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  • Archive for November, 2013

    Survey: over 60% of Armenian citizens trust banks

    Friday, November 29th, 2013

    Some 64% of Armenian citizens trust banks, the Armenian Marketing Association, Gallup International Association’s office in Armenia, said after surveying 1067 people in Yerevan and provinces

    Armenia’s monetary base shrinks 0.5% to AMD 719.1 billion in October

    Friday, November 29th, 2013

    Armenia’s monetary base contracted by 0.5% in October, compared with September, to about AMD 719.1 billion, the National Statistical Service reported today referring to the central bank’s preliminary figures

    Anelik Bank to offer new type of agriculture lending

    Friday, November 29th, 2013

    Armenia-based Anelik Bank said beginning from December 2 it will offer a new type of lending designed for large, small and medium-sized agribusinesses

    Armenia’s total public debt drops by 9.2 percent in October to $4/6 billion

    Friday, November 29th, 2013

    Armenia’s total public debt dropped to $4.564.1 billion on October 31, down 9.2% or $466.3 million from the previous month, according to the National Statistical Service (NSS)

    Inflation at 0.9% in Armenia in November

    Friday, November 29th, 2013

    Inflation was 0.9% on Armenia’s consumer market in November against October, ArmStat reported

    Areximbank-Gazprombank Group almost halves HABIB BANK LTD cheque cost

    Friday, November 29th, 2013

    Areximbank-Gazprombank Group has almost halved the tariff for cheques issued by Habib Bank LTD (Uinted Arab Emirates) from December 1 2013 till January 31 2014, the bank’s press office reported

    Armenian Central Bank head off to Moscow for CIS interstate bank meeting

    Thursday, November 28th, 2013

    Head of Armenia’s Central Bank, Arthur Javadyan, has left today for Moscow to attend a regular session of the CIS Interstate Bank’s Council

    Armenia’s Central Bank registers export insuring agency

    Thursday, November 28th, 2013

    The Central Bank of Armenia said today it has registered an insurance company called CJSC Export Insuring Agency. The Central Bank granted the company a license for “credit insurance.”

    Armenian banks’ lending to private companies shrinks 4.3% in 3rd Q 2013 to AMD 921.1 billion

    Thursday, November 28th, 2013

    Armenian banks reduced their lending to private companies by 4.3% in the third quarter of this year, compared with the previous quarter, to AMD 921.1 billion

    American Express cards celebrate three years of presence in Armenia

    Thursday, November 28th, 2013

    “Three years ago ACBA-CREDIT AGRICOLE BANK in partnership with American Express ® Gold issued the first American Express ® Gold cards in Armenia, making the services of this 150 year-old company available also to clients in Armenia,’ ACBA- CREDIT AGRICOLE BANK said today in a press release on the occasion of the three- year presence of American Express in Armenia