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  • Archive for November 28th, 2013

    Armenian Central Bank head off to Moscow for CIS interstate bank meeting

    Thursday, November 28th, 2013

    Head of Armenia’s Central Bank, Arthur Javadyan, has left today for Moscow to attend a regular session of the CIS Interstate Bank’s Council

    Armenia’s Central Bank registers export insuring agency

    Thursday, November 28th, 2013

    The Central Bank of Armenia said today it has registered an insurance company called CJSC Export Insuring Agency. The Central Bank granted the company a license for “credit insurance.”

    Armenian banks’ lending to private companies shrinks 4.3% in 3rd Q 2013 to AMD 921.1 billion

    Thursday, November 28th, 2013

    Armenian banks reduced their lending to private companies by 4.3% in the third quarter of this year, compared with the previous quarter, to AMD 921.1 billion

    American Express cards celebrate three years of presence in Armenia

    Thursday, November 28th, 2013

    “Three years ago ACBA-CREDIT AGRICOLE BANK in partnership with American Express ® Gold issued the first American Express ® Gold cards in Armenia, making the services of this 150 year-old company available also to clients in Armenia,’ ACBA- CREDIT AGRICOLE BANK said today in a press release on the occasion of the three- year presence of American Express in Armenia

    Top ten highest salary paying Armenian banks

    Thursday, November 28th, 2013

    ARKA news agency has compiled the rating of ten Armenian banks with highest salaries in the third quarter of 2013. The list includes HSBC Bank Armenia, ACBA -CREDIT AGRICOLE BANK, Armswissbank, Areximbank – Gazprombank Group, Byblos Bank Armenia, Ameriabank, Armenian Development Bank, ProCredit Bank, Conversebank and Inecobank

    Armenian banks’ spending on training at 231.4mln drams in Q3

    Thursday, November 28th, 2013

    Training expenditures of Armenia’s commercial banks amounted to a total of 231.4 million drams as of the end of September