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Archive for April 9th, 2010

Armenian ministry of finance placed state (treasury) mid-term coupon bonds in the amount of 500 million drams

Friday, April 9th, 2010

On Friday Armenian Ministry of Finance placed mid-term state treasury coupon bonds in the amount of 500 million drams

Overdue credits in February shrank by 5% from January to 5.1 billion drams

Friday, April 9th, 2010

The amount of overdue credits in February shrank by 5% from January to 5.1 billion Drams, the Central Bank of Armenia said in its monthly information bulletin.

Armswissbank offers trade financing facilities at 8-10% interest rate

Friday, April 9th, 2010

Armswissbank said it offers trade financing facilities at 8-10% interest rate as part of its cooperation with EBRD.

Individual money transfers to Armenia in Jan.-Feb. slash by 6.6% to $158.2 million

Friday, April 9th, 2010

The amount of individual money transfers to Armenia via banks in the first two months of the year slashed by 6.6% year-on-year ($11.1 million) to $158.2 million, the Central Bank of Armenia said in its monthly bulletin.

IMF: Armenia to reach 1.8% economic growth in 2010

Friday, April 9th, 2010

On Friday, Guillermo Tolosa, IMF resident representative in Armenia, answering the question ARKA News Agency put to him at a news conference, said Armenia would have 1.8% economic growth in 2010.

Public confidence should safeguard effectiveness of financial ombudsman office’s activity

Friday, April 9th, 2010

Enhancement of public awareness and confidence should safeguard effectiveness of Financial Ombudsman Office’s activity, France’s Insurance Ombudsman Francis Frizon told.