Ingo Armenia insurance company said it has opened two more branches Demirchian and Piazza Grande.
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Archive for February, 2011
Ingo Armenia opens two new branches
Friday, February 25th, 2011Time deposits of individual customers and private entrepreneurs in Armenian banks surge by 22.3% in 2010
Friday, February 25th, 2011The volume of time deposits of individual customers and private entrepreneurs in Armenian banks surged by 22.3% in 2010 to 303.3 billion Drams.
BTA Bank revises interest rates on all short-term deposits in Armenian drams
Thursday, February 24th, 2011BTA 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, 2011The 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, 2011Bank 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, 2011Combined assets of Armenia’s crediting organizations grew by 0.86% in the last quarter of 2010.
Armenian banks’ overdue credits in late December drop by 20.6% from November to 3.7 billion drams
Wednesday, February 23rd, 2011Armenian banks’ overdue credit investments in late December 2010 dropped by 20.6% from November to 3.7 billion Drams, the Central Bank of Armenia (CBA) said in its monthly bulletin for 2010 December, posted on its official website.
NASDAQ OMX Armenia to award prizes to best investment companies march 1
Wednesday, February 23rd, 2011NASDAQ OMX Armenia stock exchange said today it will hold a special ceremony March 1 to award prizes to best investment companies as part of Best Exchange Member contest.
Economist says government must revise taxation policy to make it more effective and flexible
Wednesday, February 23rd, 2011Armenia’s taxation policy should be revised to make it more effective and flexible, Tatul Manaserian, a former advisor to parliament speaker on economic issues, said.
Armenian Banks Investments In Government Bonds Increase 16.8% In Q4, 2010
Wednesday, February 23rd, 2011Armenian commercial banks’ investments in the government treasury bonds in the 4th quarter of 2010 grew by 16.8% to 120.6 billion Drams
