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  • Archive for July, 2012

    Moody’s downgrades 17 German banks

    Thursday, July 26th, 2012

    Moody’s on Wednesday downgraded the outlook for 17 German banks after a similar move

    BRIC banks' ties with governments to underpin their credit profiles: report

    Wednesday, July 25th, 2012

    Banks in the world’s largest developing economies of Brazil, Russia, India, and China (BRIC) could come under pressure

    Assets of Areximbank-Gazprombank Group jump 20.6% in first 6 month

    Wednesday, July 25th, 2012

    The assets of Areximbank-Gazprombank Group surged by 43.6% or 35.1 billion drams

    Credit portfolio of Areximbank-Gazprombank Group grows to AMD 15.7 bln in first half

    Wednesday, July 25th, 2012

    Credit portfolio of Areximbank-Gazprombank Group climbed by 21.0% to 90.3 billion drams, the bank reported to ARKA on Wednesday

    Combined amount of transactions in USD at Nasdaq Omx Armenia on July 17-21 slashes by a factor of three

    Tuesday, July 24th, 2012

    The combined amount of transactions with buying and selling US Dollars at NASDAQ OMX Armenia

    Armenian commercial banks buy $76.9 million at local foreex market July 17 and 21

    Tuesday, July 24th, 2012

    Armenian commercial banks bought a total of $76.9 million at the local foreign currency market

    Russian parliament chairman says Customs Union open for Armenia

    Tuesday, July 24th, 2012

    Sergey Naryshkin, chairman of the State Duma, the lower house of Russia’s parliament

    Equity capital of Armenia’s banks jumps 4.62% to AMD 387.3 bln in II Q

    Tuesday, July 24th, 2012

    The equity capital of the banks in Armenia grew 4.62% to nearly 387.3 billion drams in the second quarter

    Moody’s downgrades German, Dutch and Luxembourg economic outlook to negative

    Tuesday, July 24th, 2012

    Ratings agency Moody’s has downgraded the economic outlooks in Germany Netherlands and Luxembourg

    Combined liabilities of Armenian banks grow by 8.31% from the beginning of the year to 1.685.8 trillion drams

    Tuesday, July 24th, 2012

    The combined liabilities of 21 Armenian commercial banks as of June 30, 2012 grew by