Armenian Converse Bank has opened today a new, 34th branch in the town of Ashtarak, the administrative center of Ararat province. The new branch meets the best standards of providing modern banking services. It is furnished with modern equipment and qualified employees, the bank said in a press release
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Archive for March, 2013
Converse Bank opens new branch in Ashtarak
Tuesday, March 26th, 2013Head of Bank of Cyprus resigns
Tuesday, March 26th, 2013The chairman of the Bank of Cyprus, Andreas Artemis, has filed his resignation, local news agencies reported. Earlier today Cyprus’ Central Bank has confirmed that all Cypriot banks will remain closed until Thursday, RBC reported citing BBC
Fitch downgrades Cyprus' two largest banks: Foxbusiness
Tuesday, March 26th, 2013Ratings firm Fitch Ratings has downgraded the two largest Cypriot banks following the agreement Cypriot authorities reached with European Union authorities on Monday morning, Foxbusiness reported Tuesday
Cyprus: Big depositors face cut of 40%, minister tells BBC
Tuesday, March 26th, 2013Cyprus’s finance minister has confirmed that Cypriot depositors with less than 100,000 euros in their accounts “will not be hit”
Net transfer inflow to Armenia rose by 20% to 166.7bln drams in Q4
Tuesday, March 26th, 2013Net money transfer inflow to Armenia grew by 20% up to 166.7bln drams in Q4 of 2012, as compared to the same period of the year before, says the 2012 4th quarter bulletin of the country’s Central Bank
Cyprus' banks to remain closed until Thursday, the associated press reported
Tuesday, March 26th, 2013Cyprus ordered banks to remain closed for two more days over fears of a run by customers trying to get their money out, after striking a pre-dawn bailout deal Monday that averted the country’s imminent bankruptcy
The number of Converse Bank plastic cards increase 90 percent in 2012
Monday, March 25th, 2013The number of plastic cards, issued by Armenian Converse Bank to its customers in 2012 increased by 90% from the previous year to a total of 100 thousand, according to its chief executive officer Tigran Davtian
Total assets of seven Armenian insurance companies grew last year by 35 percent to over 38. 3 billion drams
Monday, March 25th, 2013The combined total assets of seven Armenian insurance companies grew last year by 35 percent from 2011 to over 38. 3 billion drams, according to the Bulletin of the Central Bank ofArmeniafor the 4th quarter of 2012.
Short-term Government treasury bonds worth 1.5bln drams issued Armenia’s Central Bank
Monday, March 25th, 2013Armenia’s Central Bank placed short-term government treasury bonds of AMGT13246135, AMGT26239135 and AMGT3923C133 series worth a total of 1.5bln drams (500mln drams each) on March 25, the Bank’s press service reported. The redemption period is 13 weeks, 26 weeks and 39 weeks respectively
Gold price rises in Armenia
Monday, March 25th, 2013The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week. The new prices are for one gram of chemically pure metals
