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    March 2023
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  • Archive for March 7th, 2023

    Taxes paid by Armenian banks in 2022 increased by 17.6% to about AMD 52.3 billion

    Tuesday, March 7th, 2023

    Taxes paid by 17 Armenia-based commercial banks in 2022 grew by AMD 9.2 bln or 17.6% from the previous year to about AMD 52.3 bln, the Union of Banks of Armenia (UBA) said

    AraratBank committed to the Sustainable Development Goals of the United Nations

    Tuesday, March 7th, 2023

    On 3 March 2023, an event dedicated to the 1st anniversary of AraratBank joining the United Nations Global Compact international initiative was held in the banquet hall of the “Zargatsum” branch of AraratBank

    Non-cash card transactions in Armenia grew in 2022 to  69% of total

    Tuesday, March 7th, 2023

    The number of payment cards in Armenia in 2022  grew by almost 29% from the previous year to  over 3.1 million. Compared to 2011, their number grew by 226%, according to the Union of Banks of Armenia

    Armenian banks' lending in  2022 grew by 6.1% from 2021 to about AMD 4.2 trillion

    Tuesday, March 7th, 2023

    Armenia-based 18 commercial banks’ credit portfolio in 2022 grew by 241 billion drams or 6.1% to about 4.2 trillion drams, the Union of Banks of Armenia said

    The total capital of Armenian banks in 2022 grew by 38.8% to AMD 1.3 trillion - SBA

    Tuesday, March 7th, 2023

    The total capital of all Armenia-based banks increased by 38.8% or AMD 368 billion in 2022 to AMD 1.3 trillion, according to the Union of Banks of Armenia UBA). Compared to late September 2022, the banks’ capital grew by about AMD 112bln or 9.3%

    Converse Bank  completes distribution of bonds

    Tuesday, March 7th, 2023

    Converse Bank has prematurely completed the placement of its bonds with total amount of 3 billion AMD and 10 million USD

    VTB (Armenia) customers can replenish accounts and pay loans in Haypost offices

    Tuesday, March 7th, 2023

    VTB (Armenia) bank’s retail customers has now the opportunity to replenish their bank accounts, deposits and repay  loans in the offices of  the national postal operator Haypost