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  • Archive for November, 2012

    Visa, MyUS.com open american internet shops’ doors to Armenian buyers

    Wednesday, November 28th, 2012

    Visa Inc. and MyUS.com have established partnership to make Armenian buyers’ shopping in U.S. Internet shops more comfortable, according to a report received by ARKA News Agency

    Funded pension system in Armenia has no alternative- PM

    Wednesday, November 28th, 2012

    Funded pension system in Armenia has no alternative, Armenia’s Prime Minister Tigran Sargsyan said Wednesday

    Central Bank expects economic growth at 5-6% in Armenia in 2013

    Wednesday, November 28th, 2012

    Armenia’s Central Bank has brought an upward revision in its projection of economic growth for 2013 to the range of 5-6%, says the bank’s performance report on monetary and credit policies for Q3, 2012

    Areximbank-Gazprombank Group to increase ATMs number to 100, pos-terminals to 360 in 2013

    Wednesday, November 28th, 2012

    Areximbank-Gazprombank Group CJSC said Wednesday it will increase the total number of its ATMs by 20 from 2011 to 100, and POS-terminals by 60 to 360 in 2013

    Average deposit interest rate grows by 0.5 p.p. up to 8.8% in Armenia in October

    Wednesday, November 28th, 2012

    Average interest rate on bank deposits grew by 0.5 p.p. up to 8.8% in Armenia in October against September, the Central Banks of Armenia reports

    Officers from Russian military base in Armenia receive loans to buy housing in russia

    Tuesday, November 27th, 2012

    More than 20 officers from the 102nd Russian military base in Armenia, included in a special ‘military mortgage’ program designed for army personnel wishing to buy housing received today certificates for obtaining mortgage loans, the press service of the Southern Military District said.

    Deposits to Armenia’s banks up 0.9% to over AMD 1175 bln at end-October

    Tuesday, November 27th, 2012

    Deposits to Armenia’s commercial banks totaled over 1175 billion drams at the end of October, which is 0.9% higher from September, according to the data published on the Central Bank’s official website

    ACBA-CREDIT AGRICOLE BANK launches “Installment on the spot’ service

    Tuesday, November 27th, 2012

    ACBA-CREDIT AGRICOLE BANK CJSC said Tuesday it is launching a new service “Instalment on the spot.”

    Armenian insurers pay compensations to Araratbank against ATM break-in

    Tuesday, November 27th, 2012

    An ATM of Araratbank cracked and 29mln drams (about 71,400 dollars) taken by violators in Giumry had been insured by Armenian insurance companies that have already started paying out compensations against the damage, the press service of the bank reported

    Nearly $76,000 stolen from Armenia’s ATMs in two impudent malefactions

    Monday, November 26th, 2012

    Nearly 76,000 dollars was stolen from ATMs in Armenia’s Shirak region early on Monday as a result of the two impudent malefactions