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    June 2013
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  • Archive for June 21st, 2013

    ANELIK BANK BOOM ENERGY VISA CLASSIC card holder wins four-person trip to black sea resort

    Friday, June 21st, 2013

    Anelik Bank has raffled off a four-person trip to Batumi, one of Black Sea resorts, the bank’s press office told ARKA News Agency

    RESO named best health insurance company in Armenia

    Friday, June 21st, 2013

    RESO was recognized as the best health insuring company in Armenia at a special ‘Star of Hope 2013’ national award ceremony yesterday, the company told ARKA in a press release. The prize was awarded by the head of external relations department and press officer of the Office of the Defender of Human Rights

    ACBA-CREDIT AGRICOLE BANK donates 41 million drams to hail-affected farmers in Armavir province

    Friday, June 21st, 2013

    In order to assist thousands of farmers in Armenia’s Armavir province whose crops were destroyed by a powerful hailstorm on May 12 the ACBA-CREDIT AGRICOLE BANK has donated 41 million drams to a special fund set up by the government as part of its efforts to repair the devastation caused to the region’s agriculture

    Eurogroup sets guidelines for direct bank recapitalisation: WSJ

    Friday, June 21st, 2013

    Eurozone Finance and Economic Ministers have agreed on guidelines for how the European Stability Mechanism (ESM) could directly recapitalise banks in trouble

    Interbank loans in Armenia downed 13.7% to over AMD 44.2 bln late April

    Friday, June 21st, 2013

    Interbank loans in Armenia totaled in over 44.2 billion drams as of late April, which was 13.7% lower from March, the Central Bank said in its newsletter

    Lending to investment companies hit AMD 21.4bln in Armenia in April

    Friday, June 21st, 2013

    YEREVAN, June 21./ARKA/. Lending to investment companies by the commercial banks of Armenia fell by 0.9% in April from March hitting 21.4 billion drams, the Central Bank said in its newsletter. Lending in Armenian drams rose by 1% in April month over month to nearly 18.7 billion drams, whereas loans in foreign currencies downed by […]

    Asian stocks drop after U.S. selloff, but off lows: Marketwatch

    Friday, June 21st, 2013

    Asian stocks fell Friday after the Federal Reserve’s plans to gradually wind down its bond purchases led to heavy losses on Wall Street, but Chinese shares recovered from their sharp initial declines as Shanghai interbank rates reportedly came off their highs