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  • Archive for July, 2017

    ACBA-CREDIT AGRICOLE BANK launches third organic agriculture development program

    Tuesday, July 25th, 2017

    Armenia-based ACBA-CREDIT AGRICOLE BANK together with the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, launched July 24 the third free program called “Development of Organic Agriculture”

    Modernization of ATMs for new banknotes to take no much money – Armenian central bank

    Tuesday, July 25th, 2017

    Modernization of ATMs of Armenia’s commercial banks will need no considerable financial resources when new banknotes appear, David Nahapetyan, Secretary General of the Central Bank of Armenia, said in an interview with Novosti-Armenia

    Gold price in Armenia down to 17,239.49 drams per one gram

    Monday, July 24th, 2017

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from July 17 to July 23, 2017

    Around $91.9 million bought by Armenian banks last week

    Monday, July 24th, 2017

    Armenia’s commercial banks bought around $91.9 million from the local foreign currency market on July 17 to 21 at the average weighted exchange rate of 477.86 drams per one USD, the Central Bank of Armenia reported on Monday

    VTB Bank (Armenia) starts providing pension statements via ATMs

    Thursday, July 20th, 2017

    VTB Bank (Armenia) has launched a new service – it will provide pension statements via all its ATMs, the press office of the bank reported on Thursday

    Ranking of most profitable commercial banks of Armenia for 2nd q 2017

    Wednesday, July 19th, 2017

    YEREVAN, July 18. /ARKA/. ARKA News Agency is publishing the ranking of the most profitable commercial banks of Armenia for the second quarter 2017. The aggregate net profits of Armenia’s all banks have grown 48.6% from AMD 12.8 billion in Jan-June 2016 to AMD 19 billion in the same period of 2017. According to quarterly […]

    VTB Bank (Armenia) clients can make bank transactions via Easy Pay terminals

    Wednesday, July 19th, 2017

    VTB Bank (Armenia) gives its clients – legal entities and private entrepreneurs – an opportunity to enjoy a simple way to make bank transactions via Easy Pay payment network, the bank’s press office reported on Tuesday

    Net profits of Armenia’s all banks grow 48.6% in Jan-June 2016

    Tuesday, July 18th, 2017

    The aggregate net profits of Armenia’s all banks have grown 48.6% from AMD 12.8 billion in Jan-June 2016 to AMD 19 billion in the same period of 2017

    Armenian entrepreneurs prefer bank deposits to investment in real economy – economist

    Tuesday, July 18th, 2017

    Armenian business people prefer bank deposits to investment in the real economy, Artak Manukyan, an economist, told reporters on Monday

    Armenia’s gross international reserves grow 1.72% to $2016.5 million in June 2017

    Tuesday, July 18th, 2017

    Armenia’s gross international reserves totaled $2016.5 million in June 2017 after growing 1.72% or by $34.3 million over one month