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  • Archive for August 27th, 2012

    HSBC Bank Armenia’s net profit in the first half totaled AMD 3.5 billion

    Monday, August 27th, 2012

    HSBC Bank Armenia said its net profit in the first half of the year totaled AMD 3.5 billion, increasing by AMD 765 million or 28 % as compared to the same period of 2011

    VTB Bank (Armenia) posts highest operating profit for first half

    Monday, August 27th, 2012

    The Russian-owned VTB Bank (Armenia) posted the highest operating profit for the first six months of the year, according to its press release, sent to ARKA

    Areximbank-Gazprombank Group financed travel expenses of syrian armenian children coming to Armenia

    Monday, August 27th, 2012

    Areximbank-Gazprombank Group CJSC said Monday it had financed travel expenses of Syrian Armenian children arriving in Armenia from Syria

    Armenia’s interest rates on deposits slash 0.2 p.p. to 9% in July

    Monday, August 27th, 2012

    An average interest rate on deposits in Armenia slashed 0.2 p.p. to 9% in July from a month earlier, according to the data published on Armenian Central Bank’s website

    Armenia: Forex market review for August 20-24

    Monday, August 27th, 2012

    Last week the U.S. dollar’s average weighted exchange rate at NASDAQ OMX Armenia stock exchange dropped by 0.49% to 409.50 drams with weekly trading amounting to USD 8.65 million

    Moody's upgrades South Korea's rating on strong economic resilience

    Monday, August 27th, 2012

    Moody’s Investors Service on Monday upgraded South Korea’s credit rating, citing a high degree of