As from May 30, 2023, FINCA UCO CJSC intends to underwrite nominal coupon bonds in AMD (code: AMFNCAB2EER0) and USD (code: AMFNCAB2FER7). AraratBank will act as an underwriter and market maker
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Archive for May, 2023
AraratBank underwrites FINCA UCO bonds
Wednesday, May 24th, 2023Fifteen YSU students will receive Byblos Bank Armenia scholarships and tuition reimbursement
Tuesday, May 23rd, 2023On May 19, Byblos Bank Armenia and Yerevan State University signed a memorandum of cooperation to establish a framework for the Bank to provide scholarships and tuition reimbursement to 15 high-achieving students
Interest income of Armenian Central Bank from assets totaled AMD 71.3 bln in 2022
Tuesday, May 16th, 2023The interest income earned by the Central Bank of Armenia in 2022, increased by 16.6 billion drams from the previous year to 71.3 billion drams, according to the regulator’s annual report
Visitors Center of Armenian Central Bank joins International Museum Day and Museum Night
Tuesday, May 16th, 2023The Visitors Center of Armenia’s Central Bank has joined the events dedicated to the International Museum Day on May 18 and the Night of Museums on May 20, the regulator’s press service reported
Unibank announces new issue of shares
Friday, May 12th, 2023Unibank CJSC has announced a new issue of shares. The bank said it plans to place 15 mln common non-documentary shares worth 4.5 billion drams by means of public offering
Armenian government approves €92.3 million loan agreement with IBRD
Thursday, May 11th, 2023The Armenian government approved today an agreement signed between Armenia and the International Bank for Reconstruction and Development (IBRD) whereby the latter will provide €92.3 million loan for the Armenia Green, Resilient and Inclusive Development Policy Operation project
Closed border does not interfere Turkish capital's penetration to – says MP
Wednesday, May 10th, 2023The closed border (between Turkey and Armenia) does not hinder the penetration of Turkish capital and goods to the Armenian market, Babken Tunyan, an MP from the ruling Civil Contract party said today
Teza, WorldQuant Open Armenian Offices
Monday, May 8th, 2023Two well-known hedge funds – Teza Capital Management and WorldQuant have opened offices in Armenia, Bloomberg reported
Central bank: remittances of individuals to Armenia from abroad in Q1 triple to about $1.6 bln
Monday, May 8th, 2023Private money transfers sent to Armenia from abroad via banks in the first quarter of 2023 tripled from the first quarter of 2022 to about $1.6 bln, according to a Central Bank report
Central Bank of Armenia: price stability will be ensured regardless of dollar/dram exchange rate
Monday, May 8th, 2023Regardless of the U.S. dollar/dram exchange rate, stability of prices will be ensured in Armenia, Deputy Chairman of the Central Bank of Armenia Armen Nurbekyan said