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  • Archive for May, 2018

    Unibank presents souvenirs to all its shareholders on the centenary of the First Republic of Armenia

    Wednesday, May 30th, 2018

    To commemorate the centenary of the first Republic of Armenia and heroic May battles, UNIBANK organized an event on May 29, 2018 for its shareholders

    In 2020 Armenia will need $973.5 million to service its foreign debt

    Tuesday, May 29th, 2018

    The amount of money that the government of Armenia earmarks annually to service its foreign debt is gradually increasing, and by 2020 it will reach the maximum of $973.5 million, the deputy head of the Audit Chamber Ara Nranyan told the parliament today

    Armenia’s state debt stood at $6.7 billion in late 2017

    Tuesday, May 29th, 2018

    Armenia’s state debt amounted to $6.7 billion in late December 2017, Minister of Finance Atom Janjughazyan said today during a parliamentary hearing on the implementation of the government’s budget in 2017

    Around $71 million bought by Armenian banks last week

    Tuesday, May 29th, 2018

    Armenia’s commercial banks bought around $71 million from the local foreign currency market on May 21 to 25 at the average weighted exchange rate of 482 drams per one USD, the Central Bank of Armenia reported on Monday

    Russian law-enforcers to extradite Hollywood producer to Armenia

    Friday, May 25th, 2018

    Stepan Martirosyan, a Hollywood producer, involved in the production of a series of blockbusters, will be extradited to Armenia by Russia

    Some key indicators of Armenian banks characterizing financial stability saw a drop in 2018 April

    Thursday, May 24th, 2018

    Some of the key indicators characterizing the performance of Armenian commercial banks and their financial stability saw a drop in 2018 April as opposed to the previous month, according to data, provided by the Central Bank of Armenia

    WB and IMF experts to assess Armenian banking sector’s stability

    Thursday, May 24th, 2018

    The World Bank and the International Monetary Fund experts are conducting an assessment of the Armenian banking system’s financial stability, Arthur Javadyan, the central bank chairman, said Wednesday in the National Assembly

    Arka releases ‘Insurance Companies of Armenia’ bulletin for first quarter of 2018

    Wednesday, May 23rd, 2018

    ARKA news agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the first quarter of 2018

    Fitch Ratings affirms Long-Term Issuer Default rating (IDR) of ACBA-CREDIT AGRICOLE BANK at B+ level with stable outlook

    Wednesday, May 23rd, 2018

    Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of ACBA-CREDIT AGRICOLE BANK at the level of B + with a stable outlook, the Yerevan-based bank reported

    VTB Bank (Armenia) is general sponsor of International Football Championship for Journalists

    Wednesday, May 23rd, 2018

    The Second International Football Championship for Journalists will kick off on May 26 in Yerevan