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  • Archive for November 4th, 2015

    Overdue loans in Armenian commercial banks rise against the backdrop of a decline in credit investments

    Wednesday, November 4th, 2015

    Overdue loans in Armenian commercial banks as of late September 2015 rose against the backdrop of a decline in credit investments, according to the National Statistical Service (NSS)

    Converse bank becomes member of securities settlement system of central depository

    Wednesday, November 4th, 2015

    On November 2, 2015 “Converse Bank” CJSC became a member of securities settlement system and thus was granted statuses of depository system account operator and regulated market settlement system member (RMSSM)

    Armenian banks' profitability stricken by adverse outside factors

    Wednesday, November 4th, 2015

    Adverse outside factors have fueled growth of Armenian banks’ lending risks and have stricken at their profitability, the Central Bank of Armenia says in its financial stability report for the first half of this year