Banks
2020-01-24 18:44:47 Armenian central bank leaves refinancing rate unchanged
Armenian central bank leaves refinancing rate unchangedArmenia's Central Bank said today it decided to leave the refinancing rate unchanged at 5.5%. It said the Lombard repo rate is 7% and the interest rate on funds raised from banks is 4%
2020-01-24 16:36:26 Yerevan-2800 silver collectible coin wins 3rd place at Coin Constellation competition in Russia
Yerevan-2800 silver collectible coin wins 3rd place at Coin Constellation competition in RussiaThe Yerevan-2800 silver collectible commemorative coin, issued by the Central Bank of Armenia in 2018, won the 3rd place in the Coin of the Year nomination at the 13th international competition Coin Constellation 2019 in the Russian Federation
2020-01-24 16:35:12 Ardshinbank issues Eurobonds totaling $300 million
Ardshinbank issues Eurobonds totaling $300 millionArdshinbank has issued Eurobons in unprecedented amount - USD 300 million at the lowest ever interest rate - 6.5%, Armenian Prime Minister Nikol Pashinyan reported Thursday on his Facebook page
2020-01-23 18:43:43 Justice to be established - interests to be paid to Armenian depositors for first day
Justice to be established - interests to be paid to Armenian depositors for first dayThe National Assembly of Armenia amended Thursday at the first reading the Civil Code. Thanks to the amendment, depositors will have interests also for the first day of their deposits
2020-01-22 18:18:11 Armenian law-enforcement bodies' access to banking secrecy expands
Armenian law-enforcement bodies' access to banking secrecy expandsArmenia's National Assembly has approved today in the second and final reading a set of amendments to the laws on criminal procedure and on bank secrecy. Before coming into force they need to be signed into law by the president of the country
2020-01-16 14:44:45 HSBC appoints new CEO in Armenia
HSBC appoints new CEO in ArmeniaHSBC has announced the appointment of Irina Seylanyan as Chief Executive Officer Designate of HSBC Bank Armenia cjsc, with effect from 2 March 2020