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  • Archive for January, 2016

    ACBA-CREDIT AGRICOLE BANK and Armenian journalists’ football team provide sports gear to children

    Friday, January 22nd, 2016

    ACBA-CREDIT AGRICOLE BANK and Armenian journalists’ football team have provided sports gear to the children’s house of Gavar town in and to a school in Khachik village, the bank’s press office reported on Friday

    Over 150 million euros invested in Armenia’s financial sector in 12 months, central bank chairman

    Friday, January 22nd, 2016

    Over 150 million euros have been invested in Armenia’s financial sector in 2015 and early 2016, the chairman of the Central Bank Arthur Javadyan said on Thursday

    Armenia expects to receive all Russian loans agreed upon with Russia

    Thursday, January 21st, 2016

    Armenia expects to receive all the Russian loans on which it has agreements with Russia, Armenian Deputy Finance Minister Pavel Safaryan told journalists on Wednesday

    Iranian Mellat Bank to step up activities in Armenia

    Thursday, January 21st, 2016

    The Yerevan-based Iranian Mellat Bank plans to increase the size of its capital to 30 billion drams to meet Armenian Central Bank’s revised requirement, the bank’s executive director Seyed Mousavi Holamreza said in an interview with local daily “Zhamanak” (Time)

    Central bank auctions 4 billion drams worth mid-term bonds

    Wednesday, January 20th, 2016

    Armenia’s Central Bank said today it had auctioned January 19 some 4 billion drams worth mid-term government bonds of AMGN36294183 issue maturing before April 29, 2018

    Interest rates on dollar deposits in Armenia’s banks down as loans up

    Wednesday, January 20th, 2016

    Interest rates on deposits kept in Armenia’s commercial banks in dollars went down in November 2015 as dollar loan interest rates went up, the Central Bank of Armenia reports

    Anelik Bank joins RIA Money Transfer system

    Wednesday, January 20th, 2016

    Anelik Bank CJSC has joined Ria Money Transfer system, the bank’s press office reported on Tuesday

    Russian ruble in Yerevan exchange offices shows unprecedented fall

    Tuesday, January 19th, 2016

    Russia’s ruble in Armenia’s exchange offices continues its downward motion

    Unibank receives over 45,000 consumer loan applications in 2015 December

    Tuesday, January 19th, 2016

    In 2015 December the Yerevan-based Unibank received more than 45,000 applications for consumer loans, a 180% rise from the year earlier. ‘Unibank continues to record growth in the volume of consumer loans and to expand its market share,” the bank said in a press release

    EBRD financed a record volume of projects in Armenia in 2015

    Friday, January 15th, 2016

    The EBRD financed a record volume of projects in Armenia in 2015, providing strong support to the country’s economy in a challenging economic environment that was affected by the regional crisis, according to a press release