In the fourth quarter of 2010 the total assets of Armenia-based insurance companies grew by 3.3 billion Drams or 16% from the previous quarter to 23.8 bullion Drams.
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Archive for February, 2011
Total assets of Armenian insurance companies grew by 3.3 billion drams in Q4, 2010 to 23.8 bullion drams
Monday, February 21st, 2011Eight insurance companies post 515.4 million drams in net losses in 2010
Friday, February 18th, 2011Armenia’s eight insurance companies posted 515.4 million Drams in net losses in 2010 against almost one billion Drams in net profits earned in 2009.
It may take 2-3 years for economy to recover to before-the-crisis level; Central Bank ex-governor
Friday, February 18th, 2011A former governor of Armenia’s Central Bank said today it may take the country’s economy from 2 to 3 years to recover to before-the-crisis level
Growth Rates Of Earning Indicator From The Sale Increased By 21.8% In December In A Number Of Large Armenian Companies
Friday, February 18th, 2011Growth rates of earning indicator from the sale of a number of large Armenian enterprises increased by 21.8% making 239.5 billion drams in December versus 2009.
BTA Bank Armenia revises downward annual fee for servicing MasterCard Gold cards
Thursday, February 17th, 2011BTA Bank Armenia has revised downward the annual servicing fee for MasterCard Gold plastic cards from 30,000 Drams to 12,000 Drams.
Central Bank of Armenia will launch updated version of its official website
Thursday, February 17th, 2011The Central Bank of Armenia (CBA) will launch an updated version of its official website, CBA press officer Zaruhi Barseghian told ARKA.
Central Bank of Armenia issues four commemorative coins
Thursday, February 17th, 2011The Central Bank of Armenia (CBA) has issued four silver commemorative coins as part of the international numismatic program Evangelic Scenes in Armenian Miniatures.
Armenian Central Bank places long-term government bonds worth AMD 3 billion
Thursday, February 17th, 2011On Thursday, the Central Bank of Armenia placed AMGB07172189 long-term government bonds worth AMD 3 billion.
Armenian banks’ net cash outflow totals AMD 37.6 billion in 2010
Thursday, February 17th, 2011Armenian banks’ net cash outflow totaled AMD 37.6 billion in 2010.
Armenian finance ministry buys out mid-term treasury government bonds worth AMD 1 billion
Thursday, February 17th, 2011On Wednesday, Armenian Finance Ministry bought out AMGN36265126 mid-term treasury government bonds worth AMD 1 billion.
