The Austrian Raiffeisen Bank International AG has honored AraratbanK with STP Quality Award for ensuring high-quality remittances through SWIFT remittance system for the second year in a row
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Archive for March 25th, 2015
Raiffeisen bank international AG honors Araratbank with STP quality award for high-quality SWIFT remittances
Wednesday, March 25th, 2015VTB Bank (Armenia) expects its mortgage lending to increase by 10-20% in 2015 to 3 billion drams
Wednesday, March 25th, 2015VTB Bank (Armenia) expects its mortgage lending portfolio to increase by 10-20% in 2015 to about 3 billion drams, the head of the bank’s retail business department Artak Khachatryan told a news conference today. He said last year the bank issued 17.4 billion drams worth mortgage loans
Armenia and China make their first dram-yuan swap deal
Wednesday, March 25th, 2015Armenia and China have made their first swap deal worth 77 billion drams and one billion yuans respectively, the press service of the Central Bank of Armenia said. It said an agreement to that end was signed on Wednesday
VTB Bank (Armenia) retail businesses earn it over one billion drams in net profit in 2014
Wednesday, March 25th, 2015VTB Bank (Armenia) earned over one billion drams in net profit last year from its retail businesses, the bank’s CEO Yuri Gusev, told a news conference today
ADB expects Armenia’s current account deficit of balance of payments to grow to 9.2% of gdp in 2015
Wednesday, March 25th, 2015Armenia’s current account deficit of the balance of payments will increase to 9.2% of GDP in 2015, and drop to 8.3% in 2016, according to the Asian Development Outlook 2015 report, released by the Asian Development Bank (ADB)
Gusev: VTB Bank (Armenia) has invested more than $5 million over three years in improvement of its network of branches
Wednesday, March 25th, 2015VTB Bank (Armenia) has invested more than $5 million over three years in improvement of its network of branches, Yuri Gusev, VTB Bank (Armenia) CEO and head of its directorial board, told journalists on Wednesday
ADB expects inflation in Armenia to grow 4.6% in 2015
Wednesday, March 25th, 2015The Asian Development Bank (ADB) expects inflation in Armenia to grow to 4.6% in 2015 and drop to 4.1% in 2016, says the Asian Development Outlook
