YEREVAN, January 30. /ARKA/. The Central Bank of Armenia commented Thursday on a report released yesterday by Reuters about HSBC Bank's intention to reconsider its activity in Armenia. "At their regular meetings, the central bank chairman and HSBC Group managers, have always highly appreciated the presence and involvement of the bank in Armenia's financial system," the regulator's press office says in its news release. "More than that - the bank's activity is assessed in the Republic of Armenia as history of success."

The press office also says that HSBC Bank Armenia has applied to the Central Bank of Armenia to register a new director, who will take office in March.

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Armenian Prime Minister Nikol Pashinyan received Thursday HSBC Bank Executive Director for Europe Christopher Davis, the press office of the Armenian government reports

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On July 4 Armenia’s Central Bank officially notified relevant government agencies that the activity of Financial Trading House (FTH) aka Robert and Sons LLC, runs contrary to the Armenian law

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Armenia’s economic activity index in January-February 2014 grew by 2.4 % when compared with January-February 2013, the National Statistical Service (NSS) said

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Economic activity in Armenia rose 5.5% in November 2012 from a year earlier, according to the National Statistical Service of Armenia

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The share of idle and written off balances of banks assets of Armenia’s residents dropped 0.19 p.p. in October from September to 4.42%, the Central Bank said Monday

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Armenia’s economic activity in January-September 2012 advanced 7.6 percent when compared with the same period last year, the Central Bank of Armenia said following its Board meeting

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YEREVAN, August 2. /ARKA/. Armenia faced a 7.8% economic activity in the first half of this year, Armenian Finance Minister Vache Gabrielyan said at the Cabinet meeting on Thursday. He noted that the highest upturn was reported in industry- 13%, agriculture- 8.1% and service sectors- 12% “Even though the construction sector faced a slump, construction […]

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Armenia’s economic activity index in April 2012, compared with the same month

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The first-quarter assets of Armenian insurance companies jumped 13.4% to 35.7 billion drams as of March 31, according to the report released by the Central Bank of Armenia

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