The Armenian Banking System Growing

Emil Lazarian News

THE ARMENIAN BANKING SYSTEM GROWING

Aysor
Nov 17 2009
Armenia

As the Aysor.am was informed by the Union of the Armenian Banks
according to the records of the 3rd semester of this year the credits
of the 22 Banks together have reached 1.2 trillion drams, which in
comparison with the 2nd semester is more with 10.6 %.

The general capital of the banks has grown with 4% and has made 266.8
milliard drams. On January – June the capital was 256.3 milliard drams.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS