The Central Bank of Armenia has designed a set of amendments to the law “On Investment Funds” and a number of related laws, the regulator said today
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Archive for July, 2023
Armenian Central Bank initiates amendments to law on investment funds
Monday, July 24th, 2023Loan portfolio of Armenian banks exceeds AMD 4.5 trillion
Friday, July 21st, 2023The loan portfolio of all 18 Armenia-based commercial banks grew by 8% during the first half of 2023 to over AMD 4.5 trillion as of 30.06.2023
ARKA news agency releases recurrent ranking of most profitable banks in Armenia
Friday, July 21st, 2023ARKA news agency has released a fresh edition of the ranking of the most profitable commercial banks in Armenia in the first half of 2023
Net profit of Armenian banks in first half of 2023 amounts to 142 billion drams
Friday, July 21st, 2023In the first half of 2023 Armenia-based banks earned 142 billion drams in net profit, a 25% increase compared to the same time span in 2022
Armenian Central Bank puts into circulation silver collector coin dedicated to Olympic Champion Hrant Shahinyan
Thursday, July 20th, 2023On July 20, 2023, the Central Bank of Armenia has put into circulation a silver collector coin dedicated to the 100th anniversary of Hrant Shahinyan’s birth
Amundi-Acba made a huge investment in the RA economy
Wednesday, July 19th, 2023Amundi-Acba made an investment from the assets of Balanced and Conservative pension funds in the first EU-Armenia SME private equity fund that invests in the equity capital of companies operating in various sectors of the RA economy, Acba Bank said in a press release
Amber Capital, EU-Armenia SME Fund, to invest USD 3 million in EcoVille
Monday, July 17th, 2023Amber Capital invested USD 3 million in EcoVille, a diversified renewable energy group based in Armenia
Acba Bank staerts providing subsidized loans for building homes in border settlements of Armenia
Monday, July 17th, 2023Acba Bank has started providing subsidized loans for construction of homes in border settlements as part of a government program designed for 2022-2024 to help ensure housing affordability for families in border settlements of the Republic of Armenia
Local branches of German GIZ and KfW to be established in Armenia
Thursday, July 13th, 2023The Armenian Parliament on Thursday ratified an agreement on the establishment of local branches of the German Agency for International Cooperation (GIZ) and KfW Reconstruction Credit Bank
Government bond allocation and buyback auctions with a volume of 64 billion AMD took place on AMX
Wednesday, July 12th, 2023On July 11 the allocation and buyback auctions of government bonds totaling 64 billion AMD took place on Armenia Securities Exchange (AMX)
