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    August 2020
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  • Archive for August, 2020

    ACBA Bank opens branch in Chambarak border community (VIDEO)

    Friday, August 28th, 2020

    ACBA Bank opened a branch, “Chambarak” in the border community of Chambarak. The press service of the bank reports

    FAR AND HSBC Armenia provide AMD 14.5 million to promote entrepreneurship in Tavush region

    Friday, August 28th, 2020

    The 4th of August marked the launch of “Boosting Responsible Financial Behaviour and Kick Start Business Activism Among Rural Population” project implemented by the Fund for Armenian Relief (FAR) and HSBC Bank Armenia CJSC (HSBC Armenia), the press office of the HSBC Bank Armenia reports

    Success achieved in negotiations with TransferWise – Armenian Hi tech industry minister

    Wednesday, August 26th, 2020

    Armenian High Technologies Industry Minister Hakob Arshakyan, speaking Wednesday at a press conference, said that negotiations with payments systems are under way now

    Araratbank and Visa launch joint campaign “We End the Summer with Discounts”

    Tuesday, August 25th, 2020

    ARARATBANK, jointly with the international payment system Visa, announces the start of the campaign “We End the Summer with Discounts”, the press service of the bank reported on Tuesday

    Stepan Gishyan Charitable Foundation implementing important and promising programs (VIDEO)

    Monday, August 24th, 2020

    Since 2015, the Stepan Gishyan Charitable Foundation has been helping to implement programs that are important and promising for the public, the press service of ACBA-CREDIT AGRICOLE BANK reported on Monday

    Armenia’s public debt grows by $6 million over one month

    Thursday, August 20th, 2020

    Armenia’s public debt increased by $ 5.9 million from May to June 2020 and reached $ 7.721 billion, according to the data published by the National Statistical Committee of Armenia

    Asakawa: ADB ready to provide financial assistance and policy advice to Armenia as needed

    Wednesday, August 19th, 2020

    Asian Development Bank (ADB) President Masatsugu Asakawa and Prime Minister of Armenia Nikol Pashinyan today discussed the impact of the coronavirus disease (COVID-19) pandemic in Armenia and ADB’s operations in the country, the press service of the ADB reported on Wednesday

    ADB approves $2 million grant to support Armenia’s fight against covid-19

    Tuesday, August 18th, 2020

    The Asian Development Bank (ADB) has approved a $2 million grant from its Asia Pacific Disaster Response Fund (APDRF) to support Armenia in its fight against the coronavirus disease (COVID-19) pandemic, the press service of the ADB reported on Tuesday

    Armenian GDP may shrink by 5% or even more in 2020, according to minister

    Friday, August 14th, 2020

    According to preliminary estimates, Armenia’s GDP is expected to shrink by 5% or even more in 2020 due to the coronavirus crisis, Economy Minister Tigran Khachatryan said at a press conference on Friday

    Non-performing loans in Armenian banks make 4.67 percent

    Monday, August 10th, 2020

    In June, non-performing loans of Armenian commercial banks stood at 4.67% of the total, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday