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  • Archive for September, 2012

    HSBC CEO Thies Clemenz appointed NASDAQ OMX ARMENIA Supervisory Board Member

    Saturday, September 29th, 2012

    Mr. Thies Clemenz was appointed as NASDAQ OMX Armenia Supervisory Board Member, HSBC bank Armenia said

    Anelik Bank intends to increase number of active plastic cards to 50,000 by end of this year

    Saturday, September 29th, 2012

    Anelik Bank intends to increase the number of active plastic cards to 50,000, and POS terminals to 600 by the end of this year

    Grant Thornton to carry out the audit of financial statements of Central Bank of Armenia for 2012.

    Saturday, September 29th, 2012

    Grant Thornton CJSC said in a press release will carry out the audit of financial statements of the year 2012 of the Central Bank of Republic of Armenia

    More than half of Armenian banks forecast 2.5 - 5.5% inflation

    Saturday, September 29th, 2012

    According to the findings of a survey of Armenian commercial banks, conducted in the second quarter of 2012 by the Central Bank to find out their forecasts about the 12 month inflation, more than 57% of banks predict a 2.5% -5.5% annual inflation

    Armenia’s gross international reserves as of late August increase by $6.6 million to $1. 725.8 billion

    Saturday, September 29th, 2012

    YEREVAN, September 29. / ARKA /. Armenia’s gross international reserves as of late August increased by $6.6 million or 0.4 percent from the previous month to $1. 725.8 billion, according to a Central Bank of Armenia statement. It said the bulk of the reserves – $1.668.9 billion- were in convertible currency. The Central Bank also […]

    Consumer loans rise in July by 1.6 percent to 264.6 billion drams

    Friday, September 28th, 2012

    The total amount of outstanding consumer loans in July increased by 1.6% to 264.6 billion drams

    Mikhail Zadornov: pos-lending portfolio of VTB Bank (Armenia) amounts to more than 57 million rubles

    Thursday, September 27th, 2012

    Mikhail Zadornov, VTB24 bank president and chairman of the bank’s board, speaking Thursday at a televised conference

    Central Bank registers two branches of Rosgosstrakh Armenia insurance company

    Thursday, September 27th, 2012

    The Central Bank of Armenia governor, Arthur Javadyan, ordered to register two new branches of Rosgosstrakh Armenia insurance company

    VTB Bank (Armenia) expects $10 million in profits this year

    Thursday, September 27th, 2012

    VTB Bank (Armenia) expects its share of retail lending to grow to 20% from the current 14 percent

    Zadornov: VTB Bank (Armenia) holds 15% at CIS retail lending market

    Thursday, September 27th, 2012

    VTB Bank (Armenia) holds 15% at CIS and Georgia’s retail lending market, Mikhail Zadornov, VTB24 bank president and chairman of the bank’s board