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  • Archive for September 3rd, 2018

    Unibank donates computer classes to schools in border villages

    Monday, September 3rd, 2018

    The Yerevan-based Unibank said it had dispatched two representatives to Chambarak and Berdavan villages, located along Armenia’s border with Azerbaijan, to attend festive events at their schools on September 1, which is the beginning of a new schooling year

    VTB Bank (Armenia) launches mortgage loan refinancing / repurchasing program

    Monday, September 3rd, 2018

    The Yerevan-based VTB Bank (Armenia) said today it has launched a new program designed for refinancing / repurchasing mortgage loans from other banks and credit institutions

    Armenian government to cut rates on mortgage loans

    Monday, September 3rd, 2018

    The Armenian government is preparing unprecedented mortgage rates for the social housing program, designed for young families, Armenian Prime Minister Nikol Pashinyan said during a live Facebook broadcast on late evening on September 2

    Armenian banks bought about $80 million last week

    Monday, September 3rd, 2018

    Seventeen Armenia-based commercial banks bought about $80.2 million from August 27 to August 31 at the local forex market at the weighted average rate of 482.06 drams for $1, the press service of the Central Bank reported

    ADB issues inaugural Armenian dram linked bonds

    Monday, September 3rd, 2018

    The Asian Development Bank (ADB) raised AMD2.66 billion (about $5.4 million) late last month from a new issue of offshore Armenian dram-linked bonds