Banks @en

Solar photovoltaic power plant built in Talin with assistance of Acba Bank (video)

23.05.2022 23:47

Solar photovoltaic power plant built in Talin with assistance of Acba Bank (video)

Another solar photovoltaic power plant was built on a 7.5 hectare land plot in Talin with the assistance of Acba Bank. The Talin-2 power plant will produce 10.5 mln. kWh of electricity annually, Acba Bank’s press service reported

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Central Bank of Armenia puts  silver collector coin “Davit Bek” into circulation starting May 23

23.05.2022 10:59

Central Bank of Armenia puts  silver collector coin “Davit Bek” into circulation starting May 23

Davit Bek (date of birth unknown, died at the end of 1728) – a leader of the Armenian national liberation movement, a military commander. He served in the army of the king of Georgia Vakhtang VI

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Some 61,921 cash registers of new generation installed in Armenia so far

19.05.2022 22:01

Some 61,921 cash registers of new generation installed in Armenia so far

Some 61,921 cash registers of new generation have been installed in Armenia so far, out of which 12,546 have been reactivated to handle also cashless payment, State Revenue Committee Chairman Rustam Badasyan said at a governmental session on Thursday

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Government introduces 10% cashback for pensioners for making cashless transactions

19.05.2022 14:44

Government introduces 10% cashback for pensioners for making cashless transactions

YEREVAN, May 19. /ARKA/. The Armenian government has approved today a decision that will allow senior citizens to earn a certain amount of cashback if they use their credit or debit cards to pay for purchases.

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NPLs account for about 6% of Armenia's bank portfolio – UBA

13.05.2022 20:00

NPLs account for about 6% of Armenia's bank portfolio – UBA

The share of non-performing loans (NPL) in the portfolios of Armenian banks has not changed significantly in the first quarter of this year, fluctuating within the range of 6%, the executive director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Friday

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Total capital of Armenian banks in Q1 grew by 15.4% to about AMD 1.1 trillion

13.05.2022 18:15

Total capital of Armenian banks in Q1 grew by 15.4% to about AMD 1.1 trillion

In the first quarter of 2022 the total capital of all 17 Armenia-based commercial banks reached about AMD 1.1 trillion, the executive director of the Union of Armenian Banks (UBA) Seyran Sargsyan said today

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Armenian banks comply with international sanctions- UBA

13.05.2022 17:12

Armenian banks comply with international sanctions- UBA

All Armenia-based commercial banks make sure to strictly comply with all international sanctions, the executive director of the Union of Banks of Armenia (UBA), told a press conference today

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Prospects for further expansion of cooperation between Armenia and EBRD discussed in Morocco

12.05.2022 19:17

Prospects for further expansion of cooperation between Armenia and EBRD discussed in Morocco

Prospects for further expansion of cooperation between Armenia and EBRD were discussed by Armenian Finance Minister Tigran Khachatryan and EBRD top managers on the sidelines of an EBRD annual meeting in Morocco

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Armenia interested in cooperating with Japanese Mitsubishi UFJ

12.05.2022 19:16

Armenia interested in cooperating with Japanese Mitsubishi UFJ

Armenian Finance Minister Tigran Khachatryan had a meeting with representatives of Japanese Mitsubishi UFJ financial-banking holding in Morocco, the Finance Ministry’s press service reported

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Deposits in Armenian commercial banks amounted to about AMD 4 trillion at the end of the first quarter

11.05.2022 16:50

Deposits in Armenian commercial banks amounted to about AMD 4 trillion at the end of the first quarter

At the end of March the volume of deposits at Armenian commercial banks stood at AMD 3.98 trillion against AMD 4.05 trillion in February, according to the National Statistical Committee

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