  Armenian banking system income to total AMD 20bln in 2010June 23, 2010 - 16:20 AMT PanARMENIAN.Net - Head of Financial Stability Department of the Central Bank of Armenia (CBA) Vahe Vardanyan said that, according to the CBA estimates, income of the banking system of Armenia may amount to AMD 20bln that is insignificantly lower as compared with the 2008 index. The banking system has already secured AMD 8bln income, while the controlled income of the Armenian banking system totaled AMD 8.4bln in 2009. Vardanyan noted that market development is currently hampered by dollarization. “The CBA’s primary goal is to tackle the market’s dollarization, and we take relevant steps to this end,” he said.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Armenia-Azerbaijan: Experts launch work on determining coordinates  Expert groups from the countries started the process of determining the coordinates based on geodetic measurements.Yerevan says did not expect CSTO in peacekeeping role Pashinyan has declared that the CSTO would be expected to come to the Armenia-Azerbaijan border as an ally of ArmeniaHenrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan.Armenia not going to war over Karabakh, says Pashinyan Armenia is not preparing to fight a war for Nagorno Karabakh, Prime Minister Nikol Pashinyan said in an interview. |
