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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Market USD exchange rates
Market EUR exchange rates
Market exchange rates 02/09/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 365.03 1.29
Euro EUR 1 468.19 3.8
Russian Rоublе RUR 1 11.90 0.08

Favorable еxchange rates of banks 03/09/2010
Currency Buy Sell
USD 366
ProCreditBank
 367.5
“ArmSwissBank”
Euro 467
Byblos Bank Armenia
ProCreditBank
 472
ArmBusinessBank
Armenian Development Bank
RUR 11.85
"VTB Bank (Armenia)"
BTA Bank
 12
ACBA-CREDIT AGRICOLE BANK
Ameriabank
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2010-06 106.7
GBP, billion AMD 2010-06 1332
inflation, % 2010-07 103.7
Budget deficit (proficit), bln AMD 2010-06 16.9
trade deficit, mln USD 2010-06 -1281.2
foreign trade turnover, mln USD 2010-06 2116.8
foreign trade turnover, % 2010-06 129.8
Gross External Reserves, mln. USD 2010-06 1780
Monetary base, billion AMD 2010-06 434.5
Money supply, billion AMD 2010-06 786.6

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-06 13.8
Legal entities in USD 2010-06 12.6
Individuals in AMD 2010-06 22.6
Individuals in USD 2010-06 19.2
Anual interests on deposits
Legal entities in AMD 2010-06 8.4
Legal entities in USD 2010-06 7.2
Individuals in AMD 2010-06 9.8
Individuals in USD 2010-06 5.4
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-06 9.6

The percents of the CBA
Indicator Term Figures
Banking rate 2010-07 13
Repo 2010-07 7.25
Credit 2010-07 10.25
Depo 2010-07 4.25



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