
YEREVAN, November 14. /ARKA/. Armenia is among the countries with rather high political and security risks, says the Risk Map 2008 published by the Control Risks Group (CRG) (Great Britain).
The Risk Map 2008 indicates potential security-related risks, as well as political risk, which are expected to influence business management in various countries. According to the CRG, the countries involved in the survey showed average, high and extreme political risks.
According to the British experts, political and security risks are rather high in Russia and Armenia. A similar situation can be observed in Azerbaijan, Georgia, Kyrgyzstan, Tajikistan, Uzbekistan. Belarus is considered a country with a high political risk.
Among the countries with low political risks are Denmark, Finland, Island, Lichtenstein, Luxembourg, Monaco, Norway, and Andorra. Foreign investors will feel most confident in those countries.
The Baltic States, as well as a number of European countries, have shown a rather low level of risks.
The political risk is above the average in 57% of the developed market, which arouses experts’ concern.
The CRG is one of the world’s leading consulting companies specializing in the assessment of business management risks. –0--
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| Market exchange rates 08/02/2010 | ||||
|---|---|---|---|---|
| Currency | Symbol | Unit | Rate | Changes |
| USA Dollar | USD | 1 | 378.25 | 0.13 |
| Euro | EUR | 1 | 518.16 | 1.27 |
| Russian Rоublе | RUR | 1 | 12.41 | 0.01 |
| Favorable еxchange rates of banks 08/02/2010 | ||
|---|---|---|
| Currency | Buy | Sell |
| USD | 377.5 "VTB Bank (Armenia)" ACBA-CREDIT AGRICOLE BANK |
378 BTA Bank |
| Euro | 514 ACBA-CREDIT AGRICOLE BANK Ameriabank |
518 BTA Bank |
| RUR | 12.2 BTA Bank Cascade Bank HSBC Bank Armenia Prometey Bank |
12.4 Armeconombank ProCreditBank |
| Macroeconomics | ||
|---|---|---|
| Indicator | Term | Figures |
| economic growth,% | 2009-11 | 84 |
| GBP, billion AMD | 2009-11 | 2786.7 |
| inflation, % | 2009-12 | 106.5 |
| Budget deficit (proficit), bln AMD | 2009-11 | 114.9 |
| trade deficit, mln USD | 2009-11 | -2322.8 |
| foreign trade turnover, mln USD | 2009-11 | 3570.9 |
| foreign trade turnover, % | 2009-11 | 71.5 |
| Gross External Reserves, mln. USD | 2009-11 | 2115.89 |
| Monetary base, billion AMD | 2009-11 | 464.5 |
| Money supply, billion AMD | 2009-11 | 775.6 |
| Financial market | ||
|---|---|---|
| Indicator | Term | Figures |
| Anual interests on loans | ||
| Legal entities in AMD | 2009-12 | 14.8 |
| Legal entities in USD | 2009-12 | 12.5 |
| Individuals in AMD | 2009-12 | 21.5 |
| Individuals in USD | 2009-12 | 17.9 |
| Anual interests on deposits | ||
| Legal entities in AMD | 2009-12 | 7.5 |
| Legal entities in USD | 2009-12 | 6.9 |
| Individuals in AMD | 2009-12 | 9.1 |
| Individuals in USD | 2009-12 | 5.5 |
| Annual profitability | ||
| state stock of CBA, % | 2008-08 | 8 |
| fiscal stock of Armenia, % | 2009-12 | 8.9 |
| The percents of the CBA | ||
|---|---|---|
| Indicator | Term | Figures |
| Banking rate | 2010-01 | 13 |
| Repo | 2010-01 | 5.5 |
| Credit | 2010-01 | 8.5 |
| Depo | 2010-01 | 2.5 |