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  • Archive for March, 2013

    First “Academy of Trade Financing” seminar held by HSBC Bank Armenia and Gortsk

    Thursday, March 28th, 2013

    A seminar, Academy of Trade Financing, was held in Yerevan by HSBC Bank Armenia and GORTSK legal information organization

    "Trade Finance Academy" seminar of HSBC first held in Yerevan

    Thursday, March 28th, 2013

    Moody's lowers Cyprus's country ceilings to Caa2

    Thursday, March 28th, 2013

    Moody’s Investors Service announced yesterday that it has lowered Cyprus’s country ceilings to Caa2, RBC reported

    Coinstar Money Transfer System opened in Areximbank – Gazprombank Group

    Thursday, March 28th, 2013

    Areximbank – Gazprombank Group closed joint stock company started effecting international money transfers through Coinstar Money Transfer (Great Britain), the bank’s press service reported

    Russian ministry of finance to introduce financial ombudsman bill to government

    Wednesday, March 27th, 2013

    Russian ministry of finance is considering submitting a financial ombudsman bill to the government by the end of April, head of insurance regulation policy department of the ministry Dmitry Nikulshin said

    Armenian banks’ lending to resident economy upped 1.7% to over AMD 1 551,7bln in Feb

    Wednesday, March 27th, 2013

    Lending to Armenia’s resident economy by the commercial banks rose 1.7% in February from January to 1 551,7 billion drams, according to the data published on Central Bank’s website

    Bank of Cyprus rejects chairman's resignation

    Wednesday, March 27th, 2013

    he Bank of Cyprus has refused to accept the resignation of its chairman and four other board members as the island state continues to be gripped by confusion over its 10 billion-euro bailout

    Armenia’s household deposits in foreign currency total 458.8bln drams by end February

    Wednesday, March 27th, 2013

    Household deposits in foreign currency totaled 458.8bln drams by the end of February, an increase of 1.6% compared to the end of January level, Armenia’s central bank reported

    Money supply in Armenia grows 2% exceeding AMD 1346.9 billion in late February 2013

    Tuesday, March 26th, 2013

    Money supply in Armenia amounted to more than AMD 1346.9 billion in late February 2013 after growing 2% over the month

    Armenia’s monetary base upped 3.6% to AMD 679.5bln in February

    Tuesday, March 26th, 2013

    Armenia’s monetary base rose by 23.6 million drams or 3.6% to about 679.5 bln drams in February 2013, compared to January 2013