ArmInfo. ArmSwissBank and National Mortgage Company UCO have signed an agreement on refinancing of mortgage loans provided by the bank for housing acquisition and repair. The press service of ArmSwissBank told ArmInfo that the agreement will give an opportunity to the bank to increase the

ArmInfo. NASDAQ OMX ARMENIA has announced Ardshininvestbank cjsc Best Exchange Member in Credit Resources Market. On March 1, 2011, NASDAQ OMX Armenia, part of the NASDAQ OMX Group, Inc. at a special ceremony announced winners of the Best Member Awards 2010, held for the first time ever in Ar

ArmInfo. NASDAQ OMX ARMENIA has announced Ardshininvestbank cjsc Best Exchange Member in Credit Resources Market. On March 1, 2011, NASDAQ OMX Armenia, part of the NASDAQ OMX Group, Inc. at a special ceremony announced winners of the Best Member Awards 2010, held for the first time ever in Ar

ArmInfo. ArmSwissBank and National Mortgage Company UCO have signed an agreement on refinancing of mortgage loans provided by the bank for housing acquisition and repair. The press service of ArmSwissBank told ArmInfo that the agreement will give an opportunity to the bank to increase the

ArmInfo. NASDAQ OMX ARMENIA has announced Ardshininvestbank cjsc Best Exchange Member in Credit Resources Market. On March 1, 2011, NASDAQ OMX Armenia, part of the NASDAQ OMX Group, Inc. at a special ceremony announced winners of the Best Member Awards 2010, held for the first time ever in Ar

ArmInfo. NASDAQ OMX Armenia, part of the NASDAQ OMX Group, Inc. at a special ceremony announced winners of the Best Member Awards 2010, held for the first time ever in Armenia. Best Member Awards by NASDAQ OMX Armenia was introduced in 2011 to encourage those investment services provider compa

ArmInfo. Ameriabank and ACBA Credit Agricole Bank have shared the leading positions according to the results of analysis of banks. The Analysis of the Armenian Banking System held by the Agency of Rating Marketing Information (ArmInfo), has shown that according to the result of 2010 the first p

ArmInfo. Registered shares of common stock of Artsakh HPP in the volume of 1.4 bln drams have been fully placed, press service of Armswissbank, a market-maker of the Company's shares, told ArmInfo. Upon the results of placement, the Company managed to attract 1.5 bln drams, that is considered a

ArmInfo. ARARATBANK has resumed the transactions with small gold bars. Deputy Chairman of Board of ARARATBANK David Haroutyunyan told ArmInfo correspondent that taking into account that Christmas is in the offing and small bars as a gold souvenir will be in big demand, the bank has started imp

ArmInfo. Average salary in the banking system of Armenia was up 4.4% over 9 months of 2010 versus the same period of 2009 to 277,000 drams ($766) as of October 1 2010. Summary salary costs of commercial banks (inclusive of equivalent payments) totaled 22 billion drams as of Oct 1 2010 ($61 milli

ArmInfo. Average salary in the banking system of Armenia was up 14% versus the first half of 2009 to 301,000 drams or $819 on June 30 2010. Total salary costs in the banking system (inclusive of equivalent payments) for the period under review totaled 15.6 billion drams ($43 million, up 21%). T

ArmInfo. Accumulated profit of Armenia's banking system grew by 9,6% over the 1st half year 2010, by 1,3% over the 2nd quarter, and by 14,3% over a year, having reached 82.1 bln drams ($223.4 mln) by June 30. About 27% in the total capital fell on the accumulated profit. According to the da

ArmInfo. General obligations of the Armenian banking system were down 4.1% for Q2 2010 (versus 4.8% growth for Q1 and 1% decline for Q2 2009). This indicator grew 21% over the year (versus 25.2% growth in Q2 2009) to 1.066 trillion drams ($2.9 billion) on June 30. Ranking of Armenian Comme

ArmInfo. ACBA-Credit Agricle Bank, HSBC Bank Armenia and VTB Bank (Armenia) are top three Armenian banks sorted by the highest net profit for the first half of 2010: 1.9 billion drams ($5.2 million) and 1.8 billion drams ($5 million), and 1.7 billion drams, respectively. Ardshininvestbank and A

ArmInfo. Over the first half-year of 2010 seven commercial banks of Armenia were included in the first 100 out of 300 largest taxpayers of the country. According to the State Tax Service of Armenia, by the amount of taxes paid over Jan-Jun 2010 ACBA- Credit Agricole Bank became the first ba

ArmInfo. In Jan-June 2010 the credit portfolio of the Small and Medium Enterpreneurship Development National Center (SMEDNC) totalled 65mln AMD. They in SMEDNC report that 5 SMEs were provided with credit guarantees worth 26.6mln AMD during the period with their credit commitments totalling

ArmInfo. The corporate bond market in Armenia is currently stagnating amid the global financial and economic crisis (external factor), and the anti-crisis policy of exchange rate regulation of the money authorities (internal factor). The sharp transition from fixed exchange rate to the flo

Analysis of the banking system of Armenia by the Agency of Rating Marketing Information (ArmInfo) on the basis of the ranking of the key balance indicators of banks showed that for Q1 2010 the first position of a universal bank remained vacant. In addition, the second position has also been v