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    December 2014
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  • Archive for December 5th, 2014

    VTB Bank (Armenia) supports children with disabilities at Charentsavan school

    Friday, December 5th, 2014

    As part of its charitable activities, VTB Bank (Armenia) has presented special desks designed for children with physical disabilities to students of an inclusive group at #6 schools in the town of Charentsavan

    Aggregate loan portfolio of Armenian banks' branches in Nagorno-Karabakh republic amounts to 79502.3 million

    Friday, December 5th, 2014

    Aggregate loan portfolio of Armenian banks’ branches in Nagorno-Karabakh Republic reached AMD 79502.3 million by December 1, 2014 after growing 4.2% over one year and 4.5% over one month, the National Statistical Service of Armenia reports

    IMF confirms disbursement of second EFF tranche

    Friday, December 5th, 2014

    IMF Resident Representative in Armenia Teresa Daban Sanchez has confirmed today the installment of the second tranche under the Extended Fund Facility (EFF)

    Kaladze: Russian economic situation contributed to depreciation of Georgian lari

    Friday, December 5th, 2014

    The main factor that contributed to Georgian lari depreciation and the strengthening of dollar is the current situation in the Russia economy influenced in turn by international sanctions, vice-premier and minister of energy of Georgia Kakhi Kaladze said, as cited by RIA Novosti

    Dram depreciation to affect inflation, but effects manageable – IMF

    Friday, December 5th, 2014

    Armenia’s authorities can use several instruments to make dram depreciation influence on inflation more manageable and to turn the price reductions in global markets into an advantage for the country’s economy, IMF’s resident representative to Armenia Teresa Daban Sanchez said

    EDB initiates a social New Year event for kids in Yerevan

    Friday, December 5th, 2014

    The Eurasian Development Bank (EDB) is planning a New Year event for kids in Yerevan, the bank’s press office reported

    No forex trade in Armenian stock exchange caused by high uncertainty – expert

    Friday, December 5th, 2014

    The current no-forex-trade situation in the Armenian stock exchange is caused by high level of uncertainty that reflects the situation in the Russian foreign exchange market, head of mathematical modeling at the Armenian State University of Economics Professor Ashot Tavadyan said