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Bank Anelik to be back in profit again by end 2014

04.09.2014 15:23

Bank Anelik to be back in profit again by end 2014

YEREVAN, September 4. /ARKA/. Bank Anelik intends to become profitable again by the end of 2014, chairman of the bank’s board Nerses Karamanukyan said.

Some profit is recorded on transactions, and August losses are 500 million drams compared to about 810 million at the end of June, Karamanukyan said.

Since 2012 Bank Anelik has suffered losses that totaled 1bln 464mln 505 drams at the end of 2012 and 1bln 444mln 239 drams at the end of 2013.

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Armenia’s inflation last year was 5.8 percent

24.01.2014 19:25

Armenia’s inflation last year was 5.8 percent

Armenia saw last year its inflation rise 5.8% from the year before, according to the latest numbers of the National Statistical Service (NSS)

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eBay surges on results, icahn proposals - Marketwatch

23.01.2014 12:17

eBay surges on results, icahn proposals  - Marketwatch

EBay Inc. on Wednesday reported a fourth-quarter profit of $850 million, or 65 cents a share, on revenue of $4.5 billion

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