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    June 2012
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  • Archive for June 27th, 2012

    Germany inflation slows to 1.7 percent in June

    Wednesday, June 27th, 2012

    Inflation in Germany, Europe’s biggest economy, slowed to 1.7 percent in June, the lowest level for 18 months, owing to falling fuel prices, RIA Novosti reported citing preliminary data on Wednesday

    Half of BSTDB investments in Armenia channeled into real economy: President

    Wednesday, June 27th, 2012

    Unlike in other South Caucasus countries, the portfolio of Black Sea Trade and Development Bank in Armenia is quite diversified

    Armenia’s CB to auction short-term government bonds valued at AMD 3.5 bln in July

    Wednesday, June 27th, 2012

    Armenia’s Central Bank said Wednesday it is planning to auction short-term treasury bonds valued at total 3.5 billion drams in July.

    BSTDB president commends Armenian authorities for improving investment climate

    Wednesday, June 27th, 2012

    Black Sea Trade and Development Bank (BSTDB) president Andrei Kondakov, praised Armenian authorities for ‘significant improvement of investment climate over the past ten years

    Interest rates on short term dram loans shrink by 0.3 p.p. to 16.9% in May

    Wednesday, June 27th, 2012

    The average interest rate on short-term loans in Armenian drams dropped by 0.3 percentage points to 16.9%, % this May from a year earlier, the website of the Central Bank of Armenia says

    Armenia’s trade lending hits over amd 318 bln or 23.2% of credit portfolio in May

    Wednesday, June 27th, 2012

    Armenian commercial banks’ lending of trade made up 23.2% of the total lending to the residents( in economic sectors) in May, according to the data published on the website of Armenian Central Bank

    Dollarization of deposits- 68,8%, credits- 63,4% in Armenian banks- Newspaper

    Wednesday, June 27th, 2012

    Dollarization of banking deposits in Armenia climbed by 0.5 p.p. to 68.8%, and of credits- by 0.7 p.p. to 63.4%, Orakarg newspaper (Agenda) reports on Wednesday