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  • Archive for December, 2017

    ARARATBANK’S bonds worth $5 million listed at NASDAQ OMX Armenia

    Thursday, December 28th, 2017

    Starting from December 27, 2017, nominal coupon bonds issued by “ARARATBANK” OJSC have been listed on NASDAQ OMX Armenia and included in the bonds’ main Abond list, the press office of the stock exchange reported on Thursday

    VTB Bank (Armenia) launching last in 2017 loan-offering campaign

    Thursday, December 28th, 2017

    VTB Bank (Armenia) is launching the last in 2017 campaign offering gold-secured loans, the press office of the bank reported on Thursday

    Armenian central bank keeps refinancing rate unchanged at 6 percent

    Tuesday, December 26th, 2017

    Armenia’s Central Bank decided today to keep its key refinancing rate unchanged at 6 percent. It said also consumer prices rose by 2.0 percent in November, month-on-month, and by 2.2 percent year-on-year

    VTB Bank (Armenia) improves servicing of clients through TelCell terminals

    Tuesday, December 26th, 2017

    As part of a program designed to develop remote channels for servicing its corporate clients and private entrepreneurs, VTB Bank (Armenia) has unveiled today a new opportunity for replenishing bank and card accounts through TelCell payment terminals

    New electronic platform to simplify money transfers to Armenia

    Monday, December 25th, 2017

    A new electronic platform, designed largely for Armenian labor migrants -sendmoneyarmeina.am – is to simplify the money transfers from abroad to Armenia , the head of the State Migration Service Gagik Yeganyan said

    Fitch revises city of Yerevan’s outlook to positive on sovereign rating action

    Monday, December 25th, 2017

    Fitch Ratings has revised the Outlook on the Armenian capital city of Yerevan’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to Positive from Stable and affirmed the IDRs at ‘B+’.

    Around $128.2 million bought by Armenian banks last week

    Monday, December 25th, 2017

    Armenia’s commercial banks bought around $128.2 million from the local foreign currency market on December 18 to 22 at the average weighted exchange rate of 480.66 drams per one USD, the Central Bank of Armenia reported on Monday

    Fitch’s bank sector outlook for Armenia in 2018 remains stable

    Monday, December 25th, 2017

    Fitch Ratings’ bank sector outlook for Armenia in 2018 remains stable

    Eurasian Development Bank intends to expand its activity in Armenia

    Monday, December 25th, 2017

    Serzh Sargsyan, Armenian president, received Friday Eurasian Development Bank Management Board Chairman Andrei Belianinov, the presidential press office reports

    Stepan Gishyan charity foundation of ACBA-CREDIT AGRICOLE BANK helps create ‘social" bakery in Gyumri

    Monday, December 25th, 2017

    The joint efforts of the Stepan Gishyan charity foundation of ACBA-CREDIT AGRICOLE BANK and Miasin (Together) foundation in Armenia’s second-largest town of Gyumri