Income of Areximbank-Gazprombank Group grew fivefold in 2010January 27, 2011 - 13:23 AMT PanARMENIAN.Net - The net income of Areximbank-Gazprombank Group CJSC grew fivefold in 2010 compared to 2009, totaling AMD 1bln. Besides, the bank assets increased by 72.8%in 2010, amounting to AMD 67.4bln as of January 1, 2011, the bank press service reported. 130.8% growth was recorded in credit investments of the bank, bringing them to AMD 49.4bln. The bank is among leaders of the Armenian banking system by paces of growth in basic indices in 2010. 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 | Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |