BTA Bank CJSC has terminated its activity and his successor is now Armeconombank, the press office of the Central Bank of Armenia told ARKA News Agency on Thursday
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Archive for August, 2016
BTA Bank terminates activity in Armenia – central bank’s decision
Thursday, August 25th, 2016Araratbank awarded excellent STP Quality Award 2015 by German Commerzbank AG
Thursday, August 25th, 2016Yerevan-based Araratbank has been awarded Excellent STP Quality Award 2015 by German Commerzbank AG for ensuring high quality money transfers via SWIFT system in 2015
Armenian insurance companies’ profits expected to double in 2016-2018
Thursday, August 25th, 2016Armenia’s insurance companies expect that their profits will be growing throughout three years and will double by late 2018, the Central Bank of Armenia says in its report ‘Possible Developments of Armenia’s Banking Sector in 2016-02018’ based on programs of prospective development of Armenian banks
Annual growth of capital of Armenian banks expected to average 22.7% at period between 2016 and 2018
Wednesday, August 24th, 2016The annual growth of the capital of Armenian banks is expected to average 22.7% at a period between 2016 and 2018, the Central Bank of Armenia says in its report ‘Possible Developments of Armenia’s Banking Sector in 2016-02018’ based on programs of prospective development of Armenian banks
VTB Bank (Armenia), Mastercard and Odnoklassniki launch new money transfer service
Tuesday, August 23rd, 2016VTB Bank (Armenia) said today that together with MasterCard international payment system and Odnoklassniki social network it has designed a ‘new simple, safe and convenient service’ for holders of MasterCard and Maestro payment cards to send money transfers from the Russian Federation to 16 countries, including Armenia
ConverseBank’s new executive director already known
Tuesday, August 23rd, 2016The new executive director of ConverseBank is Arthur Hakobyan, according to the bank’s official website
ACBA-CREDIT AGRICOLE BANK and Armenian regulator sign agreement to provide green loans to SMEs
Monday, August 22nd, 2016ACBA-CREDIT AGRICOLE BANK and the Central Bank of Armenia have signed a loan agreement as part of the Energy Efficiency for SMEs program being implemented by Germany’s KfW Bank, the press office of the bank reported on Monday
No dollar sale-purchase transactions at NASDAQ OMX Armenia stock exchange last week
Monday, August 22nd, 2016No dollar sale-purchase transactions have been effected at NASDAQ OMX Armenia stock exchange over a period between August 15 and 19, the press office of the Central Bank of Armenia reports
Over $94.4 million bought by Armenian banks last week
Monday, August 22nd, 2016Armenia’s commercial banks bought more than $94.4 million from the local foreign currency market on August 15 to 19 at the average weighted exchange rate of 474.93 drams per one USD, the Central Bank of Armenia reported on Monday
Assets of Armenia’s credit organizations increased by 6.8% in Jan-June 2016 to AMD 332.5 billion
Monday, August 22nd, 2016Aggregate assets of Armenia’s credit organizations grew 6.8% in Jan-June 2016, compared with the same period a year earlier, to AMD 332.5 billion
