Yuri Gusev, acting CEO of VTB Bank (Armenia) and the chairman of the bank’s directorial board, speaking Thursday at
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Archive for September, 2012
Borrowers in Armenia increasingly showing favor to national currency
Thursday, September 27th, 2012Armenian cabinet approves 2013 draft budget
Thursday, September 27th, 2012The 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, 2012nly 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, 2012The 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
Anelik Bank’s individual savings deposits grow by 23 percent in 8 months
Wednesday, September 26th, 2012Armenian Anelik Bank said the total amount of its individual savings deposits in the first eight months of this year
National Mortgage Company places corporate bonds at NASDAQ OMX ARMENIA
Tuesday, September 25th, 2012On September 24 the National Mortgage Company Refinancing Credit Organization CJSC (NMC RCO) placed the 3rd issue of
Armenian Central Bank auctions short-term government bonds worth AMD 1.5 billion
Tuesday, September 25th, 2012On Tuesday, the Central Bank of Armenia placed AMGT39256134 short-term government bonds worth 1.5 billion drams, the regulator’s press office reports
Transactions with securities at NASDAQ OMX in August slash by 74 percent
Tuesday, September 25th, 2012The total amount of transactions with securities at NASDAQ OMX Armenia stock exchange in August 2012 slashed by 74 percent from the previous month to nearly 118.9 million drams
Former PM accuses Government of manipulating numbers while presenting 2011 budget execution report
Tuesday, September 25th, 2012A former Armenian prime minister, Hrant Bagratian, now an MP from the oppositional Armenian National Congress (HAK), accused the government of manipulating numbers while presenting a report on 2011 budget execution to the parliament, a semi-weekly 168 Zham (168 hours) says
Mortgage loans amount to 121 billion drams
Tuesday, September 25th, 2012The amount of outstanding mortgage loans of commercial banks in Armenia stood at about 121 billion drams at the end of July, increasing by 1 percent from June
