VTB Bank (Armenia), in an effort to ease their financial burden connected with New Year expenses, offers again its usual annual product ‘New Year Loan’
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Archive for December, 2018
VTB Bank (Armenia) launches its annual loan campaign ahead of New Year holidays
Thursday, December 6th, 2018Armenia is second in the world to launch unique QR system of mobile payments
Thursday, December 6th, 2018Armenia is the second country in the world after Singapore to have launched the Payment Express (PayX) system with the assistance of Visa International, PayX co-founder Smbat Nasibyan told reporters today
Deposits in Armenian banks grow by 40 billion drams in October to over 2.8 trillion drams
Wednesday, December 5th, 2018At the end of October 2018, deposits in Armenian banks were worth 2.852.4 trillion drams, having increased by 40 billion drams or 1.4% from the previous month
Unibank’s new program to help more than 100 women entrepreneurs in Armenia expand their businesses
Tuesday, December 4th, 2018The involvement of women in business is an upward trend of the world economy as more and more companies tend to have at least one woman as a top manager
Armenian banks’ lending surpasses for the first time 3 trillion drams
Tuesday, December 4th, 2018Armenian banks’ lending amounted to 3.022.1 trillion drams in late October, having increased by 34.8 billion drams or 1.16% from the previous month, the Central Bank said
IMF assesses positively Armenia’s financial system’s stability in 2018 and welcomes central bank’s reforms
Tuesday, December 4th, 2018On November 30, 2018, the Executive Board of the International Monetary Fund (IMF) discussed the Financial System Stability Assessment (FSSA) of Armenia. Armenia’s financial system has expanded further since the 2012 Financial Sector Assessment Program (FSAP)
Around $109.3 million bought by Armenian banks last week
Monday, December 3rd, 2018Armenia’s commercial banks bought around $109.3 million from the local foreign currency market on November 26 to 30 at the average weighted exchange rate of 484.28 drams per one USD, the Central Bank of Armenia reported on Monday
