Armenian banks’ overall lending stood at 4.14 trillion drams in late March 2021, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Wednesday
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Archive for May, 2021
Armenian banks' lending grew by 6.9% y-o-y in first quarter, 2021
Wednesday, May 19th, 2021Money transfers to Armenia in Q1 grew to $406 million
Wednesday, May 19th, 2021Individual money transfers to Armenia in the first quarter of 2021 grew by 14.7% or $52 million to $406 million, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Wednesday
USD 25 million Loan Agreement to reduce inequalities
Wednesday, May 19th, 2021AraratBank and FMO, the Dutch entrepreneurial development bank — highlighting the financial inclusion — signed a loan agreement for a total amount of USD 25 million
VTB Bank (Armenia) earns record high profit of 2 billion drams in 2020
Tuesday, May 18th, 2021VTB Bank (Armenia) CJSC has published its annual financial statements for 2020 in accordance with International Financial Reporting Standards (IFRS), the press service of the bank reported
Armenian banks forgive 2.5 billion drams worth loan debts
Tuesday, May 18th, 2021Armenian banks have already forgiven 2.5 billion drams worth loan debts, chairman of the Central Bank Martin Galstyan said on Tuesday, speaking at a meeting of the parliamentary committee on financial and budget issues
VTB Bank (Armenia) offers new Visa Chatbot and Chatbot Consierge services to holders of premium Visa and MasterCard cards
Monday, May 17th, 2021VTB Bank (Armenia) said today it offers new Visa Chatbot and Chatbot Consierge services to holders of premium Visa and MasterCard cards
HSBC and Ashoka Joint Green Skills Innovation Challenge Launches in Armenia
Friday, May 14th, 2021HSBC in partnership with Ashoka (international organisation that promotes social entrepreneurship) launched the first of its kind Green Skills Innovation Challenge
Amundi-ACBA Asset Management's pension funds show record growth exceeding AMD 200 billion
Thursday, May 13th, 2021In the first quarter of 2021 the global economy recorded a positive recovery after the 2020 crisis. The incentive policies of governments and central banks, as well as the use of highly effective coronavirus vaccines, have had a positive impact, primarily, on overseas stock markets
Vtb bank (Armenia) offers installment buying from Ideal Systems
Tuesday, May 11th, 2021VTB Bank (Armenia) said today customers can take advantage of a unique opportunity – to apply for an installment loan for buying building materials and plumbing visiting https://shop.idealsystem.am/ and get discounts
Armenia's 12-month inflation in April amounts to 6.2%
Friday, May 7th, 2021The 12-month inflation in Armenia’s consumer market in April 2021 amounted to 6.2%, according to the National Statistical Committee (NSC)
