Samvel Chzmachyan, a banker with a 44-year work experience, has left office after eight years of chairmanship in the Union of Banks of Armenia (UBA), Golos Armenii reported on Tuesday
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Archive for September, 2017
Samvel Chzmachyan leaves office after eight years of UBA chairmanship
Tuesday, September 26th, 2017Armenian government will not make new issue of Eurobonds
Monday, September 25th, 2017The government of Armenia has no plans to make a new issue of USD-denominated Eurobonds, finance minister Vardan Aramyan said at a press conference on Monday
Ameriabank wins festivals of intellectual games
Monday, September 25th, 2017Ameriabank’s team won on Sunday the third traditional contest l of intellectual games called ‘Brain Ring’ involving financial organizations of Armenia
Around $73.28 million bought by Armenian banks last week
Monday, September 25th, 2017Armenia’s commercial banks bought around $73.28 million from the local foreign currency market on Septemebr 19 to 23 at the average weighted exchange rate of 477.40 drams per one USD, the Central Bank of Armenia reported on Monday
VTB Bank (Armenia) attracting new time deposits with monthly interest payment
Monday, September 25th, 2017VTB Bank (Armenia) has embarked on attracting from individuals ‘Beneficial’ and ‘Progress’ time deposits with the opportunity of monthly payment of interests, the bank’s press office reported on Monday
USD denominated coupon bonds by Anelik bank listed on NASDAQ OMX Armenia
Monday, September 25th, 2017Starting from June 13, 2017, USD denomintated coupon bonds issued by “ANELIK BANK” CJSC will be listed on NASDAQ OMX Armenia and included in the bonds main Abond list, the stock exchange’s press office reports
US dollar drops by 0.15 points against armenian dram to 478.23 drams
Wednesday, September 20th, 2017The average market exchange rate of US dollar against the Armenian dram has dropped today by 0.15 points from September 19 to 478.23 drams
Armenian justice minister and IMF official discuss anti-corruption program
Wednesday, September 20th, 2017Armenia’s justice minister David Harutyunyan received today a delegation led by the head of the Armenian Mission of the International Monetary Fund (IMF) Hossein Samiye, the press service of the ministry reported
HSBC bank offers financing for purchase of new equipment
Wednesday, September 20th, 2017HSBC Bank Armenia said today it is providing trade financing for the purchase of new equipment at a historically low rate of 4%
Unibank’s operating profit grows 1.5 times in seven months
Friday, September 15th, 2017The Yerevan-based Unibank said its operating profit in the first seven months of 2017 (before making contribution to the reserve funds) showed an outstripping growth reaching 3.4 billion drams, exceeding the figure for the same time span of 2016 by a factor of 1.5
