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  • Archive for October, 2015

    ACBA-CREDIT AGRICOLE BANK contributes to restoration of Jukhtavank Monastery's doors

    Thursday, October 22nd, 2015

    All-Armenian Youth Movement NGO, with Tavush Diocese Bishop Bagrat Galsyan’s blessing and support from ACBA-CREDIT AGRICOLE BANK has initiated restoration of Jukhtavank Monastery Complex’s doors, the bank reported Thursday in its news release

    Eurasian Development Bank head refrains from making quick forecasts

    Thursday, October 22nd, 2015

    The Eurasian Development Bank Governor Dmitry Pankin, said in an exclusive interview with ARKA News Agency that he would like not to be quick in forecasting GDP growth in Armenia

    Eurasian Development Bank's strategic objective is to build up its loan portfolio - Pankin

    Thursday, October 22nd, 2015

    The Eurasian Development Bank’s strategic objective is to build up its loan portfolio, Dmitry Pankin, the bank governor, said in an exclusive interview with ARKA News Agency

    Armenian banks’ capital on the rise

    Thursday, October 22nd, 2015

    In the first 9 months of 2015 the total capital of Armenian banks increased by 7.2% to 511.3 billion drams, while their assets decreased by 2.1% to 3.318.3 trillion drams, according to ARKA news agency’s financial and economic bulletin “Banks of Armenia.”

    EADB to provide first $100 million tranche of $300 million stabilization loan to Armenia in December

    Thursday, October 22nd, 2015

    The Eurasian Development Bank (EADB) is very likely to provide the first $100 million tranche of a $300 million stabilization loan to Armenia before the end of this year, Dmitry Pankin

    Armenian banks see their net profit for 9 months slash by 53 percent

    Thursday, October 22nd, 2015

    In the first nine months of 2015 Armenian commercial banks saw their net profits slash by 53.3% year-on-year – from about 13.130 billion drams to about 8.130 billion drams, according to ARKA news agency’s financial and economic bulletin “Banks of Armenia” (performance of Armenian banks in the third quarter of 2015)

    VTB Bank (Armenia) offers loans not secured by property

    Wednesday, October 21st, 2015

    VTB Bank (Armenia) has started providing loans not secured by property

    Armenian National Assembly committees to open 2016 draft budget discussion on November 2

    Wednesday, October 21st, 2015

    The Armenian National Assembly committees are to open the 2016 draft budget discussion on November 2, the press office of the National Assembly reported on Wednesday

    EFSD to take decision next week on Armenia’s request for $300 million loan

    Wednesday, October 21st, 2015

    The Eurasian Fund for Stabilization and Development (EFSD) Board is very likely to take a decision next week on Armenia’s request for a $300 million loan, Dmitry Pankin, chairman of the Management Board of the Eurasian Development Bank, told Tass

    Armenia’s nine-month inflation is 4.7%

    Tuesday, October 20th, 2015

    Consumer prices in Armenia in the first nine months of 2015 grew by 4.7% year-on-year, according to the latest numbers, released today by the National Statistical Service (NSS). It said also that the 12-month inflation in 2015 September was 3.3%