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  • Archive for November 2nd, 2010

    IFC to help Anelik Bank increase SME lending through improved risk management

    Tuesday, November 2nd, 2010

    IFC, a member of the World Bank Group, said it will help Armenia’s Anelik Bank improve its risk-management practices and increase lending to smaller businesses.

    Over 18 million drams exacted in favor of Armenian citizens by financial ombudsman

    Tuesday, November 2nd, 2010

    Over 18 million Drams were exacted in favor of Armenian citizens over the first nine months of the year by Armenia’s office of financial ombudsman.

    Armenian median monthly wage rises by 7.3% $297

    Tuesday, November 2nd, 2010

    Armenian National Statistical Service said the median monthly wage rose by 7.3% in 2010 September from 2009 September to 108,067 Drams, en equivalent of $297, €228 or 9,158 Russian rubles.

    World Bank projects 4-5% full-year economic expansion for Armenia this year

    Tuesday, November 2nd, 2010

    The World Bank projects a 4-5% full-year expansion for Armenia’s economy this year, head of World Bank Yerevan Office, Jean-Michel Happi, told ARKA today.

    Retained earnings of Armenian credit organizations surge by 70.5% in January-September

    Tuesday, November 2nd, 2010

    Retained earnings of Armenian credit organizations surge by 70.5% in January-September

    Armenia’s foreign trade increases 23.6% year-on-year in January- September 2010 to $3.383.7 billion

    Tuesday, November 2nd, 2010

    Armenia’s foreign trade increases 23.6% year-on-year in January- September 2010 to $3.383.7 billion