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  • Archive for March, 2010

    Fair competition environment is key stimulus of economic growth: UAIB chairman

    Wednesday, March 24th, 2010

    Fair competition environment is key stimulus of economic growth: UAIB chairman

    Ameriabank together with USAID fs share begins project for financing SME floating capital

    Wednesday, March 24th, 2010

    Ameriabank together with USAID FS Share program begins a project designed for financing the floating capital of small and medium-sized businesses, based on Purchase Order Financing.

    Ardshininvestbank and OFID sign a us$10 million loan agreement

    Wednesday, March 24th, 2010

    Armenian Ardshininvestbank and the OPEC Fund for International Development (OFID) signed a US$10 million loan agreement. The loan is provided for 7 years to support the bank in its programs for SME financing.

    David Harutyunyan

    Monday, March 22nd, 2010

    Last answer was made by:




    David Harutyunyan
    Deputy Executive Director of Araratbank

    Valery Ovsyannikov

    Monday, March 22nd, 2010

    Last answer was made by:

    Valery Ovsyannikov

    Valery Ovsyannikov
    Director General, Chairman of Directorate of VTB Bank (Armenia)

    Local manufacturers stricken hard by artificially overrated value of Armenian dram

    Monday, March 22nd, 2010

    Artificially overrated value of Armenian national currency has struck hard at local manufacturers, Vahan Hovhannisyan, the head of Armenian Revolutionary Federation Dashnaktsutyun’ faction in National Assembly, said Friday at a briefing.

    Former prime minister says dram’s exchange rate against USD to reach 450 in summer

    Friday, March 19th, 2010

    Former prime minister Hrant Bagratian predicted today that the renewed depreciation of Armenia’s national currency, the dram, which began last month, will continue and the dram will be trading at 450 per one USD by the mid-summer.

    Areximbank-Gazprombank Group to triple its assets by 2012 to $300 million

    Friday, March 19th, 2010

    Areximbank-Gazprombank Group said it plans to triple its assets to $300 million by 2012 and increase its credit portfolio by 350 percent.

    UCO “Aregak” has no plans to enter the market of consumers’ crediting

    Thursday, March 18th, 2010

    UCO “Aregak” has no plans to enter the market of consumers’ crediting

    Armenian Central Bank placed State (treasury) long-term coupon bonds in the amount of 590 million drams

    Thursday, March 18th, 2010

    Armenian Central Bank placed State (treasury) long-term coupon bonds in the amount of 590 million drams