Russia’s Gazprombank saw 31% net profit increase in Q1 2011August 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 | Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. |