Resident deposits in Armenia-based commercial banks stood at 2.221.5 trillion drams in late January 2019, having decreased by 25.9 billion drams from late December 2018, the Central Bank said
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Archive for March, 2019
Resident deposits in Armenian banks slash by almost 26 billion drams
Monday, March 25th, 2019Unibank is issuing new coupon USD-denominated bonds to the tune of $5 million with 5% yield
Friday, March 22nd, 2019Unibank is issuing new coupon USD-denominated bonds to the tune of $5 million, offering a high yield of 5% per annum. The bank said in a press release that coupon income will be paid quarterly
Central Bank of Armenia issues commemorative coins "Calouste Gulbenkian 150"
Friday, March 22nd, 2019Armenia’s Central Bank said today it has issued 1000 pieces of gold commemorative coins dedicated to the 150th anniversary of the famous businessman and philanthropist Calouste Gulbenkian
VTB Bank (Armenia) becomes key partner of “Available Housing for Young Specialists” program
Friday, March 22nd, 2019VTB Bank (Armenia) has become the key partner of “Available Housing for Young Specialists” program, the press office of the bank reported on Friday
Armenian government and central bank intend to change mortgage program for young families
Friday, March 22nd, 2019The Armenian government and the Central Bank of Armenia are planning to make some changes in the mortgage program for young families, Mesrop Araqelyan, the prime minister’s advisor, reports on his Facebook page
Armenian government to set administrative penalty for provision of unlicensed financial services
Friday, March 22nd, 2019The government of Armenia has approved today setting an administrative penalty for provision of unlicensed financial services and unlicensed advertising of credit organizations
VTB Bank (Armenia) asks holders of MasterCard banking cards to make purchases by using POS terminals
Thursday, March 21st, 2019VTB Bank (Armenia) urged today its customers to make purchases by using their MasterCard banking cards, saying they just need to tap it on the POS terminal or other device
ACBA-CREDIT AGRICOLE BANK AND MasterCard announce UEFA Champions League contest
Thursday, March 21st, 2019The ACBA-CREDIT AGRICOLE BANK and the MasterCard have announced the UEFA Champions League contest, designed both for new and current holders of MasterCard cards
Armenian Central Bank chairman explains why interest rates on loan may reach 50-100%
Thursday, March 21st, 2019The chairman of the Central Bank of Armenia Artur Javadyan unveiled today some details of a set of projects designed to improve the financial literacy of citizens
Armenian draft law bans former convicts from holding some positions
Thursday, March 21st, 2019A set of amendments to the laws on insurance and insurance activities, on payment and settlement systems and organizations
