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  • Archive for December 6th, 2012

    ECB chairman says economic activity to recover in 2013

    Thursday, December 6th, 2012

    The European Central Bank (ECB) on Thursday left its key interest rate unchanged at a record-low 0.75% for a fifth straight month

    Retained profits of commercial organizations in Armenia in ten months grew by 2.25 times to 4.35 billion drams

    Thursday, December 6th, 2012

    The retained profits of commercial organizations in Armenia in the first ten months of 2012 grew by 2.25 times

    HSBC Bank Armenia’s trade financing in ten months surged by 53 percent to 25 billion drams

    Thursday, December 6th, 2012

    The amount of HSBC Bank Armenia’s trade financing in the first ten months of this year surged by 53 percent from a year earlier to 25 billion drams, Aram Pinajyan, head of the Bank’s Commercial Department, told a news conference today

    0.3% deflation recorded in Armenia in 10 months against 4.5% inflation in CIS on whole

    Thursday, December 6th, 2012

    0.3% deflation was recorded in Armenia in January-October 2012, as compared with the same period of the year, against 4.5% inflation in the CIS on the whole

    Over 970 loans worth total of 7bln drams extended under “Affordable dwelling for young families” in Armenia

    Thursday, December 6th, 2012

    Under the “Affordable dwellings for young families” government project, 975 Armenian families have received mortgage loans worth a total of 7bln 320mln drams so far, Armenian minister of finance Vache Gabrielyan said in the parliament Wednesday