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    February 2013
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  • Archive for February 13th, 2013

    IFC helps Armenian Bank enhance financial services for smaller enterprises

    Wednesday, February 13th, 2013

    IFC, a member of the World Bank Group, is helping Armenia’s ACBA-CREDIT AGRICOLE BANK expand financial services to small and medium enterprises

    ACBA ON-LINE users to open deposit- secured credit lines and repay loans via “Installment on spot”

    Wednesday, February 13th, 2013

    ACBA ON-LINE users don’t have to visit the bank now to open a deposit -secured credit line

    “Express” student loans borrowers get new offers from Anelik bank

    Wednesday, February 13th, 2013

    Armenia-based Anelik Bank announced Wednesday on new advantages for Express student loans borrowers

    Total liabilities of Armenia’s CB hit $730.9 mln in December

    Wednesday, February 13th, 2013

    Armenian Central Bank (CB) said its aggregate liabilities dropped by 3.1% in December 2012 from the same month a year earlier to $730.9 million

    ARKA releases its regular “Banks of Armenia” bulletin Q4 2012

    Wednesday, February 13th, 2013

    ARKA news agency has released a regular quarterly issue of “Banks of Armenia” bulletin for Q4 2012. The bulletin is compiled based on published financial statements and reports of banks, as well as on additional information provided by the banks

    Private transfers to Armenia surge 9.1% to $1,7 bln last year

    Wednesday, February 13th, 2013

    Over $1.7 billion was transferred in non-commercial remittances to individuals in Armenia in 2012, which was 9.1% higher from a year earlier, the Central Bank said Wednesday

    Retained earnings of Armenian credit organizations up 1.7 times to AMD 4,8 bln in 2012

    Wednesday, February 13th, 2013

    Retained earnings of Armenian credit organizations climbed 1.7 times in 2012 from a year earlier to over 4.8 billion drams versus 2.8 billion drams, says the review of the Central Bank of Armenia (CBA) on credit organizations for Q4 2012

    US stocks up as investors await Obama's big speech

    Wednesday, February 13th, 2013

    US stocks closed modestly higher overnight, putting the Dow within striking distance of an all-time high, as investors looked ahead to President Barack Obama’s State of the Union address

    Areximbank-Gazprombank Group to increase its loan portfolio to 105.2bln drams in 2013

    Wednesday, February 13th, 2013

    Areximbank-Gazprombank Group closed joint stock company is planning to increase its loan portfolio up to 105.2bln drams in 2013, the bank’s press service told ARKA Agency