The Yerevan-based Unibank said today its USD-denominated bonds can be acquired in any of its 47 branches or in its head office
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Archive for April, 2019
Unibank says its USD-denominated bonds offer guaranteed income of 5 percent
Friday, April 19th, 2019Ranking of Armenian banks by size of net profit in quarter one, 2019
Friday, April 19th, 2019YEREVAN, April 19 /ARKA/. ARKA news agency has released a recurrent ranking of Armenia-based commercial banks by size of net profits they earned in the first quarter of 2018. According to it, 17 banks earned a total of 16 billion drams, down 45.2% or 29.3 billion drams from what they had earned in the same […]
Armenia-based banks’ net profit drops by 20 percent in first quarter of 2019
Thursday, April 18th, 2019The net profit of 17 Armenia-based commercial banks in the first quarter of 2019 dropped by 45.2% to 16 billion drams from 29.3 billion drams in the first quarter of 2018, according to the banks’ statements
Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says
Wednesday, April 17th, 2019The total amount of non-cash transactions made in Armenia by using banking cards in 2018 soared by 47.2% from the previous year to 395.9 billion drams
ACBA-CREDIT AGRICOLE BANK recognized as winner in the category "The Best HR-Digital Project of the Year in the CIS”
Monday, April 15th, 2019The ACBA-CREDIT AGRICOLE BANK was recognized as the winner in the category “The Best HR-Digital Project of the Year in the CIS» of a competition that was part of the conference on human resources “HR-TECH 2019”
Armenian government and Central Bank work on mortgage program for repatriates
Friday, April 12th, 2019YEREVAN, April 12. /ARKA/. The government of Armenia together with the Central Bank is elaborating a program of preferential mortgage lending for repatriated Armenians, Prime Minister Nikol Pashinyan said on April 11 during a meeting with the Armenian community of Strasbourg, France. According to the Prime Minister, the repatriation issue is one of the most […]
Armenia’s foreign debt reduced by $33.6 million in March
Friday, April 12th, 2019YEREVAN, April 11. /ARKA/. Armenia’s foreign debt amounted to $4 943.6 million in late March 2019 after shrinking 0.67% or by $33.6 million over one month, the country’s finance ministry reports. According to the ministry’s report, the government’s domestic debt has grown 2% or by 29.5 million to $1 445.9 million. The central bank’s debt […]
Study urges government to set maximum permissible amount of interest rates on loans
Friday, April 12th, 2019YEREVAN, April 11. /ARKA/. Artur Harutyunyan, a lawyer from the Center for Development and Legal Studies, urged the government on Wednesday to draft a legislation that would set maximum permissible amount of interest rates and commission fees on loans. Unveiling the findings of a study that looked into this issue, he said it analyzes the […]
US dollar drops to 485.01 drams
Thursday, April 11th, 2019YEREVAN, April 11 / ARKA /. The average market exchange rate of US dollar has dropped today by 0.82 percentage points over the Armenian dram from April 10 to 485.01 drams, the Central Bank said. It said also the Euro has dropped from 547.87 drams to 546.99 drams while the Russian ruble has grown from […]
