Information Technologies

Poll: crisis to cause gradual business decline in Armenian IT-sector:

YEREVAN, June 15. /ARKA/. The results of an on-line poll available on the ARKA-Telecom site show that 36.4% of the respondents believe the global financial and economic crisis will cause a gradual decline in the Armenian IT-sector.

On the other hand, 34% of the respondents believe the crisis will open up new opportunities for the IT-sector, 11.2% said that the crisis will not cause any changes on the Armenian market or cause a collapse of the country’s IT-sector. Also, 7.3% of the respondents found it difficult to say anything about possible impact of the crisis on the Armenian IT-sector.

The on-line poll was conducted March 14 to June 9 and involved 206 respondents.

On November 3, 2008, the ARKA News Agency launched a new project, www.teleсom.arka.am. The website was designed to report on-line information, analyses and interviews, views and comments by experts.

The ARKA News Agency launched its activities on May 1, 1996. P.T. –0--

15/06/2009 19:49


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Teleсom.arka.am available in English


Market USD exchange rates
Market EUR exchange rates
Market exchange rates 10/03/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 389.94 1.02
Euro EUR 1 529.58 0.88
Russian Rоublе RUR 1 13.12 0.04

Favorable еxchange rates of banks 10/03/2010
Currency Buy Sell
USD 389
"VTB Bank (Armenia)"
ACBA-CREDIT AGRICOLE BANK
Araratbank
Armenian Development Bank
Artsakhbank
Byblos Bank Armenia
ProCreditBank
Prometey Bank
“ArmSwissBank”
 392
ACBA-CREDIT AGRICOLE BANK
Ameriabank
Araratbank
Ardshininvestbank
BTA Bank
Conversebank
HSBC Bank Armenia
“ArmSwissBank”
Euro 528
ACBA-CREDIT AGRICOLE BANK
Prometey Bank
 534
Ameriabank
RUR 13
ACBA-CREDIT AGRICOLE BANK
Artsakhbank
 13.2
ACBA-CREDIT AGRICOLE BANK
Ameriabank
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2009-12 85.6
GBP, billion AMD 2009-12 3165.5
inflation, % 2010-01 101.7
Budget deficit (proficit), bln AMD 2009-12 148.3
trade deficit, mln USD 2009-12 -2606.4
foreign trade turnover, mln USD 2009-12 4001.9
foreign trade turnover, % 2009-12 73
Gross External Reserves, mln. USD 2009-12 2003.41
Monetary base, billion AMD 2009-12 511.7
Money supply, billion AMD 2009-12 815

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-01 14.8
Legal entities in USD 2010-01 13.5
Individuals in AMD 2010-01 22
Individuals in USD 2010-01 17.6
Anual interests on deposits
Legal entities in AMD 2010-01 6.5
Legal entities in USD 2010-01 5.4
Individuals in AMD 2010-01 9.1
Individuals in USD 2010-01 5.3
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-01 8.8

The percents of the CBA
Indicator Term Figures
Banking rate 2010-03 13
Repo 2010-03 6.5
Credit 2010-03 9.5
Depo 2010-03 3.5



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