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  • Archive for September, 2010

    Total capital of Armenian insurance companies shrinks by 5,41% in second quarter

    Wednesday, September 8th, 2010

    Total capital of Armenian insurance companies shrinks by 5,41% in second quarter

    Chairman of HSBC Holdings plc to resign to take up as U.K. Trade and Investments minister

    Wednesday, September 8th, 2010

    A prominent British banker Stephen Green, the chairman of HSBC Holdings plc, will resign to accept the offer of Prime Minister David Cameron to take up as U.K. trade and investments minister.

    Total Capital of Armenia’s Crediting Organizations Grows by 2.61% To 33.2 Billion Drams

    Wednesday, September 8th, 2010

    The total capital of Armenia’s crediting organizations grew by 2.61% in the second quarter of 2010 or by 846.5 million Drams to 33.2 billion Drams.

    Armenian Inecobank, Money Gram Launch Joint Campaign

    Monday, September 6th, 2010

    Armenian Inecobank and Money Gram international payment system have launched a joint campaign, the bank’s press office reported on Monday.

    Converse Bank offers 2-to 30-percent discount package to its ARCA, VISA and Mastercard users

    Monday, September 6th, 2010

    The Converse Bank offers an unprecedented 2-to30-percent discount package to its ARCA, Visa and Mastercard users.

    Central Bank of Armenia liquidates London -Yerevan insurance company

    Monday, September 6th, 2010

    The Central Bank of Armenia Council said it has allowed London -Yerevan insurance company to stop its operation.

    Conversebank issues 5,000 MasterCard payment cards from February to July

    Monday, September 6th, 2010

    Armenian Conversebank said it had issued 5,000 MasterCard payment cards from February to July as part of a special offer called Super Chance Together with MasterCard.

    Armenian Central Bank chairman flies to Romania

    Saturday, September 4th, 2010

    Armenia’s Central Bank chairman Arthur Javadian has left today for Bucharest, Romania, to take part in a set of events designed to mark the 130-th anniversary of Romania’s National Bank, Armenia’s Central Bank said in a press release.

    Moody’s leaves unaffected Ardshinivestbank ratings

    Friday, September 3rd, 2010

    International credit rating agency Moody’s has left unchanged the long-term local currency deposit ratings Ba2 of Armenian Ardshininvestbank and its short-term Not Prime rating, including long-term Ba2 and short-term Not Prime ratings for deposits in foreign exchange as well as its D financial strength rating (BFSR), the Bank said in a press release.

    Total amount of deals in us dollars at NASDAQ OMX Armenia stock exchange in 2010 august grows by 12%

    Friday, September 3rd, 2010

    The total amount of deals in US Dollars at NASDAQ OMX Armenia stock exchange in 2010 August amounted to $63.1 million, equivalent to 23.05 billion Drams.