The aggregate net profits of Armenia’s insurance companies has shrunk 69% to AMD 215.4 million in 2018 from AMD 699.5 million in 2017
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Archive for February, 2019
Inecobank’s AMD- and USD-denominated bonds listed at Stock Exchange of Armenia
Friday, February 22nd, 2019Inecobank’s AMD- and USD-denominated coupon bonds are included in Abond list at the Stock Exchange of Armenia
Lending by Armenia-based credit organizations in 2018 grew by 9.2% to 387.7 billion drams
Thursday, February 21st, 2019Lending by Armenia-based credit organizations in 2018 grew by 9.2% or 32.6 billion drams from the previous year to 387.7 billion drams
ACBA Leasing cjsc awarded Excellent Impact Award by EBRD for supporting green investment in renewable energy
Thursday, February 21st, 2019ACBA Leasing CJSC has been given the Excellent Impact Award by the European Bank for Reconstruction and Development (EBRD) for supporting green investment in renewable energy
Arka news agency releases bulletin “Credit Organizations of Armenia” for Q4, 2018
Wednesday, February 20th, 2019ARKA news agency has released its quarterly economic and financial bulletin – “Credit Organizations of Armenia” for the fourth quarter of 2018
EBRD and European Union to help Armenia develop green economy
Wednesday, February 20th, 2019The European Bank for Reconstruction and Development (EBRD) and the European Union will support the Armenian government in creating a green economy
Armenia-based commercial banks’ investments in securities increased by 13% in 2018 to 603.4 billion drams
Tuesday, February 19th, 2019Armenia-based commercial banks’ investments in securities increased by 13% in 2018 to 603.4 billion drams
IDbank issues new tranche of bonds
Monday, February 18th, 2019YEREVAN, February 18, /ARKA/. IDBank said today that a subsequent tranche of bonds will be issued on February 20, at the volume of USD 5 million. The maturity of the first issue of bonds of 2019 is 2 years and 6 months, annual coupon interest rate is 5.25%, to be paid quarterly. Ruben Melikyan, the […]
VTB Bank (Armenia) forgave 3 billion drams worth penalties and fines on bad loans in 2018
Friday, February 15th, 2019VTB Bank (Armenia) said today that in 2018 it forgave its individual customers some 3 billion drams worth penalties and fines
