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  • Archive for December, 2018

    Converse Bank branches to work also on January 3 and 4

    Saturday, December 29th, 2018

    The last working day for Converse Bank’s branches in 2018 is December 29

    Converse Bank becomes Santa Claus for children from remote villages for 8th year in a row

    Thursday, December 27th, 2018

    Within the framework of the traditional “Become Santa Claus” project implemented by Converse Bank

    Banks in Armenia forgive 15,000 citizens’ fines and penalties on overdue loans - Pashinyan

    Thursday, December 27th, 2018

    As a result of the legislative changes implemented by the Armenian government in July 2018, banks have forgiven fines and penalties totaling AMD 7 billion (USD 14.4 million) to 14,963 borrowers

    VTB Bank (Armenia) and VivaCell-MTS announce new campaign

    Wednesday, December 26th, 2018

    VTB Bank (Armenia) together with VivaCell-MTS telecom operator have announced today a new installment loan campaign that will run through February 19, 2019

    Armenian government’s debt service to need over $700 million in 2019

    Wednesday, December 26th, 2018

    The Armenian government’s debt service will need AMD 356.9 billion ($737.3 million) in 2019, the country’s finance ministry says in its 2019 annual borrowings program available on its website

    Pashinyan says Armenian government and central bank’s cooperation aimed at citizens’ welfare

    Wednesday, December 26th, 2018

    Armenian Acting Prime Minister Nikol Pashinyan spoke Tuesday at a reception at the Central Bank of Armenia organized in connection with New Year and Christmas holidays

    Unibank’s USD-denominated bonds totaling $5 million listed at NASDAQ OMX Armenia

    Wednesday, December 26th, 2018

    Unibank’s USD-denominated bonds totaling $5 million are included in Abond list NASDAQ OMX Armenia, the press office of the stock exchange reported on Tuesday

    Armenian government’s debt in 2019 to amount to $6.913 billion or 49.8% of GDP

    Tuesday, December 25th, 2018

    Armenian government’s debt in 2019 will amount to $6.913 billion or 49.8% of GDP, by $465 million more than in the outgoing year, the Ministry of Finance said in the annual loan program for next year, published on its official website

    Nor Hachn branch of Converse Bank reopened

    Tuesday, December 25th, 2018

    The official reopening ceremony of Converse Bank’s “Nor Hachn” branch took place on December 25, the bank said in a press release today It said the ceremony was attended by guests from Kotayk Regional Administration

    Armenia’s central bank leaves refinancing rate unchanged at 6 percent

    Tuesday, December 25th, 2018

    Armenia’s Central Bank decided today to leave the refinancing rate unchanged at 6%. It said in late November, 2018 the inflation was 1%, down from 2% inflation recorded for the same month a year ago