ARKA News Agency – 08/05/2004

ARKA News Agency
Aug 5 2004

Handing of memory badge `15 Years Since Earthquake in Armenia’ takes
place in Russian Embassy to Yerevan

75 graduates of children’s homes in Armenia to be provided with
housing in 2004

Head of Cba Tigran Sargsyan leaves for Kiev today

Cultural arrangements to be held in Nagorno Karabakh in frames of One
nation, one culture festival

A memorable silver coin devoted to the plays of Football- 2006 World
Cup to be put in circulation in Armenia from September 1, 2004

ARKA News Agency publishes a quarterly bulletin `Activity Indicators
of Banks of Armenia’ by the results of Q2, 2004

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HANDING OF MEMORY BADGE `15 YEARS SINCE EARTHQUAKE IN ARMENIA’ TAKES
PLACE IN RUSSIAN EMBASSY TO YEREVAN

YEREVAN, August 5. /ARKA/. Handing of memory badge `15 Years Since
Earthquake in Armenia’ took place in Russian Embassy to Yerevan.
According to RF Ambassador to Armenia Anatoly Drukov, the badge is
handed to active participants of rescue and restoration works in
disaster area. According to him, the award was instituted by
Organization Committee on Conduction of Activities dedicated to 15
years since earthquake in Armenia, created in 2003 in Russia and
headed by Nikolay Ryjkov. Drukov added that today’s handing is a
symbol of indissoluble bonds of friendship between the two people.
Deputy Chairman of the Committee, Director General of Interstroy
Development Vardkes Artsruni in his turn said that he was surprised
how deep and warm did they welcome this date in Russia.
He said that the organization committee issued 20-25 minute film
dedicated to this occasion, with memories of the participants of the
rescue works and shots of the tragedy.
Memory badge `15 Years Since Earthquake in Armenia’ was handed to 80
people, including RF Ambassador to Armenia Anatoly Drukov, his son
who participated in rescue works in Vanadzor and President of RA
National Science Academy Fadey Sargsian, the Governor of Lori Region
Genrik Kochinian and others. L.D. –0–

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75 GRADUATES OF CHILDREN’S HOMES IN ARMENIA TO BE PROVIDED WITH
HOUSING IN 2004

YEREVAN, August 5. /ARKA/. 75 graduates of children homes in Armenia
will be provided with housing in 2004, RA Deputy Minister of Labor
and Social Issues Ashot Yesayan stated today. According to him, the
program includes all graduates of Armenian children homes starting
with 1992. He said that as of 2003 housing problem was settled for 35
of them, the rest 180 graduates will receive homes in 2005. He also
added that it was possible to settle the housing problem for most of
the children in 2004, however due to growth of prices on real estate
their number made only 75.
As Yesayan stated earlier, donor assistance to Armenia in the frames
of program of assistance to children in 2004 to make about $2
million.
There are 1150 children living in 8 state and 4 charity children
homes in Armenia. L.D. –0–

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HEAD OF CBA TIGRAN SARGSYAN LEAVES FOR KIEV TODAY

YEREVAN, August 5. /ARKA/. The Head of RA CB Tigran Sargsyan today
left for Kiev upon the invitation of Sergey Tigipko, Head of CB of
the Ukraine. According to the CBA Press Service Department it is
presumed that Heads of Central Banks will sign an agreement on
cooperation in area of control overcredit organizations on August 6.
The sides will also discuss the policies of both Central Banks
related to monetary and credit, currency spheres concerning the
issues of banking activities and bank control regulation. The
Armenian delegation will also have meetings with Alexander Sugonyako,
President of Ukraine Bank Association. The RA CB delegation consists
of Heads of bank control, juridical, bank methodology, monetary and
credit policy departments, as well as Samvel Chzmatchyan, Head of
Union of Armenian Banks and directors of Armeniancommercial banks.
L.V. –0–

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CULTURAL ARRANGEMENTS TO BE HELD IN NAGORNO KARABAKH IN FRAMES OF ONE
NATION, ONE CULTURE FESTIVAL

STEPANAKERT, August 5. /ÀÐÊÀ/. Various cultural arrangements will
take place in NKR in frames of One nation, one culture festival which
will start on August 15 in Yerevan. As the own reporter of ARKA
agency in Stepanakert informs, 1500 representatives of Armenian
Diaspora will arrive in Armenia to particiupate in the festival. The
aim of the festival is the strengthening of cultural links between
Armenia and Diaspora, a single presentation of Armenian culture,
creation of mechanisms for effective cooperation. The festival will
start with gala – performance in National Academic Opera and Ballet
Theatre after Spendiarov in Yerevan and will accomplish with a
concert on Republic Square on August 22. More than 1500 Armenian
cultural figures from Armenia, Nagorno Karabakh, France, Austria,
Great Britain, the USA, Syria, Lebanon, Iran, Russia, Georgia and
Kazakhstan.
The festival is held by the Ministry of Culture and Youth, Armenia
pan-Armenian Fund and One nation, one culture Foundation under the
high patronage of RA President. L.V.–0–

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A MEMORABLE SILVER COIN DEVOTED TO THE PLAYS OF FOOTBALL- 2006 WORLD
CUP TO BE PUT IN CIRCULATION IN ARMENIA FROM SEPTEMBER 1, 2004

YEREVAN, August 5. /ARKA/. A memorable silver coin, devoted to the
plays of Football- 2006 World Cup, will be put in circulation in
Armenia from September 1, 2004. According to CBA press service
department, such a decision was made on the session of CBA Board on
August 4, 2004. The nominal price of the coin is AMD 100. A.H –0 –

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ARKA NEWS AGENCY PUBLISHES A QUARTERLY BULLETIN `ACTIVITY INDICATORS
OF BANKS OF ARMENIA’ BY THE RESULTS OF Q2, 2004

YEREVAN, August 5. /ARKA/. ARKA News Agency published a quarterly
bulletin `Activity Indicators of Banks of Armenia’ by the results of
Q2, 2004. The bulletin is compiled on the base of financial reports
of banking organisations published in the press, as well as on
additional information provided by banks. ARKA is grateful to all
banks that shared additional information of their activities.
The bulletin consists of 70 pages of information on banks’ activity
indicators in tables and contain 9 main sections characterising the
banking sector: 1.Geberal Characteristics of Banks. 2. Assets. 3.
Liabilities. 4. Active and Passive Operations of Banks with
non-Residents. 5. Capital. 6. Profit/ Negative Profit. 7. Information
about Cash Flow. 8. Liquidity and Capitalisation Level. 9. Indicators
of Profitability of Banks.
The information in the Bulletin allows having general idea of the
financial state of RA Banks and carrying out comparative analysis of
their activity.
ARKA News Agency is the first agency in Armenia that began publishing
quarterly bulleting `Activity Indicators of Banks of Armenia’ from
1999. A.H. –0–