Russian VTB Bank has launched international money transfers enabling recipients to withdraw the cash without opening a bank account, Alexei Khranilov, head of Money Transfers Division at VTB Transactional Retail Business Department, told RBC
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Archive for October, 2023
VTB launches cross-border money transfers to Armenia and some other countries
Thursday, October 26th, 2023Individual remittances to Armenia from abroad in 8 months exceeded $3.8 billion
Wednesday, October 25th, 2023Cross-border individual remittances sent to Armenia through the banks in the first 8 months of 2023 exceeded $3.8 billion, up from $2.9 billion, sent in the same time span of 2022, the Central Bank said
About 200 representatives from different countries to take part in FINTECH360 in Yerevan
Monday, October 23rd, 2023About 200 representatives of leading banks, payment systems, fintech companies, startups, specialized associations from Armenia, Georgia, Belarus, Moldova, Kazakhstan, Kyrgyzstan, Poland, Tajikistan, Russia, China, UAE and Uzbekistan, will take part in the international conference FINTECH360, scheduled to take place in Yerevan on October 26-29, 2023, the press service of Unibank reports
Converse Bank presented with “Euro STP Excellence Award 2022”
Friday, October 20th, 2023Converse Bank said today it has once again been awarded with “Euro STP Excellence Award” for quality excellence by one of leading European banks, Commerzbank AG.
Total capital of Armenia's banks amounts to about AMD 1.5 trillion
Friday, October 20th, 2023The total capital of 18 Armenia-based commercial banks amounted to about AMD 1.5 trillion in late September, 2023 having increased by 13.48% as compared to the beginning of the year
Armenia's top 5 banks by asset size for Q3 2023
Friday, October 20th, 2023According to ARKA news agency’s quarterly bulletin ‘Banks of Armenia,’ the top 5 commercial banks of Armenia by asset size as of 30.09.2023 were Ardshinbank, Ameriabank, Armbusinessbank, Acba Bank and Inecobank
Amundi-Acba makes first direct investment in equities of Armenian company
Friday, October 20th, 2023Amundi-Acba Asset Management CJSC made a major investment from the assets of the Balanced and Conservative Pension Funds under its management in the equities of Telecom Armenia OJSC by participating in the initial public offering
Net profit of Armenian banks in 9 months of 2023 amount to about 215 bln. drams
Friday, October 20th, 2023Eighteen Armenia-based commercial banks earned a total of 214.96 billion drams in net profit in the first nine months of 2023, by almost 11 % more than in the same time span of 2022, according to the banks’ reports published in accordance with IFRS.
Acba Leasing's partner FULL COOL refrigeration facility can store up to 10 thousand tons of products (video)
Friday, October 20th, 2023One of the largest refrigerating facilities in Armenia – FULL COOL company- can store up to 10 thousand tons of products
Byblos Bank's special offer brings up to 50 million business loan based on income declaration only
Thursday, October 19th, 2023Byblos Bank Armenia is introducing a new special business offer to provide financing to SMEs in a short period of time, based on a minimum package of required documents
