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    November 2018
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  • Archive for November, 2018

    Converse Bank offers unprecedented terms s of mortgage loans to current and new customers

    Friday, November 30th, 2018

    Converse Bank said today it has improved the terms of mortgage lending with its own resources and has implemented new tools

    VTB Bank (Armenia) opens 69th branch

    Friday, November 30th, 2018

    VTB Bank (Armenia) has opened today its 69th branch in Armenia. The branch, called Tigran Metz is located within the Yerevan railway station at 86, Tigran Mets Avenue

    Stepan Gishyan charity foundation of ACBA-CREDIT AGRICOLE BANK helps expand wool processing workshop in Shinuair

    Thursday, November 29th, 2018

    Thanks to the assistance of the Stepan Gishyan charity foundation run by the ACBA-CREDIT AGRICOLE BANK, a wool processing workshop operating in the Shinuair community in the southern province of Syunik

    Armenian central bank revises downward economic growth forecast for 2018

    Wednesday, November 28th, 2018

    Armenia’s Central Bank has revised downward its forecast of economic growth for 2018 to 4.6%-5.1% from its previous projection of 5.6%-6.9%

    Central bank head and BSTDB president discussed status of projects in Armenia

    Wednesday, November 28th, 2018

    The Chairman of the Central Bank of Armenia Artur Javadyan and the President of the Black Sea Trade and Development Bank (BSTDB) Dmitry Pankin had a meeting today in Yerevan to discuss the status of a set of BSTDB-financed projects in Armenia

    Insurance companies collect about 30 billion drams as premiums for insurance of vehicles

    Tuesday, November 27th, 2018

    Six Armenia-based insurance companies collected a total of 29.9 billion drams in the first 9 months of 2019 as premiums for mandatory insurance of vehicles and paid 16.7 billion drams in damage compensation claims

    Calculations in national currencies in deals among Eurasian Economic Union member countries increased to 70%

    Tuesday, November 27th, 2018

    The share of calculations in national currencies in deals among the Eurasian Economic Union member countries reached 70% in the first half of this year, reports

    Unibank donates computer classrooms to two border schools

    Monday, November 26th, 2018

    Unibank has donated advanced computer classrooms to schools in the border villages of Khachik and Shaghat, the press office of the bank reported on Monday

    Armenian insurance companies post 77% drop in net profit

    Monday, November 26th, 2018

    Six insurance companies operating in Armenia earned a total of 387.5 million drams in net profit in the first nine months of this year, down from 1.711 billion drams they had earned a year earlier

    ACBA-CREDIT AGRICOLE BANK assists in opening two computer classrooms in Gyumri and Maisyan community

    Monday, November 26th, 2018

    Thanks to the assistance of ACBA-CREDIT AGRICOLE BANK two modern computer classrooms have opened in the #4 school in the town of Gyumri, the administrative capital of the northwestern Armenian province of Shirak and in the high school of the Maisyan community