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    June 2010
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  • Archive for June 1st, 2010

    ARKA news agency releases fresh issue of bulletin indicators of Armenian insurance companies performance

    Tuesday, June 1st, 2010

    ARKA news agency has released a fresh issue of a quarterly bulletin ‘Indicators of Armenian Insurance Companies Performance’ for the first quarter of 2010.

    Liabilities of banking system increased by 4.79%

    Tuesday, June 1st, 2010

    Total liabilities of the banking system of Armenia were 1122.3 billion drams as of March 31 compared with the beginning of the year – 51.3 billion drams or 4.79% (increase within one year – 25.03%).

    Araratbank ceo predicts lowering interest rates fro loans and deposits in USD

    Tuesday, June 1st, 2010

    Chief executive officer of Armenian privately-owned Araratbank, Ashot Osipyan, said Monday the interest rate for loans and bank deposits in US Dollars will be lowering.

    Armenian Araratbank May Enter Warsaw Stock Exchange in 2011 or 2012

    Tuesday, June 1st, 2010

    Armenian Araratbank may enter Warsaw Stock Exchange in 2011 or 2012, said Ashot Osipyan, chairman of the bank’s board and executive director.

    Araratbank Not to Pay 2009 Dividends to Its Shareholders

    Tuesday, June 1st, 2010

    The board of Armenian Araratbank has decided not to pay dividends for 2009 to its shareholders.

    Armenian Dram Strengthens 2.3 Points against Dollar in May

    Tuesday, June 1st, 2010

    Market prices in Armenia went 1% up, and the national currency strengthened 2.3% against the US dollar on the foregn exchange in May.

    Armenian Araratbank’s Credit Portfolio May Grow 70% This Year

    Tuesday, June 1st, 2010

    YEREVAN, June 1. /ARKA/. Armenian Araratbank’s credit portfolio is planned to be enlarged at least by 70% since the beginning of this year, Ashot Osipyan, chairman of the bank’s board and executive director, said on Monday. “The bank has the immediate and ultimate goals. The immediate goal is to enlarge the credit portfolio by more […]