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  • Archive for October, 2021

    Unibank issued preferred shares with a 12% yield

    Tuesday, October 12th, 2021

    Unibank OJSC issued preferred shares with a chance to receive guaranteed dividends. The fixed return on shares is 12% per annum. The issue will be placed until October 20, 2021

    Holders of Acba bank’s Visa cards can now make contactless, fast and innovative payments using smart watches of Garmin brand

    Monday, October 11th, 2021

    For the first time in Armenia, holders of Visa cards issued by Acba bank have got the opportunity to make contactless, fast and innovative payments using smart watches of the Garmin brand with NFC technology of wireless data transfer, the press service of the bank reported

    Armenian government to look into demand for Diaspora bonds

    Monday, October 11th, 2021

    The government of Armenia is set to look into the demand for so-called Diaspora bonds as part of its development program

    Gevorg Machanyan elected head of Board of Union of Banks of Armenia

    Monday, October 11th, 2021

    Gevorg Machanyan, Chairman of the Board of Directors and Executive Director of Armswissbank CJSC was elected as new head of the Board of the Union of Banks of Armenia (UBA).

    EIB ready to assist Armenia in improving business environment

    Friday, October 8th, 2021

    Armenia’s Minister of Finance Tigran Khachatryan received on Friday the head of the regional representation of the European Investment Bank (EIB) for the South Caucasus Maciej Czura , the press service of the Ministry of Finance reported

    ACBA Bank organizes free business trainings for small and medium-sized businesses (photos, video)

    Thursday, October 7th, 2021

    How to show concern, to build a motivated team, to manage guest complaints, and position your business correctly?

    VTB Bank (Armenia) warns its clients against phone scams

    Wednesday, October 6th, 2021

    VTB Bank (Armenia) warned today its clients against phone scams, saying their number has increased dramatically recently

    Armenian parliament revokes partial compensation for mortgage interest

    Wednesday, October 6th, 2021

    By a vote of 59 to 22 the Armenian parliament has passed today in the first reading an amendment to the Tax Code, which revokes a provision of the law that allows citizens to use their individual income tax to pay off interests on their mortgage loans, making them actually interest free

    Unibank delegation visits international exhibition ‘AGROPRODMASH’

    Tuesday, October 5th, 2021

    Unibank, which is an active lender to farmers in Armenia, promoting the development of agriculture, sent a delegation to the international agricultural exhibition “AGROPRODMASH,” which runs October 4-8 in Moscow, the Russian Federation, the bank’s press service reported

    Armenia’s 12-month inflation in September ups to 8.9%

    Tuesday, October 5th, 2021

    Consumer prices in Armenia in September 2021 were up 8.9% compared to September 2020, according to numbers, released today by the National Statistical Committee (NSC)