Russian-owned VTB Bank (Armenia) has set a credit-documentary limit for Armenian MAP company producing alcoholic beverages and canned food , to finance various projects, including providing farmers with interest-free advance payments, MAP founder Alexan Petrosian, said today
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Archive for May 24th, 2011
VTB Bank (Armenia) sets credit-documentary limit for map company
Tuesday, May 24th, 2011Armenian bank Anelik introduces new scheme designed to automate loan issuance and decision-making processes
Tuesday, May 24th, 2011Armenian bank Anelik said it is introducing a new scheme designed to automate the process of loan issuance and decision-making on lending to micro, small and medium-sized businesses.
Dollar gains 0.86 point against Armenian dram
Tuesday, May 24th, 2011The U.S. dollar strengthened 0.86 percentage point against the Armenian national currency on Tuesday, compared with Monday, and traded at 375.62 drams at Armenia’s forex.
Dollar adds 1.01 point at NASDAQ OMX Armenia stock exchange
Tuesday, May 24th, 2011On Tuesday, the U.S. dollar added 1.01 percentage point to its Monday’s value and traded at 377 drams at NASDAQ OMX Armenia.
Single-digit inflation rate to be recorded in Armenia in first half of this year
Tuesday, May 24th, 2011Tigran Jrbashyan, development director of Ameriabank, said Tuesday that a single-digit inflation rate would be recorded in Armenia in the first half of this year.
Median Armenian nominal wage in Q one drops by 0.5%
Tuesday, May 24th, 2011The median nominal wage in the first quarter of 2011 dropped by 0.5% year-on-year to 108,248 drams.
Areximbank - Gazprombank Group cardholders can enjoy discounts in more than 120 trade and service outlets
Tuesday, May 24th, 2011Areximbank – Gazprombank Group cardholders can enjoy discounts in more than 120 trade and service outlets.
Armenian banks’ lending to industrial sector grows 10.6% in 1st Q 2011
Tuesday, May 24th, 2011Armenian banks’ outstanding loans to the industry sector totaled AMD 219.7 billion in late March 2011 after growing 10.6% over the first quarter.
