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  • Archive for May, 2023

    AraratBank underwrites FINCA UCO bonds

    Wednesday, May 24th, 2023

    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

    Fifteen YSU students will receive Byblos Bank Armenia scholarships and tuition reimbursement

    Tuesday, May 23rd, 2023

    On 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, 2023

    The 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, 2023

    The 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, 2023

    Unibank 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, 2023

    The 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, 2023

    The 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, 2023

    Two 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, 2023

    Private 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, 2023

    Regardless 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