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  • Archive for September 9th, 2011

    Armenian banks to take part in banking investment forum in Los Angeles

    Friday, September 9th, 2011

    Armenian banks will take part in the banking investment forum to be held in Los Angeles on September 25, Ashot Osipyan, chairman of the Union of Armenian Banks, said Friday at a news conference.

    Armenian national currency depreciates against greenback

    Friday, September 9th, 2011

    Armenian national currency depreciates against greenback.

    Armenian banks earn 21.7 billion drams in net profits in Jan-June 2011

    Friday, September 9th, 2011

    Armenian banks earned a total of 21.7 billion drams in net profits in the first half of this year, while their net profits for the whole year of 2010 totaled 33.8 billion drams, Ashot Osipyan, chairman of the Union of Armenian banks, said at a news conference on Friday.

    Osipyan: Interest rates on loans in Armenia to continue their downward motion

    Friday, September 9th, 2011

    Osipyan: Interest rates on loans in Armenia to continue their downward motion.

    Armenian banks buy $72.5 million at local foreign exchange market September 2 - 9

    Friday, September 9th, 2011

    Armenian banks buy $72.5 million at local foreign exchange market September 2 – 9.

    Serzh Sargsyan’s chief of staff relieved of his post

    Friday, September 9th, 2011

    Serzh Sargsyan’s chief of staff relieved of his post.

    Armenia not going to borrow money from foreign countries: finance minister says

    Friday, September 9th, 2011

    The Armenian government is not going to borrow money from foreign countries, finance minister Vache Gabrielian, said today in comments on the possibility of issuing government bonds.

    Armbusinessbank established a reserve center in case of force major circumstances

    Friday, September 9th, 2011

    Armbusinessbank opened a Reserve Center for the provision of uninterrupted activity in Force Major situations.

    Assets of the companies implementing investment activity in Armenia, increased by 21% to 22.5 billion rams in the second quarter of 2011

    Friday, September 9th, 2011

    Assets of the companies implementing investment activity in Armenia, increased by 21% or 3.9 billion drams in the second quarter of 2011 making 22.5 billion drams.

    Investments of commercial banks of Armenia into state bonds reduced by 1% to 136.4 billion drams in July 2011

    Friday, September 9th, 2011

    Investments of commercial banks of Armenia into state bonds reduced by 1% to 136.4 billion drams in July 2011.