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  • Archive for April, 2019

    Seven commemorative medals about Armenian genocide issued

    Tuesday, April 30th, 2019

    Seven commemorative silver medals telling about the Armenian Genocide were issued today

    Armenia’s central bank leaves refinancing rate unchanged at 5.75 percent

    Tuesday, April 30th, 2019

    Armenia’s Central Bank decided today to leave the refinancing rate at 5.75%, saying also that the inflation in March 2019 was 0.1%, as much as in March 2018

    ACBA-CREDIT AGRICOLE BANK launches 60th branch

    Tuesday, April 30th, 2019

    ACBA-CREDIT AGRICOLE BANK has launched today its 60th “Erebuni” branch. Located in building 23, 74, on Erebuni Street, Yerevan, the newly-opened branch will provide the customers with the full range of services offered by ACBA-CREDIT AGRICOLE BANK

    Second Russian citizen charged in Armenia with robbing money from ATMs

    Monday, April 29th, 2019

    Another Russian citizen has been charged with robbing Converse Bank ATMs in Armenia

    Unibank to showcase loan products developed for tourism companies at

    Monday, April 29th, 2019

    The Yerevan-based Unibank said today it will be showcasing its loan products

    Armenian central bank denies allegations that Muslim tombstone is depicted on 5000 drams banknotes

    Thursday, April 25th, 2019

    Armenia’s Central Bank had to respond to allegations in social networking services that the new generation five thousand dram banknote depicts mistakenly a Muslim tombstone instead of an Armenian church

    Unibank to showcase private banking at Skyservice 2019 in Moscow

    Tuesday, April 23rd, 2019

    Unibank will showcase the Private Banking at the IV International Forum SKYSERVICE 2019, scheduled to take place on April 24-25 in Moscow, the press service of the bank reported

    Citizens' financial literacy should be enhanced, Pashinyan says

    Monday, April 22nd, 2019

    Armenian citizens’ financial literacy should be enhanced, Prime Minister Nikol Pashinyan said last Friday during a live broadcast on his Facebook page. Pashinyan’s remarks came in response to a user’s complaint about the “predatory” credit terms

    Central bank chairman off to Germany to discuss creation of KfW lab in Armenia

    Monday, April 22nd, 2019

    The chairman of the Central Bank of Armenia Artur Javadyan has left for Germany’s Frankfurt to participate in a meeting of the supervisory board of the German-Armenian Foundation that oversees projects, implemented in Armenia with the financial support of German KfW Bank

    Arka releases ranking of top ten banks by size of loan portfolio

    Friday, April 19th, 2019

    The combined loan portfolio of Armenia-based 17 commercial banks in the first quarter of 2019 amounted to 3,126.7 trillion drams