VTB (Armenia) bank has added a new tool to its line of credit products designed for small business, the bank’s press service reported today. It said the new tool is available to clients with positive credit history

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Unibank and MasterCard are running a joint promo campaign “Enjoy Summer with Unibank and MasterCard,” within the framework of which new cardholders can win a tourist trip. Every month from May to July two round trips for two persons will be raffled off. The grand prize will be a seven-day trip for two to Dubai

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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

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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

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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

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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

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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

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Two well-known hedge funds – Teza Capital Management and WorldQuant have opened offices in Armenia, Bloomberg reported

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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

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The “What? Where? When?” quiz game tournament among bank and IT sector trams was held in Yerevan with the support of VTB (Armenia)

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