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
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Archive for June, 2013
RESO named best health insurance company in Armenia
Friday, June 21st, 2013ACBA-CREDIT AGRICOLE BANK donates 41 million drams to hail-affected farmers in Armavir province
Friday, June 21st, 2013In 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, 2013Eurozone 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, 2013Interbank 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, 2013YEREVAN, 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, 2013Asian 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
Weaker rouble will not benefit Russian economy
Thursday, June 20th, 2013A weaker rouble will not benefit the Russian economy, Deputy Central Bank Chairman Alexei Ulyukayev said on Thursday, when talking to journalists on the sidelines of the St. Petersburg International Economic Forum
Armenia posted 3.6% year-over-year inflation in Jan-May 2013
Thursday, June 20th, 2013Armenia posted 3.6-percent year-over-year inflation in January-May 2013, according to the National Statistical Service of Armenia
Armenia’s commercial banks extended 130.2bln drams in mortgage loans in April
Wednesday, June 19th, 2013Mortgage credits extended by Armenia’s commercial banks totaled about 130.2 billion drams as of the end of April, a reduction of 0.2% compared to March, says the monthly information guidebook of Armenia’s Central Bank for April
New customers deposit US $1.5 million into Armenian banks as EBRD provides financial education
Wednesday, June 19th, 2013More than 5,722 customers have opened a bank account in one of the five Armenian banks participating in the financial training programme launched in the country by the European Bank for Reconstruction and Development (EBRD) in December 2012
