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  • Archive for August, 2011

    Inecobank attracts credit in $10 million for the development of small and medium-sized enterprises

    Wednesday, August 24th, 2011

    Inecobank attracts credit in $10 million for the development of small and medium-sized enterprises.

    Crediting of agriculture by the Armenian banks in the 2nd quarter of 2011 increased by 27.2% to over 68.6 billion drams

    Wednesday, August 24th, 2011

    Crediting of agriculture by the Armenian banks in the 2nd quarter of 2011 increased by 27.2% to over 68.6 billion drams.

    Armenian crediting organizations post 18.7% total capital growth in half one

    Tuesday, August 23rd, 2011

    In the first half of 2011 the total capital of credit organizations in Armenia increased by 18.7% or 7.211 billion drams to about 45.7 billion drams.

    Total liabilities of Armenian insurance companies contract by 9.7% in quarter two

    Monday, August 22nd, 2011

    Total liabilities of Armenian insurance companies contracted by 9.7% or 1.4 billion drams in the second quarter of the year to 13.3 billion drams.

    Bank VTB (Armenia) improved the tariffs of debit VISA cards

    Monday, August 22nd, 2011

    Bank VTB (Armenia) improved the tariffs for the issuance and service of multi-currency debit cards of international payment system.

    Prices for precious metals increased

    Monday, August 22nd, 2011

    Agency “State depository of precious stones and metals” of Armenian Ministry of Finance defined prices for precious metals for the period of August 22-28, 2011.

    Armenian Central Bank placed state (treasury) short-term coupon bonds in the amount of 500 million drams

    Monday, August 22nd, 2011

    On Monday Armenian Central Bank placed 13-week AMGT1321B111 short-term state treasury coupon bonds in the amount of 500 million drams.

    Armenia’s Gross International Reserves Decrease By $86 Million To $1.779.8 Billion

    Saturday, August 20th, 2011

    As of late June this year Armenia’s gross international reserves decreased by $86 million or 4/6% from the beginning of the year to $1.779.8 billion.

    ArCa Armenian Payment System Issues 20,417 Plastic Cards In July 2011

    Saturday, August 20th, 2011

    ArCa Armenian payment system issued 20,417 plastic cards in July 2011 – 20.4% year-on-year growth.

    Transactions In Arca Payment System In July Exceed 44.2 Billion AMD

    Saturday, August 20th, 2011

    The amount of transactions made within ArCa payment system in July of 2011 exceeded 44.2 billion drams, a 4.5% increase from the previous month of June