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  • Archive for November 13th, 2013

    VTB Bank (Armenia) to sue Armenian newspaper for damaging its reputation

    Wednesday, November 13th, 2013

    The Russian-owned VTB Bank (Armenia) has declined a report by a local newspaper Zhoghovurd (People) claiming that the bank owed five-month back wages to workers of Mika Cement plant in central Kotayk province, which it had bought in summer

    ACBA ON-LINE clients have opportunity to pay Ucom telecom’s bills

    Wednesday, November 13th, 2013

    ACBA -CREDIT AGRICOLE BANK said today all the clients of its ACBA ON-LINE service now have the opportunity to pay their bills for Ucom telecom’s services as well as assign orders for monthly payments

    ARKA News Agency releases fresh issue of regular bulletin “Insurance Companies of Armenia”

    Wednesday, November 13th, 2013

    ARKA News Agency has released a fresh issue of its regular bulletin “Insurance Companies of Armenia” for the third quarter of 2013, compiled based on insurance companies’ financial reports

    Three insurance companies paid 9 billion drams in compensation payments for traffic accident damages in ten months

    Wednesday, November 13th, 2013

    Three major Armenian insurance companies paid 68.3% of all compensation payments for damages caused by traffic accidents involving mandatory insured cars in the first ten months of this year, which amounted to around 9 billion drams, the Bureau of Car Insurers said in a statement, posted on its official website

    Armenian banking cards used outside the country to make 5.8 billion drams worth transactions in September

    Wednesday, November 13th, 2013

    The total amount of transactions made by using Armenian banking cards outside the country in September 2013 dropped by 19 percent from the previous month to about 5.8 billion drams, the Central Bank said in its monthly bulletin for September

    Aggregate investments in Armenian government bonds rose by 2.2% to 275.9bln drams in September

    Wednesday, November 13th, 2013

    Aggregate investments in Armenian government bonds grew by 2.2% to 275.9bln drams in September as compared to August, the central bank’s monthly handbook for September says

    EDB’s investments in Armenia’s economy amount to $200mln

    Wednesday, November 13th, 2013

    Investments by the Eurasian Development Bank (EDB) in Armenia’s economy amounted to about $200 million, chairman of EDB Board Igor Finogenov told ARKA