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  • Archive for April 12th, 2013

    Idle assets of Armenia’s commercial banks hit 5.28% in Feb 2013

    Friday, April 12th, 2013

    The share of idle and written- off assets of Armenia’s residents inched up by 0.95 p.p. in February from January to 5.28%, the Central Bank said Friday

    VTB Bank (Armenia) and VTB Factoring Ltd. made first joint factoring deal

    Friday, April 12th, 2013

    VTB Bank (Armenia) CJSC jointly with VTB Factoring Ltd. made the first factoring deal between Armenia and Russia, the bank reported to ARKA on Friday

    Armenia’s credit organizations allocated AMD 117.3 bln in loans late February

    Friday, April 12th, 2013

    Armenia’s credit organizations distributed 117.3 billion drams in loans as of late February 2013 (disregarding the accrued interest), which was 2.9 percent higher, from January