Some 23.4% of all loans in 2011 went to finance trade transactions
25.01.2012

YEREVAN, January 25. /ARKA/. Some 23.4% of all loans provided by Armenian banks to resident customers in 2011 (over 272 billion drams) went to finance trade transactions, according to a statement, posted on the official website of the Central Bank. The figure represents a 4.5% increase from 2010 November.
The second largest portion of lending – 23.3%- went to the industrial sector. In terms of money it amounted to 271 billion drams.
About 18% were allocated as consumer credits (over 206 billion drams), some 9.3% or 108 billion drams were mortgage loans, 7.8% or about 91 billion drams were channeled into the construction sector, 5.9% or 69 billion went to agriculture and 4.7% or 54.3 billion drams were provided to transport and communications sector. ($1 – 387.69 drams). -0-
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HSBC recognized the best global trade finance bank 2011
09.12.2011

HSBC was recognized as “The Best Global Trade Finance Bank” for the forth year in a row by Global Trade Review (GTR) magazine, the bank’s press office told ARKA. It said in GTR’s annual “Leaders in Trade 2011” readers’ poll HSBC also won the “Best Global Export Finance Bank” award, thus becoming the first bank to win both awards in one year.
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Central bank governor says Armenian financial system stable and reliable
23.11.2011

Armenian Central Bank governor, Artur Javadyan, described today the country’s financial system as well-established and stable.
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Armenian Finance Ministry does not forecast the second wave of crisis in the country
19.09.2011

Armenian Finance Ministry does not forecast the second wave of crisis in the country, said Finance Minister Vache Gabrielyan.
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Office of financial ombudsman in Armenia during 8 months of 2011 compensated the clients 29 million drams
05.09.2011

Office of financial ombudsman of Armenia in January-August 2011 compensated its clients about 29 million drams.
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State Budget Of Armenia In January-July 2011 Fulfilled With The Deficit Of 10.5 Billion Drams
29.08.2011

State budget of Armenia in January-July 2011 was fulfilled by 10.5 billion drams which was only 14.6% of the planned deficit of 9 months.
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Armenian finance ministry buys out mid-term government bonds worth AMD 1 billion
10.08.2011

Armenian finance ministry bought out Wednesday mid-term AMGN60147141treasury coupon government bonds worth AMD 1 billion, the press office of the Central Bank of Armenia reports.
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Group Of Sub-Divisions Of Financial Investigation “Egmont” Holds A Meeting In Yerevan
11.07.2011

Meeting of the committee of the Group of Sub-divisions of Financial Investigation “Egmont” is conducted in Yerevan.
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Ameriabank Negotiating To Attract $50 Million From International Financial Organizations
09.07.2011

Armenian Ameriabank plans to attract $50 million from international financial organizations this year, Tigran Jrbashyan, development director of the bank, said on Friday.
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Armenian Finance Ministry will place state (treasury) mid-term coupon bonds in the amount of 750 million Drams
06.06.2011

On June 15, Armenian Finance Ministry will place AMGN60147141 mid-term state treasury coupon bonds in the amount of 750 million drams.
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