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  • Archive for August, 2017

    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

    Armenian banks’ expenses on advertisement grew to 1.8 billion drams in first half

    Tuesday, August 15th, 2017

    In the first half of 2017 expenses of 17 Armenia-based commercial banks’ on advertisement and representation increased by 8% from the year before to 1.8 billion drams, ARKA news agency has found out after analyzing the banks’ financial reports

    Banks’ investments in government bonds in Armenia shrink 3.8% to AMD 388.4 billion in June

    Monday, August 14th, 2017

    Banks’ investments in government bonds in Armenia totaled AMD 388.4 billion in late June after shrinking 3.8% over the month, the Central Bank of Armenia reports

    Gold price in Armenia down to 17, 935.87 drams per one gram

    Monday, August 14th, 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 August 7 to 13, 2017. The new prices were for one gram of chemically pure metals

    Around $78.6 million bought by Armenian banks last week

    Monday, August 14th, 2017

    Armenia’s commercial banks bought around $78.6 million from the local foreign currency market on July 28 to August 4 at the average weighted exchange rate of 477.99 drams per one USD, the Central Bank of Armenia reported on Monday

    Pan-Armenian Bank transformed into investment fund

    Monday, August 14th, 2017

    The Yerevan-based Pan-Armenian Bank has been transformed into an investment fund, the press service of the Armenian Central Bank reported today

    Inflation expected to continue growing in Armenia in 2nd H 2017 - Eurasian Development Bank

    Friday, August 11th, 2017

    Inflation rate is expected to continue rising in Armenia in the second half of 2017 in absence of inside and outside shocks, economists at the Eurasian Development Bank say in their quarterly macroeconomic report

    VTB Bank (Armenia) joins EarlyOne queue management system

    Thursday, August 10th, 2017

    VTB Bank (Armenia), which has the largest branch network in Armenia – 67 branches, has become one of the country’s first banks to join EarlyOne remote queue management system, the bank’s press office reported on Tuesday

    Unibank to secure card transactions via 3D Secure/ Secure code technology

    Thursday, August 10th, 2017

    Unibank will ensure security to card transactions via 3D Secure/ Secure code technology, the press office of the bank reported on Thursday