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    March 2013
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  • Archive for March 14th, 2013

    Midterm government bonds worth 1 billion drams bought out by Armenian finance ministry

    Thursday, March 14th, 2013

    On Thursday, Armenia’s finance ministry bought out AMGN60294166 midterm government bonds worth 1 billion drams, the press office of the Central Bank of Armenia reports

    Armenian Central Bank auctions long-term government bonds worth AMD 4 billion

    Thursday, March 14th, 2013

    On Thursday, the Central Bank of Armenia sold AMGB20172323 long-term government bonds worth 4 billion drams, the regulator’s press office reports

    Armenian credit organizations’ lending to agriculture grows 2.6% to md 30.9 billion in January 2013

    Thursday, March 14th, 2013

    Armenian credit organizations’ lending to agriculture has grown 2.6% since late December 2012 to about AMD 30.9 billion by late January 2013, the Central Bank of Armenia reports in its monthly review

    Rosselkhozbank expects its loan portfolio to grow 15.8 percent this year

    Thursday, March 14th, 2013

    The Russian Agricultural Bank (Rosselkhozbank) that opened its office in Armenia last year, expects its overall loan portfolio to grow this year by 15.8% from the last year to 1 trillion 280 billion rubles. Speaking to reporters in Moscow, its chief executive officer Dmitry Patrushev said last year its loan portfolio grew by 16% to 1 trillion 105 billion rubles, RBC reports

    Armenia’s government set AMD 21.5 mln for subsidized student loans in Q1

    Thursday, March 14th, 2013

    Armenia’s government approved Thursday subsidiary programs within the frames of State education advancement program 2011-2015

    Armenia’s credit organizations invested AMD 113.9 bln in loans late January

    Thursday, March 14th, 2013

    Credit organizations in Armenia invested 113.9 billion drams in loans late January 2013 (not counting the accrued interests), which was 0.4% higher from December, according to the monthly news report of the Central Bank

    Hungary wants to curb foreign banks amid EU democracy clash

    Thursday, March 14th, 2013

    Prime Minister Viktor Orban plans to curb foreign banks’ presence in Hungary, risking a deepening clash with the European Union and lifting the cost of insuring the country’s bonds against default to a five-month high, Bloomberg reported on March 12

    Top profitable banks of Armenia rating 2012

    Thursday, March 14th, 2013

    ARKA agency has released its annual Top Profitable Banks of Armenia rating 2012.