Over the past month, Armenian banks have bought more dollars from their customers than they have sold, the Armenian Ministry of Economy said
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Archive for March, 2022
Ministry of Economy responds to concerns about shortage of dollars for customer service
Monday, March 14th, 2022Armenian central bank responds to Ukrainian peer's request
Friday, March 11th, 2022Armenia’s Central Bank responded to a request of the Central Bank of Ukraine to suspend transactions with Russian Mir payment cards
VTB Bank (Armenia) raises interests on savings accounts in Armenian drams
Thursday, March 10th, 2022VTB Bank (Armenia) announced today a rise in the interest rates on individuals’ savings accounts ‘Favorable’ and ‘Progressive’ deposited in Armenian drams
Unibank offers a “Special” business loan with an interest rate of 8.5% per annum
Thursday, March 10th, 2022Unibank has announced a new product for entrepreneurs. One can get a “Special” business loan in Armenian drams or US dollars for up to 60 months
The highest mountain organic vineyard in the world founded in Armenia (Video)
Wednesday, March 9th, 2022Winemaking advances to the mountains: at an altitude of 2080 meters above the sea level, next to Smbataberd and Tsaghats Kar, is the organic vineyard of Maran company. The Company has founded the highest vineyard in the organic world with the philosophy of preserving and balancing biodiversity
AraratBank acts as a market maker for FINCA UCO bonds
Monday, March 7th, 2022The AMD denominated coupon bonds issued by FINCA UCO CJSC and underwritten by ARARATBANK OJSC on February 14, 2022, will be listed on the Armenia Securities Exchange on March 9, 2002
Levon Sahakyan elected new member of Central Bank Board
Friday, March 4th, 2022Levon Sahakyan has been elected today a member of Armenia’s Central Bank Board in a secret ballot by 69 MPs
Armenia’s 12-month inflation in late February 2022 was 6.5%
Thursday, March 3rd, 2022The 12-month inflation in Armenia in February 2022 was 6.5%, according to the National Statistical Committee (NSC)
Sanctions imposed by West against Russia will not automatically affect Armenia, says Deputy Chairman of Central Bank of Armenia
Tuesday, March 1st, 2022YEREVAN, March 1. /ARKA/. The sanctions imposed by the West against Russia will not automatically affect Armenia, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.
