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  • Archive for January, 2020

    HSBC appoints new CEO in Armenia

    Thursday, January 16th, 2020

    HSBC has announced the appointment of Irina Seylanyan as Chief Executive Officer Designate of HSBC Bank Armenia cjsc, with effect from 2 March 2020

    Armenia's total public debt in late November 2019 stood at $7.166.076 billion

    Thursday, January 16th, 2020

    Armenia’s overall public debt at the end of November 2019 stood at $7.166.076 billion, having decreased by $49.322 million from the previous month, the National Statistics Committee (NSC) said today

    Raex-Europe: Armenia's banking sector remains well-capitalized, with a strong liquidity

    Thursday, January 16th, 2020

    The banking sector remains well-capitalized, with a strong liquidity, stable asset quality and subbed but positive profits, RAEX-Europe said

    Armenia's government debt structure remains stable with positive declining trend, Raex-Europe says

    Thursday, January 16th, 2020

    Armenia’s government debt structure remains stable, RAEX-Europe said

    Armenian police detain young man who tried to rob a bank branch

    Wednesday, January 15th, 2020

    Armenia’s Investigative Committee said today a 33 year-old young man was detained in the town of Tashir on suspicion of attempting to rob a bank

    Government of Armenia encourages companies to enter capital market

    Wednesday, January 15th, 2020

    The government of Armenia will develop a system of mechanisms to encourage local companies to enter the capital market, Economy Minister Tigran Khachatryan told reporters on Tuesday, adding that the goal is to improve the country’s position in the World Bank’s Doing Business report

    Armenian police arrest a man who tried to rob a currency exchange office in Yerevan

    Thursday, January 9th, 2020

    Armenian Police said they have opened a criminal case into an attempted robbery of a currency exchange office located in a trading center in the capital city Yerevan. The attempted robbery was reported on ​​January 4, 2020 at around 20.20

    Armbusinessbank is set to consolidate its leading position on several indicators in Armenia's banking system

    Wednesday, January 8th, 2020

    Armenia’s banking sector keeps on progressing, taking over new niches. In an exclusive interview with ARKA news agency, Artavazd Sargsyan, the Chairman of the Executive Board of ARMBUSINESSBANK, shares his vision of Armenia’s banking sector development, the current trends in the financial market and the new services the bank is planning to unveil in 2020