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  • Archive for December 28th, 2015

    VTB Bank (Armenia) named "The Best Bank of Armenia in 2015" by Gallup International Association

    Monday, December 28th, 2015

    The Russian-owned VTB Bank (Armenia) was named “The Best Bank of Armenia in 2015” by the Gallup International Association, based on the findings of a survey it had conducted in November across the country

    Armenian central bank auctions 0.5 billion drams short-term government bonds

    Monday, December 28th, 2015

    Armenia’s Central Bank said it has auctioned today 500 million drams worth short-term government bonds of AMGT13283161 series maturing before March 28, 2016

    EBRD and Sukiasyan brothers will remain major shareholders of Armeconombank after its merger with BTA Bank in Armenia

    Monday, December 28th, 2015

    The European Bank for Reconstruction and Development (EBRD) and the Sukiasyan brothers will remain major shareholders of Armenian Armeconombank after its merger with BTA Bank in Armenia is formalized, one of the brothers, Saribek, said in an interview with “Hraparak” daily

    Deposits in Armenian banks grew by 9 percent in 12 months

    Monday, December 28th, 2015

    The total amount of deposits in Armenian banks grew by 9% in the outgoing year, the chairman of the Central Bank Artur Javadyan said last Friday. According to him, the growth was secured by a rise in private deposits, which he said is an indication of financial stability