Daily Archives: May 11, 2011

Bank VTB (Armenia) announces unprecedented action “VTB-victory”

CJSC “Bank VTB (Armenia)” announces about the conduction of unprecedented action of deposits in regard with the Great Victories in May.

Regulator: Inflation Likely To Be Recorded Between 4% And 7.5% In Armenia In Late 2011

The Central Bank of Armenia said that it was 86% sure that inflation would be recorded between 4% and 7.5% in Armenia by the end of this year.

Commerzbank The First Time Approved The Banking Guarantee In National Currency For Armenian Bank

German Commerzbank approved banking guarantee in the sphere of funding of trade in the amount of about 700 million drams.

No Transactions By Us Dollars And Euro In NASDAQ OMX Armenia

On May 11 no transactions were implemented by US dollars and euro in NASDAQ OMX Armenia.

Mid-Market Rate Of Armenian Dram To Us Dollar Is 372,24 For $1 On May 11, 2011

Mid-market rate of Armenian dram to US dollar in the stock market of Armenia reduced by 0.22 points on May 11, 2011 compared with May 10, 2011.

ISG Insurance Company Sold To RASCO

Mikhail Bagdasarov, a well-known entrepreneur, has sold his ISG insurance company to RASCO insurance company.

Combined liabilities of Armenian commercial banks grew by 7.64% in quarter one to 1. 319.3 trillion drams

Combined liabilities of Armenian commercial banks grew by 7.64% in quarter one to 1. 319.3 trillion drams.

Armenian banks, crediting organizations and insurance companies commit 1,340 breaches in 2010: report says

Armenian banks, crediting organizations and insurance companies committed 697, 226 and 417 breaches (of law and regulations) respectively in 2010.

Artsakh HEK common nominal stocks to be listed on B market of NASDAQ OMX Armenia

NASDAQ OMX Armenia stock exchange said today that starting May 11, 2011, common nominal stocks issued by Artsakh HEK cjsc.