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    February 2013
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  • Archive for February 5th, 2013

    VTB Bank (Armenia) singled out as top-of-mind brand among Armenian banks

    Tuesday, February 5th, 2013

    VTB Bank (Armenia) has been singled out by the Institute for Political and Sociological Consulting (IPSC) as the most recognizable brand among Armenian banks

    ProCredit bank’s outstanding loan portfolio amounts to more than $82 million in late 2012

    Tuesday, February 5th, 2013

    ProCredit Bank’s outstanding loan portfolio amounted to more than $82 million, and deposits totaled about $38 million in late 2012, the press office of the bank reported on Tuesday

    “SME investments” credit organizations to extend loans worth total of 3bln drams in 2013

    Tuesday, February 5th, 2013

    SME Investments universal credit organization will extend loans to small and medium business worth a total of 3 billion drams in 2013, executive director of the organization Artur Badalyan told journalists Tuesday

    Hayrikyan not to go to constitutional court for vote put-off

    Tuesday, February 5th, 2013

    Candidate for Armenia’s president, leader of National Self-Determination party Paruyr Hayrikyan who had an assassination attempt on him last week, will not be applying to the country’s constitutional court for postponing the elections, advocate of Hayrikyan Levon Baghdasaryan told journalists Tuesday

    SME Investments uco distributed AMD 6.5 bln in 100 loans in Armenia over 3.5 years

    Tuesday, February 5th, 2013

    SME Investments universal credit organization injected 6.5 billion drams in 100 loans to support small and medium-sized enterprises in Armenia over 3.5 years, executive director Artur Badalyan told reporters on Tuesday in Yerevan

    U.S. launches civil action against S&P over pre-crisis ratings

    Tuesday, February 5th, 2013

    The U.S. government has launched a civil lawsuit against Standard & Poor’s and parent The McGraw-Hill Companies Inc over mortgage bond ratings