ArmInfo. Tigran Khachatryan. Areximbank-Gazprombank Group has become the first Armenian bank to issue Eqvilibria cards. The press service of Areximbank-Gazprombank Group reports that this is part of the bank's Priority VIP service package. Eqvilibria Club is the world's biggest system of pre

ArmInfo. World Bank provided loans to the capital construction sector in Armenia in the amount of 13.3 bln drams ($33 mln) or 41.8% of total international loans provided to the construction sector of Armenia for the period under review - 31.8 bln drams ($79.1 mln). WB's investments in the constr

ArmInfo. Areximbank-Gazprombank Group's SME lending portfolio will make up 10bln AMD by the end of 2013 due mostly to international projects. The press service of Areximbank-Gazprombank Group reports that among the bank's key partners is the World Bank, with 159 loans worth a total of 1.6bln

ArmInfo. Areximbank-Gazprombank Group's SME lending portfolio will make up 10bln AMD by the end of 2013 due mostly to international projects. The press service of Areximbank-Gazprombank Group reports that among the bank's key partners is the World Bank, with 159 loans worth a total of 1.6bln

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. 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. Chairman of Armenia's Central Bank Artur Javadyan and Finance Minister Vache Gabrielyan left for Tokyo on 8 October to take part in the annual meeting of IMF amd WB from 8 to 12 October. Press-service of the Finance Ministry reported, over the visit the meetings with representatives

ArmInfo. The World Bank delivered credits in construction in Armenia for Jan-May 2012 by 5,7 bln drams ($14.6 mln) or 75,8% out of all international credit investments in the construction sector of Armenia over the reported period, amounted to 7.5 bln drams ($19.1 mln). The investment volumes of

ArmInfo. Only 17% of Armenia's citizens formally make use of financial services. Most people do not trust financial organizations, Susan Rutiedge, Head of the Global Program on Consumer Protection and Financial Literacy, World Bank, said at today's Dissemination Workshop "Financial Consumer Prot

ArmInfo. Over 42% of SMEs in Armenia have access to credit lines, 43.17% have overdrafts, 88.82% have bank accounts, according to the World Bank's Financing of Firms in Developing Countries report. The report says that 42.52% of young firms (

ArmInfo. Only 17% of the residents of Armenia polled by the Gallup Institute have bank accounts. Such were the results of the WB's report prepared on the basis of Gallup's interviews in 148 countries in 2011. For instance, in Finland and Denmark 100% of the polled have bank accounts, in Fra

ArmInfo. The World Bank provided 861,2 mln drams credits to the construction sphere of Armenia for Jan-Feb 2012 ($2.2 mln) or about 78% of all the international credit investments in the construction sector of the republic over the reported period, which was about 1,1 bln drams ($2,9 mln). Inci

Arminfo. According to the prediction of the World Bank, the economic growth by 3,8% is expected in Armenia in 2012, director of the WB Yerevan office Jean-Michel Happi told ArmInfo correspondent. If to analyze the created situation like the main potential for the Armenian economy growth as w

Arminfo. The consulting company "Ameria" under the financial support of the WB will implement a programme on raising of information awareness of the society "Es gitem" (I know), directed to covering of the most important reforms made in the republic in 2007-2012 in 25 directions. Ameria gained t

ArmInfo. Interview with Levon Altunyan, CEO of INGO Armenia Insurance Company Mr. Altunyan, the state budget of Armenia for 2012 envisages a social package for civil servants (over 110,000 people) in the amount of 18 bln drams ($47 mln). Civil servants are allowed to spend these funds also

ArmInfo. From the loan funds of the World Bank, 2.7 bln AMD (7 mln USD) were spent on the capital construction sphere in Armenia in November 2011. This constitutes 67.1% of the whole international provision of crediting (about 10.4 mln USD) to the construction sector of Armenia in November 2011.

ArmInfo. Ardshininvestbank received the first credit tranche of USD 3,0 million under the loan agreement signed with the Asian Development Bank at the beginning of December 2011. The funds will be used for financing small and medium-sized enterprises (SMEs) as the Bank's main target group, the

ArmInfo. Ardshininvestbank received the first credit tranche of USD 3,0 million under the loan agreement signed with the Asian Development Bank at the beginning of December 2011. The funds will be used for financing small and medium-sized enterprises (SMEs) as the Bank's main target group, the

ArmInfo. Ameriabank will receive a loan worth 20 mln USD from the Asian Development Bank (ADB) for on-lending to small and medium enterprises (SME). Director for Corporate Customers of Ameriabank Gagik Sahakyan and the ADB Resident Representative in Armenia David Dole signed the relevant agreeme