UNISTREAM’s FX transfers in October 2018 increased by 147% compared with the summer months (June-August), which traditionally account for the largest amount of remittances, the bank said in a press release
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Archive for November, 2018
UNISTREAM’s FX transfers increased by 147% in October 2018
Tuesday, November 20th, 2018ACBA-CREDIT AGRICOLE BANK names winner of its contest held as part of #myacbabank campaign
Tuesday, November 20th, 2018ACBA-CREDIT AGRICOLE BANK has summarized the results of its #myacbabank campaign conducted in connection with the opening of Nor Avan innovative branch, the press office of the bank reported on Tuesday
Around $88.2 million bought by Armenian banks last week
Monday, November 19th, 2018Armenia’s commercial banks bought around $88.2 million from the local foreign currency market on November 12 to 16 at the average weighted exchange rate of 486.95 drams per one USD, the Central Bank of Armenia reported on Monday
Armenian credit organizations increase lending by 51.2 billion drams
Friday, November 16th, 2018Loans issued by credit organizations in Armenia amounted to 406.4 billion drams at the end of September, having increased by 51.2 billion drams or 14.4% from the beginning of the year
VTB Bank (Armenia) and SIL Insurance launch joint mortgage lending program
Friday, November 16th, 2018As part of cooperation with SIL Insurance company VTB Bank (Armenia) said today it will be providing mortgage loans with low down payment for young people involved in the government-backed Housing for Young Families program
Financial regulators of Armenia and other Eurasian Economic Union countries to ensure cyber security by joint efforts
Friday, November 16th, 2018The financial regulators of Armenia and other Eurasian Economic Union member countries have decided to struggle against cyber threats by joint efforts, TASS reports referring to the press office of the Bank of Russia
ADB loan to further enhance financial markets, public efficiency in Armenia
Friday, November 16th, 2018The Asian Development Bank (ADB) said today it has approved a $50 million policy-based loan as part of an ongoing program of financial reforms to strengthen public debt and fiscal risk management and develop financial markets in Armenia
Converse Bank announces 25 percent cashback for students
Thursday, November 15th, 2018On the eve of the International Students Day, Converse Bank said it is launching another loyalty campaign – the Bank’s student cardholders can benefit from the opportunities offered by the announced CashBack campaign
Armenia’s top ten most profitable credit organizations in first 9 months of 2018
Thursday, November 15th, 2018Out of 35 credit organizations operating in Armenia, 33 were profitable in the third quarter of 2018 earning a total of 38.58 billion drams, according to ARKA news agency’s ranking. The other 2 companies reported losses to the tune of 35.2 million drams
Armenian central bank has no connection with ‘Banks, Loans, Investments and Economy’ expo
Thursday, November 15th, 2018The Central Bank of Armenia reported Wednesday that it has no connection with the expo ‘Banks, Loans, Investments and Economy’, despite the event organizers has used the logo of the regulator
