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  • Archive for September, 2018

    Inecobank listed bonds worth 5 million us dollars on NASDAQ OMX Armenia

    Friday, September 28th, 2018

    Today Inecobank listed 5 million USD denominated coupon bonds on NASDAQ OMX Armenia Exchange’s Abond List

    VTB Bank (Armenia) steps up lending to small and medium-sized businesses

    Friday, September 28th, 2018

    VTB Bank (Armenia) said today it is stepping up lending to small and medium-sized businesses, saying in a press release that entrepreneurs can get a loan from VTB Bank (Armenia)

    Armenian central bank issues new commemorative coins dedicated to carpets

    Friday, September 28th, 2018

    Armenia’s Central Bank has issued silver commemorative coins dedicated to Armenian Carpet series

    Armenia’s public debt in 2019 to stabilize within 50% of GDP

    Thursday, September 27th, 2018

    Armenia’s public debt in 2019 is expected to stabilize within 50% of GDP, Finance Minister Atom Janjughazyan said at a government meeting on Thursday, when presenting the draft state budget for 2019

    VTB Bank (Armenia) opens second premium service office

    Thursday, September 27th, 2018

    In order to give a boost to promotion of premium businesses in Armenia and provide banking services to a larger number of owners of premium service packages, the VTB Bank (Armenia) opened September 17, 2018 its second premium service office, called Privilege

    Converse Bank offers profitable deposits on the occasion of its 25th anniversary

    Thursday, September 27th, 2018

    Converse Bank is launching a new deposit “Converse 25” on the occasion of the Bank’s 25th anniversary. This is a unique type of deposit in the banking system; in case of its early termination, depositors are not deprived of the accrued interest amount, the bank said in a press release

    Unibank to collaborate with FMO to allocate USD 10 million to support female entrepreneurs

    Wednesday, September 26th, 2018

    Unibank OJSC and FMO have finalised negotiations for USD 10 million facility for lending under “Women in Business” program in Armenia, the bank’s press office reported on Wednesday

    VTB Bank (Armenia) advises clients to apply for loans directly to bank, without mediators

    Wednesday, September 26th, 2018

    VTB Bank (Armenia) advises clients to apply for loans directly to the bank, without mediators

    Armenian Central Bank leaves refinancing rate unchanged at 6 percent

    Tuesday, September 25th, 2018

    At a meeting today Armenia’s Central Bank Board decided to leave the refinancing rate unchanged at 6%, saying also that inflation in August 2018 stood at 0.6% as opposed to 0.4% deflation reported for the same month a year ago

    Armenia to begin first grant project for early screening of breast cancer

    Monday, September 24th, 2018

    The Republic of Armenia has fulfilled the conditions for the entry into force of the US $1 million grant agreement signed with the Eurasian Stabilization and Development Fund (EFSR)