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    March 2018
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  • Archive for March, 2018

    Armenia’s total debt shrinks 0.68% to $6 851.2 million in February 2018

    Friday, March 30th, 2018

    The total debt of Armenia amounted to $6 851.2 million by late February 2018 after shrinking 0.68% or by $46.9 million over one month, the National Statistical Service of Armenia reported on Friday

    ACBA-CREDIT AGRICOLE BANK finances creation of ‘green’ energy infrastructure in Kasakh community

    Friday, March 30th, 2018

    The first energy efficiency program, implemented with the financial assistance of the ACBA-CREDIT AGRICOLE BANK, has been completed in the Kasakh community

    Converse Bank to raffle tickets for UEFA champions league final

    Thursday, March 29th, 2018

    As part of a special campaign ‘Meet the Champions’ the Yerevan-based Converse Bank said holders of its Mastercard and Maestro cards may have the opportunity to travel to Ukraine capital city Kiev to watch the final match of the UEFA Champions League

    Armenian regulator to attend Eurasian Economic Union national banks summit

    Thursday, March 29th, 2018

    Arthur Javadyan, chairman of the Central Bank of Armenia, flew to Moscow today to attend the 16 meeting of the heads of the Eurasian Economic Union member countries’ national banks, the Armenian regulator’s press office reported on Thursday

    IMF welcomes Armenian government’s intention to implement a comprehensive package of reforms

    Thursday, March 29th, 2018

    An International Monetary Fund (IMF) staff team led by Mr. Hossein Samiei visited Yerevan on March 14–28 to conduct initial discussions on a possible new IMF arrangement with Armenia, the press office of the IMF Mission in Armenia reported on Thursday

    SAP and ACBA-CREDIT AGRICOLE BANK announce strategic partnership and launch of digital transformation program

    Thursday, March 29th, 2018

    SAP, one of the world’s largest enterprise software vendors, has signed a contract with ACBA-CREDIT AGRICOLE BANK, the first bank in Armenia to conduct a large-scale digital transformation of its business by using SAP enterprise software

    Ranking of most lucrative deposits at Armenian banks

    Wednesday, March 28th, 2018

    Interest rates on dram deposits at Armenia’s banks remain down

    VTB Bank (Armenia) names winners of joint promotion campaign

    Wednesday, March 28th, 2018

    The VTB Bank (Armenia) has named today the winners of a joint promotion campaign it had conducted with Visa international payment system

    Central bank of Armenia leaves refinancing rate at 6 percent

    Tuesday, March 27th, 2018

    Armenia’s Central Bank Board decided at a meeting today to keep the refinancing rate unchanged at 6%. The bank said in 2018 February 0.5% deflation was reported against 0.9% deflation in the same month of 2017

    ACBA Leasing offers financing for purchase of Mercedes Benz cars

    Tuesday, March 27th, 2018

    The ACBA Leasing company offers financing for the purchase of Mercedes Benz cars on favorable terms. The company said in a news release that the models of Mercedes Benz commercial vehicles were presented by Avangard Motors