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  • Archive for February 25th, 2011

    Ovsyannikov: VTB Bank (Armenia) Has No Intention To Open New Branches Now

    Friday, February 25th, 2011

    VTB Bank (Armenia) has no intention to open new branches for the time being, but it will discuss the matter, if necessary, said Valery Ovsyannikov.

    Armenian Banks Purchase $75 Million This Week

    Friday, February 25th, 2011

    Banks purchased $75 million at AMD 364.65 per one dollar at Armenia’s intra-bank forex over the period between February 21 and 25

    Ameriabank’s Individual Time Deposits Grew 69% Last Year To 26 Billion Drams

    Friday, February 25th, 2011

    Ameriabank said today the overall volume of its time deposits placed by individuals grew by 69% last year to 26 billion Drams.

    Combined credit investments of Armenian banks grew last year by 26.7%

    Friday, February 25th, 2011

    The combined credit investments of Armenian banks, including deposits, factoring and leasing, grew last year by 26.7% or 203.7 billion Drams to 993.9 billion Drams.

    Ingo-Armenia pays 9 million drams in January in compensation to its clients

    Friday, February 25th, 2011

    Ingo-Armenia insurance company said it had paid 9 million Drams last month in compensation to its clients who have bought its car insurances.

    Ingo Armenia opens two new branches

    Friday, February 25th, 2011

    Ingo Armenia insurance company said it has opened two more branches Demirchian and Piazza Grande.

    Time deposits of individual customers and private entrepreneurs in Armenian banks surge by 22.3% in 2010

    Friday, February 25th, 2011

    The volume of time deposits of individual customers and private entrepreneurs in Armenian banks surged by 22.3% in 2010 to 303.3 billion Drams.