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  • Archive for April, 2022

    AMX holds allocation auction of government bonds to the tune of AMD 55 billion

    Friday, April 29th, 2022

    Today the allocation auction of government bonds (ISIN AMGB1129A316, AMGB3129A504, AMGN36294244, AMGN60294268) has taken place on Armenian Securities Exchange (AMX)

    Preferential mortgage from Unibank - refinancing on favorable terms

    Thursday, April 28th, 2022

    Unibank has launched a new loan product “Preferential mortgage”, which allows refinancing the credit. “Preferential mortgage” is aimed at improving credit conditions and reducing the debt burden, the bank’s press service said today

    VTB (Armenia) starts servicing Mir payment system's cards

    Wednesday, April 27th, 2022

    VTB (Armenia), a division of the Russian VTB Bank, said cardholders of the Russian Mir payment system have been able to withdraw cash from its ATMs starting from April, 2022

    Business entities in Armenia can lease equipment with subsidies at rates starting from 0%

    Tuesday, April 26th, 2022

    Acba Leasing Company provides business entities in Armenia with an opportunity to modernize their capacities either for setting up new or expanding existing productions as part of the government-designed program “Measures to modernize the economy,” the press service of Acba bank said today

    Armenian Finance Minister and IMF and World Bank leadership agree on organization of assistance programs

    Friday, April 22nd, 2022

    Armenian Finance Minister Tigran Khachatryan and Deputy Minister Vahe Hovhannisyan participated in the Spring Meetings of IMF and World Bank Boards of Governors held on April 19-22 in Washington, United States, the press service of the Armenian Ministry of Finance reported

    Armenian government works to develop capital markets

    Wednesday, April 20th, 2022

    The Armenian government is making efforts to develop capital markets, Economy Minister Vahan Kerobyan told a Forbes Global Russians webinar on Tuesday

    Armenia-based banks paid 12.76 billion drams in taxes in quarter 1, 2022

    Tuesday, April 19th, 2022

    Sixteen of the 17 Armenia-based commercial banks are in the list of 1000 largest corporate taxpayers in the first quarter of 2022 having paid a total of 12.76 billion drams in taxes and duties, according to the State Revenue Committee

    Unibank opens 56th ‘Hayrenik’ branch in Yerevan

    Tuesday, April 19th, 2022

    Unibank has opened its 56th ‘Hayrenik’ branch in Yerevan, located at 34, 4/1, Garegin Nzhdeh Street

    ARARATBANK issues and underwrites USD 5,000,000 bonds

    Monday, April 18th, 2022

    On April 21, 2022, AraratBank OJSC will issue the first USD-denominated tranche in 2022 on the following terms

    Some 30,000 new bank accounts opened in Armenia in March- minister

    Monday, April 18th, 2022

    About 30 thousand new bank accounts were opened in Armenia in March, 2022, Economy Minister Vahan Kerobyan said