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  • Archive for December 20th, 2016

    Armenian central bank approves merger of Armenian Development Bank and Araratbank

    Tuesday, December 20th, 2016

    The Central Bank of Armenia has approved a merger agreement concluded by the Armenian Development Bank and Araratbank. The Central Bank registered the agreement on 15th of December

    ACBA Leasing and Caterpillar sign memorandum of cooperation

    Tuesday, December 20th, 2016

    ACBA Leasing, Zeppelin Armenia (the official representative of Caterpillar company in Armenia) and Caterpillar Financial have signed a tripartite memorandum of cooperation in the framework of which the parties will offer customers in Armenia more favorable terms for the acquisition of CAT machines through ACBA Leasing

    Immovable property worth $700 million frozen at Armenia’s banks

    Tuesday, December 20th, 2016

    Immovable property worth $700 million is frozen at Armenia’s banks, Gagik Makaryan, head of the Union of Employers of Armenia, told journalists on Monday