The Central Bank of Armenia joined the Eurasian Development Bank’s (EDB) settlement infrastructure and opened a correspondent account
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Archive for March, 2021
Central Bank of Armenia to make payments in EEU national currencies using EDB’s settlement infrastructure
Monday, March 15th, 2021Armenia regards Eurasian Fund for Stabilization and Development as a key partner
Monday, March 15th, 2021Armenia regards the Eurasian Fund for Stabilization and Development (EFSD) as a key partner, despite a small portfolio of joint projects, Armenian Deputy Prime Minister Tigran Avinyan said on Friday at a videoconference with representatives of the Eurasian Development Bank (EDB), convened to evaluate the efficiency of the EFSD-funded projects in Armenia
Inflation to return to projected target band within months, Armenian economy minister says
Friday, March 12th, 2021After a substantial rise in February 2021, the inflation in Armenian is expected to return to the projected target band in the coming months, Minister of Economy Vahan Kerobyan told reporters on Friday
ACBA: new brand- inspired and inspiring (video)
Thursday, March 11th, 2021Young, modern, innovative, inspired and inspiring – this is the new Acba: from a new page and with a new breath, but having preserved its best valuesand traditions. The bank has made a rebranding: from now on, it is simply Acba – short, clear and familiar, the press service of the bank said in a press release
VTB Bank (Armenia) finances Autotech LLC as part of documentary operations
Wednesday, March 10th, 2021VTB Bank (Armenia) and AUTOTECH company have been cooperating since 2019 in the framework of settlement and cash services. Since 2020, the bank has twice financed the company within the framework of trade finance operations acting as a guarantor of the company’s contractual obligations before its counterparties
Armenia's public debt grows by $56.391 million to about $8.02 billion
Tuesday, March 9th, 2021Armenia’s overall public debt as of January 31, 2021 stood at $8,024.878 billion, an increase of $56.391 million compared to December 31, 2020, according to the numbers, released today by the National Statistical Committee (NSC)
AraratBank launches a car acquisition campaign: Ladies first
Tuesday, March 9th, 2021On the occasion of International Women’s Day, AraratBank comes up with an attractive special campaign Ladies first between March 8 and April 7, 2021 inclusive
Fitch rates Armenian city of Yerevan 'B+'; outlook stable
Friday, March 5th, 2021Fitch Ratings said it has assigned the Armenian City of Yerevan Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of ‘B+’ with Stable Outlook
Converse Bank is recognized as the “Best Trade Finance Provider in Armenia” by Global Finance
Friday, March 5th, 2021Converse Bank has been recognized as the “Best Trade Finance Provider 2021 in Armenia” by the prestigious Global Finance magazine, for the second year in a row
Acba bank launches Organic Agriculture Development Grant Program 2021-2022
Thursday, March 4th, 2021Acba bank, in partnership with the German Nature and Biodiversity Conservation Union (NABU), has launched the Organic Agriculture Development Grant Program 2021-2022
