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  • Archive for August, 2014

    Top managers of banks and financial organizations discuss development of financial and banking sector

    Friday, August 29th, 2014

    Top managers of Armenian banks and Armenia-based international financial organizations met yesterday to discuss a wide range of issues and problems, which are important in terms of further development of the country’s financial and banking sector

    Summer season at VTB Bank (Armenia) supported inclusive camp comes to the end

    Friday, August 29th, 2014

    The summer season was officially closed at holiday home “Helen” for challenged children in Stepanavan on Thursday, the press office of VTB Bank (Armenia) reported

    ACBA-CREDIT AGRICOLE BANK improves its education loan terms

    Friday, August 29th, 2014

    ACBA-CREDIT AGRICOLE BANK has improved the terms of its student loans, the bank’s press office told ARKA

    Lenders in Armenia to be not allowed to change contractual interest rate more than twice a year

    Thursday, August 28th, 2014

    Lenders in Armenia will be not allowed to change the interest rate mentioned in the contract more than twice a year, Armenian Deputy Finance Minister Pavel Safaryan said Thursday at a regular Cabinet meeting where the ministers approved the National Assembly’s proposal to amend the country’s civil code and consumer lending law

    Clients of VTB Bank (Armenia) may formalize standing payment order for paying Beeline services

    Wednesday, August 27th, 2014

    VTB Bank (Armenia), extending its cooperation with Beeline, has made a new offer to its clients who have card or bank accounts here.

    Gold buying price fell by 1.7% to 15,574.57 drams in Armenia

    Wednesday, August 27th, 2014

    The 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

    S&P 500 scores first close above 2,000: Reuters

    Wednesday, August 27th, 2014

    U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy

    Anelik Bank offers new type of card loans - SIMPLY-QUICKLY EXPRESS

    Tuesday, August 26th, 2014

    Anelik Bank, continuing improvement of its lending, offers SIMPLY-QUICKLY EXPRESS, a new type of card loans, to its clients, the bank’s press office reports

    ACBA CREDIT AGRICOLE BANK announces unprecedented contest American Express Cashback Quest

    Tuesday, August 26th, 2014

    ACBA-CREDIT AGRICOLE BANK has announced the launch of an unprecedented contest American Express CASHBACK QUEST

    Armenian banks’ average return on assets index at 1.22% in Q2

    Tuesday, August 26th, 2014

    Armenia-based commercial banks’ average return on assets (ROA) index, showing a company’s efficiency in making profits from its assets, was 1.22 in the second quarter of this year, as compared to 1.21% at the end of Q1, according to the findings of an analysis by ARKA news agency