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  • Archive for May, 2011

    ARKA News Agency releases fresh issue of bulletin “Insurance Companies of Armenia”

    Thursday, May 26th, 2011

    ARKA News Agency has released another issue of its regular bulletin “Insurance Companies of Armenia” for the 1st Q 2011.

    In Jan.-April 2011 Armenian budget revenues grow by 9%

    Thursday, May 26th, 2011

    YEREVAN, May 25, /ARKA/. Armenia’s first four months budget was performed with a 2.4 billion dram deficit, down from the projected 56.2 billion dram, the ministry of finance said in a report. According to official data, revenues grew by 9% year-on-year or by 21 billion drams to 254.8 billion drams as of late April 2011. […]

    Armenian banking system’s per-employee profit averages AMD 1,149,000 in 1st Q 2011

    Thursday, May 26th, 2011

    Armenian banking system’s per-employee profit averages AMD 1,149,000 in 1st Q 2011.

    HSBC Bank Armenia leader by size of lending to trade in first quarter of 2011

    Wednesday, May 25th, 2011

    HSBC Bank Armenia was the leading bank by size of lending to trade in the first quarter of 2011.

    Central Bank of Armenia to issue commemorative coins in honor of Michel Platini

    Wednesday, May 25th, 2011

    The Central Bank of Armenia plans to issue a commemorative coin dedicated to famous French footballer, now president of UEFA, Michel Platini.

    VTB Bank (Armenia) sets credit-documentary limit for map company

    Tuesday, May 24th, 2011

    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

    Armenian bank Anelik introduces new scheme designed to automate loan issuance and decision-making processes

    Tuesday, May 24th, 2011

    Armenian 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, 2011

    The 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, 2011

    On 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, 2011

    Tigran 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.