‘At The Focus’ Archives
GDP growth made 3.1% in Armenia in January-August
In January-August, 2010, Armenian GDP increased by 3.1%, as compared to the same period of 2009. As Mediamax was informed in the National Statistical Service of Armenia today, GDP volume in January-August made 2 trillion 42bln 788.8mln AMD. Speeds of GDP growth in Armenia since June continue slowing down: in January-May, 2010, the economy [...]
According to global competitiveness report, Armenia occupied the last but one line as to efficiency of anti-monopoly policy
According to global competitiveness report for 2010-2011, Armenia occupies the 138th place from among 139 researched countries as to efficiency of state anti-monopoly policy. Mediamax reports that, speaking at a news conference in Yerevan today, Director of “Economy and Research” Research Center (Armenian partner of the Global [...]
Armenian CB declared the licence of “London-Yerevan” insurance company invalid
Board of the Central Bank (CB) of Armenia permitted liquidation and declared invalid the licence of “London-Yerevan” LLC insurance company at its session today. The portfolio of “London-Yerevan” was purchased by “Rosgosstrakh Armenia” insurance company in late 2009 – early 2010. This information was confirmed by the press service [...]
Armenia’s foreign debt to reach U.S. $4bn by 2013
On July 8, the RA Government first approved a strategic program of national debt control for 2011-2013. Under the program, Armenia’s foreign debt is to reach U.S. $4bn by 2013 against the present U.S. $3bn. Last year, Armenia’s foreign debt considerably increased as compared with previous years. Specifically, the foreign debt/GDP ratio made [...]
Number of Ameriabank’s trade financing contracts currently in force doubles
The number of Ameriabank’s trade financing contracts (secured by letters of credit and guarantees) currently in force has doubled and portfolio has grown 1.2 times since the beginning of this year, the bank’s press office reported on Wednesday. The Ameriabank started developing its commercial and credit instruments in 2009. International [...]
