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  • Archive for March, 2011

    Black Sea Trade and Development Bank plans to provide credits to five Armenian banks in the amount of 4-8 million Euro

    Thursday, March 24th, 2011

    Black Sea Bank of Trade and Development discusses the opportunity of crediting five Armenian banks in the amount of 4-8 million EURO.

    Portfolio of Black Sea Trade and Development Bank can be 101 million Euro in 2014

    Thursday, March 24th, 2011

    During the next four years the portfolio of Black Sea Bank of Trade and Development in Armenia can be doubled, President of the Bank Andrey Kondakov informed.

    Net internal assets of CB Armenia were 86.9 billion drams in February increased by 41.2%

    Thursday, March 24th, 2011

    Net internal assets of CB Armenia were about 86.9 billion drams in February 2011 increased by 41.2% versus January.

    BSECO delegation visits Armenia to present bank’s strategy here

    Wednesday, March 23rd, 2011

    The Black Sea Trade and Development Bank’s delegation headed by Andrey Kondakov, the president of the bank, arrived in Yerevan on Wednesday, the press office of the Central Bank of Armenia reports.

    Armenian prime minister promises lower interest rates on loans for farmers

    Wednesday, March 23rd, 2011

    Armenian prime minister promises lower interest rates on loans for farmers.

    Individual deposits at Anelik bank grow 52.8% to amd 11.3 billion in 2010

    Tuesday, March 22nd, 2011

    Individual deposits at Anelik Bank grew 52.8% or by AMD 3.8 billion over 2010 reaching AMD 11.3 billion by late December, the bank’s press office reported on Tuesday.

    Armenian government willing to lower state lending interest rate to 10% from present 12%

    Tuesday, March 22nd, 2011

    Armenian government is willing to lower the state lending interest rate to 10% from present 12%, Armenian Economy Minister Tigran Davtyan said Tuesday at a news conference.

    HSBC commits US$15m to extend future first, a global education program or children at risk

    Tuesday, March 22nd, 2011

    HSBC has pledged an additional US$15 million over five years to extend Future First, the Group’s flagship global education program that aims to tackle child poverty through education projects.

    UNCTAD: shady dealing widespread in Armenia

    Tuesday, March 22nd, 2011

    Shady dealing is widespread in Armenia, Supachai Panitchpakdi, Secretary General of United Nations Conference for Trading and Development, said Monday at a news conference in Yerevan.

    Bank VTB (Armenia) and South Caucasus railways sign factoring cooperation agreement

    Tuesday, March 22nd, 2011

    Bank VTB (Armenia) and South Caucasus railways sign factoring cooperation agreement.