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  • Archive for September 2nd, 2014

    Study finds VTB Bank (Armenia) most recognizable in the country

    Tuesday, September 2nd, 2014

    A study conducted by the IPM Research in Armenia’s capital city of Yerevan and four major cities found the Russia-owned VTB Bank (Armenia) to be the most recognizable bank across the country, the bank said in a press release today

    Kamurj credit organization cuts interest rates for border regions

    Tuesday, September 2nd, 2014

    Kamurj universal credit organization said today it will provide residents of Armenian border regions with loans at lower rates

    Central Bank auctions 0.5 billion drams worth short-term government bonds

    Tuesday, September 2nd, 2014

    The Central Bank of Armenia said today it had auctioned September 2 some 500 million drams worth short-term government bonds of AMGT52318159 issue with a maturity of 52 weeks

    Anelik Bank joins Sigue Money Transfer system

    Tuesday, September 2nd, 2014

    Armenia-based Anelik Bank said today it has joined the Sigue Money Transfer system, formerly known as CoinStar

    Overdue loans at Armenia’s commercial banks rise 2.5% to AMD 26.3 billion in July

    Tuesday, September 2nd, 2014

    Overdue loans at Armenia’s commercial banks totaled AMD 26.3 billion in late July after increasing by 2.5% over the month and made up 1.41% of their aggregate loan portfolio, National Statistical Service reports