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  • Archive for February 6th, 2012

    Five Armenian banks own 45.8% of banking sector’s combined assets

    Monday, February 6th, 2012

    In 2011 five largest Armenian banks owned 45.8% or 950.1 billion drams of the banking sector’s combined assets, which on December 31, 2011 stood at about 2.1 trillion drams, rising by 33.6% from a year earlier, according to interim reports of banks for the fourth quarter of 2011.

    Metal market: quotes of gold decreased, and cooper jumped on the background of U.S. macroeconomic statistics

    Monday, February 6th, 2012

    On the first day of trading last week gold has shown a weak downward trend, as investors kept cautious, watching the progress of EU summit in Brussels.

    HSBC Bank Armenia paid in 2011 3 billion drams taxes, 2.5 times higher than in 2010

    Monday, February 6th, 2012

    HSBC Bank Armenia paid in 2011 3 billion drams taxes, 2.5 times higher than in 2010.

    HSBC Bank Armenia is best bank in 2011 by size of profit

    Monday, February 6th, 2012

    Exclusive interview with Astrid Clifford, Chief Executive Officer of HSBC Bank Armenia.

    HSBC Bank Armenia’s liabilities in 2011 grew by 24% to 149 billion drams

    Monday, February 6th, 2012

    HSBC Bank Armenia’s liabilities in 2011 grew by 24% to 149 billion drams

    Talk about collapse of euro zone irrelevant: Hristea

    Monday, February 6th, 2012

    Speculation about the impending collapse of the euro zone economy is not grounded, head of EU delegation to Armenia, Trajan Hristea, said.