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  • Archive for May, 2019

    EDB’S loan portfolio increases to us $3.44 billion

    Friday, May 31st, 2019

    The annual meeting of the Eurasian Development Bank’s (EDB) Council took place in Nur-Sultan alongside the meeting of the EAEU heads of state, the bank said in a news release

    Central bank issues commemorative coins dedicated to painter Makhokhyan

    Friday, May 31st, 2019

    Armenia’s Central Bank has issued commemorative silver coins “Vardan Makhokhyan-150”. The bank said it has issued 500 coins with the face value of 100 drams

    Georgian citizen of Armenian origin charged with armed robbery against Armenian bank employee

    Friday, May 31st, 2019

    A 33-year-old Georgian citizen of Armenian origin is charged by Armenia’s; aw-enforcement authorities with armed robbery against an employee of VTB Bank (Armenia) in Yerevan

    Armenia to reduce bankruptcy costs and duration

    Friday, May 31st, 2019

    The government of Armenia looked today into a set of proposed amendments to the Law on Bankruptcy, adopted back in 2006, which call for reducing the costs and duration of the bankruptcy process

    Fitch affirms Armenia at 'B+'; outlook positive

    Monday, May 27th, 2019

    Fitch Ratings has affirmed Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Positive Outlook

    Armenian credit organizations earn 20.4 billion drams in net profit

    Monday, May 27th, 2019

    Out of 38 credit organizations operating in Armenia, 31 were profitable in the first quarter of 2019

    Basic indicators of financial stability of Armenia showed positive trend in 2019 march

    Friday, May 24th, 2019

    In March 2019 the basic indicators of financial stability of Armenia showed a positive trend, according to data, published on the official website of the Central Bank

    Arka news agency releases bulletin “Credit Organizations of Armenia” for first quarter of 2019

    Friday, May 24th, 2019

    ARKA news agency has released its economic and financial bulletin “Credit Organizations of Armenia” for the first quarter of 2019. The bulletin is compiled based on officially published financial reports of credit organizations (CO)

    Amundi-ACBA Asset Management celebrates fifth anniversary of activities (VIDEO)

    Friday, May 24th, 2019

    Amundi-ACBA Asset Management marked the fifth anniversary of its activities, the press service of ACBA-CREDIT AGRICOLE BANK reported on May 23

    Karen Yeghiazaryan appointed as new chairman of Evocabank. Board

    Thursday, May 23rd, 2019

    Karen Yeghiazaryan was appointed as new chairman of Evocabank Board, the bank said today in a press release. It said before this appointment he served as deputy chairman of the Board