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  • Archive for May 18th, 2011

    Mid-Market Rate Of Armenian Dram To Us Dollar Is 36 5.5 For $1 On May 18, 2011

    Wednesday, May 18th, 2011

    Mid-market rate of Armenian dram to US dollar in the stock market of Armenia increased by 1.15 points on May 18, 2011 compared with May 17, 2011. It is 374.89 drams for $1

    Neither Dollar Nor Euro Exchange Deals Effected At NASDAQ OMX Armenia Today

    Wednesday, May 18th, 2011

    Neither dollar/dram nor euro/dram exchange deals were effected at NASDAQ OMX Armenia on Wednesday, according to the information received from this stock exchange.

    VTB Bank (Armenia) Intends To Open Retail VIP Division This Year

    Wednesday, May 18th, 2011

    VTB Bank (Armenia) intends to open a retail VIP division this year, Valery Ovsyannikov, chairman of the board of VTB Bank (Armenia), said on Wednesday.

    VTB Bank (Armenia): Retail Segment Likely To Appear In Agriculture Market

    Wednesday, May 18th, 2011

    VTB Bank (Armenia) doesn’t rule out probability of retail segment’s appearance in agriculture market, said Valery Ovsyannikov, director general of VTB Bank (Armenia).

    About 12 Thousand Pensioners In Armenia Are Served By The Cards Of Bank VTB (Armenia)

    Wednesday, May 18th, 2011

    Bank VTB (Armenia) serves about 50 thousand pensioners, of which 12 thousand are served by the cards, said General Director, Chairman of Directorate of the Bank VTB (Armenia) Valeri Ovsyannikov

    VTB Bank (Armenia) Has No Intention To Lower Interest Rates On Loans

    Wednesday, May 18th, 2011

    Valery Ovsyannikov, director general of VTB Bank (Armenia) said the bank can’t run the risk of lowering interest rates on loans.

    Armenian banks investments into (STB) increased by 3.6% in March

    Wednesday, May 18th, 2011

    Armenian commercial banks’ investments into state treasury bonds (STB) in 2011 March increased by 3.6% from February to 138 billion drams.

    Bank VTB (Armenia) plans to increase its outstanding credit portfolio by 25-30% this year

    Wednesday, May 18th, 2011

    Yuri Gusev, head of the financial department of the Russian-owned Bank VTB (Armenia), said today it plans to increase its outstanding credit portfolio by 25-30% this year.

    Bank VTB (Armenia) earns 1.3 billion drams in net profits in quarter one, CEO says

    Wednesday, May 18th, 2011

    In the first quarter of 2011 Bank VTB (Armenia) earned 1.3 billion drams in net profits, Valery Ovsyanikov, the chief executive officer of the Russian-owned bank, told a news conference today.

    Outstanding credit portfolio of Armenian crediting organizations increases in March by 5.2%

    Wednesday, May 18th, 2011

    Outstanding credit portfolio of Armenian crediting organizations increases in March by 5.2%.