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  • Archive for August, 2015

    IPM research study finds VTB Bank (Armenia) as most recognizable in country

    Wednesday, August 26th, 2015

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

    Armenian Central Bank resorts to covered intervention totaling $20 million - Newspaper

    Wednesday, August 26th, 2015

    On Tuesday, the Central Bank of Armenia carried out a covered intervention totaling $20 million, Haykakan Zhamanak (Armenian Time) reports

    Anelik bank introduces Hotel Express Visa Gold cards

    Tuesday, August 25th, 2015

    Anelik Bank has introduced a new type of combined Hotel Express VISA Gold cards, enabling their holders to make safe and pleasant trips

    Armenian credit organizations report 28% rise in their net profit in quarter two

    Tuesday, August 25th, 2015

    The net profit of 32 credit organizations operating in Armenia in the second quarter of the year stood at about 4.99 billion drams, an increase of 28.3% year-on-year

    Upgraded ACBA ON-LINE service has new function

    Tuesday, August 25th, 2015

    ACBA CREDIT AGRICOLE BANK said today one of its services- ACBA ON-LINE – has been upgraded to allow all the customers using this service to make money transfers from their card accounts

    ACBA-CREDIT AGRICOLE BANK accepting applications for certification of organic agricultural products

    Tuesday, August 25th, 2015

    ACBA-CREDIT AGRICOLE BANK, jointly with the Nature and Biodiversity Conservation Union (NABU) of Germany, is implementing the free of charge ‘Program on Certification of Organic Agricultural Products’, the press office of the bank reported on Tuesday

    Dollar jumps 5.73 points against Armenian dram as euro soars 16.56

    Monday, August 24th, 2015

    The US dollar leapt 5.73 percentage points against the Armenian national currency on Monday and traded at 483.43 drams, on average, at Armenia’s forex market

    VTB Bank (Armenia) customers can use Anelik money transfer system to send or receive money

    Monday, August 24th, 2015

    VTB Bank (Armenia) said today that its customers can use Anelik money transfer system to receive and send money directly to Visa cards

    CB expects Armenia’s GDP growth to range between 2.7% and 2.9% for first half of 2015

    Monday, August 24th, 2015

    The Central Bank of Armenia (CBA) is expecting the country’s GDP growth to range between 2.7% and 2.9% for the first half of this year, according to CBA’s inflation report based on the monetary-credit policies program

    Areximbank-Gazprombank Group to increase lending to SME by 1 billion drams

    Monday, August 24th, 2015

    Areximbank-Gazprombank Group is planning to increase its small and midsized enterprise (SME) financing by another million drams, the bank’s press office reported