 Russia’s Gazprombank saw 31% net profit increase in Q1 2011 August 30, 2011 - 13:03 AMT PanARMENIAN.Net - Gazprombank, the banking arm of Russian energy giant Gazprom, saw its January-March 2011 net profit increase 31 percent year-on-year to 30.988 billion rubles ($1.07 billion) to IFRS, Gazprom said in a statement on Tuesday, August 30. Gazprombank assets rose to 2.016 trillion rubles in the first quarter of 2011 compared to 1.759 trillion rubles the first quarter of 2010. Liabilities edged up to 1.776 trillion rubles in January-March 2011 from 1.539 trillion rubles, year-on-year, the bank said, RIA Novosti reported   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 Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
