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  • Archive for February 24th, 2011

    BTA Bank revises interest rates on all short-term deposits in Armenian drams

    Thursday, February 24th, 2011

    BTA Bank has revised interest rates on all the short-term deposits in Armenian drams, the bank’s press office reported on Thursday.

    Individual loans in banks’ outstanding credit portfolios was 32.3% late in 2010

    Thursday, February 24th, 2011

    The share of individual loans in Armenian banks’ combined outstanding credit portfolios at the end of 2010 was 32.3%.

    Bank VTB (Armenia) signs long-term partnership agreement with electrical networks of Armenia

    Thursday, February 24th, 2011

    Bank VTB (Armenia) said today it has signed a long-term partnership agreement with Russian-owned Electrical Networks of Armenia distributing company to handle its special bank account.

    Armenia’s crediting organizations post 0.86% growth in combined assets in Q4, 2010

    Thursday, February 24th, 2011

    Combined assets of Armenia’s crediting organizations grew by 0.86% in the last quarter of 2010.