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    May 2016
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  • Archive for May 20th, 2016

    Investment in Armenia’s banking sector is promising - Gagik Zakaryan

    Friday, May 20th, 2016

    After its successful IPO in 2015, Unibank has announced an emission of dollar registered coupon bonds as a new and profitable instrument for investment

    Armenia-based insurance companies collect 9.5 billion drams of premiums in three months of 2016

    Friday, May 20th, 2016

    Six Armenia-based insurance companies collected a total of 9.5 billion drams of insurance premiums in the first three months of 2016, a 6.7% year-on-year growth

    Remittances to Armenia drop by 2.5 percent

    Friday, May 20th, 2016

    Remittances to Armenia sent in the first four months of 2016 fell by 2.5% or $10 million from the year before, according to Central Bank chairman Arthur Javadyan

    Armenia’s public debt to GDP ratio reaches 51%

    Friday, May 20th, 2016

    Although the ratio of Armenia’s public debt to GDP has reached 51%, the government is not having problems in servicing the debt

    VTB bank (Armenia) doubles the number of loans

    Friday, May 20th, 2016

    VTB Bank (Armenia) said today the number of loans provided to individuals and small businesses as of March 31, 2016 stood at 54, 800 worth more than 18.7 billion drams

    HSBC Bank Armenia does not intend to leave Armenia

    Friday, May 20th, 2016

    HSBC Bank Armenia has no plans to withdraw from the Armenian market, Central Bank chairman Arthur Javadyan said today