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  • Archive for March, 2012

    Share of Bank VTB (Armenia) in individual deposits market enlarged from 8.7% to 9.3% in 2011

    Wednesday, March 28th, 2012

    Bank VTB (Armenia) has upgraded its rank in individual deposit attraction rating by enlarging its share in this segment of market from 8.7% to 9.3% in 2011.

    Loan portfolio of VTB Bank (Armenia) increased by 41.8% last year to 122.7 billion drams

    Wednesday, March 28th, 2012

    The loan portfolio of Russian-owned VTB Bank (Armenia) in 2011 surged by 41.8% to 122.7 billion drams, the Bank told ARKA today

    Auto lending by Armenian banks tumbles 3.2% to AMD 17.3 bln

    Wednesday, March 28th, 2012

    Commercial banks of Armenia allocated nearly 17.3 billion drams

    External debts of Armenian commercial banks and credit organizations in q4 2011 soars by 10.2% to $855.9 million

    Wednesday, March 28th, 2012

    The overall external debt of Armenian commercial banks and credit organizations

    Deposits at armenian banks grow 40.6% to AMD 1011.2 billion

    Tuesday, March 27th, 2012

    Deposits at Armenian banks totaled about AMD 1011.2 billion

    IFC plans to make multimillion investments in energy saving sphere in Armenia

    Tuesday, March 27th, 2012

    International Financial Corporation (IFC) plans to invest

    BYBLOS BANK ARMENIA to get $10 mln from IFC for expanding mortgage lending and housing energy efficiency

    Tuesday, March 27th, 2012

    The International Finance Corporation (IFC) and Byblos Bank Armenia

    CENTRAL BANK to auction one billion drams worth short-term government bonds

    Monday, March 26th, 2012

    The Central Bank of Armenia said on March 29 it will auction

    Armenian banks sold more foreign exchange than bought on March 19-24

    Monday, March 26th, 2012

    Armenian banks sold about $107 million at the local forex market

    Armbusinessbank to create in-house processing center

    Monday, March 26th, 2012

    Armenian Armbusinessbank said it has chosen BPC Banking Technologies, the leading provider of Open System e-payment solutions for the global financial industry, to implement its award winning e-payments solution SmartVista to build an in-house processing center.