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  • Archive for October, 2016

    VTB Bank (Armenia) offers preferential servicing package 'People and Actions'

    Thursday, October 20th, 2016

    VTB Bank (Armenia), offers a package program of preferential servicing called ‘People and Actions’ to the personnel of large segments’ organizations, taking into account peculiarities of their activities, the press office of the bank reports

    Armenia to criminalize creation of financial pyramids

    Wednesday, October 19th, 2016

    Armenia’s parliament passed today in the first reading a string of amendments to the Criminal Code criminalizing the creation and management of financial pyramids

    Converse Bank launches new payment portal

    Wednesday, October 19th, 2016

    Adhering to the policy of transforming Converse Bank into a leading technological bank, as well as continuing the strategy of shifting provision of banking services to electronic platforms

    Unibank’s registered equities moved to NASDAQ OMX Armenia stock exchange’s main list

    Wednesday, October 19th, 2016

    Unibank OJSC’s registered equities have been moved from NASDAQ OMX Armenia stock exchange’s Secondary List (B) to Main List (A), the bank’s press office reported on Wednesday

    Dutch Development Bank (FMO) and ACBA-CREDIT AGRICOLE BANK sign USD 15 million loan agreement to boost Armenia’s SME and agriculture

    Tuesday, October 18th, 2016

    The Dutch Development Bank (FMO) and Armenia-based ACBA-CREDIT AGRICOLE BANK have signed a loan agreement to the tune of USD 15 million

    No dollar sale-purchase transactions at NASDAQ OMX Armenia stock exchange last week

    Tuesday, October 18th, 2016

    No dollar sale-purchase transactions have been effected at NASDAQ OMX Armenia stock exchange over a period between October 10 and 14, the press office of the Central Bank of Armenia reports

    Over $87.1 million bought by Armenian banks last week

    Tuesday, October 18th, 2016

    Armenia’s commercial banks bought more than $87.1 million from the local foreign currency market on October 10 to 14 at the average weighted exchange rate of 474.86 drams per one USD, the Central Bank of Armenia reported on Monday

    Tosunyan: Armenia’s banking sector seems highly resistant to possible shocks

    Monday, October 17th, 2016

    Armenia’s banking system seems highly resistant to possible shocks, Garegin Tosunyan, the president of the Association of Russian Banks, told ARKA News Agency on Friday

    Russia’s Sberbank has no intention to enter Armenian market

    Monday, October 17th, 2016

    Russia’s Sberbank (Savings Bank) has no intention so far to enter Armenian market, German Gref, chairman of the bank’s executive board, told ARKA News Agency

    Unibank enlarges opportunities for online loan applications

    Friday, October 14th, 2016

    The Yerevan-based Unibank said today that applications for receiving consumer loans U-Cash, provided in Armenia’s national currency, the dram, can be made online as well, without visiting the bank