Archives by Month:


  • Calendar

    March 2014
    M T W T F S S
  • Archive for March 21st, 2014

    Ukraine’s debt to Russia stands at $16 billion- Medvedev

    Friday, March 21st, 2014

    An agreement, under which Russia granted Kiev a discount of U.S. $100 per 1,000 cubic meters of natural gas, must be denounced and Ukraine must pay Moscow $11 billion which it lost on the price reduction, Prime Minister Dmitry Medvedev told President Vladimir Putin on Friday, Prime reports

    Fitch ratings keeps its AAA rating on U.S. debt saying outlook is stable

    Friday, March 21st, 2014

    Fitch Ratings kept its AAA rating on U.S. debt and said the outlook for that rating is stable. The announcement stood in contrast to the change in its rating for Russia, which it reported had received a negative outlook, down from stable, on its BBB rating, Prime reported

    Anelik Bank’s total deposits surge by almost 30 percent in 12 months to 33 billion drams

    Friday, March 21st, 2014

    Armenia-based Anelik Bank said today that on March 1 it had a total of 33.1 billion drams worth deposits, a 28.8% increase if compared to March 1, 2013. Of that amount 27 billion drams were individual deposits, an increase of 14.8% from the year before

    Russia’s credit outlook cut by Fitch Ratings

    Friday, March 21st, 2014

    Russia’s credit rating outlook was cut to negative from stable by Fitch Ratings, citing the potential impact on a slowing economy of Western sanctions imposed after its annexation of Ukraine’s Crimea region

    VTB Bank (Armenia) raises its equity to 20.8 billion drams

    Friday, March 21st, 2014

    VTB Bank (Armenia) has raised its authorized capital to 20.8 billion drams after buying the entire issue of additional shares worth 7 billion drams, the Russian-owned bank said in a news release