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  • Archive for November 9th, 2017

    Armenian banks increase their reserves for possible loan losses by 17.7% to 177.3 billion drams

    Thursday, November 9th, 2017

    Armenian banks increased their reserves for possible loan losses by 17.7% in the first 9 months of 2017 to 177.3 billion drams, according to ARKA news agency’s bulletin ‘Banks of Armenia” for the third quarter of 2017

    Kamurj joins government program on subsidized loans

    Thursday, November 9th, 2017

    The Kamurj credit organization has joined an Armenian government’s program designed to provide subsidized agricultural loans, the ministry of agriculture said