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  • Archive for June, 2021

    Vtb bank (Armenia) offers pensioner cards for receiving pensions via ATMs

    Thursday, June 17th, 2021

    VTB Bank (Armenia) said today pensioners could apply to any of its branch for getting pensioner cards and receive their pensions through ATMs

    Acba Bank and NABU review results of competition announced as part of "Development of organic agriculture" program

    Wednesday, June 16th, 2021

    The Acba Bank and Germany’s Nature and Biodiversity Conservation Union (NABU) have reviewed the results of a competition announced as part of a jointly implemented program “Development of organic agriculture” in 2020-2021, the press service of the bank reported today

    Mortgage lending in Armenia on the rise, central bank says

    Wednesday, June 16th, 2021

    Consumer lending in Armenia is not booming, but mortgage lending has intensified, Chairman of the Central Bank Martin Galstyan told reporters on Tuesday

    CDA Online app is live now! The services of Central Depository of Armenia are available online

    Tuesday, June 15th, 2021

    Central Depository of Armenia has launched “CDA Online” app which makes receiving of information from depository account and instructions on transfers available online. For the first time in Armenia an international e-voting mechanism resonant to international standards has been created for issuers and investors.
    Users can be aware of the shareholder meetings, its deadlines and agenda, moreover, they can receive attached documents, send questions to the issuer (joint stock company), participate the general discussions, vote and receive all previous meeting data. Saving additional resources the issuer, in its turn, gets the opportunity to invite General Meeting, receive summarized data and communicate with the investors more productively. Moreover, with this app you can take part in the General Meetings invited by the Issuer without arriving the meeting setting

    Armenia's Central Bank expects inflation to have significant impact on economy

    Tuesday, June 15th, 2021

    Armenia’s Central Bank expects the inflation to have a considerable impact on the economy, however, it will not exceed the projected band, chairman of the Central Bank Martin Galstyan said on Tuesday

    Armenia's Central Bank expects private remittances to Armenia to grow this year by 15-17%

    Tuesday, June 15th, 2021

    Armenia’s Central Bank expects the amount of private remittances sent to Armenia from Russia and other countries largely by labor migrants to grow this year by an average of 15-17%, Chairman of the Central Bank Martin Galstyan told reporters on Tuesday

    Armenian NSS arrests two citizens suspected of selling counterfeit US dollars

    Tuesday, June 15th, 2021

    Armenia’s National Security Service (NSS) said it has arrested two men who are suspected of selling counterfeit U.S. dollars

    Armenia's total public debt grows by $120.830 million to over $8.7 billion

    Friday, June 11th, 2021

    Armenia’s total public debt stood at $8,772.839 million in late April 2021, having grown by $120.830 million from the previous month, according to the numbers, released by the National Statistical Committee (NSC)

    VTB Bank (Armenia) launches lending to aspiring entrepreneurs as part of government's 19th assistance program

    Friday, June 11th, 2021

    As part of the 19th assistance program designed by the government of Armenia to help offset the economic consequences of the coronavirus crisis, conducted jointly with the Ministry of Economy and the Investment Support Center Foundation, VTB Bank (Armenia) announced today lending to small businesses and assistance in the implementation of business projects of entrepreneurs in this segment, the press service of the bank reported

    Armenia's forex reserves grow to $2,990.6 billion

    Friday, June 11th, 2021

    Armenia’s foreign exchange reserves in late April 2021 stood at $2,990.6 billion, the Central Bank said today, up from $2,615.5 billion in late December, 2020