Arminfo.info



The Power of One Dram to the Road of Life Charitable OrganizationThe Power of One Dram to the Road of Life Charitable Organization
Ardshinbank CJSC has announced about the launch of a new  refinancing business loanArdshinbank CJSC has announced about the launch of a new refinancing business loan
Georgia turns down US invite for official visit over `pre-condition`Georgia turns down US invite for official visit over `pre-condition`
 Transitional dictatorship in Armenia - opposition MP Transitional dictatorship in Armenia - opposition MP
Not a single door in Armenia can be closed to a clergyman - Vahe  HovhannisyanNot a single door in Armenia can be closed to a clergyman - Vahe  Hovhannisyan
FMs of Armenia, Ukraine discuss current situation in regionFMs of Armenia, Ukraine discuss current situation in region
Armenian parliamentarians meet with Co-chair of Congressional  Armenian Issues Caucus in WashingtonArmenian parliamentarians meet with Co-chair of Congressional  Armenian Issues Caucus in Washington
WFP sees need to change format of assistance provided to Artsakh refugeesWFP sees need to change format of assistance provided to Artsakh refugees
Parliament`s opposition factions invite foreign diplomats to closed  meetingParliament`s opposition factions invite foreign diplomats to closed  meeting
Tatoyan: over 96% of respondents in Azerbaijan consider Armenia`s  Yerevan, Syunik and Sevan to be Tatoyan: over 96% of respondents in Azerbaijan consider Armenia`s  Yerevan, Syunik and Sevan to be "Azerbaijani lands"
Leader of Kamq movement: We have one task - Pashinyan`s resignation Leader of Kamq movement: We have one task - Pashinyan`s resignation 
Actions of authorities pose threat to Armenia`s stability and future  - political scientistActions of authorities pose threat to Armenia`s stability and future  - political scientist
Judge`s illegal actions proof of overt political persecution -  ex-minister of defense Judge`s illegal actions proof of overt political persecution -  ex-minister of defense 
Police actions in Kirants criminal - clergyman  Police actions in Kirants criminal - clergyman  
Struggle continues despite repressions - Suren PetrosyanStruggle continues despite repressions - Suren Petrosyan
Reports on alleged beating of residents detained in Kirants false -  Ministry of Interior Reports on alleged beating of residents detained in Kirants false -  Ministry of Interior 
Developments on Armenia`s borders result of concessive policy -  opposition MP Developments on Armenia`s borders result of concessive policy -  opposition MP 
U.S. Government watchdog group adds Azerbaijan to list of world`s   worst religious freedom abusers U.S. Government watchdog group adds Azerbaijan to list of world`s   worst religious freedom abusers 
Armenia`s premier on basis for Armenia-Azerbaijan border delimitation Armenia`s premier on basis for Armenia-Azerbaijan border delimitation 
"Tavush for the Motherland" movement calls on citizens to continue  acts of disobedience
Armenian authorities` actions in Kirants to have grave consequences -  opposition MPArmenian authorities` actions in Kirants to have grave consequences -  opposition MP
Armenia`s premier expounds on Armenia-Azerbaijan border delimitation  processArmenia`s premier expounds on Armenia-Azerbaijan border delimitation  process
$250mln package proposed for Armenian$250mln package proposed for Armenian
Police forces block roads leading to village of Kirants, bordering  AzerbaijanPolice forces block roads leading to village of Kirants, bordering  Azerbaijan
Armenia, NATO discussing prospects for expanding cooperationArmenia, NATO discussing prospects for expanding cooperation
Azerbaijan, Armenia confirm their participation in negotiations in  AlmatyAzerbaijan, Armenia confirm their participation in negotiations in  Almaty
Armenian, Azerbaijani FMs meeting has not yet been determined due to  lack of response from Armenia to this proposalArmenian, Azerbaijani FMs meeting has not yet been determined due to  lack of response from Armenia to this proposal
Omer Celik: Turkiye to monitor developments around Azerbaijan -  Armenia border agreement Omer Celik: Turkiye to monitor developments around Azerbaijan -  Armenia border agreement 
Peacekeepers` withdrawal from Karabakh continuesPeacekeepers` withdrawal from Karabakh continues
Mirzoyan told Al-Jazeera about Armenian-Azerbaijani normalization,  relations with Russia and expressed his position on situation in Gaza  StripMirzoyan told Al-Jazeera about Armenian-Azerbaijani normalization,  relations with Russia and expressed his position on situation in Gaza  Strip
Europe Nostra Vice President to visit ArmeniaEurope Nostra Vice President to visit Armenia
Acba Bank to start public placement of its next USD, AMD bonds on May  2Acba Bank to start public placement of its next USD, AMD bonds on May  2
Participation of the delegation of Turkmenistan in the 57th session of the UN Commission on Population and DevelopmentParticipation of the delegation of Turkmenistan in the 57th session of the UN Commission on Population and Development
MP: As a result of border delimitation Armenia to receive state  border to protect its sovereigntyMP: As a result of border delimitation Armenia to receive state  border to protect its sovereignty
Hungary blocks European Peace Facility`s support project for Armenia Hungary blocks European Peace Facility`s support project for Armenia 
RAU rector`s office term extended by 4 yearsRAU rector`s office term extended by 4 years
"5165" movement calls on all healthy forces of Armenia to unite for   salvation of motherland
Investigative Committee comments on beating of servicemen who  attended protests in KirantsInvestigative Committee comments on beating of servicemen who  attended protests in Kirants
Italian orchestra ROMA SINFONIETTA to perfom Ennio Morricone`s famous  compositions in YerevanItalian orchestra ROMA SINFONIETTA to perfom Ennio Morricone`s famous  compositions in Yerevan
Armenia`s government making unilateral concessions in Azerbaijan`s  favor - Tavush for the Motherland movementArmenia`s government making unilateral concessions in Azerbaijan`s  favor - Tavush for the Motherland movement
Armenia`s new rep to UNESCO appointed Armenia`s new rep to UNESCO appointed 
Border delimitation supposed to settle problems on other border  sectionsBorder delimitation supposed to settle problems on other border  sections
Armenia`s minister of defense hosts member of French Senate  CommitteesArmenia`s minister of defense hosts member of French Senate  Committees
Armenia`s authorities have nothing in common with Armenian people -  opposition MPArmenia`s authorities have nothing in common with Armenian people -  opposition MP
Leaflets calling for supporting Tavush residents distributed in  Armenia`s capital Leaflets calling for supporting Tavush residents distributed in  Armenia`s capital 
Armenia`s territories gradually surrendered under the guise of Armenia`s territories gradually surrendered under the guise of "pilot  border delimitation" - opposition MP
All-Armenian Council of Diplomats proposes solutions to end crisis in  Armenia All-Armenian Council of Diplomats proposes solutions to end crisis in  Armenia 
Statement by Armenia`s Ministry of Justice shameful - Arman Tatoyan Statement by Armenia`s Ministry of Justice shameful - Arman Tatoyan 
Armenia`s government comments on results of premier`s meeting with  residents of village of KirantsArmenia`s government comments on results of premier`s meeting with  residents of village of Kirants
Journalistic organizations expressed outrage at unjustified  aggression and cruelty of RA law enforcement officers against media  covering protestsJournalistic organizations expressed outrage at unjustified  aggression and cruelty of RA law enforcement officers against media  covering protests
Idram and IDBank at Career City FestIdram and IDBank at Career City Fest
"Shirak for Motherland" movement holds  car rally in Gyumri in  support of Tavush residents 
As of April 29, 2024, 35 border posts have been installed between  Armenia, AzerbaijanAs of April 29, 2024, 35 border posts have been installed between  Armenia, Azerbaijan
"Mother Armenia" bloc calls on students to stand up in support of  Tavush residents
European Commission Director General travels to South Caucasus to  launch new initiativesEuropean Commission Director General travels to South Caucasus to  launch new initiatives
Armenia`s Justice Ministry issues statement regarding  Armenian-Azerbaijani border delimitation in Tavush Armenia`s Justice Ministry issues statement regarding  Armenian-Azerbaijani border delimitation in Tavush 
Opposition MP files complaint against police Opposition MP files complaint against police 
When organizing Armenian, Azerbaijani FMs` meeting in Almaty,  Kazakhstan`s authorities will not act as negotiatorWhen organizing Armenian, Azerbaijani FMs` meeting in Almaty,  Kazakhstan`s authorities will not act as negotiator
Armenia`s Prosecutor`s Office intends to reclassify actions of   defendants in case of March 1, 2008Armenia`s Prosecutor`s Office intends to reclassify actions of   defendants in case of March 1, 2008
"Tavush for the Motherland " demands from Armenian law enforcement  agencies to investigate report accusing Bagrat Srbazan of committing  crime
Read more





Laura Bagdasaryan and Leyla Yunus are for peace for the children of Armenia and Azerbaijan
 Saturday, April 26 2014 07:41

Here is the text of the joint statement by Laura Bagdasaryan and Leyla Yunus issued on 25 April: 

>>>
Head of Ichtiology Institute: Fish farms in Sevan should work under tough control
 Friday, April 25 2014 22:18

The fish farms in Sevan should work under tough control, Evelina Ghukasyan, Director of the Ichthyology and Hydroecology Institute, Armenian National Academy of Sciences, has told ArmInfo.  

>>>
Hovik Abrahamyan to consider four non-coalition forces' suggestions on pension reforms at Government
 Friday, April 25 2014 22:17

 Armenian Prime Minister Hovik Abrahamyan took part in the meeting of the 4 non-coalition forces of the Parliament (Armenian National Congress, Prosperous Armenia Party, ARF Dashnaktsutyun, Heritage) to listen to their position on the pension reforms.     

>>>
RPA member: Previous Government of Armenia had no economic failures; neither will the new one
 Friday, April 25 2014 22:16

The staff changes in the Armenian Government are connected with the new challenges the country faces, Gagik Minasyan, Head of the Standing Parliamentary Committee on Financial Issues, MP from the ruling Republican Party of Armenia, said at a press conference on Friday.    

>>>
Artur Bagdasaryan: It would be immoral from my side to demand President of Armenia Serzh Sargsyan's resignation
 Friday, April 25 2014 22:15

After leaving the ruling coalition, Orinats Yerkir is not going to demand President Serzh Sargsyan's resignation, as it would be immoral, the former secretary of the National Security Council, the leader of the Orinats Yerkir Party, Artur Bagdasaryan,  said at today's press-conference. 

>>>
Hovik Abrahamyan: There is no "great four" any more
 Friday, April 25 2014 22:14

 Today Prime Minister Hovik Abrahamyan took part in the meeting of the opposition "the great four" (Armenian National Congress, ARFD, Heritage party and Prosperous Armenia Party). 

>>>
VTB Bank (Armenia) offers overdraft to universal credit companies to provide urgent current needs promptly
 Friday, April 25 2014 22:13

VTB Bank (Armenia) offers overdraft to universal credit companies, as a convenient way for replenishment of the operating account if there is shortage of their own funds. As press-service of the bank reported, the product is offered to the universal credit companies at the territory of Armenia with not less than 12 months activity. 

>>>
Azerbaijanis refuse to attend the same event with Armenians
 Friday, April 25 2014 22:12

 Ana Veten Party of Azerbaijan has refused to attend the Forum of Young Politicians of the South Caucasus to be held by the Netherlands Institute for Multiparty Democracy (NIMD) on 26-27 April. 

>>>
Serzh Sargsyan: It is long overdue to affirm de jure the factual exercise of the Artsakh people's right to self- determination.
 Friday, April 25 2014 22:08

 "Armenia is interested in the further development of the Eastern Partnership format. It should continue to serve its major objective - united Europe that is free of dividing lines, stable and prosperous. It is important for the Eastern Partnership to be responsive to the vital interests of all the participating states. For Armenia it is first of all the unblocking of the closed border with Turkey", President of the Republic of Armenia Serzh Sargsyan said in his statement at the High-level Meeting in Prague on the 5th Anniversary of the Eastern Partnership. 

>>>
Serzh Sargsyan: We do not want to make a choice between friends, but we want to have as many friends as possible
 Friday, April 25 2014 22:07

"Assessing the road covered by the Eastern Partnership we can note that at the end of the day it was successful. As I said on numerous other occasions, it first of all provided the partner countries with an opportunity to coordinate and expand their domestic reforms. We have grounded it in shared values and consolidated the foundation for our collaboration", President of the Republic of Armenia Serzh Sargsyan said in his statement at the High-level Meeting in Prague on the 5th Anniversary of the Eastern Partnership.

>>>
MP from Prosperous Armenia Party believes that there may be changes in the government's pension reforms
 Friday, April 25 2014 22:06

MP from Prosperous Armenia Party Stepan Margaryan believes that there may be changes in the government's pension reforms.

>>>
AAA: Obama fell short of fulfilling his 2008 presidential campaign pledge
 Friday, April 25 2014 22:04

 President Barack Obama on Thursday solemnly commemorated the victims of the Armenian Genocide and reiterated his call that "a full, frank, and just acknowledgement of the facts is in all of our interests," reported the Armenian Assembly of America (Assembly).

>>>
Hmayak Hovhannisyan: You will hardly find at least a dozen of politicians like Rogozin in the post-Soviet area
 Friday, April 25 2014 20:55

Deputy Prime Minister of Russia Dmitry Rogozin has been appointed by President Putin as Co-chair of the Russian-Azerbaijani Inter-governmental Commission on Economic Cooperation. Many in Armenia know that you and your association have closely cooperated with Rogozin and his Congress of Russian Communities since the early 1990s. In this light, what do you expect from this appointment and can it influence Russia's policy on the Nagorno-Karabakh problem?

>>>
In Q1 2014 net profit of Armenia's banking system dropped by 28.5%
 Friday, April 25 2014 10:07

 In Q1 2014 the net profit of Armenia's banking system dropped by 28.5% to 9.1bln AMD or $22mln. As compared with Q1 2013, the index grew by 6.7%.

According to the Express Ranking of Armenian Banks prepared by the Agency of Rating Marketing Information (ArmInfo), in Q1 2013 the index dropped by 37.3% due to slowdown in lending and the CB's decision to write off non-performing loans. 

Likewise, this year's drop may have also been caused by declining lending activities. Unfortunately, the banks have not yet specified their lending risks, so, it is yet clear why the profit has dropped.  In Q1 2014 the loans of Armenia's banks grew by 2.1% to 1.8tln AMD or $4.4bl. As compared with Q1 2013 they grew by 11.4%. Nostro account balance shrank by 10.1% in Q1 2014 and by 23.7% as compared with Q1 2013 to 227.6bln AMND or $550.7mln. Investments in securities grew by 9.1% and 20%, respectively, to 225.5bln AMD or $545.6mln. Assets dropped by 0.2% and grew by 14.4% to 2.9tln AMD or $7.1bln. Loans made up 61.4% of assets, nostro accounts 7.8%, investments in securities 7.7% against respective 63.1%, 7.2% and 7.3% in Q1 2013.

In Q1 2014 the obligations of Armenia's banks dropped by 0.8% to 2.5tln AMD or $5.9bln. As compared with Q1 2013 they grew by 14.2%. 

The total capital grew by 2.5% in Q1 2014 and by 15.3% as compared with Q1 2013 to 481.6bln AMD or $1.2bln. Accumulated profit grew by 5% and 26.4%, respectively, to 170.2bln AMD, authorized capital by 2.7% and 7.5%, respectively, to 262.5bln AMD. In Q1 2014 only VTB Bank (Armenia) increased its capital (by 50.3%) due to issue of 7bln AMD worth of shares.  

HSBC Bank Armenia, Ardshininvestbank and Ameriabank registered the biggest net profits, ACBA-Credit Agricole Bank, VTB Bank (Armenia) and Ardshininvestbank the biggest capitals, Ameriabank, VTB Bank (Armenia) and Ardshininvestbank the biggest assets, VTB Bank (Armenia), ACBA- Credit Agricole Bank and Ameriabank the biggest loan books, HSBC Bank Armenia, Armswissbank and Armbusinessbank the biggest investments in securities, Ameriabank, Ardshininvestbank and VTB Bank (Armenia) the biggest obligations.

>>>
Ankara to provide Turkish passports to descendants of Armenian Genocide survivors
 Friday, April 25 2014 09:53

 The Government of Turkey adopted a decision on 24 April to give passports to the descendants of Armenians who left the country during the 1915 events, 
Turkish Hurriyet newspaper reported on April 24.

The newspaper writes Turkish Foreign Minister Ahmet Davutoglu made a relevant motion and the Turkish Cabinet of Ministers and Foreign Ministry are now working on the issue.

>>>
John Kerry: Erdogan's stunning statement confirms international fprinciples
 Friday, April 25 2014 08:16

 On the occasion of the 99th anniversary of the Armenian Genocide, U.S. Secretary of State Kerry shared a brief message on his Twitter account. In his message, Kerry says: "Our thoughts and prayers are with Armenians today." 

>>>
Ahmet Davutoglu: Karabakh issue is a serpentine road but peace in this issue can be achieved step by step
 Friday, April 25 2014 08:02

 "Karabakh issue is a serpentine road but peace in this issue can be achieved step by step," the statement came from Turkish Foreign Minister Ahmet Davutoglu in an interview with Turkish NTV channel, according to 1news.az

>>>
President of France: Erdogan's 1915 condolence was a "word we needed to hear, but not enough"
 Friday, April 25 2014 08:01

 French President Francois Hollande has welcomed Turkish Prime Minister Recep Tayyip Erdogan's condolences over Genocide of Armenians in Ottoman Turkey in 1915-1923, but said it is still "not enough."

>>>
Serzh Sargsyan: The lack of normalization of the Armenian-Turkish relations and the last closed border of Europe continue to be a vulnerable element of the Pan-European security
 Friday, April 25 2014 08:00

 "Time constraint does not act as a statutory limitation for the crime of genocide, and with the Armenian Genocide Centenary ahead I would like to reiterate the importance of the international community's recognition and condemnation of that unprecedented crime," said President of Armenia Serzh Sargsyan in a statement at the High-level Meeting on the 5th Anniversary of the Eastern Partnership in Prague on 24 April, according to the president's press-service.

>>>
Serzh Sargsyan: The Ukrainian crisis has demonstrated that lack of understanding of the root causes of the current situation can call further proceeding of the Eastern Partnership into question
 Friday, April 25 2014 06:56

 "The Ukrainian crisis has demonstrated that lack of understanding of the root causes of the current situation can call further proceeding of the Eastern Partnership into question," said President of Armenia Serzh Sargsyan in a statement at the High-level Meeting on the 5th Anniversary of the Eastern Partnership in Prague on 24 April. 

>>>



Commented