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Armenian Central Bank’s 2010 financial stability report already released

26.04.2011 18:27

Armenian Central Bank’s 2010 financial stability report already released

YEREVAN, April 26. /ARKA/. The Central Bank of Armenia issued the 2010 financial stability report on Tuesday.

The report contains estimates of risks, which can affect Armenia’s financial system, and ways of neutralization of these risks.

“Financial stability was retained at a satisfactory level over 2010,” the report says. “Decline in the agriculture sector deterred the country’s economy from reaching the projected growth, while other segments of the economy retained growth.”

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Armenia has recovered from exceptionally sharp output contraction; EBRD report

27.01.2011 20:57

Armenia has recovered from exceptionally sharp output contraction; EBRD report

EBRD report says Armenia has recovered from an exceptionally sharp output contraction during the crisis.

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Armenian commercial banks report 4.5% total assets growth in Q1

24.04.2010 12:18

Armenian commercial banks report 4.5% total assets growth in Q1

Armenian commercial banks said their total assets in the first quarter of 2010 grew by 4.5% to 1.418.2 trillion Drams.

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Armenian commercial banks report 43% drop in retained profits last year

02.02.2010 17:57

Armenian commercial banks report 43% drop in retained profits last year

Armenian commercial banks reported a 43% drop in their retained profits last year which fell to 15.4 billion Drams from 27 billion Drams in 2008. According to an ARKA analysis, 18 of 22 commercial banks closed last year with 17.1 billion Drams of profits.

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Report: Necessary steps taken by Armenian economy ministry ward off recession

20.01.2010 20:27

Report: Necessary steps taken by Armenian economy ministry ward off recession

Armenian Economy Ministry took necessary measures to mitigate and neutralize impacts of the global recession on the country and to prevent social tension here, the ministry says in its report submitted to the government on Wednesday.

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MONEYVAL publishes mutual report on Armenia

13.01.2010 15:19

MONEYVAL publishes mutual report on Armenia

Council of Europe Committee of Experts on the assessment of anti-money laundering(AML) and combating the financing of terrorism(CFT) published its mutual report on Armenia.

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