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  • Archive for June 16th, 2016

    IMF executive board completes third review of Armenia’s extended arrangement

    Thursday, June 16th, 2016

    The Executive Board of the International Monetary Fund (IMF) completed June 15 the third review of Armenia’s performance under a three-year arrangement under the Extended Fund Facility (EFF)

    Banks’ corporate clients slash by 3,100 in one year, central bank

    Thursday, June 16th, 2016

    In 2015 Armenian banks lost 4.1 percent of their corporate clients. By the end of the year there were 76,400 of them, according to a local daily ‘Haykakan Zhamanak” (Armenian Time)

    Unibank places all 50,000 USD-denominated nominal coupon bonds

    Thursday, June 16th, 2016

    Unibank said today it has successfully placed all 50,000 USD-denominated nominal coupon bonds with the annual yield of 8%. The Yerevan-based bank announced the placement of bonds with the face value of USD100 and maturity term of 24 months on April 8

    Additional stocks issued by “Unibank” ojsc listed on NASDAQ OMX Armenia

    Thursday, June 16th, 2016

    Starting from June 15, 2016, additional issue of common nominal stocks by “UNIBANK” OJSC will be listed on NASDAQ OMX Armenia and included in the stocks’ B list

    VTB Bank (Armenia) and MasterCard announce 'Let's Fly to the Maldives' campaign

    Thursday, June 16th, 2016

    VTB Bank (Armenia) and the international payment system MasterCard have announced the launch of a joint campaign, designed to encourage cashless payments. The grand prize is a trip for two to the Maldives, the bank said a press release today

    Central depositories of Armenia and Belarus launch bilateral interaction channel

    Thursday, June 16th, 2016

    “Central Depository of Armenia” OJSC and the Central Depository of Belarus, Republican Unitary Enterprise “Republican Central Securities Depository” (CDB) concluded an agreement on opening of bilateral nominee accounts

    Armenian banking plastic cards used outside the country to make about 5.75 billion drams worth transactions in 2016 April

    Thursday, June 16th, 2016

    Plastic cards issued by Armenian commercial banks were used outside the country to make about 5.75 billion drams worth transactions in 2016 April, a 4.2% drop from the previous month, according to Central Bank’s bulletin. The number of transactions fell by 7 percent to 161,300