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  • Archive for February, 2022

    Executive director of UBA does not rule out a possible merger or acquisition in local banking sector

    Wednesday, February 16th, 2022

    The Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan didn’t rule out  a possible merger or acquisition in the local banking sector in 2022, saying also that new players may appear in the market as well

    VTB Bank (Armenia) provides its clients with opportunity to buy government bonds in primary market

    Friday, February 11th, 2022

    Acting as an agent of the Armenian Ministry of Finance, VTB Bank (Armenia) enables its clients to buy government bonds in the primary securities market

    Armenia’s total public debt amounts to $9.2 billion

    Wednesday, February 9th, 2022

    Armenia’s total public debt as of December 31, 2021 stood at $9,225.643 billion, an increase of $66.367 million compared to November 30, 2021, the  National Statistical Committee said. The public debt as of December 31, 2020 stood at $7,968.486 billion

    Demand for government bonds prevails over twice

    Tuesday, February 8th, 2022

    Today the placement and buyback auctions of government bonds totalling AMD 28 billion have taken place on Armenian Securities Exchange

    Armenian securities market capitalization grows by 27% to AMD 174 bln

    Monday, February 7th, 2022

    Summary data, released by the Armenian Securities Exchange (AMX) for January 2022 show a comparative rise in the volume of trade and market as opposed to January 2021, the press service of the exchange reported

    The 12-month inflation in Armenia in late January 2022 amounts to 7.1 percent

    Monday, February 7th, 2022

    The 12-month inflation in Armenia’s consumer market in late January 2022 amounted to 7.1%, the National Statistical Committee (NSC) said today. It said also that the prices in late January 2022 were 1.6% up from late December 2021

    AraratBank acts as an underwriter of FINCA UCO CJSC bonds

    Friday, February 4th, 2022

    FINCA UCO CJSC is planning to issue and underwrite AMD denominated coupon bonds on February 10, 2022. ARARATBANK OJSC will act as an underwriter of bonds

    Acba Bank’s shares available on Armenian Securities Exchange (VIDEO)

    Thursday, February 3rd, 2022

    Citizens and representatives of the business community can already buy the shares of Acba Bank, which have been listed on the Armenian Securities Exchange (AMX), the bank’s press service reported

    Pashinyan promises improvement in well-being of citizens if projected growth is achieved

    Thursday, February 3rd, 2022

    Speaking at a government meeting today Armenian Prime Minister Nikol Pashinyan said if the authorities manage to secure the projected growth of 7% this year, opportunities would emerge for improving the well-being of citizens.

    VTB Bank (Armenia) launched VTB-in service for crediting money transfers on cards and accounts

    Wednesday, February 2nd, 2022

    VTB Bank (Armenia) offers its clients receiving money transfers both in Armenia and from abroad a new remote service called VTB-in, the bank said in a press release today