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  • Archive for March 15th, 2010

    Yerevan brandy factory to restore its pre-crisis output in 2012Yerevan brandy factory to restore its pre-crisis output in 2012

    Monday, March 15th, 2010

    Yerevan brandy factory to restore its pre-crisis output in 2012

    In 2009 Armenian banks invested 87.6 billion drams in state bonds

    Monday, March 15th, 2010

    In 2009 Armenian banks invested 87.6 billion drams in state bonds which is by 0.8% more than the indicator at the beginning of forth quarter.

    Statistical service head: Armenia’s GDP makes up 85.6% of its 2008 GDP

    Monday, March 15th, 2010

    Armenia’s 2009 GDP made up 85.6% of its 2008 GDP, Stepan Mnatsakanyan, chairman of National Statistical Service of Armenia, said Friday summarizing the 2009 results.

    Eurasian Development Bank to open office in Armenia

    Monday, March 15th, 2010

    Armenian government welcomes Eurasian Development Bank’s intention to open its office in Armenia.

    Armenian Central Bank expects five-percent reduction of bank deposits in foreign currencies in favor of dram deposits

    Monday, March 15th, 2010

    The Central Bank of Armenia hopes that bank deposits in national currency will grow by five percent and those in foreign currencies reduce.

    Time deposits from individuals and private entrepreneurs grow last year by 42.2% to 248.1 billion drams

    Monday, March 15th, 2010

    The volume of time deposits in Armenian banks, attracted from individuals and private entrepreneurs grew last year by 42.2% to 248.1 billion Drams.

    HSBC tops GTR’S 2009 trade awardsHSBC was recognized as The Best Global Trade Finance Bank 2009 for the second year running by Global Trade Review (GTR) magazine, London, UK. The decision was made based on the number of votes submitted by HSBC trade customers worldwide and the votes cast by GTR’s annual readers’ poll on the leading financial institutions in trade finance in 2009.

    Monday, March 15th, 2010

    HSBC was recognized as The Best Global Trade Finance Bank 2009 for the second year running by Global Trade Review (GTR) magazine, London, UK. The decision was made based on the number of votes submitted by HSBC trade customers worldwide and the votes cast by GTR’s annual readers’ poll on the leading financial institutions in trade finance in 2009.