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  • Archive for August 2nd, 2012

    Armenia faces 7.8 % economic activity in first half- finance ministry

    Thursday, August 2nd, 2012

    YEREVAN, August 2. /ARKA/. Armenia faced a 7.8% economic activity in the first half of this year, Armenian Finance Minister Vache Gabrielyan said at the Cabinet meeting on Thursday. He noted that the highest upturn was reported in industry- 13%, agriculture- 8.1% and service sectors- 12% “Even though the construction sector faced a slump, construction […]

    Error by knight capital rips through stock market

    Thursday, August 2nd, 2012

    A technology breakdown at a major trading firm roiled the prices of 140 stocks listed on the New York Stock Exchange on Wednesday, undermining fragile investor confidence in the stability of U.S. stock markets, Reuters reports

    EBRD to lend $8 million to Inecobank for financing sme

    Thursday, August 2nd, 2012

    Armenia’s Inecobank has signed another, $8-million loan agreement with European Bank for Reconstruction and Development to onlend this money to micro, small and medium-size companies

    Anelik Bank customer wins trip for two to Greece

    Thursday, August 2nd, 2012

    YEREVAN, August 1. /ARKA /. A customer of Armenian Anelik Bank who had opened a deposit account called ‘Vacation’ has won a trip for two to Greece in a drawing conducted among 329 peers Wednesday at the bank’s head office. The eligible customers were those who had opened no less than 100,000 drams similar deposits […]

    Anelik Bank’s portfolio of individual deposits grows by AMD 4 billion in 1st h 2012

    Thursday, August 2nd, 2012

    Anelik Bank’s portfolio of individual deposits has grown by AMD 4 billion over the first six months to more than AMD 22 billion, and the number of depositors has increased by 13.5%