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  • Archive for November, 2018

    Armenia’s external reserves down $66.5 million in one month

    Wednesday, November 14th, 2018

    At the end of October 2018, Armenia’s international gross reserves stood at $2.082.9 billion, 3% or $66.5 million less than in the previous month, the Central Bank said

    Armenian central bank supports blockchain technology but cautious about cryptocurrencies

    Wednesday, November 14th, 2018

    Armenia’s Central Bank supports the use of blockchain technologies, but is cautious when it comes to the issue of cryptocurrency, the head of the Central Bank Artur Javadyan said on Tuesday in parliament

    Armenian central bank leaves refinancing rate unchanged at 6 percent

    Tuesday, November 13th, 2018

    Armenia’s Central Bank has decided today to leave the refinancing rate unchanged at 6%, saying also the inflation in January 2018 was recorded a 2.7%, almost as much as in 2017 January

    Converse Bank will fund the work connected with opening of Argentine Center in Yerevan

    Tuesday, November 13th, 2018

    Converse Bank said today it will fund the work connected with opening of the Argentine Center at Yerevan State University of Languages and Social Sciences after Valery Brusov. A memorandum of cooperation has been signed for this purpose

    VTB Bank (Armenia) recognized as best partner of Thomson Reuters in 2018

    Tuesday, November 13th, 2018

    VTB Bank (Armenia) said today it was recognized as the best partner of Thomson Reuters in 2018

    VTB Bank (Armenia) announces winners of marketing campaign

    Monday, November 12th, 2018

    VTB Bank (Armenia) announced today the results of a marketing campaign #when you win, conducted jointly with the MasterCard international payment system

    EDB predicts rather high level growth for Armenia this year

    Monday, November 12th, 2018

    Armenia’s economic growth will continue to slow down, but will remain at a rather high level of 5.9% at the end of the year, according to the latest macroeconomic review, prepared by the Eurasian Development Bank (EDB)

    Around $89.6 million bought by Armenian banks last week

    Monday, November 12th, 2018

    Armenia’s commercial banks bought around $86.8 million from the local foreign currency market on October 29 to November 3 at the average weighted exchange rate of 487.18 drams per one USD

    Joint seminar by Converse Bank and SME Banking Club focuses on lending to SME

    Friday, November 9th, 2018

    The focus of a seminar initiated and supported by Converse Bank and conducted today in Yerevan by SME Banking Club, a professional international platform for business bankers, was on the latest tends in lending to SMEs, agriculture and energy sectors

    VTB League football tournament kicks off

    Friday, November 9th, 2018

    The Dynamo Stadium in Yerevan hosted today the opening of the VTB League football tournament, initiated by the VTB Bank (Armenia)