The Eurasian Economic Union (EEU) is in a position now to create a regional settlement currency, including a blockchain-based currency, Eurasian Development Bank (EDB) board chairman Andrei Belyaninov said at a Eurasian Media Congress in Almaty, Kazakhstan, on Thursday
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Archive for September, 2018
EEU able to create single settlement currency
Friday, September 7th, 2018Converse Bank unveils special loan product for purchase of cars from primary market
Friday, September 7th, 2018The Converse Bank has unveiled today a special loan product, it has designed for buyers of cars from the primary market, offering customers more favorable lending terms
US dollar rises by 0.37 percentage point over Armenian dram
Wednesday, September 5th, 2018YEREVAN, September 5. /ARKA/. The average market exchange rate of the US dollar has grown today by 0.37 percentage point over the Armenian dram from September 4 to 484.10 drams, the Central Bank said. It said also the exchange rate of Euro has grown from 559.10 drams to 560.35 drams and the exchange rate of […]
Converse Bank completes placement of bonds in 23 currencies
Wednesday, September 5th, 2018The Yerevan-based Converse Bank said it has successfully completed another placement of bonds denominated in three currencies- Armenian drams, US dollars and euros
ACBA-CREDIT AGRICOLE BANK launches new digitized Nor Avan branch in Yerevan
Tuesday, September 4th, 2018The ACBA-CREDIT AGRICOLE BANK has launched today another, Nor Avan digitalized branch, located at 55/15, Tsarav Aghbyur Street in Yerevan
Unibank donates computer classes to schools in border villages
Monday, September 3rd, 2018The 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, 2018The 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, 2018The 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, 2018Seventeen 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, 2018The 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
