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    November 2021
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  • Archive for November, 2021

    Armenian central bank joins Sustainable Banking and Finance Network

    Tuesday, November 30th, 2021

    . The Central Bank of Armenia said today it had joined the Sustainable Banking and Finance Network (SBFN) on November 24

    Inecobank introduces BNPL, the latest trend in worldwide shopping, to Armenia

    Monday, November 29th, 2021

    Inecobank said today it launches paylater, bringing the worldwide practice of BNPL (buy now, pay later) to Armenia – enjoy the moment, the payment can wait.

    Allow yourself more: Rocket line - the leading Armenian "Buy now, pay later" payment format from Idram&IDBank digital platform

    Friday, November 19th, 2021

    IDBank and Idram have established a new shopping culture in Armenia. Non-cash QR payments and non-cash payments in physical and online stores are commonplace for corporate customers, and Rocket line digital credit has also solved the problem of wallet content, or rather its balance.

    About $72.5 million (SDR 51.429 million) would become available to Armenia after IMF Board meeting

    Thursday, November 18th, 2021

    An International Monetary Fund (IMF) team, led by Nathan Porter, conducted discussions during October 19-November 12, 2021 for the 2021 Article IV consultation, as well as the combined fourth and fifth reviews of Armenia’s economic program, which is supported by an IMF Stand-By Arrangement (SBA), the IMF Office in Armenia said

    Armenia asks Russia to protect its sovereign territory from Azerbaijan

    Tuesday, November 16th, 2021

    Armenia has asked today Russia to protect its sovereign territory from the attack of Azerbaijani troops,  Secretary of the Security Council  Armen  Grigoryan said to the Public TV

    “The Power of One Dram” to “Teach for Armenia” Educational Foundation

    Monday, November 15th, 2021

    IDBank and Idram’s initiative, “The Power of One Dram”, has concluded its’ 6th program and transferred 8.057.944 AMD to the Health Fund for Children of Armenia, which organizes treatment of children with life-threatening diseases abroad

    Acba bank’s initial offering of 7.5 billion dram worth shares successfully completed (video)

    Friday, November 12th, 2021

    The public offering of shares announced by Acba bank in September, 2021 is completed, the press service of the bank said in a press release today

    Armenia replaces its deputy plenipotentiary representative in EDB Board

    Friday, November 12th, 2021

    Armenia’s Deputy Minister of Finance Vahe Hovhannisyan has replaced Armen Hayrapetyan as new Deputy Plenipotentiary Representative of the country in the Board of the Eurasian Development Bank (EDB)

    VTB Bank (Armenia) offers gold-secured loans at favorable terms

    Wednesday, November 10th, 2021

    VTB Bank (Armenia) offers loans secured by gold items at the most favorable terms. The special campaign will run from November 9 to December 30, 2021 (inclusive)

    Annual Music and Wine Festival held in Armenia with Unibank’s support

    Wednesday, November 10th, 2021

    The third annual Music and Wine Festival held in Armenia on November 7 was organized at the Voskeni Wines winery in partnership with Unibank OJSC. The event was timed to commemorate the Armenian composers – Alexander Spendiarov and Arno Babajanyan, the press service of the bank said today