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  • Archive for November, 2010

    Combined Capital Of Armenian Crediting Organizations Increases By 6.04% To 35.2 Billion Drams

    Wednesday, November 17th, 2010

    The combined capital of Armenian crediting organizations increased by 6.04% in the Q3 to 35.2 billion Drams as of September 30.

    Armenian banks’ total capital grow 10.9% to AMD 317.7 billion

    Tuesday, November 16th, 2010

    Armenian banks’ total capital grew 10.9% over the third quarter reaching AMD 317.7 billion by late September.

    Total Amount Of Armenian Crediting Organizations’ Liabilities Contract By 3.9% To 53.8 Billion Drams

    Tuesday, November 16th, 2010

    The total amount of Armenian crediting organizations’ liabilities contracted by 3.9% in the third quarter of 2010 to 53.8 billion Drams

    ARKA News Agency Releases “Credit Organizations Armenia Bulletin For Q3 Of 2010

    Tuesday, November 16th, 2010

    ARKA News Agency has released a regular issue of its quarterly bulletin “Credit Organizations Armenia” for the third quarter of 2010.

    Combined Assets Of Armenian Crediting Organizations Contract By 0.15% To 89.3 Billion Drams

    Tuesday, November 16th, 2010

    In the third quarter of 2010 the combined assets of Armenian crediting organizations contracted by 0.15% or 133.8 million Drams to 89.3 billion Drams.

    Armenia Reaches Considerable Progress In Developing Its Economy

    Monday, November 15th, 2010

    Armenia has accomplished a great deal in developing its economy, said Daniel Rosenblum, Coordinator of U.S. Assistance to Europe and Eurasia.

    Dollar slips 0.73 p.p. Against Armenian Dram

    Monday, November 15th, 2010

    The U.S. dollar weakened by 0.73 p.p. against Armenian national currency on Monday, compared with Friday, and traded at 363.27 drams at Armenian forex.

    Dollar Loses 0.58 p.p. At NASDAQ OMX Armenia Stock Exchange

    Monday, November 15th, 2010

    On Monday, the U.S. dollar lost 0.58 p.p. from its Friday’s value and traded at 362.34 drams at NASDAQ OMX Armenia Stock Exchange.

    VTB Bank (Armenia) Offers New Credit Cards With Grace Credit Period

    Monday, November 15th, 2010

    VTB Bank (Armenia) offered new products – Visa Classic Credit and Visa Gold Credit cards – to individuals, the bank’s press office reports.

    Areximbank – Gazprombank group’s lending to Armenia’s industry sector reaches AMD 17 billion

    Monday, November 15th, 2010

    Loans extended by Arexnimbank – Gazprombank Group to Armenia’s industry sector grew by AMD 16.6 billion over nine months of this year and reached more than AMD 17 billion by late September, the bank’s press office reports