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  • Archive for September, 2017

    ACBA-CREDIT AGRICOLE BANK conducts free trainings for hotel businesses in Gyumri

    Friday, September 29th, 2017

    ACBA-CREDIT AGRICOLE BANK continues free business trainings designed specifically for representatives of small and medium-sized businesses in the regions of Armenia

    Armenia’s state debt may reach $7 billion in late 2018

    Thursday, September 28th, 2017

    Although Armenia’s aggregate state debt is likely to hit $7 billion by the end of 2018, the country will not default, finance minister Vardan Aramyan told journalists on Thursday

    VTB Bank (Armenia) increases number of payment terminals branches equipped with queuing systems

    Thursday, September 28th, 2017

    VTB Bank (Armenia) has expanded the network of its payment terminals and increased the number of branches equipped with queuing systems, the press office of the bank reported on Thursday

    Lack of investments may slow down economic growth, expert says

    Wednesday, September 27th, 2017

    Armenia’s current high economic growth rate may slow down or cease without a concomitant inflow of foreign investments, the head of EV Consulting Manuk Yergnyan told journalists on Wednesday

    Armenia’s central bank keeps refinancing rate unchanged

    Tuesday, September 26th, 2017

    Armenia’s Central Bank said on Tuesday it had decided to keep its key refinancing rate unchanged at 6 percent. It said a 0.4% deflation was registered in August 2017

    Armenian banks now able to modernize and lend to large businesses

    Tuesday, September 26th, 2017

    In an interview with ‘Golos Armenii’ Russian-language newspaper, the ex-president of the Union of Banks of Armenia Samvel Chzmachyan said

    Sports school in Noyemberyan resumes work thanks to Stepan Gishyan charity foundation

    Tuesday, September 26th, 2017

    A sports school in Noyemberyan, a town in the province of Tavush, has resumed operation thanks to Stephan Gishyan charitable foundation of ACBA-CREDIT AGRICOLE BANK

    Armeconombank to issue bonds in USD and Armenian drams

    Tuesday, September 26th, 2017

    Armeconombank said it will issue US dollar and Armenian dram-denominated nominal coupon bonds

    Finance minister: Armenia’s foreign debt amounts to $5.4 billion now

    Tuesday, September 26th, 2017

    Armenia’s foreign debt amounts to $5.4 billion now, Vardan Aramyan, the country’s finance minister, said Monday at a news conference