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  • Archive for April 25th, 2012

    Insurance companies pay 2.2 billion drams in compensations in quarter one

    Wednesday, April 25th, 2012

    In the first quarter of 2012 eight insurance companies operating in Armenia paid a total of 2.188.5 billion drams as compensation for damages caused by traffic

    Armenian Development Bank’s outstanding loan portfolio surges by 80 percent in first quarter

    Wednesday, April 25th, 2012

    The Armenian Development Bank (ADB) said its outstanding loan portfolio in the first quarter of 2012 surged by 80% from a year earlier or by 11.7 billion drams

    Armenian banks bought over $85 million at local Forex market on April 16-20

    Wednesday, April 25th, 2012

    Armenia-based commercial banks bought over $85 million at local forex market on April 16-20 at an average exchange rate of 392.03 drams per one USD

    Armenian Development Bank offers new mortgage business loan

    Wednesday, April 25th, 2012

    The Armenian Development Bank (ADB) has announced a new type of loan called “mortgage business loan” designed for corporate and individual customers wishing to purchase real estate to boost their businesses, the bank’s press service told ARKA