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  • Archive for June, 2020

    Over 550,000 individuals awarded credit holidays, Pashinyan says

    Thursday, June 4th, 2020

    More than 550,000 individuals and 17,400 legal entities in Armenia have been awarded the so-called credit holidays, Prime Minister Nikol Pashinyan said at a government meeting on Thursday

    Armenian banks face social discipline problem amid COVID-19 (VIDEO)

    Thursday, June 4th, 2020

    Armenian banks faced the problem of non-observance of social distance and discipline of queuing in terms of COVID-19, Central Bank Chairman Arthur Javadyan said Thursday at a government meeting

    Armenian government bonds and repo deals traded at AMX continue to show growth dynamics

    Wednesday, June 3rd, 2020

    Armenian government bonds and repo deals traded at the Armenian Securities Exchange (AMX) continue to show growth dynamics, AMX said in a news release

    Lenders in Armenia obliged to inform borrowers on actual interest rate

    Wednesday, June 3rd, 2020

    Armenia’s National Assembly on Wednesday approved in the second and final reading a package of amendments to the Law On Consumer Lending

    Armenian banks total deposits stand at about 3 trillion drams; lawmaker proposes to raise insured deposit amount

    Wednesday, June 3rd, 2020

    Armenian banks’ total deposits stand now at about 3 trillion drams, a Prosperous Armenia party lawmaker Mikael Melkumyan said today when presenting a set of draft amendments to the law on Individual Bank Deposit Insurance

    Advisor to Araratbank CEO on PR issues resigns

    Monday, June 1st, 2020

    Anna Baghdasaryan, advisor to the Executive Director of Araratbank on PR issues, announced her resignation on her Facebook page. She held the position for nine years

    Armenia's central bank and Alliance for Financial Inclusion organizing 5th Eastern Europe & Central Asia Initiative Meeting

    Monday, June 1st, 2020

    The Central Bank of Armenia (CBA) and the Alliance for Financial Inclusion (AFI) are organizing the 5th Eastern Europe & Central Asia Initiative (ECAPI) Meeting from 1 – 3 June 2020