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  • Archive for May, 2022

    Armenian banks 'take aboard' 16,000 non-resident clients

    Wednesday, May 4th, 2022

    Armenian banks have currently about 16 thousand non-resident clients,  most of them are from the Russian Federation, who have moved their economic interests to Armenia, Chairman of the Central Bank Martin Galstyan told a Tuesday press conference

    Armenia's mortgage market shows signs of overheating

    Tuesday, May 3rd, 2022

    Armenia’s Central Bank has recorded signs of “overheating” in the local  mortgage market, Chairman of the Central Bank Martin Galstyan said today. According to him, 36% growth was registered in mortgage lending last year

    Unibank's Tashir branch starts servicing customers

    Tuesday, May 3rd, 2022

    The recently opened branch of Unibank has started servicing customers in the town of Tashir in Lori marz (province), the bank said today in a press release. The branch is located at 8/1, 6th quarter, Jahukyan Street

    The volume of AraratBank bonds of the 22nd issue expires 

    Tuesday, May 3rd, 2022

    The USD-denominated bonds issued by ARARATBANK Open Joint Stock Company on April 21 have been fully underwritten

    Central bank leaves key rate unchanged at 9.25%

    Tuesday, May 3rd, 2022

    The governing board of Armenia’s Central Bank has decided today to leave  the refinancing rate unchanged at 9.25%

    Armenia allowed to draw about US$35 million under SBA with IMF

    Monday, May 2nd, 2022

    The Executive Board of the International Monetary Fund (IMF) said it has completed the sixth and final review under the Stand-By Arrangement with Armenia

    Bitcoin, Etherium, NFT - how these and other complex words have created a new economic reality: the Bybit case.

    Monday, May 2nd, 2022

    A small café near the university. In front of me is one of the tastiest sandwiches one can get in the neighborhood. I’m totally into it as my friend is enthusiastically telling me about something that’s already worth $100. I am not really listening to him, because his story somehow reminds me of a commonplace fraud. I remember only the name – Bitcoin

    ARKA News Agency is 26 years old!

    Sunday, May 1st, 2022

    We are 26, and this means that we have crossed the threshold of a quarter of a century