Armenian Finance Minister Gagik Khachatryan and head of the World Bank Yerevan Office, Jean-Michel Happi, have signed today two loan agreements worth a total of $51.2 million, which will be used to finance educational and social programs
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Archive for May, 2014
Armenia and World Bank sign two loan agreements worth $51.2 million
Friday, May 23rd, 2014Bank VTB (Armenia) offers ‘Credit of Trust’ to its SME clients
Friday, May 23rd, 2014Bank VTB (Armenia) is offering a ‘Credit of Trust’ to its clients running companies in trade, construction and production
Armenian Finance Ministry urging regulator to pursue more flexible and expansionary monetary policy
Thursday, May 22nd, 2014On Thursday, Armenian Finance Minister Gagik Khachatryan, presenting the ministry’s report on the central bank’s 2014 monetary policy at a regular Cabinet session, called on the regulator to pursue a more flexible and expansionary monetary policy
Armenian Central Bank to release its 2nd Q report on inflation
Thursday, May 22nd, 2014The Central Bank of Armenia will release tomorrow its 2nd Q inflation report that also includes the program of its monetary policy, which will be more expansionary, since inflation and economic activity outlooks are lower than before, the regulator’s press office reports
Anelik Bank joins TANDEM Transfer money transfer system
Thursday, May 22nd, 2014Anelik Bank added another money transfer system, TANDEM Transfer, to its list, the bank’s press office reported on Thursday
Possible departure of Visa and MasterCard from Russian market will not affect cardholders in Armenia, VTB Bank (Armenia) says
Wednesday, May 21st, 2014A possible departure of Visa and MasterCard from the Russian market will not affect holders of Visa and MasterCard cards issued by VTB Bank (Armenia), its CEO, Yuri Gusev told a news conference today
VTB Bank (Armenia) doubles retail lending in two years
Wednesday, May 21st, 2014VTB Bank (Armenia) has nearly doubled lending to individual customers over the last two years to 100 billion drams, its CEO, Yuri Gusev, told a news conference today
About 38% of Armbanks.am users prefer American currency - poll
Wednesday, May 21st, 2014About 38 of Armbanks’ (www.armbanks.am) users say US dollar is the most reliable currency, according to the poll conducted on the website
Arthur Javadyan reelected chairman of Armenia’s Central Bank
Tuesday, May 20th, 2014By a vote of 77 against 2 Arthur Javadyan was reelected today by Armenia’s parliament as chairman of the Central Bank
Armenia’s economic activity rose by 3.6% in January-April
Tuesday, May 20th, 2014Armenia’s economic activity index, according to preliminary statistics, rose by 3.6% in January-April this year compared to the same period of 2013, ArmStat reported
