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  • Archive for June, 2018

    Around $80 million bought by Armenian banks last week

    Monday, June 11th, 2018

    Armenia’s commercial banks bought around $80 million from the local foreign currency market on June 4 to 8 at the average weighted exchange rate of 482.49 drams per one USD, the Central Bank of Armenia reported on Monday

    ACBA Leasing unveils leasing offer for purchase of Nissan Leaf electric cars

    Friday, June 8th, 2018

    ACBA Leasing company has unveiled today a leasing offer designed specifically for acquisition of electric vehicles

    Inecobank announces placement of USD-denominated bonds to the tune of $5 million

    Friday, June 8th, 2018

    Inecobank announced today the issue of the first tranche of USD-denominated registered coupon bonds to the tune of $5 million

    1.6% year-on-year inflation recorded in Armenia in May 2018

    Friday, June 8th, 2018

    Consumer prices in Armenia rose 1.6% in May 2018, compared with May 2017, the National Statistical Committee reported on Thursday

    US dollar grows by 0.19 percentage points over dram to 483.49 drams

    Thursday, June 7th, 2018

    The average market value of the US dollar against the Armenian dram has grown today by 0.19 percentage points from June 6 to 483.49 drams, the Central Bank said

    Fitch Ratings to update Armenia’s rating next week

    Thursday, June 7th, 2018

    Armenia’s Minister of Finance Atom Janjughazyan received today a delegation of the Fitch Ratings, led by the head of the department on sovereign ratings Eric Eraispi

    Unistream bank’s capital exceeds one billion Russian rubles

    Wednesday, June 6th, 2018

    UNISTREAM bank said today its capital stood at one billion Russian rubles as of May, 1, 2018

    Converse bank supports Sevan Startup summit 2018

    Wednesday, June 6th, 2018

    From July 22 to 29, more than 1000 entrepreneurs from all over the world will gather in Sevan to take part in the gala event of Seaside Startup Summits 2018

    Stepan Gishyan charity foundation to provide grants to five programs

    Tuesday, June 5th, 2018

    The Stepan Gishyan charity foundation run by the Yerevan-based ACBA-CREDIT AGRICOLE BANK has summed up the results of grant competitions, announced at the beginning of the year, the bank’s press service reported

    UNISTREAM Bank earns record high profit in 2017

    Tuesday, June 5th, 2018

    The UNISTREAM Bank earned a record high profit of 224 million Russian rubles in 2017, saying its net income saw a growth of 29% when compared to the previous year amounting to 2.1 billion rubles