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  • Archive for May, 2010

    Hot line launched on Areximbank-Gazprombank Group website

    Wednesday, May 19th, 2010

    A hotline was launched on the site of cjsc Areximbank-Gazprombank Group, the press-release received on Tuesday stated. 

    Converse Bank introduces new accumulative long-term deposit in cashless gold

    Wednesday, May 19th, 2010

    Armenian Converse Bank said today it has introduced a new accumulative long-term deposit in cashless gold called Voske Manook (Golden Child).

    Finka opens branch in Gyumri

    Wednesday, May 19th, 2010

    Armenian Central Bank representatives traveled May 14 to the second-largest town of Gyumri to open a branch of Finka universal crediting organization.

    Armenia strengthening security of bank deposits

    Monday, May 17th, 2010

    Armenia strengthening security of bank deposits

    Armenian credit organizations’ aggregate liabilities reach AMD 56 billion by late march

    Monday, May 17th, 2010

    Armenian credit organizations’ aggregate liabilities have grown 12.25% or by AMD 6.1 billion and reached AMD 56 billion by March 31.

    Areximbank-Gazprombank Group introduces system of social benefits and incentives for its staff

    Monday, May 17th, 2010

    Areximbank-Gazpormbak Group said in a press release it has introduced an expanded system of social benefits for its staff. ‘to raise the level of their social protection, to encourage leading specialists and make the staff feel more confident about tomorrow.’

    VTB Bank (Armenia) lowers interest rates on lending to large and medium-sized businesses

    Monday, May 17th, 2010

    VTB Bank (Armenia) has decided to lower interest rates on lending to large and medium-sized businesses.

    ARKA News Agency releases quarterly bulletin on banks performance indicators

    Saturday, May 15th, 2010

    ARKA News Agency releases quarterly bulletin on banks performance indicators

    EBRD increasing its capital in Araratbank by $600,000 through subscription to new shares

    Saturday, May 15th, 2010

    EBRD increasing its capital in Araratbank by $600,000 through subscription to new shares

    Interest Rates on Credits Drop by 2 Percent

    Thursday, May 13th, 2010

    Ararat Ghukasian, chairman of the Union of Armenian Banks, said that interest rates on various credits dropped by 2% this year.