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    April 2017
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  • Archive for April 18th, 2017

    Unibank offers gold-secured loans at profitable terms

    Tuesday, April 18th, 2017

    The Yerevan-based Unibank said today it offers gold-secured loans starting from 19% per annum interest rates. According to a bank’s press release, the largest loan amount is 2 million drams repayable within 36 months

    Armenian banks bought $72.5 million last week

    Tuesday, April 18th, 2017

    Armenian commercial banks bought a total of $72.5 million from the local intra-bank foreign currency market from April 10 to 14, the Central Bank reported today saying also that the weighted average exchange rate was 485.35 drams for $1

    Armeconombank and SIL Insurance recognized by central bank as joint financial group

    Tuesday, April 18th, 2017

    The Central Bank of Armenia has qualified Armeconombank OJSC and SIL Insurance CJSC as a financial group – SIL Multifunctional Financial Group

    Banks’ investments make up 80% of total amount in Armenia – finance ministry

    Tuesday, April 18th, 2017

    Around 80% of investments in securities in Armenia are banks’ investments, and this is not so good, Arshaluys Margaryan, chief of the Armenian finance ministry’s division in charge of public debt management, told journalists on Friday