Before the end of the current fiscal year (ending June 2013) Armenia will receive a $35 million loan from the World Bank to improve its health facilities and another $22 -$30 million loan for rehabilitation of irrigation systems, head of the Armenian office of the World Bank, Jean-Michel Happi, said today
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Archive for February 1st, 2013
World bank to provide armenia with $60 million loan to improve health services and irrigation systems
Friday, February 1st, 2013Money stock in Armenia grows 3.7% to over amd 1346.3 billion in December
Friday, February 1st, 2013Money stock in Armenia reached over AMD 1346.3 billion by late December after growing 3.7% since late November, the National Statistical Service of Armenia reports referring to the central bank’s figures
VTB Bank (Armenia) launches internet banking service
Friday, February 1st, 2013The Russian-owned VTB Bank (Armenia) said today it has launched Internet banking service for its individual customers
Monetary base in 2012 December jumps by over 60.1 million drams or 9.4% to 683.8 billion drams
Friday, February 1st, 2013Armenia’s monetary base in 2012 December grew by over 60.1 million drams or 9.4% when compared to November to around 683.8 billion drams, according to the latest numbers released today by the National Statistical Service. It said cash outside the Central Bank totaled nearly 440.1 billion drams, up from 406.3 billion drams as of late November
Armenian banks to shift to basel III in 2014
Friday, February 1st, 2013The transition of Armenian banks to Basel III will start in 2014, the chairman of the Union of Banks of Armenia Ashot Osipyan told a Thursday news conference at Novosti International Press Center
