Reserve allocations made by Armenian banks for their increasing lending is one of the reasons behind a 13.6 percent decline in Armenian banking sector’s aggregate profit in the first half of 2014 from the same time span in 2013 to 17.8 billion drams
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Archive for July 22nd, 2014
Aggregate profit of Armenian banks decline by 13.6 percent in first half
Tuesday, July 22nd, 2014ACBA-CREDIT AGRICOLE BANK issues American Express Cashback cards in partnership with American Express
Tuesday, July 22nd, 2014ACBA-CREDIT AGRICOLE BANK said today that in partnership with American Express it has issued American Express Cashback cards for its Armenia-based clients
VTB Bank (Armenia) and Visa Company launch marketing campaign “The Summer with VTB”
Tuesday, July 22nd, 2014VTB Bank (Armenia) and Visa Company have launched an annual marketing campaign “The Summer with VTB”, the bank’s press office reported on Monday
Financial markets too optimistic: Lagarde
Tuesday, July 22nd, 2014IMF head Christine Lagarde has warned financial markets against being too optimistic amid high rates of unemployment and debt in European economies, vestifinance.ru reports
Gold buying price up 1.8 percent in Armenia
Tuesday, July 22nd, 2014The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week. The prices are for one gram of chemically pure metals
USD value grows by 0.22 percentage points to 406.8 dramas – Central Bank
Tuesday, July 22nd, 2014The value of USD against Armenian currency has grown today by 0.22 percentage points from July 18 to 406.84 drams, the Central Bank of Armenia said
