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  • Archive for June, 2015

    Araratbank to pay no dividends for 2014 to shareholders

    Tuesday, June 30th, 2015

    Araratbank will pay no dividends for 2014 to shareholders

    Araratbank earned 2.8 billion drams in net profit last year

    Tuesday, June 30th, 2015

    In 2014 Araratbank earned 2.8 billion drams in net profit, the bank’s deputy board chairman David Harutyunyan told today the bank’s annual meeting

    Anelik bank personnel joins Donate Blood- Save Life campaign

    Tuesday, June 30th, 2015

    Joining the campaign Donate Blood –Save Life Anelik Bank personnel led by board chairman Nerses Karamanukyan visited the Hematology Center in Yerevan today to donate blood for children suffering from leukemia

    Inflation in Armenia to be close to ceiling of projected range - 2.5-5.5% in 2015

    Monday, June 29th, 2015

    In the context of limited influence of monetary influence and the lowering prices for energy resources, the annual inflation in Armenia will fluctuate close to the ceiling of the projected range – 2.5-5.5% in 2015

    VTB Bank (Armenia) cardholders can automatically check their card account balance

    Monday, June 29th, 2015

    VTB Bank (Armenia) has expanded the list of its remote services offering now its clients the opportunity to automatically check the status of their card accounts

    Armenian banks should attract more financial resources from outside sources

    Monday, June 29th, 2015

    Taking into account high interest rates on deposits, Armenian banks should attract more financial resources from outside sources, Samvel Chzmachyan, chairman of the Union of Banks of Armenia, told ARKA News Agency

    Nearly $19.58 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, June 29th, 2015

    The Central Bank of Armenia said nearly $19.58 mln was traded at NASDAQ OMX Armenia stock exchange from June 22 to 26, 2015

    Armenia’s commercial banks purchase about $67.9 mln at intra-banking forex market last week

    Monday, June 29th, 2015

    Armenian commercial banks purchased about $67.9 mln at a weighted average rate of 472.06 drams per $1 in intra-banking foreign exchange market on June 22 to 26, the press service of the Central Bank reported

    Situation in Armenia’s banking sector to improve before end of this year – Araratbank head

    Monday, June 29th, 2015

    Things in Armenia’s banking sector will improve before the end of this year, Ashot Osipyan, chairman of Araratbank’s board, told ARKA News Agency on Monday

    Araratbank intends to acquire bank or stock package of bank

    Friday, June 26th, 2015

    Araratbank intends to acquire a bank or a stock package of a bank, Ashot Osipyan, chairman of the bank’s board, said Friday at Araratbank’s annual assembly