VTB Bank (Armenia), together with Visa international payment system has launched the iStudent cards, designed for students of colleges and higher educational institutions, the press service of the bank reported
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Archive for May, 2021
VTB BANK (ARMENIA) OFFERS PAYMENT CARDS TO STUDENTS
Thursday, May 6th, 2021Armenian central bank to create single register of bank accounts
Thursday, May 6th, 2021A set of amendments to the Law on Central Bank, passed today in the first reading by Armenia’s parliament, provide for the creation of a single register of bank accounts
Economy ministry works with central bank to try to curb inflation
Wednesday, May 5th, 2021Armenian acting Economy Minister Vahan Kerobyan said today the ministry was working with the Central Bank to try to curb the growing inflation using not only the instruments of the monetary policy, but also economic measures
In 2021, Armenia's public debt/GDP ratio will be over 60% threshold- central bank
Wednesday, May 5th, 2021In 2021, the ratio of public debt to GDP will be exceeding the threshold of 60%, said Chairman of the Central Bank of Armenia Martin Galstyan to ARKA news agency on Tuesday
Private money transfers to Armenia surge by 145% in March 2021
Wednesday, May 5th, 2021Private non-commercial money transfers to Armenia in the first quarter of 2021 surged by about 47% as opposed to the same time span of 2020, according to Armen Nurbekyan, head of a central bank department of macroeconomy
Share of Armenian banks' bad assets grows to 7.1 percent
Tuesday, May 4th, 2021The share of “bad” assets of Armenia-based banks is currently 7.1%, said the chairman of the Central Bank Martin Galstyan
Armenian central bank raises refinancing rate by 0.5% to 6%
Tuesday, May 4th, 2021The Executive Board of Armenia’s Central Bank decided today to raise the refinancing rate by 0.5 percentage points, setting it at 6%
