Politics

Armenia among countries with high political, security risks

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--

14/11/2007 21:25



Market USD exchange rates
Market EUR exchange rates
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



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