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  • Archive for March 17th, 2015

    Mortgage lending to rise from 10 to 20 percent in 2015 - union of banks of Armenia

    Tuesday, March 17th, 2015

    The chairman of the Union of Banks of Armenia Samvel Chzmachyan predicted today a 10-20% rise in mortgage lending this year, citing the findings of a survey conducted by the union among Armenian commercial banks

    Mortgage lending in 2014 surges by 20% - Union of Banks of Armenia

    Tuesday, March 17th, 2015

    The overall mortgage lending in Armenia in 2014 saw a 20% rise from the previous year to 172.4 billion drams, according to Samvel Chzmachyan, the chairman of the Union of Banks of Armenia

    2014 ranking of biggest profit-gainers among Armenia’s commercial banks

    Tuesday, March 17th, 2015

    ARKA News Agency’s analysis shows that 16 of Armenia’s 21 commercial banks ended the year 2014 with profits. Their aggregate net profit amounted to about AMD 27.1 billion that year showing a 41.34% decline, compared with 2013

    Card transactions hike to 1,274.8 bln in Armenia in 2014

    Tuesday, March 17th, 2015

    Total volume of all card transactions in Armenia amounted to 1,274.8 billion drams in 2014, an increase of 26.2% compared to the year before, the website of the Central Bank of Armenia reports

    EIB plans to invest about 212 million euros in Armenia

    Tuesday, March 17th, 2015

    The European Investment Bank (EIB) is planning to invest about 212 million euros in Armenia for various programs, Vice-President of the bank Wilhelm Morterer told reporters on Monday

    Armenia prepared to discuss public sector and infrastructure programs with EIB – Javadyan

    Tuesday, March 17th, 2015

    Armenia’s government is ready to discuss investment programs in public sector and infrastructures with the European Investment Bank (EIB), chairman of the Central Bank of Armenia (CBA) Artur Javadyan said at his meeting with EIB Vice-President Wilhelm Molterer