Private money transfers to Armenia sent through banks in January 2019 amounted to $119 million
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Archive for March, 2019
Private money transfers to Armenia in January 2019 grew by 25.7% to $119 million
Wednesday, March 20th, 2019Mortgage lending in 2019 February doubles
Tuesday, March 19th, 2019In February 2019 mortgage lending in Armenia doubled when compared to February 2018
Cash transactions still prevail in Armenia, chairman of Union of Banks of Armenia says
Tuesday, March 19th, 2019The total amount of non-cash transactions made in Armenia through banks is still low, despite the widespread use of modern technologies
CIS banks’ credit profiles hurt by weak corporate governance, while in Armenia this is less noticeable – Moody’s
Tuesday, March 19th, 2019Banks in the Commonwealth of Independent States generally have weaker corporate governance than peers in other regions and this is harming their credit profiles
Arpine Hovhannisyan unhappy about central bank’s support for Armenian prime minister’s initiative
Monday, March 18th, 2019Arpine Hovhannisyan, former vice-speaker at the Armenian parliament and former justice minister
IdBank completes placement of first issue of bonds in 2019
Friday, March 15th, 2019The IDBank said today it has successfully completed the placement of the first issue of bonds in 2019
Law on Panarmenian Bank voided by Armenian authorities – media
Friday, March 15th, 2019The Armenian authorities intend to void the Law on Panarmenian Bank, Zhamanak reports
Farmers in Armenia may get loans at 3-5% interest rate
Thursday, March 14th, 2019As part of a government program on subsidizing interest rates, farmers and agricultural cooperatives can get loans at the interest rate of up to 5%
VTB Bank (Armenia) opens new Contact Center in Yerevan
Wednesday, March 13th, 2019VTB Bank (Armenia) has opened today a new, comfortable Contact Center, located in Business Center 34 at 34
Customs officers thwart illegal import of cryptocurrency mining equipment
Tuesday, March 12th, 2019Armenian State Revenue Committee said today its officers thwarted an illegal import of equipment for cryptocurrency mining
