Loan investments and leasing transactions by Armenia’s credit organizations rose to over 182.3 billion drams in the second quarter, an increase of 17.4% compared to Q2 2013, according to ARKA’s “Credit Organizations of Armenia” bulletin for the second quarter
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Archive for August, 2014
Lending and leasing by Armenia’s credit organizations rise to 182.3bln drams in Q2
Tuesday, August 26th, 2014VTB Bank (Armenia) offers discounted consumer loan
Tuesday, August 26th, 2014VTB Bank (Armenia) is offering its borrowers seen to be good customers in servicing their loans to get another consumer loan with a 1% discount at particular shops, the bank’s press office reported
Central Bank auctions 0.5 billion drams worth short-term government bonds
Monday, August 25th, 2014Armenia’s Central Bank said it has auctioned today 500 million drams worth short-term government bonds of AMGT1324B142 issue with a maturity of 13 weeks
Areximbank-Gazprombank Group joins Ice Bucket Challenge
Monday, August 25th, 2014Ten employees of Yerevan-based Areximbank-Gazprombank Group joined today the Ice Bucket Challenge after buckets with ice water were dumped on them on North Avenue in downtown Yerevan in the presence of many witnesses
Armenian banks’ lending to private enterprises in second quarter increases by 9.9%, ARKA analysis
Monday, August 25th, 2014Lending to private enterprises by Armenian banks in the second quarter of 2014 increased by 9.9% when compared to the same time span of 2013, amounting to over one trillion drams, according to ARKA news agency’s bulletin “Banks of Armenia” for the second quarter of 2014
Nearly $10.6 mln traded at NASDAQ OMX Armenia stock exchange last week
Monday, August 25th, 2014The Central Bank of Armenia said nearly $10.6 million was traded at NASDAQ OMX Armenia stock exchange from August 19 to 23. It stood at $9 million from August 11 to 15, according to the report
Areximbank-Gazprombank Group announces no-chip Visa Gold and MasterCard Gold promotional offer
Monday, August 25th, 2014Areximbank-Gazprombank Group has announced a promotional offer for non-chip Visa Gold and MasterCard Gold, the bank’s press office reported
Armenia’s commercial banks purchase about $83.1 mln at intra-banking forex market last week
Monday, August 25th, 2014Armenian commercial banks purchased about $83.1mln at a weighted average rate of 407.46drams per $1 in intra-banking foreign exchange market on August 19-23, the press service of the Central Bank reported
Armenia’s regulator lowers its 2014 GDP growth Outlook to 3.6-4.2%
Saturday, August 23rd, 2014The Central Bank of Armenia has revised its GDP growth outlook for 2014 lowering it from the previously predicted 4.1-4.8% to 3.6-4.2%, according to the regulator’s inflation report based on its monetary policy for the 3rd Q 2014 and its performance of the 2nd Q 2014 monetary policy
Armenia sees 2.1% deflation in Q2
Saturday, August 23rd, 2014Armenia recorded a 2.1% deflation in the second quarter of this year as compared to 0.2% deflation in Q2 2013, says the Central Bank report on inflation
