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  • Archive for September 13th, 2013

    External debt of Armenia commercial banks and credit organizations in Q 2 dropped d by 1.4 percent to $1.04 billion

    Friday, September 13th, 2013

    The external debt of Armenia-based commercial banks and credit organizations in the second quarter of 2013 dropped by 1.4 percent from the previous quarter to $1.04 billion, according to the Bulletin of the Central Bank of Armenia for the second quarter. It says commercial banks and credit organizations attracted $714.3 million in foreign loans in the reporting period of time and repaid $691.1 million on earlier attracted loans

    Bank financial leasing dropped to 3.8bln drams in Armenia in July

    Friday, September 13th, 2013

    Financial leasing by Armenia’s commercial banks reduced by 1.5% to 3.8 billion drams in July 2013, says the Central Bank of Armenia monthly bulletin for July 2013

    Interbank loans dropped by 27.2% to over 44.3bln drams in Armenia at end July

    Friday, September 13th, 2013

    Interbank loans, including repo transactions, amounted to over 44.3 billion drams as of the end of July 2013, a reduction of 27.2% compared to June, says monthly information bulletin of the Central Bank of Armenia for July 2013

    Asia stocks pause after rally: Marketwatch

    Friday, September 13th, 2013

    Asian stocks achieved strong gains for the week, especially in Southeast Asia, though regional markets were mostly lower on Friday ahead of next week’s key Federal Reserve policy meeting

    EFSE extends 5 mln euros in loan to Armenia’s Inecobank for small businesses

    Friday, September 13th, 2013

    The European Fund for Southeast Europe (EFSE) signed a loan agreement with Armenia’s Inecobank for 5 million euros to strengthen the financial grounds of the banks for supporting micro and small-sized businesses, the bank’s press office reported