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  • Archive for April, 2012

    Armenian Card company issues more than 38,400 cards in March

    Thursday, April 19th, 2012

    Armenia’s ArCa payment system issued 38,444 plastic cards in March 2012

    BANK VTB (ARMENIA) launches new atm geo-location service

    Thursday, April 19th, 2012

    The Russian-owned Bank VTB (Armenia) said it has launched a new service

    ADB offers new disocunst to hodlers of MASTERCARD and ARCA cards

    Thursday, April 19th, 2012

    The Armenian Development Bank (ADB) has announced a new string

    VTB Bank (Armenia) to give press conference on retail business development

    Thursday, April 19th, 2012

    VTB Bank (Armenia) and Bank VTB 24 will give a joint press conference on the Bank’s retail business development in Armenia

    VTB Bank (Armenia) to continue investing in mining sector of Armenia

    Thursday, April 19th, 2012

    VTB Bank (Armenia) CJSC will continue investing in mining sector of Armenia, VTB Bank (Armenia) Acting General Director

    Armenian banks should focus on AMD lending,: Union of Banks Head

    Thursday, April 19th, 2012

    Armenian banks should focus on lending in Armenian dram due to high currency risk raised by national currency devaluation.

    Dollar adds 0.29 points against Armenian dram

    Wednesday, April 18th, 2012

    Dollar adds 0.29 points against Armenian dram.

    Anelik system posts 21 percent rise in first quarter remittances

    Wednesday, April 18th, 2012

    Anelik bank said the amount of remittances handled by its Anelik money transfer system surged by 21 percent in the first quarter of this year from a year earlier to $200 million

    Diners Club International enters Armenian market

    Wednesday, April 18th, 2012

    One of the worldwide leading payment systems Diners Club International will enter Armenian market in the nearest future, the head of the Union of Banks of Armenia Ashot Osipyan said

    Average rates on AMD loans slip 0.15 p. p. to 16.9 % in March

    Wednesday, April 18th, 2012

    The average interest rate on loans in Armenian drams dropped by