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  • Archive for July, 2019

    National Mortgage Company refinances some 11,000 loans over one decade

    Tuesday, July 16th, 2019

    Armenia’s National Mortgage Company Universal Credit Organization has refinanced some 11,000 loans over one decade of its presence at Armenia’s market, of which 7,400 have been provided for acquisition of housing, and the remaining loans for repair and construction of detached houses, National Mortgage Company UCO Executive Director Edmond Vardumyan said in an exclusive interview with ARKA News Agency.

    Unibank opens 50th branch in Armenia

    Tuesday, July 16th, 2019

    Unibank’s new branch was opened in the city of Ararat, the bank’s press office reported on Tuesday. All the clients, both individuals and legal entities will be provided with all the banking services including the admission of deposits, consumer and business crediting, money transfers, cash and settlement services, investments in Unibank’s shares and bonds at the newly opened branch

    Stepan Gishyan charity repairs classroom and donates digitized telescope to Byurakan observatory (video)

    Monday, July 15th, 2019

    The sixth scientific camp in Byurakan is just one of the joint programs implemented by Stepan Gishyan charity foundation and the Byurkan Observatory, the ACBA-CREDIT AGRICOLE BANK said in a news release. It said the scientific camp has brought together children from various schools across Armenia

    Armenia’s total public debt increased by $9.5 million to $6 934 million in June

    Monday, July 15th, 2019

    Armenia’s total public debt amounted to $6 934 million in late June 2019 after growing by $9.5 million over one month, the country’s finance ministry reported on Friday

    ACBA-CREDIT AGRICOLE BANK unveils new offer designed for small and medium-sized Armenian companies

    Thursday, July 11th, 2019

    As part of its “My Business, My Bank” program the ACBA-CREDIT AGRICOLE BANK offers small and medium-sized businesses (SMEs) a new format of cooperation, which provides not only for provision of financial resources, but also for combined non-financial services, the press service of the bank reported

    Singapore’s Temasek Holdings may make investment in venture foundation in Armenia

    Tuesday, July 9th, 2019

    There is a small, but organized Diaspora in Singapore the representatives of which successfully operate in different areas, including technological. Singapore’s Temasek Holdings Foundation Co-cohair Nagi Hamiyeh said Monday as he met with Armenian Prime Minster Nikol Pashinyan, who is in Singapore now for an official visit, the press office of the Armenian government reports

    Zangezur copper and molybdenum combine to issue bonds to the tune of $50 million and 2.5 billion Armenian drams

    Tuesday, July 9th, 2019

    The Zangezur Copper and Molybdenum Combine in the southern Armenia said today it has begun a process to enter Armenia’s securities market with the support of Ameriabank

    Armenia to issue new Eurobonds

    Thursday, July 4th, 2019

    The Government of Armenia at a meeting today made a decision on the procurement of services for issuing new Eurobonds to redeem a previous issue. Finance Minister Atom Janjughazyan said the decision is in tune with the government’s program of actions

    Javadyan travels to Saint Petersburg for congress

    Thursday, July 4th, 2019

    Arthur Javadyan, the head of the Central Bank of Armenia, flew Wednesday to the Saint Petersburg to attend the 28th International Financial Congress “Financial Markets – New Challenges and Maintenance of Stability”, the press office of the regulator reports

    ACBA-CREDIT AGRICOLE BANK and NABU announce winners of organic agriculture competition

    Tuesday, July 2nd, 2019

    The ACBA-CREDIT AGRICOLE BANK and the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, have summed up the results of a competition announced as part of their jointly implemented program “Development of Organic Agriculture 2019-2020.”