The ACBA-CREDIT AGRICOLE BANK said today it has launched a new generation digital platform ACBA Digital that allows customers to use numerous banking services both on the Internet and through mobile applications
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Archive for September 16th, 2020
ACBA-CREDIT AGRICOLE BANK launches new generation digital platform
Wednesday, September 16th, 2020Armenia raises amounts of insured bank deposits in drams and foreign currencies
Wednesday, September 16th, 2020Armenia’s National Assembly approved September 15 in the second and final reading a set of amendments to the law insuring individual bank deposits, proposed by the opposition Prosperous Armenia party
Armenian Central Bank inclined to consider room for easing refinancing rate
Wednesday, September 16th, 2020The Central Bank of Armenia is inclined to consider in the near future the possibility of easing the refinancing rate, Central Bank Chairman Martin Galstyan told reporters on Tuesday.
In his words, with regard to the magnitude of the change, everything will be clear at the next meeting, which will take place in eight weeks
Deposit interest rates in Armenia showing downward trend
Wednesday, September 16th, 2020Deposit interest rates in Armenia are showing a downward trend, and credit rates are still unchanged, Central Bank Chairman Martin Galstyan told reporters on Tuesday.
The Board of the Central Bank of Armenia, at a meeting on Tuesday, decided to reduce the refinancing rate by 0.25 percentage points and set it at 4.25%. The rate of the Lombard repo provided by the Central Bank was 5.75%, and the rate on funds attracted by the Central Bank from other banks was 2.75%
ADB expects 4% economic decline and 1.4% inflation in Armenia in 2020
Wednesday, September 16th, 2020The Asian Development Bank (ADB) has revised its outlook for Armenia’s economy to a 4% decline from the minus 3.5% projected previously, in April, the bank’s press service reported on Tuesday
