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  • Archive for November, 2014

    Card transactions hike to 108.2bln in Armenia in September

    Friday, November 21st, 2014

    Total volume of all card transactions in Armenia amounted to about 108.2bln drams in September, an increase of 3.7% compared to August, reads the Central Bank of Armenia monthly information bulleting for September 2014

    Anelik Bank winner in a Armenian national bank history competition

    Friday, November 21st, 2014

    The staff of Armenia’s Anelik Bank has won the competition on history of the country’s national bank and trade unions, the bank’s press office reported

    USD value grows further against Armenia’s currency to record 417.13 drams

    Thursday, November 20th, 2014

    The average market value of USD against Armenia’s national currency has grown today by 0.76 pp from November 19 to 417.13 drams, the highest exchange rate this year, the Central Bank reported

    Armenian Central Bank’s total external liabilities in September were down 2.3% to $582.8 million

    Thursday, November 20th, 2014

    Armenian Central Bank’s total external liabilities in September 2014 stood at $582.8 million, down 2.3% from the previous month, according to the regulator’s monthly bulletin

    Private remittances to Armenia were 0.36 percent up in nine months

    Thursday, November 20th, 2014

    The amount of remittances sent to Armenia largely by labor migrants in Russia and other countries to their relatives at home through the banks grew by 0.36 percent in the first nine months of 2014

    Two Armenian banks unite their ATM chains

    Thursday, November 20th, 2014

    Two Armenian banks with the largest chains of ATMs -ACBA-CREDIT AGRICOLE BANK and VTB Bank (Armenia) – have signed a cooperation agreement enabling their cardholders to use partner bank’s ATMs without having to pay extra commission

    Gavar Orphan Home gets a training center from ACBA-CREDIT AGRICOLE BANK, Hayastan All-Armenian Fund and World Vision Armenia

    Thursday, November 20th, 2014

    YEREVAN, November 20. /ARKA/. ACBA-CREDIT AGRICOLE BANK, Hayastan All-Armenian Fund and World Vision Armenia have launched a training center at Gavar orphanage, the bank’s press office reported. Some 41 million drams was allocated for this three-year program, according to the report. The center will help over 60 orphan kids in the institution to get education […]

    Conversebank launches first in Armenia mobile banking service mConverse

    Wednesday, November 19th, 2014

    Armenian Conversebank launched November 18 the first in the country mobile banking service mConverse, the head of Conversebank’s Strategy and Business Development Department, Raffi Kasarjyan, said today at a news conference

    IFC helps FINCA expand lending to smaller businesses in Armenia, supporting growth and job creation

    Tuesday, November 18th, 2014

    IFC, a member of the World Bank Group, is providing a $3 million loan to FINCA UCO, a leading microfinance institution in Armenia, to increase access to finance for micro and small businesses

    Gold price ups 0.7 percent in Armenia to 14,273 drams per one gram

    Tuesday, November 18th, 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