Despite the difficulties Armenia faced in the beginning of 2009, the country has managed to survive the crisis, Armenian Finance Minister Tigran Davtyan said.
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Archive for February, 2010
Finance minister: confidence in Armenian banking system has grown
Tuesday, February 23rd, 2010In 2009 insurance sector provided 3-4% increase in Armenia in total decline of economy in the country
Tuesday, February 23rd, 2010In 2009 insurance sector provided 3-4% increase in Armenia in total decline of economy in the country
Armenian finance minister not so happy about Armenian banks’ behavior amid crisis
Tuesday, February 23rd, 2010Armenian finance minister not so happy about Armenian banks’ behavior amid crisis
Ministry of Finance: Economy of Armenia undiversified
Monday, February 22nd, 2010Armenia’s economy is not diversified enough,” the Minister of Finance Tigran Davtyan said.
Armenian government will reconsider its steady development program
Monday, February 22nd, 2010Armenian economy minister Nerses Yeritsian said Saturday the government will reconsider its steady development program later this year.
PAN-Armenian Bank to concentrate on education, health and recreation: minister
Monday, February 22nd, 2010The pan-Armenian Bank will concentrate on education, health and recreation, Armenian economy minister Nerses Yeritsian said.
Small and medium entrepreneurship development national center fund, approved 296 million drams worth credit guarantees last year
Saturday, February 20th, 2010In an exclusive interview with ARKA, Ishkhan Karapetyan, executive director of Small and Medium Entrepreneurship Development National Center Fund, said some 296 million Drams worth credit guarantees were approved for 57 SME companies last year, while its overall credit commitments amounted to 640 million Drams.
Ten Armenian commercial banks ready to join new mortgage lending scheme
Saturday, February 20th, 2010Ararat Ghukasian, chairman of the Association of Armenian Banks, said today 10 Armenian commercial banks said they are ready to join a government-backed program aimed at spurring the mortgage lending in the country.
Procredit bank introduces single utilities payment system
Saturday, February 20th, 2010Armenian ProCredit bank said it has introduced a single Utilities Payment system and all citizens living or working near a bank branch may drop in to pay their utilities.
Some $50.8 million bought by Armenian commercial banks at intrabank forex market february 15- 19
Saturday, February 20th, 2010A total of $50.8 million was bought by Armenian commercial banks at intrabank forex market in a time span between February 15- 19 at average weighted exchange rate of 380.61 drams per one USD, the Central Bank of Armenia said to ARKA.
