ArmInfo. Converse Bank is going to be active in Nagorno-Karabakh and for this purpose has opened a branch in Stepanakert. The branch will be officially inaugurated in early May 2012 but is already providing services. ArmInfo's own correspondent in Stepanakert quotes CEO of Converse Bank

ArmInfo. Converse Bank is going to be active in Nagorno-Karabakh and for this purpose has opened a branch in Stepanakert. The branch will be officially inaugurated in early May 2012 but is already providing services. ArmInfo's own correspondent in Stepanakert quotes CEO of Converse Bank

ArmInfo. Converse Bank has opened its first branch in Stepanakert. The press service of the Central Bank of Armenia (CBA) reported that the branch was registered on Feb 27 by the decision of the CBA chairman. This is already the 28th branch of the Bank. Thus, Converse Bank has 10 branche

ArmInfo. Converse Bank has opened its first branch in Stepanakert. The press service of the Central Bank of Armenia (CBA) reported that the branch was registered on Feb 27 by the decision of the CBA chairman. This is already the 28th branch of the Bank. Thus, Converse Bank has 10 branche

ArmInfo. In 2011 number of Anelik money transfer transactions grew by 50% to almost 2,000,000 while their amount grew by 13% to over $1bln. The press service of Anelik Bank reports that nine banks are partners of the Anelik system: Armeconombank, Araratbank, Armenian Development Bank, Artsakh

ArmInfo. In 2011 number of Anelik money transfer transactions grew by 50% to almost 2,000,000 while their amount grew by 13% to over $1bln. The press service of Anelik Bank reports that nine banks are partners of the Anelik system: Armeconombank, Araratbank, Armenian Development Bank, Artsakh

ArmInfo. In 2011 number of Anelik money transfer transactions grew by 50% to almost 2,000,000 while their amount grew by 13% to over $1bln. The press service of Anelik Bank reports that nine banks are partners of the Anelik system: Armeconombank, Araratbank, Armenian Development Bank, Artsakh

Arminfo. The portfolio of the refinanced mortgage credits of the National Mortgage Company (NMC) amounted to 17,113 bln drams (2320 credits) by the 1 January 2012. The total of 115 mortgage credits at 830 mln drams were delivered in December 2011. At present the NMC has got contracts with 15

ArmInfo. The German Bank KfW has refinanced 344 mortgage loans worth a total of 2.2 bln AMD in Armenia within the frames of the third tranche of the Sustainable Housing Finance Market Program. This is about 20% of the third tranche of the given program worth 20 mln euro Bella Andreasyan, Chie

ArmInfo. The portfolio of refinanced mortgage loans of the National Mortgage Company (NMC) grew by 63% in Jan-Nov 2011 and totaled 16.272 bln AMD by 1 December (2205 loans). In November the portfolio grew by 4% to 617 mln AMD (84 mortgage loans). At present NMC has general contracts with 15

ArmInfo. Over Jan-Oct 2011, the portfolio of the refinanced mortgage loans of the National Mortgage Company (NMC) grew by 56.4% to 15.655 bln AMD as of 1 November (2121 loans). According to the official data of the NMC, over October alone the company refinanced 129 mortgage loans worth 991 ml

ArmInfo. Ameriabank offers an alternative to deposits - standard gold bars, Trade Operations Manager of Ameriabank Sergey Shevchenko said in an interview to ArmInfo. He said that the bars are produced in Central Europe, particularly, in Switzerland. The bank sells 999.9 gold bars weighing 1 o

ArmInfo. Ameriabank offers an alternative to deposits - standard gold bars, Trade Operations Manager of Ameriabank Sergey Shevchenko said in an interview to ArmInfo. He said that the bars are produced in Central Europe, particularly, in Switzerland. The bank sells 999.9 gold bars weighing 1 o

ArmInfo. The Council of the Central Bank of Armenia (CBA) has approved Armeconombank's participation in Intel Express payment and settlement system. The relevant decision was taken at today's sitting of the CBA Council presided over by CBA Chairman Arthur Javadyan. The CBA press service

ArmInfo. In late October the National Mortgage Company (NMC) is preparing to carry out its first issue of corporate bonds worth 1 bln AMD. The bonds will be secured with loans provided by the company to the banks and partner credit organizations. Mher Yedigaryan, Executive Director of the NMC, t

ArmInfo. Over Jan-Sept 2011, the portfolio of refinanced mortgage loans of the National Mortgage Company (NMC) grew by 47.3% to 14.744 bln AMD by 1 Oct 2011 (1992 loans). According to the official data of the company, over September the company refinanced 138 mortgage loans worth 881 mln AMD.

ArmInfo. National Mortgage Company's portfolio of refinanced loans reached 13.745 bln drams (1854 loans) as of September 1 2011. The portfolio grew 37.3% for Jan-Aug 2001. NMC's official data say the company refinanced 38 mortgage loans in the amount of 313 mln drams for August alone. At

ArmInfo. ACBA-Credit Agricole Bank, HSBC Bank Armenia and VTB Bank Armenia registered the highest net profits in Jan- June 2011 - 3bln AMD ($8.2mln), 2.8bln AMD ($7.5mln) and 2.6bln AMD ($7.1mln), respectively. According to ArmInfo's Ranking of Commercial Banks of Armenia, the 4th is Ardshin

ArmInfo. ACBA-Credit Agricole Bank, HSBC Bank Armenia and VTB Bank Armenia registered the highest net profits in Jan- June 2011 - 3bln AMD ($8.2mln), 2.8bln AMD ($7.5mln) and 2.6bln AMD ($7.1mln), respectively. According to ArmInfo's Ranking of Commercial Banks of Armenia, the 4th is Ardshin