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  • Archive for July 3rd, 2015

    Armeconombank places 1,100,016,000 drams worth ordinary (common) shares

    Friday, July 3rd, 2015

    Armeconombank said today it has placed 1,100,016,000 drams worth ordinary (common) shares of the 12th issue to public subscription

    Credit portfolio of Armenian banks’ branches in Nagorno-Karabakh grow by 17 percent to 88.4 billion drams

    Friday, July 3rd, 2015

    The total credit portfolio of Armenian commercial banks’ branches in Nagorno-Karabakh stood at about 88.4 billion drams as of July 1, having increased by 17.3% year-on-year, NKR Statistical Service said. It said also the growth from the previous month was 0.4%

    First BRICS-promoted New Development Bank's president takes office

    Friday, July 3rd, 2015

    ICICI Bank said earlier this week its non-executive chairman KV Kamath had relinquished his position at the bank to take over as the head of the BRICS-promoted New Development Bank (NDB)

    Areximbank-Gazprombank Group to increase its authorized capital stock by over 4.7 billion drams ($10 million)

    Friday, July 3rd, 2015

    An extraordinary general meeting of shareholders of Areximbank-Gazprombank Group on June 30 decided to increase the bank’s authorized capital stock by over 4.7 billion drams which is the equivalent of $10 million, the bank said in a press release

    VTB Bank (Armenia), Visa and Cosmopolitan Armenia joint campaign winners named

    Friday, July 3rd, 2015

    VTB Bank (Armenia), VISA international payment system and Cosmopolitan Armenia Magazine handed today prizes to the winners of their joint campaign, where all the holders of VTB Cosmopolitan Visa Classic and VTB Cosmopolitan Visa Gold of VTB Bank (Armenia) cards could take part

    Deposits at Armenia’s commercial banks grows 2.4% to AMD 1 801 billion in May

    Friday, July 3rd, 2015

    The total amount of deposits at Armenia’s commercial banks reached AMD 1 801 billion by late May 2015 after growing 2.4% over the month, the National Statistical Service of Armenia reports

    Brazil Antitrust Agency investigating banks for suspected rate manipulation

    Friday, July 3rd, 2015

    Brazil’s antitrust agency is investigating banking giants Citigroup Inc., HSBC Holdings PLC, Deutsche Bank AG and a long list of their peers on suspicion of forming a cartel to manipulate the exchange rate of the Brazilian currency, the real, The Wall Street Journal reports

    Almost 200 Russian banks being liquidated today, Deposit Insurance Agency says

    Friday, July 3rd, 2015

    About 200 Russian banks are currently in the liquidation phase, Deposit Insurance Agency of the Russian Federation told “Rosiyskaya Gazeta”