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Daily Archives: Jul 2, 2013

Armenian commercial banks’ overdue loan portfolio grows 24.8% to AMD 21.3 billion in May

Armenian commercial banks’ overdue loan portfolio made up 1.28% of their aggregate loan portfolio and amounted to AMD 21.3 billion in late May 2013 after growing of the after growing 24.8% over the month, the National Statistical Service of Armenia reports

IMF approves last $84-mln tranche under EFF/ECF

The Executive Board of the International Monetary Fund (IMF) today completed the sixth and final review of Armenia’s economic performance under a program supported by Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements

Transactions at NASDAQ OMX Armenia valued at AMD 1.7bln, 15.7% growth

The total volume of transactions at NASDAQ OMX Armenia rose by 15.7% in the first quarter 2013 year over year to over 1. 7 billion drams, according to the National Statistical Service of Armenia

Vatican bank director and deputy resign amid scandal

The director and deputy director of the Vatican bank have resigned following the arrest of a senior Italian cleric over corruption and fraud allegations, BBC reported