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  • Archive for December, 2021

    Fitch Ratings: business conditions will remain supportive for lenders in Armenia

    Monday, December 6th, 2021

    The sector outlook for 2022 for banks in the CIS+ region is neutral, Fitch Ratings said. According to it,  business conditions will remain supportive for lenders in the region (Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Russia, Ukraine and Uzbekistan)

    Acba bank has held more than 100 free business training courses for development of SME

    Monday, December 6th, 2021

    Acba bank was the first bank in Armenia to start a series of free business training courses in 2013, designed specifically for the development of SME and to this day it has held 105 such courses, which involved managers of 820 small and medium-sized enterprises and 1,480 decision makers, the bank’s press service reported

    Informed means protected: IDBank

    Monday, December 6th, 2021

    Did you know that in order to ensure your information and financial security, special subdivisions are operating in the Banks and payment systems, and huge investments are being made

    Unibank ranked as a bank with best products for SMEs, according to SME Banking Club

    Friday, December 3rd, 2021

    YEREVAN, Dec.3 /ARKA/. SME Banking Club has published the outcomes of a survey of credit products for small and medium-sized businesses of over 200 banks in the CIS and the Caucasus. Unibank is recognized as one of the leading banks in its region. 

    EBRD and Amundi ACBA Asset Management sign derivatives master agreement

    Friday, December 3rd, 2021

    The European Bank for Reconstruction and Development (EBRD) and Amundi-ACBA Asset Management  are joining forces to facilitate access to local currency funding and strengthen the local capital market in Armenia

    Armenian corporate bond indices are already available on the official website of AMX-Armenia Securities Exchange

    Thursday, December 2nd, 2021

    Based on the best international experience, Armenia Securities Exchange has developed and for the first time in the region introduced corporate bond exchange indices, the prices of which are calculated and published on the official website of AMX on a daily basis

    Unibank offers USD-denominated coupon bonds with high yield of 4.8%

    Thursday, December 2nd, 2021

    Unibank said today it has issued US dollar–denominated bonds with high annual coupon yield of 4.8% to the tune of $5 million and 36 month circulation term. According to the bank, coupon income will be paid quarterly

    VTB (Armenia) launches lending project in USD and Euros for entrepreneurs

    Wednesday, December 1st, 2021

    VTB (Armenia) has unveiled today a special project it has designed for entrepreneurs who can apply for loans in US dollars and euros with interest rates of 8.5% and 6.5% respectively

    I Bari exports its produces to more than 10 countries

    Wednesday, December 1st, 2021

    Nikolay Mkhitaryan, co-founder and director of I Bari company, wants Armenia to be known as a country of fruits in the world as well