Spain formally requested a bailout for its banks as it negotiated details of the aid, including which European rescue facility would be used for the 100 billion-euro ($125 billion) lifeline
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Archive for June 25th, 2012
Spain formally request EU’S bailout
Monday, June 25th, 2012Surplus earnings of Armenian banks in the first four months slash 20.4%
Monday, June 25th, 2012Surplus earnings of 21 Armenian commercial banks in the first four months of 2012 dropped by 20.4% from a year earlier to 8.2 billion drams, the Central Bank of Armenia reported
Bank VTB (Armenia) launches credit offer "10:0" for small business clients
Monday, June 25th, 2012The Russian-owned Bank (VTB Armenia) has launched a new credit offer called ’10:0’ designed for lending to small businesses, the bank told ARKA
Armenian crediting organizations’ assets up by 1.2 percent in April
Monday, June 25th, 2012Armenia’s crediting organizations’ assets upped by 1.2% in April 2012 from the previous month to a total of 134.8 billion drams, the Central Bank of Armenia said in a report posted on its official website
Austrian Development Bank and BSTDB sign 30 million Euro loan agreement to finance private sector projects in the region
Monday, June 25th, 2012The Austrian Development Bank and the Black Sea Trade and Development Bank (BSTDB) signed on Sunday in Yerevan a loan agreement worth 30 million euros
Armenian Ardshininvestbank to receive $8 mln from BSTDB for mortgage lending
Monday, June 25th, 2012The Black Sea Trade and Development Bank (BSTDB) and Ardshininvestbank signed $8-million credit agreement on Sunday. The money will be directed to mortgage lending
Armenia: Forex market review, June 18-22
Monday, June 25th, 2012Last week the cost of USD at NASDAQ OMX Armenia stock exchange climbed by 1.05% to 419.18 drams as overall weekly trading amounted to $13.34 million
Armenian commercial banks buy nearly $75.8 mln at local forex market last week
Monday, June 25th, 2012Armenian commercial banks bought nearly $75.8 million at the local forex market on June 18-22 at the average exchange rate of 415.63 drams per $1, the Central Bank of Armenia told ARKA
