Armenian banks to start rallying in 2010
25.01.2010 21:26
YEREVAN, January 25. /ARKA/. Ararat Ghukasyan, chairman of the Union of Banks of Armenia, thinks the country has already overcome the 2009 uncertainty caused by the global recession.
He told journalists on Monday that banks would start rallying in 2010.
He said banks have built up their capitals in 2009, and Armenian banking system no longer faces the problem of capitalization.
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Mortgage market to start rallying in 2nd Q 2010
20.11.2009 15:55
Armenia’s mortgage market has already hit the bottom of the crisis and is expected to start rallying in the second quarter of the next year, Armen Khachyan, said director general of Washington-Capital Universal Credit Organization.
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