ArmInfo. Tax payments by Armenian banks for 2012 totaled 25.8 bln drams with a 19.4% growth versus 2011, President of the Union of Armenian Banks Ashot Osipyan told media. Thursday. By data of the State Revenues Committee published on Wednesday, tax revenues from the banking system of Armenia g

ArmInfo. The Central Bank of Armenia has approved Converse Bank's participation in UNIstream money transfer system. The press service of the CBA told ArmInfo that the CBA Board too this decision at today's session. According to Converse Bank, its also carries out international money transfers vi

ArmInfo. On December 3, 2012 Inecobank customers can start performing a number of banking operations through Telcell payment system terminals. The press service of Inecobank reports that from now on it will be possible to make deposits to saving, current and card accounts and deposits and to

ArmInfo. On December 3, 2012 Inecobank customers can start performing a number of banking operations through Telcell payment system terminals. The press service of Inecobank reports that from now on it will be possible to make deposits to saving, current and card accounts and deposits and to

ArmInfo. HSBC Bank Armenia, Ameriabank and Ardshininvestbank are top three banks in Armenia in terms of net profits for 9 months of 2012: 5.7 bln drams ($14.1 mln), 4.7 bln drams ($11.5 mln) and 3.239 bln drams ($8 mln), respectively. Ranking of Armenian Banks prepared by Agency of Rating Marke

ArmInfo. In Q3 2012 Armenia's commercial banks lend SMEs a total of 421.5bln AMD or $1bln – 26.9% of all of their loans and 45.1% more than in Q3 2011. As compared with Q2 2012 the index roped by 1.9%. According to ArmInfo's Ranking of Commercial Banks of Armenia, Ardshininvestbank register

ArmInfo. ROE (return on equity) of the banking system of Armenia totaled 7.78% for 9 months of 2012, with a 1.6% decline versus the same period of 2011. ROA (return on assets) fell 0.5% to 0.34% for the period under review. As compared to the same period of 2010 ROE fell 0.6%, with ROA falling

ArmInfo. In Q3 2012 Armenia's commercial banks lend SMEs a total of 421.5bln AMD or $1bln – 26.9% of all of their loans and 45.1% more than in Q3 2011. As compared with Q2 2012 the index roped by 1.9%. According to ArmInfo's Ranking of Commercial Banks of Armenia, Ardshininvestbank register

ArmInfo. The banks of Armenia actively continue crediting the trade sector, industry, construction, and agriculture. Mortgage and car loans, which were in the lead, now hold the second position. According to the Ranking of Armenian Banks by the Agency of Rating Marketing Information (ArmInf

ArmInfo. Within 12 months seven commercial banks of ArmenIa have improved their positions of a universal bank. 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 the fir

ArmInfo. Within the framework of the renovation project of common use premises in multi-apartment buildings the roof renovation of the second building has already started in the Vanadzor city. Habitat for Humanity Armenia Foundation, together with Inecobank CJSC is implementing a two-year re

ArmInfo. INECOBANK has announced a new deposit promotion campaign on the occasion of the World Savings Day and invited its old and new customers to participate in it, the bank's press-service told ArmInfo. The source reports that the customers joining the campaign will be provided with Ineco

ArmInfo. 12 banks found themselves among the top hundred taxpayers of Armenia over Jan-Sept 2012. The largest taxpayers of them are ACBA-Credit Agricole Bank, HSBC Bank Armenia, Ameriabank, VTB Bank (Armenia) and ArmBusinessBank. According to the Armenian State Revenue Committee, ACBA Credit

ArmInfo. ARARATBANK and Incofin Investment Management (Incofin IM, Belgium) signed an agreement on Incofin Investment Management's joining ARARATBANK's capital with a 10% stake. The document was signed by Chairman of ARARATBANK's Council Barsegh Beglaryan, Chairman of Board of ARARATBANK Ashot O

ArmInfo. Within the framework of the renovation project of common use premises in multi-apartment buildings the roof renovation of the second building has already started in the Vanadzor city. Habitat for Humanity Armenia Foundation, together with Inecobank CJSC is implementing a two-year re

ArmInfo. INECOBANK has announced a new deposit promotion campaign on the occasion of the World Savings Day and invited its old and new customers to participate in it, the bank's press-service told ArmInfo. The source reports that the customers joining the campaign will be provided with Ineco

ArmInfo. ARARATBANK and Incofin Investment Management (Incofin IM, Belgium) signed an agreement on Incofin Investment Management's joining ARARATBANK's capital with a 10% stake. The document was signed by Chairman of ARARATBANK's Council Barsegh Beglaryan, Chairman of Board of ARARATBANK Ashot O

ArmInfo. The Green for Growth Fund, Southeast Europe (GGF, the Fund) and Inecobank CJSC (Inecobank, the Bank) in Yerevan, Armenia, signed a USD 10 million loan agreement to expand the Bank's lending capacity for energy efficiency (EE) projects at the retail and small and medium enterprise (SME)

ArmInfo. The Green for Growth Fund, Southeast Europe (GGF, the Fund) and Inecobank CJSC (Inecobank, the Bank) in Yerevan, Armenia, signed a USD 10 million loan agreement to expand the Bank's lending capacity for energy efficiency (EE) projects at the retail and small and medium enterprise (SME)