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  • Archive for February, 2020

    Leasing procedures will be simplified in Armenia

    Thursday, February 13th, 2020

    Leasing procedures in Armenia will be simplified, and market volumes are expected to double, Deputy Economy Minister Avag Avanesyan said during a government meeting on Thursday

    'Drunk cheese': new branch of Armenian business (video)

    Wednesday, February 12th, 2020

    In 2012, the Mikaelyan family decided to leave behind the city life and return to the town of Gavar to start their own business. Spouses Marine and Arman produce unique varieties of cheese, which is new on the local market. Many tourists from different countries visit their cheese plant to taste “drunk” cheese made using wine and brandy

    Unibank clients can pay also via Telcell

    Wednesday, February 12th, 2020

    Thanks to Unibank’s cooperation with Telcell, clients can replenish their accounts and repay loans via Telcell Wallet modern application and through more than 3,500 Telcell terminals deployed all over Armenia’s territory and in the Republic of Artsakh

    Armenian national security service exposes financial pyramid

    Tuesday, February 11th, 2020

    Armenia’s National Security Service (NSS) said it has exposed a financial pyramid disguised as a tourist organization that has managed to attract large financial resources

    Mher Ananyan appointed executive director, chairman of board of Araratbank

    Tuesday, February 11th, 2020

    Mher Ananyan has been appointed as Executive Director, Chairman of the Board of Araratbank. He has replaced Ashot Osipyan, who was relieved of the post in November, 2019

    12-month inflation recorded at 0.7% in Armenia in 2019 - regulator

    Tuesday, February 11th, 2020

    A 12-month inflation in Armenia is recorded at 0.7 in 2019, while in December 2019 this indicator stood at 1.3%, the board of the Central Bank of Armenia placed this on record at its session held on January 24 and released the information on Monday

    Armenia's financial market allows investors to work effectively, BSTDB chairman says

    Monday, February 10th, 2020

    The Chairman of Armenia’s Central Bank Arthur Javadyan received today a delegation led by the President of the Black Sea Trade and Development Bank (BSTDB) Dmitry Pankin, the press service of the regulator reported

    Share of overdue loans drops to record low 0.85% in Armenia

    Monday, February 10th, 2020

    The share of overdue loans in 2019 dropped to the record low 0.85% of the total lending, Armenian Prime Minister Nikol Pashinyan wrote in a Facebook post

    BSTDB signs $10-million loan agreement with Armeconombank

    Monday, February 10th, 2020

    The Black Sea Trade & Development Bank has signed a USD 10-million loan agreement with Armeconombank

    BSTDB is planning new issuance of bonds in armenian drams in 2020

    Monday, February 10th, 2020

    The Black Sea Trade and Development Bank (BSTDB) is planning a new issuance of bonds in Armenian drams in 2020, President of the bank Dmitry Pankin told reporters on Monday, saying also the bank attaches importance to the issuance of financial instruments in national currencies of member countries