Lebanese banks are negotiating over acquisition of one of Armenian bank’s stakes, Dr. Francois Bassil, chairman of the council of Byblos Bank Group and Byblos Bank Armenia CJSC, said at a news conference on Tuesday.
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Archive for December 7th, 2010
Lebanese banks negotiating acquisition of one of Armenian bank’s stakes
Tuesday, December 7th, 2010Armenian Сentral bank’s council registers two bank branches
Tuesday, December 7th, 2010Armenian Central Bank’s Council has ruled today to register the Masis branch of Araratbank and Avan-1 branch of the Armenian Development Bank. The meeting was chaired by Central Bank governor Arthur Javadian.
Commercial banks’ total credit investments in local economy grow by 2.2%
Tuesday, December 7th, 2010Armenian commercial banks’ total credit investments in the local economy grew by 2.2% in October from September to 823.1 billion Drams, the Central Bank of Armenia said in a statement posted on its official website.
Individual non-commercial remittances to Armenian in Jan.-Oct. slash by 3%
Tuesday, December 7th, 2010The volume of individual non-commercial remittances to Armenian via banks in the first ten months of 2010 has slashed by 3% (or $38,600) year-on-year to $1.267.3 billion, the Central Bank of Armenia said in a statement posted on its official website.
In 2010 the volume of credit portfolio of “Byblos Bank Armenia” will be about 13 billion drams
Tuesday, December 7th, 2010y the results of 2010 the volume of credit portfolio of “Byblos Bank Armenia” will be 12.5-13 billion drams.
Aghanbekyan: currency policy of Armenian Central Bank seriously damaged the economy of the country
Tuesday, December 7th, 2010Policy of CB Armenia regarding national currency before crisis was very harmful for the Armenian economy.
