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  • Archive for June, 2011

    One person to combine positions of Pan-Armenian Bank chief executive officer and board chairman

    Thursday, June 23rd, 2011

    One person to combine positions of Pan-Armenian Bank chief executive officer and board chairman.

    Ameriabank is the “Platinum” sponsor of the first competition of business plans of AUA students

    Thursday, June 23rd, 2011

    Ameriabank is the “Platinum” sponsor of the first competition of business plans of AUA students.

    Monetary Base In Armenia Shrinks 1.17% To AMD 515 668 Million

    Wednesday, June 22nd, 2011

    Monetary base in Armenia amounted to AMD 515 668 million by June 20 after shrinking by AMD 6097 million

    Araratbank earns 1.27 billion drams in net profits last year

    Wednesday, June 22nd, 2011

    In 2010 Armenian Araratbank earned a total of 1.279 billion drams in net profits, by 250.1% more than in 2009.

    “Araratbank” to pay annual 4.17% dividends to shareholders by the results of 2010

    Wednesday, June 22nd, 2011

    Armenian Araratbank will pay dividends to its shareholders by the results of 2010 – about 208 drams per share.

    Percent rates of long-term dram deposits increased in May and in foreign currency - reduced

    Wednesday, June 22nd, 2011

    Percent rates of long-term dram deposits increased in May and in foreign currency – reduced.

    Armenian commercial banks’ lending to residents grows 2.7% to amd 592.4 billion

    Tuesday, June 21st, 2011

    Armenian commercial banks’ lending to residents grew 2.7% in April, compared with March, to AMD 592.4 billion, the Central Bank of Armenia said reviewing monetary indicators for April 2011.

    Armenian banks’ retained earnings surge nearly two times

    Tuesday, June 21st, 2011

    Armenian banks’ retained earnings surge nearly two times.

    Mandatory car Insurance Makes Half Of Ingo Armenia’s Portfolio

    Tuesday, June 21st, 2011

    Mandatory car insurance and other voluntary insurance policies account for 50% of Ingo Armenia’s insurance company’s portfolio, company CEO, Levon Altunian, told journalists

    Ingo Armenia exploring possibilities to extend its services to agricultural market

    Monday, June 20th, 2011

    Ingo Armenia insurance company is exploring possibilities to extend its services to agricultural sector of the country.