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  • Archive for September 14th, 2012

    VTB Bank (Armenia) opens renovated Shahumian branch

    Friday, September 14th, 2012

    The Russian-owned VTB Bank (Armenia) has inaugurated today the renovated Shahumian branch in Malatia-Sebastia administrative district of Yerevan

    Armenian banks’ lending surges by 16 percent in the first half to almost 1.6 trillion drams

    Friday, September 14th, 2012

    Speaking at a news conference, Ashot Osipyan, the chairman of the Union of Armenian Banks, said Armenia-based banks’ lending surged by 16 percent in the first half

    Chairman of Anelik Bank’s board awarded Armenian Emergency Ministry’s medal for preventing emergency situations

    Friday, September 14th, 2012

    Samvel Chzmachyan, chairman of Anelik Bank’s board has been awarded Armenian Emergency Ministry’s medal for preventing emergency situations in 2012

    VTB Bank (Armenia) lends about $5 million to Amicus company

    Friday, September 14th, 2012

    VTB Bank (Armenia) has lent about $5 million to Amicus company, the bank’s press office reported on Friday

    Armenian banks capable of managing currency risks- Armenia’s Union of Banks Head

    Friday, September 14th, 2012

    Armenian banks are capable of managing their currency risks appropriately, Chairman of Armenia’s Union of Banks Ashot Osipyan told journalists on Friday.

    Armenia’s union of banks head says consolidation of banks is possible in Armenia

    Friday, September 14th, 2012

    Chairman of Armenia’s Union of Banks Ashot Osipyansaid Friday there can be consolidation in Armenia’s banking sector

    Situation around exchange rate in Armenia is stable- union of banks

    Friday, September 14th, 2012

    Chairman of Armenia’s Union of Banks Ashot Osipyan said the situation around the exchange rate in Armenia is stable

    U.S. Federal Reserve bank to spend $40 billion a month to boost U.S. economy

    Friday, September 14th, 2012

    The U.S. Federal Reserve is taking the unusual step of promising to spend $40 billion a month to buy mortgaged-back securities for as long as it takes to see substantial improvement in the jobs market, Thespec.com portal reports