News of the hour

Converse bank sponsors Yerevan Spring Run 2018 marathon

20.04.2018 19:08

Converse bank sponsors Yerevan Spring Run 2018 marathon

Converse Bank said today it is the sponsor of the Yerevan Spring Run 2018 marathon, which is expected to attract about one thousand runners to the amateur race

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Ranking of most profitable Armenian banks in quarter one, 2018

19.04.2018 18:12

Ranking of most profitable Armenian banks in quarter one, 2018

YEREVAN, April 19. /ARKA/. According to ARKA news agency’s quarterly ranking of the most profitable banks, 17 Armenia-based commercial banks earned a total of 20.1 billion drams in net profit in the first quarter of 2018, up from 10.7 billion drams they had earned in the same period last year. The growth was 87.2%. All […]

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Armenian banks’ net profit in quarter one doubles

19.04.2018 18:05

Armenian banks’ net profit in quarter one doubles

Seventeen Armenia-based commercial banks earned a total of 20.1 billion drams in net profit in the first quarter of 2018, up from 10.7 billion drams they had earned in the same period last year. The growth was 87.2%. All 17 banks closed the first quarter with a profit

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Unistream card saves up to 10% of spendings

18.04.2018 13:55

Unistream card saves up to 10% of spendings

Unistream bank cardholders can now get paid back for everyday purchases thus saving money on their RUR-currency cards, the bank’s press office reported on Tuesday

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Armenian banks bought $93.6 million last week

17.04.2018 15:37

Armenian banks bought $93.6 million last week

Armenian banks bought a total of $93.6 million at the local inter-bank forex market in a time span from April 9 to April 13 at the weighted average exchange rate of 481.97 drams per one USD, the Central Bank reported today

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Armenia’s central bank to launch ‘month of my finance’ program

12.04.2018 18:25

Armenia’s central bank to launch ‘month of my finance’ program

Armenia’s Central Bank said today it will launch the “Month of My Finance” program on April 16

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ADB: 4% economic growth expected in Armenia in 2018

12.04.2018 17:31

ADB: 4% economic growth expected in Armenia in 2018

The Asian Development Bank forecasts a moderate four-percent economic growth in 2018 to Armenia.
In its Asian Development Outlook 2018 “How Technology Affects Jobs”, the ADB says that GDP growth will stand at 4.2%

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Converse bank and AYB educational foundation agree to cooperate

10.04.2018 19:23

Converse bank and AYB educational foundation agree to cooperate

On April 6, a cooperation agreement was signed between Converse Bank and Ayb Educational Foundation. Within the scopes of it, the All-Armenian Tournament of Young Chemists will be held on May 5

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Central bank of Armenia to ensure price and financial system’s stability

10.04.2018 18:53

Central bank of Armenia to ensure price and financial system’s stability

Armenia’s Central Bank said today that since April 9 it has basically two main goals: to ensure price and financial system’s stability

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Armenia’s gross international reserves shrunk 1.9% to $2 234.5 million by late March 2018

10.04.2018 14:44

Armenia’s gross international reserves shrunk 1.9% to $2 234.5 million by late March 2018

Armenia’s gross international reserves totaled $2 234.5 million in late March 2018 after shrinking 1.9% or by $44.7 million over one month, the Central Bank of Armenia said Tuesday in its preliminary report

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