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    August 2017
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  • Archive for August 16th, 2017

    VTB Bank (Armenia) and MasterCard to issue PayPass cards

    Wednesday, August 16th, 2017

    VTB Bank (Armenia) is the first bank in the country to issue MasterCard PayPass contactless payment cards. “The unique technology of PayPass is one of the most modern

    ACBA-CREDIT AGRICOLE BANK to make first placement of $5 million worth bonds

    Wednesday, August 16th, 2017

    ACBA-CREDIT AGRICOLE BANK said today it will commence the initial placement of $5 million worth bonds on August 18. According to a press release, the bank will place a total of 50,000 coupon non-documentary bonds with a face value of $100, 5.5% yield and 30- month maturity period

    ARKA releases fresh issue of its “Credit Organizations of Armenia” bulletin

    Wednesday, August 16th, 2017

    ARKA news agency has released its economic and financial bulletin – “Credit Organizations of Armenia” for the second quarter of 2017. This product is published once a quarter and is compiled based on officially published financial reports of credit organizations (CO)

    Unibank's Garegin Nzhdeh branch relocated to Yerevan Mall trade center

    Wednesday, August 16th, 2017

    The Yerevan-based Unibank said today its Garegin Nzhdeh branch has been relocated and will be working without days off

    Armenia’s central bank keeps refinancing rate unchanged at 6 percent

    Wednesday, August 16th, 2017

    Armenia’s Central Bank said today it decided to keep the refinancing rate unchanged at 6%. It said the 12-month inflation as of July 1 was 1.1%, by 0.3 percentage points more than projected by the regulator