Last week a delegation of Eurasian Development Bank (EDB) headed by Chairman of the Management Board Dmitry Pankin had negotiations with the Eurasian Bank for Reconstruction and Development (EBRD) on expanding cooperation between the two institutions in project activities
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Calendar
Archive for December, 2015
EDB and EBRD sign a memorandum of understanding
Wednesday, December 23rd, 2015Expansion of U.S. sanctions against Russian individuals and entities will have no impact on VTB Bank (Armenia) customers
Wednesday, December 23rd, 2015The U.S decision to substantially expand its sanctions against individuals and entities in Russia, including sectoral sanctions, will have no impact on VTB Bank (Armenia) customers, the Yerevan-based bank said today in a statement
Armenian regulator cut basic rate by 1 percentage point to 8.75%
Tuesday, December 22nd, 2015Armenia’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, 2015Armenian 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, 2015Armenia’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, 2015The 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, 2015Armenian 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, 2015VTB 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, 2015At 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”
U.S. dollar drops by 1.55 points over Armenian dram
Monday, December 21st, 2015The average market value of US dollar has dropped today further by 1.55 4 points over the Armenian national currency from December 18 to 479.49 drams, the Central Bank said
