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  • Archive for March, 2019

    VTB Bank (Armenia) revises prices for international money transfers via S.W.I.F.T.

    Friday, March 29th, 2019

    VTB Bank (Armenia) said today it has revised the rates for international money transfers made by individuals via the S.W.I.F.T

    Moody’s expects Armenia’s robust economic growth to benefit banks

    Friday, March 29th, 2019

    In the Banking System Outlook for Armenia, Moody’s Investors Service said its positive outlook for Armenian’s banking system is driven by robust economic growth which leads to asset quality improvements

    IMF expects economic growth in Armenia to moderate to about 4½ percent in 2019

    Thursday, March 28th, 2019

    In an exclusive interview with ARKA news agency the Resident Representative of the International Monetary Fund (IMF) in Armenia Yulia Ustyugova said economic growth is expected to moderate to about 4½ percent in 2019

    VTB Bank (Armenia) holds charity fair to mark spring holidays

    Thursday, March 28th, 2019

    In connection with spring holidays VTB Bank (Armenia) held a charity fair in its head office to help single mothers

    Armenian banks’ overall lending grows by 66.1 billion drams in one month

    Thursday, March 28th, 2019

    The total amount of loans provided by Armenian banks stood at 3.216.7 trillion drams in late February 2019, having increased by 66.1 billion drams or 2.1% from the previous month, the Central Bank of Armenia said

    Armenia’s public debt is not a threat, Pashinyan says

    Wednesday, March 27th, 2019

    The amount of Armenia’s state debt is not a threat, Prime Minister Nikol Pashinyan told lawmakers today

    Armenian central bank projects 4.6-6.1 percent growth for 2019

    Wednesday, March 27th, 2019

    According to Armenian Central Bank’s short-term forecast, in 2019 the country’s economy will expand from 4.6-6.1%

    Deposits in banks in Armenia exceed AMD 3 trillion heating record high

    Wednesday, March 27th, 2019

    Aggregate deposits in banks in Armenia exceeded AMD 3 trillion ($6.17 million) in February 219 heating the record high, the Central Bank of Armenia reports

    Armenian Securities Exchange names best participants of capital market in 2018

    Tuesday, March 26th, 2019

    On March 25, the Armenian Securities Exchange (AMX) named the best participants of the local capital market in 2018. According to AMX CEO Hayk Yeganyan

    ACBA-CREDIT AGRICOLE BANK and NABU launch organic Agricultural Development Program for 2019 and 2020

    Tuesday, March 26th, 2019

    ACBA-CREDIT AGRICOLE BANK and NABU, a German non-governmental nature protection organization, have announced the launch of Organic Agricultural Development Program for 2019 and 2020