The total liabilities of Armenian banks climbed by 12.83% to 1,902.1 billion drams as of 31 September 2012 from earlier this year
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Archive for October, 2012
3Q total liabilities of Armenia’s banks grow 12.83% to AMD 1,902.1 bln
Wednesday, October 24th, 2012Bank VTB (Armenia) files involuntary bankruptcy against parliament member
Wednesday, October 24th, 2012Bank VTB (Armenia) filed an involuntary bankruptcy against an Armenian parliament member, the bank’s press service reported Wednesday
Aggregate assets of Armenian banking system grow 11.71% to 2,296.7 bln drams by end September
Wednesday, October 24th, 2012Aggregate assets of Armenian banking system grew by 11.71% in the 3rd quarter of 2012 and totaled 2,296.7 billion drams by the end of September
IMF to grant Armenia $42 mln in soft loan to trim deficit
Wednesday, October 24th, 2012The International Monetary Fund (IMF) will allocate 27mln SDR (about 42mln USD) additional funds to
Armenia’s Ameriabank intends to enlarge its loan portfolio to AMD 180 billion this year
Tuesday, October 23rd, 2012Ameriabank intends to enlarge its loan portfolio to AMD 180 billion this year, Gevorg Tarumyan, financial director of the bank, said
Armenia’s banking system to grow 18-22% over 3-5 years- expert
Tuesday, October 23rd, 2012Armenia’s banking system is to see a 18-22% growth over the next 3-5 years, Development Director of Ameriabank Tigran Jrbashyan said Tuesday
Armenia’s Central Bank may revise key rate downward: Tigran Jrbashyan says
Tuesday, October 23rd, 2012Armenia’s Central Bank may revise its key refinancing rate (downward) depending on the scale of external risks
Armenia’s progress in Doing Business ranking is the best throughout its history
Tuesday, October 23rd, 2012The progress, which Armenia has made in the Doing Business ranking, is one of the best throughout its history
Deposit interest rates in Armenia dive 0.4 P.P. to 8.3% in Sept
Tuesday, October 23rd, 2012Armenia’s residents could open bank deposits at 8.3% average interest rate in September, which was 0.4 p.p. lower from August, according to the report of Armenian Central Bank
Armenia climbs 18 places in «Doing Business» ranking
Tuesday, October 23rd, 2012Armenia has moved 18 places up in the annual ranking «Doing Business – 2013» of the World Bank (WB) and the International Financial Corporation (IFC), and is now the 32nd in the ratings (the 50th the year before)
