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  • Archive for September, 2017

    Kamurj credit organization offers new loan

    Friday, September 8th, 2017

    Kamurj credit organization said it offers a new agricultural and business micro loan dubbed “Urgent” and the best terms for already operating microcredits

    Armenia’s international reserves grow by $73 million in August

    Friday, September 8th, 2017

    Armenia’s gross international reserves grew by 3.4% or $73.1 million in August 2017 amounting to $2.176.4 billion, according to preliminary data of the Central Bank

    Positive dynamics of money transfers to Armenia to continue

    Friday, September 8th, 2017

    The positive dynamics of remittances sent to Armenia mostly by labor migrants is expected to continue to the end of 2017, which in turn will contribute to the growth of consumer and investment activity, the Eurasian Development Bank (EDB) said in its monthly survey

    Armenia’s public debt surges by $61 million in one month- NSS

    Thursday, September 7th, 2017

    Armenia’s collective public debt surged by another $60 million in July to over $6.2 billion, the National Statistical Service (NSS) reported. According to official numbers, the country’s external debt amounted to $4.985 billion, having increased by $42.7 million in one month

    Anelik Bank’s clients may use Idram to repay loans

    Wednesday, September 6th, 2017

    Anelik Bank said today that its customers may use the Idram payment service’s platforms to pay off their loans online

    VTB Bank (Armenia) offers new type of student loans

    Wednesday, September 6th, 2017

    VTB Bank (Armenia) has designed a student loan with a low interest rate, the Russian-owned bank said today in press release, adding that students are given an exceptional opportunity to pay only interest on the loan during their studies

    Unibank unveils new loan type designed for medical personnel

    Tuesday, September 5th, 2017

    Unibank has unveiled today a new type of loan, which it has designed specifically for the personnel of medical institutions. Called “U-Doctor” the loan is provided on favorable terms, the Yerevan-based bank said in a press release today

    EBRD is providing two loans to Armenian Araratbank

    Tuesday, September 5th, 2017

    The EBRD said September 4 it is providing two local currency loans for the equivalent in Armenian dram of US$ 10 million to Araratbank, one of the leading banks in Armenia and a long-standing EBRD partner