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  • Archive for September 27th, 2012

    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

    Borrowers in Armenia increasingly showing favor to national currency

    Thursday, September 27th, 2012

    Yuri Gusev, acting CEO of VTB Bank (Armenia) and the chairman of the bank’s directorial board, speaking Thursday at

    Armenian cabinet approves 2013 draft budget

    Thursday, September 27th, 2012

    The Armenian government has approved today a draft budget for 2013, which calls for 1.059 trillion drams in consolidated revenue and 1.183 trillion drams in spending. The projected budget deficit is 124 billion drams

    Only 3% of Armenia's foreign trade is financed through bank instruments: HSBC Bank Armenia

    Thursday, September 27th, 2012

    nly 3% of Armenia’s foreign trade is financed through bank instruments, according to Artur Petrosyan, head of trade financing department of HSBC Bank Armenia who spoke at a seminar organized by HSBC Trade Academy

    Gold price in Armenia up

    Thursday, September 27th, 2012

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week. The new prices are for one gram of chemically pure metals