"PROCREDIT" - 22ND BANK OF ARMENIA
On February 5, German "Procredit" bank started its activities in Armenia and it became the 22nd functioning bank of Armenia. The Executive Director of the bank Bertold Herzfeld and Deputy Director Ashot Abrahamian spoke about the banks group "Procredit" during the press conference held in "Congress" hotel.
Bertold Herzfeld mentioned that the bank function in 21 countries of the world and is socially responsible for small business and common citizens. The shareholders of Armenian "Procredit" are "Procredit" bank - 66,6 percent, KfW - 16,6 percent and "Eurobank" - 16,6 percent.
Ashot Abrahamian said that the bank will open it 6 branches at the end of the year - 4 in Yerevan and 2 - in provinces.
The bank will accept deposits from everybody. It will give credits to small and medium businesses. They will start also crediting of agriculture during the year.
Chairman of Central Bank Tigran Sargsian welcomed the opening of "Procredit" bank in Armenia and assured that it will contribute to financial mediation development and will bring to Armenia new culture. It will also contribute to the competition in banking system.
- By Ara Martirosian, translated by L.H.
EUROPEAN COMMISSION OFFICE IN YEREVAN
By Aghavni Harutyunian, translated by L.H.On February 5, European Commissioner for External Relations and European Neighborhood Policy Benita Ferrero-Waldner together with Armenian Foreign Minister Vardan Oskanian opened the new premises of European ...PEOPLE OF NAGORNO KARABAKH ELECT NKR AND NOT RA PRESIDENT
By Aghavni Harutyunian, translated by L.H. 1Azerbaijani Foreign Ministry started its recurrent disinformation campaign - maybe they are getting a preparatory training on our presidential elections before Azerbaijani presidential elections. Anyway, ..."PROCREDIT" - 22ND BANK OF ARMENIA
By Ara Martirosian, translated by L.H.On February 5, German "Procredit" bank started its activities in Armenia and it became the 22nd functioning bank of Armenia. The Executive Director of the bank Bertold Herzfeld and Deputy Director Ashot ...
ERDOGAN'S INSULTING WORDS ABOUT OBAMA MAY HAUNT TURKEY AFTER THE ELECTIONS
By Harut Sassounian, Publisher, The California CourierGALLUP PRESENTED NEW RESULTS
Translated by L.H.
RETURN OF PETROSIAN, AN OPPORTUNITY?
Mehmet Yilmaz, ZamanSENATOR CLINTON CALLS FOR PASSAGE OF ARMENIAN GENOCIDE RESOLUTION
TURKEY TO ADDRESS THE HAGUE INTERNATIONAL COURT TO PROVE THE INCONSISTENCE OF THE "ARMENIAN GENOCIDE ALLEGATIONS"
By H. Chaqrian, translated by A.M.WILL KOSOVO INDEPENDENCE INFLUENCE ON KARABAKH?
Translated by L.H.SPENDING PLAN CALLS FOR $24 MILLION IN ECONOMIC AID TO ARMENIA, PROVIDES ASYMMETRICAL MILITARY ASSISTANCE
PEOPLE OF NAGORNO KARABAKH ELECT NKR AND NOT RA PRESIDENT
By Aghavni Harutyunian, translated by L.H."ZAMAN" WONDERS IF TER-PETROSIAN'S RETURN MAY BECOME A NEW OPPORTUNITY
By H. Chaqrian, translated by A.M.CANDIDATE FOR RA PRESIDENT VAHAN HOVHANNESIAN: WE ARE MORE DECISIVE THAN THOSE WHOSE CURSING WORDS YOU CAN FREQUENTLY HEAR FROM TV
Interview by Armen Manvelian, translated by K.A.
- 0 Mehekan was the 7th month in the old Armenian calendar (February 7 to March 8). The month's name is connected to the Armenian for death (mah) because plants and some animals would be in a state of hibernation at this time.
- 1676 Birth of Mkhitar Sebastatsi (cultural and church figure). He founded the Roman Catholoc Mkhitarist Congregation. He died in 1749.
- 1861 Birth in Vagharshapat (Etshmiadsin) of publisher and author of dictionaries, Tigran Navasardian.
- 1887 Birth of Civil War hero and famous Commander Hayk Bjshkyants (Guy) in Tavriz (Iran). In December 1937 he was killed -- a victim of Stalin's terror.
- 1899 The first train arrives at Alexandropol (Gyoomree) from Tbilisi.
- 1925 Opening of the Land-owners' First National Conference in Yerevan.
- 1950 Death of painter Sargis Yerkanian in St Louis (USA).
- 1992 The U.S. Embassy opens in Armenia. It is the first foreign country to set up a diplomatic mission in Armenia.
- State Dept.'s David Kramer Owes an Apology for Misusing "Anti-Semitism" Card Against Armenia
- Ter-Petrossian had a meeting with the neo-fascist Turkish leader Alparslan Türkes
- levon ter petrosyan : a foreign agent
- The strategic research centre makes sensational revelations
- Open Letter to John Hughes who is the "agent in chief of the supposed "information" media armenia now which is 100% financed by the CIA.
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