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ADB loan to further enhance financial markets, public efficiency in Armenia

16.11.2018 12:12

ADB loan to further enhance financial markets, public efficiency in Armenia

The Asian Development Bank (ADB) said today it has approved a $50 million policy-based loan as part of an ongoing program of financial reforms to strengthen public debt and fiscal risk management and develop financial markets in Armenia

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Converse Bank announces 25 percent cashback for students

15.11.2018 17:57

Converse Bank announces 25 percent cashback for students

On the eve of the International Students Day, Converse Bank said it is launching another loyalty campaign – the Bank’s student cardholders can benefit from the opportunities offered by the announced CashBack campaign

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Armenia’s top ten most profitable credit organizations in first 9 months of 2018

15.11.2018 16:45

Armenia’s top ten most profitable credit organizations in first 9 months of 2018

Out of 35 credit organizations operating in Armenia, 33 were profitable in the third quarter of 2018 earning a total of 38.58 billion drams, according to ARKA news agency’s ranking. The other 2 companies reported losses to the tune of 35.2 million drams

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Armenian central bank has no connection with ‘Banks, Loans, Investments and Economy’ expo

15.11.2018 14:21

Armenian central bank has no connection with ‘Banks, Loans, Investments and Economy’ expo

The Central Bank of Armenia reported Wednesday that it has no connection with the expo ‘Banks, Loans, Investments and Economy’, despite the event organizers has used the logo of the regulator

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Armenian central bank leaves refinancing rate unchanged at 6 percent

13.11.2018 18:58

Armenian central bank leaves refinancing rate unchanged at 6 percent

Armenia’s Central Bank has decided today to leave the refinancing rate unchanged at 6%, saying also the inflation in January 2018 was recorded a 2.7%, almost as much as in 2017 January

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Converse Bank will fund the work connected with opening of Argentine Center in Yerevan

13.11.2018 17:25

Converse Bank will fund the work connected with opening of Argentine Center in Yerevan

Converse Bank said today it will fund the work connected with opening of the Argentine Center at Yerevan State University of Languages and Social Sciences after Valery Brusov. A memorandum of cooperation has been signed for this purpose

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VTB Bank (Armenia) recognized as best partner of Thomson Reuters in 2018

13.11.2018 17:23

VTB Bank (Armenia) recognized as best partner of Thomson Reuters in 2018

VTB Bank (Armenia) said today it was recognized as the best partner of Thomson Reuters in 2018

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VTB Bank (Armenia) announces winners of marketing campaign

12.11.2018 18:31

VTB Bank (Armenia) announces winners of marketing campaign

VTB Bank (Armenia) announced today the results of a marketing campaign #when you win, conducted jointly with the MasterCard international payment system

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Around $89.6 million bought by Armenian banks last week

12.11.2018 15:36

Around $89.6 million bought by Armenian banks last week

Armenia’s commercial banks bought around $86.8 million from the local foreign currency market on October 29 to November 3 at the average weighted exchange rate of 487.18 drams per one USD

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Joint seminar by Converse Bank and SME Banking Club focuses on lending to SME

09.11.2018 18:48

Joint seminar  by Converse Bank and  SME Banking Club focuses on lending to SME

The focus of a seminar initiated and supported by Converse Bank and conducted today in Yerevan by SME Banking Club, a professional international platform for business bankers, was on the latest tends in lending to SMEs, agriculture and energy sectors

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