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  • Archive for February, 2019

    Lending interest rates in Armenia can be reduced

    Friday, February 15th, 2019

    Lending interest rates in Armenia can be reduced at the expense of about 300 billion drams

    Reserves at Armenia’s banks for possible losses on loans total AMD 147.7 billion in 2018

    Friday, February 15th, 2019

    Reserves at Armenia’s banks for possible losses on loans totaled AMD 147.7 billion in 2018 – 6.12% or AMD 8.5 billion more than in 2017

    Novosti Armenia launches news feed of good news

    Friday, February 15th, 2019

    Novosti-Armenia news agency has launched a newsfeed for exclusively positive news

    Applications for Unibank’s consumer loans increase 18% to 470,000

    Friday, February 15th, 2019

    In 2018, Unibank’s «credit conveyor» processed more than 470 000 applications for consumer loans

    The number of transactions at Armenian stock exchange almost triple in 2018

    Thursday, February 14th, 2019

    A total of 1,584 transactions with corporate bonds to the tune of 30.36 billion drams were effected at the Armenian Stock Exchange in 2018

    Banks of Armenia increase their transfers to government budget by 20% in 2018

    Thursday, February 14th, 2019

    All the banks operating in Armenia are among the country’s largest taxpayers– they transferred AMD 48.6 billion to the government budget in 2018

    Arka news agency releases bulletin “Banks of Armenia” for fourth quarter of 2018

    Wednesday, February 13th, 2019

    ARKA news agency has released a new issue of its quarterly bulletin “Banks of Armenia” for the fourth quarter of 2018

    Central bank issues commemorative coins dedicated to 150th birth anniversary of Hovhannes Tumanyan.

    Tuesday, February 12th, 2019

    The Central Bank of Armenia has issued gold commemorative coins dedicated to the 150th birth anniversary of the outstanding Armenian writer

    Unibank accounts for 20% retail lending growth

    Tuesday, February 12th, 2019

    Unibank reported a 20-percent growth in its retail lending in 2018

    Insurance companies unhappy with Armenia’s Single Window for Automotive platform

    Monday, February 11th, 2019

    Armenian insurance companies are getting increasingly unhappy with the Armenia’s Single Window for Automotive (ASWA) platform