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  • Archive for March, 2016

    VTB Bank (Armenia) ATMs can be used to pay Rostelecom's bills

    Friday, March 11th, 2016

    VTB Bank (Armenia) said today its ATMs across the country can be used to pay the bills for Rostelecom communications company’s services

    Armenia’s central bank auctions 5 billion drams worth mid-term government bonds

    Friday, March 11th, 2016

    Armenia’s Central Bank said it had auctioned on March 10 some 5 billion drams worth mid-term government bonds of AMGN36294183 series maturing before April 29, 2018

    Gold price in Armenia rises to 17,853 drams per one gram

    Thursday, March 10th, 2016

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry

    Armenia-based insurance companies collected 17.2 billion drams in 2015 as premiums for mandatory insurance of vehicles

    Thursday, March 10th, 2016

    Six Armenia-based insurance companies collected a total of 17.2 billion drams in 2015 as premiums for mandatory insurance of vehicles and paid 8.5 billion drams in damage compensation claims

    Areximbank - Gazprombank Group offers 8 gifts to women

    Thursday, March 10th, 2016

    Areximbank – Gazprombank Group has launched a campaign called ‘8 Gifts by March 8’ on the occasion of women’s day, the press office of the bank reported on Wednesday

    Non-performing loans grown more than twice in Armenia in 2015

    Thursday, March 10th, 2016

    Non-performing loans soared from 3.7 percent at the beginning of 2015 to above 9 percent towards the end of the year

    Credit portfolios of Armenian banks' branches in NKR 6.1% higher from year ago

    Wednesday, March 9th, 2016

    On March 1, 2016 the combined credit portfolios of Armenian banks’ branches in the Nagorno-Karabakh Republic (NKR) were 6.1% higher from the year ago

    World Bank says Armenia’s 2016 growth to remain sluggish at 2.5 percent

    Wednesday, March 9th, 2016

    Armenia’s GDP growth slowed to 3.0 percent in 2015 in light of the weakening external conditions, in particular Russia’s recession

    ACBA-CREDIT AGRICOLE BANK to conduct next business training for representatives of SMEs on May 24-27

    Wednesday, March 9th, 2016

    ACBA-CREDIT AGRICOLE BANK said today it will conduct the next business training for representatives of SMEs on May 24-27

    Private remittances sent to Armenia in two months of 2016 grew by 3.4% to $165 million

    Friday, March 4th, 2016

    Private remittances sent to Armenia via banks in the first two months of 2016 grew by 3.4% from the year before to $165 million, the Central Bank said today