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February 2012
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Archive for February, 2012

Henri Bergström registered as chairman of supervisory board at NASDAQ OMX Armenia and central depository of Armenia

Wednesday, February 29th, 2012

Henri Bergström was registered as Chairman of Supervisory Boards of NASDAQ OMX Armenia and Central Depository of Armenia by the Decision of the CBA Chairman dd 28 February 2012.

External debt of Armenia increased by 8.2% making $3568.2 million as of december 30, 2011

Wednesday, February 29th, 2012

External debt of Armenia increased by 8.2% compared to the beginning of January 2012 (or $269.2 million) making about $3568.2 million (or about 1387 billion drams). National Statistic Service of Armenia informed ARKA News Agency that of total amount of external debt 82.7% or about $2950.7 million is the debt of the Government of Armenia which have increased by 7.8% or about $214.5 million compared to December 30, 2011.

Armenian share market to reach turning point in 2012

Wednesday, February 29th, 2012

Exclusive interview of Konstantin Saroyan, NASDAQ OMX Armenia Stock Exchange CEO, with ARKA agency.

Health insurance makes up 11% of Rosgosstrakh Armenia’s portfolio

Wednesday, February 29th, 2012

Health insurance makes up 11% of Rosgosstrakh Armenia’s portfolio

CB’s decision to lower capital adequacy standard prompted by increasing lending

Wednesday, February 29th, 2012

CB’s decision to lower capital adequacy standard prompted by increasing lending

VTB Bank (Armenia) announces new deposit product for legal entities

Wednesday, February 29th, 2012

VTB Bank (Armenia) CJSC presents “VTB-Multi-currency” and “VTB- Multi-currency+” new deposits to its corporate clients.

Interest rates on deposits in January in Armenia reduced in average by 0.4 p.p, to 8.4%

Tuesday, February 28th, 2012

Average interest rates on deposits in January in Armenia compared to the last month reduced by 0.4 p.p. reaching to 8.4%, says the site of CBA.

Volume of foreign currency deposits of households in Armenia in January was 350.3 billion drams

Tuesday, February 28th, 2012

Volume of foreign currency deposits attracted by commercial banks of Armenia in January 2012 was 350.3 billion drams, says the site of CBA.

Armenian commercials banks allocate AMD 109.7 bln total mortgage loans at end-January

Tuesday, February 28th, 2012

Armenian commercials banks allocate AMD 109.7 bln total mortgage loans at end-January.

Armenian banks’ private enterprises lending rises 42.5% to AMD 774 bln at end-2011

Tuesday, February 28th, 2012

Lending to private enterprises made by Armenian banks climbed 42.5 % to nearly 774 billion drams at end-2011 from the same period of a year earlier, according to the banks’ fourth-quarter interim financial statements.