The Central Bank of Armenia and the German KfW Development Bank signed a loan agreement on Monday for the 3rd stage of the SME lending program, which will go along with a technical assistance
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Archive for December, 2021
Armenian Central Bank, KfW sign 70 million euro loan agreement
Monday, December 20th, 2021IMF: Armenia’s economic growth projected at around 5½ percent in 2021
Monday, December 20th, 2021The Executive Board of the International Monetary Fund (IMF) concluded last Friday the 2021 Article IV consultation and completed the fourth and fifth reviews of Armenia’s performance under its economic program supported by the SBA
Unibank decreases tariffs for SWIFT transfers down to AMD 1,500
Wednesday, December 15th, 2021Unibank is carrying out a new promotion for legal entities and individuals, in the scope of which it has decreased the tariffs for the international SWIFT transfers
Central bank predicts 8.4-8.5% inflation for 2021
Tuesday, December 14th, 2021Armenia’s 12-month inflation at the end of 2021 will be 8.4-8.5%. Chairman of Central Bank of Armenia Martin Galstyan said at a press conference today
Armenia’s central bank raises refinancing rate by 0.5% to 7.75%
Tuesday, December 14th, 2021Armenian Central Bank’s Board has decided today to raise the refinancing rate by 0.5% to 7.75%
Armenian securities market grows 25% in 12 months to 169 billion drams
Monday, December 13th, 2021The insights of the November at Armenia Securities Exchange have shown a surge of market and trade values of securities in comparison with November, 2020
Acba digital platform of Acba bank replenished with four new features (video)
Friday, December 10th, 2021Acba bank keeps on elaborating its acba digital platform. The bank’s press service said today that the platform’s new tool – acba share – has been enriched with four new features. From now on clients will not face any difficulties while using banking services: everything will be done from their smartphone in few minutes
Armenian PM calls for increasing share of national currencies in settlement of transactions within EEU
Friday, December 10th, 2021YEREVAN, December 10. /ARKA/. Speaking at a meeting of the Supreme Eurasian Economic Council today via videoconference Armenian Prime Minister Nikol Pashinyan said EEU member states should realize the strategic goal of increasing the share of national currencies in the settlements of trade transactions among EEU member states.
"SOS Children's Villages" Foundation and AraratBank signed a cooperation agreement
Thursday, December 9th, 2021On December 8, the agreement was signed between Spartak Sargsyan, National Director of SOS-Children’s Villages and Mher Ananyan, Chairman of the Executive Board of ARARATBANK OJSC within the framework of which the bank will finance the canteen of Day Care Centre of “Socioeconomic Integration of Syrian-Armenian Families in Yerevan” project for one year
Acba bank starts providing 5G loans
Wednesday, December 8th, 2021Acba bank has started providing 5G loans through its acba digital platform, the bank’s press service reported today
