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  • Archive for October, 2018

    Ranking of most lucrative dram deposits at Armenia’s banks

    Wednesday, October 31st, 2018

    Today many countries, including Armenia, are marking the World Savings Day

    Germany’s ambassador describes Armenian currency as stable

    Wednesday, October 31st, 2018

    Germany’s Ambassador to Armenia Mathias Kiesler praised today Armenia’s national currency, the dram, describing it as a stable currency, when speaking at an event marking the World Savings Day

    Private remittances to Armenia in September 2018 down 5.4% to $151.6 million

    Wednesday, October 31st, 2018

    Private remittances sent to Armenia via banks for non-commercial purposes in September 2018 dropped by 5.4% from the same month a year ago to a little more than $151.6 million

    VTB Bank (Armenia) improves deposit terms for World Savings Day

    Tuesday, October 30th, 2018

    Every year, on World Savings Day, marked October 31, VTB Bank (Armenia) unveils updated and improved terms for its customers to place deposits, thus motivating them to save and receive income

    All discounts by Visa system now available on Converse Bank’s website

    Tuesday, October 30th, 2018

    Hereinafter, the information on various discounts offered by Visa payment and settlement system will be available on Converse Bank’s official website. The service has been introduced within the framework of cooperation with VISA payment and settlement system

    Ameriabank dram- and dollar-denominated bonds listed at NASDAQ OMX Armenia

    Tuesday, October 30th, 2018

    On October 29, Ameriabank listed dram- and dollar- denominated coupon bonds on NASDAQ OMX Armenia Exchange’s Secondary Bbond List, the press office of the stock exchange reports

    Unibank announced new issuance of bonds with an annual yield of up to 10 %

    Monday, October 29th, 2018

    Having successfully placed the whole volume of bonds of all the five issues, Unibank announced a new issuance of AMD and USD nominal coupon bonds, the bank’s press office reported on Monday

    Armenian banks bought $79 million from local forex market last week

    Monday, October 29th, 2018

    Seventeen Armenia-based commercial banks bought about $79.3 million at the local intrabank foreign currency market from October 22 to October 27 at the weighted average exchange rate of 484.03 drams for $1, the Central Bank reported

    VTB Bank (Armenia) relaunches student loan

    Thursday, October 25th, 2018

    VTB Bank (Armenia) has announced today the relaunch of a student loan with improved terms, describing it as ‘one of the most popular loan products among young people.’

    European Investment Bank and Armenian Central Bank sign 50 million euro loan agreement

    Wednesday, October 24th, 2018

    The European Investment Bank (EIB) and the Armenian Central Bank signed a 50 million euro agreement October 22 for financing small and medium businesses, the Central Bank said