Armenia is 70th among 149 countries in Global Financial Integrity Organization’s ‘Illicit Financial Flows from Developing Countries: 2004-2013’ reports
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Archive for December 11th, 2015
Annual illicit financial flows from Armenia amount to $983 million
Friday, December 11th, 2015Fitch: negative outlook for Armenian banks in 2016
Friday, December 11th, 2015Fitch Ratings downgraded its outlook for Armenian banks in 2016 to negative
Unibank is first bank in Armenia to carry out stock IPO at NASDAQ OMX Armenia
Friday, December 11th, 2015Unibank is planning ordinary stock IPO at NASDAQ OMX Armenia stock exchange, the bank’s press office reports
World Bank to lend $50 million to Armenia for enhancement of its competitiveness and sustainability
Friday, December 11th, 2015The World Bank Board of Executive Directors approved today a US$50 million loan for the Third Development Policy Financing (DPF-3) for Armenia to support a wide range of reforms promoting fiscal, social and environmental sustainability and strengthening competitiveness, the press office of the World Bank reports
VTB Bank (Armenia) providing new service via BEST payment system
Friday, December 11th, 2015VTB Bank (Armenia) jointly with Best payment system has launched a new money transfer service
Inecobank purchases 100% of ProCredit Bank's shares
Friday, December 11th, 2015Inecobank has bought 100% of ProCredit Bank, a subsidiary of ProCredit Holding AG & Co. KGa A
