The Austrian Development Bank and the Black Sea Trade and Development Bank (BSTDB) signed on Sunday in Yerevan a loan agreement worth 30 million euros
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Archive for June, 2012
Austrian Development Bank and BSTDB sign 30 million Euro loan agreement to finance private sector projects in the region
Monday, June 25th, 2012Armenian 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
Average interest rate on individual deposits in Armenian banks in May was 8.9%
Friday, June 22nd, 2012The average interest rate on individual savings deposits in Armenian banks in May this year was 8.9%, down 0.1 percentage points from April, the Central Bank of Armenia said in a statement posted on its official website
Armenian economy ready to face consequences of possible turmoil at global markets: Finance minister
Friday, June 22nd, 2012The Armenian economy is ready to face the consequences of a possible turmoil at global markets, finance minister Vache Gabrielian said Friday
Armenian Central Bank to put into circulation new banknotes
Friday, June 22nd, 2012The Armenian Central Bank said today it will put into circulation new banknotes on June 25 with face value of 5000, 10,000 and 20, 000 drams
Armenian Armeconombank awarded quality excellence certificate by German Commerzbank AG
Friday, June 22nd, 2012Armenian Armeconombank was awarded a certificate of quality excellence by German Commerzbank AG for faultless handling of international remittances in 2011
Russian government confirms plans to sell stakes in top ten state-owned companies
Friday, June 22nd, 2012The Russian government confirmed its plans to sell the stakes of the top ten state-owned companies in 2012-2013 under orders published on Friday, RIA Novosti reported
Consumer loans provided by 21 commercial banks of Armenia increase by 3.1% in April from March
Friday, June 22nd, 2012The volume of consumer loans provided by 21 commercial banks of Armenia stood at over 10.6 billion drams in late April
