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  • Archive for December 22nd, 2015

    Armenian regulator cut basic rate by 1 percentage point to 8.75%

    Tuesday, December 22nd, 2015

    Armenia’s Central Bank on Tuesday cut the refinancing rate by 1 percentage point to 8.75%, saying also the inflation in 2015 November dropped to 0.6% from 1.3% in 2014 November, making the 12-month inflation in 2015 November 1.2%

    Araratbank signs $10 million loan agreement with German DEG

    Tuesday, December 22nd, 2015

    Armenian Araratbank said today it has signed a $10 million loan agreement with German investment company DEG-DEUTSCHE INVESTITIONS UND ENTWICKLUNGSGESELLSCHAFT MBH (DEG)

    Armenia’s central bank cuts key rate e by 1 percentage point to 8.75%

    Tuesday, December 22nd, 2015

    Armenia’s Central Bank on Tuesday decided to reduce the refinancing rate by 1 percentage point to 8.75%

    Unibank offers lucrative terms for deposits in Armenian drams and US dollars

    Tuesday, December 22nd, 2015

    The Yerevan-based Unibank said today individuals and legal entities that prefer to keep their savings in Armenia’s national currency, the dram, or Russian rubles, may sign contracts for AMD/RUR deposits

    Ardshinbank wins first Armenian intellectual quiz festival

    Tuesday, December 22nd, 2015

    Armenian Ardshinbank’s team was named the winner of the first festival of intellectual quizzes of financial institutions, beating in the final quiz the team of VTB Bank (Armenia)

    VTB Bank (Armenia) introduces new services of vehicle owners

    Tuesday, December 22nd, 2015

    VTB Bank (Armenia) said today it has introduced a new service designed specifically for owners of vehicles enabling them to monitor online their back property taxes

    Armenian parliament revises laws to encourage arrival of institutional investors

    Tuesday, December 22nd, 2015

    At an extraordinary meeting on Monday the Armenian parliament passed in the second and final reading an array of amendments to the laws “On the Securities Market” and “On Joint Stock Companies”