News of the hour

VTB Bank (Armenia) asks holders of MasterCard banking cards to make purchases by using POS terminals

21.03.2019 18:59

VTB Bank (Armenia) asks holders of MasterCard banking cards to make purchases by using POS terminals

VTB Bank (Armenia) urged today its customers to make purchases by using their MasterCard banking cards, saying they just need to tap it on the POS terminal or other device

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ACBA-CREDIT AGRICOLE BANK AND MasterCard announce UEFA Champions League contest

21.03.2019 18:58

ACBA-CREDIT AGRICOLE BANK AND MasterCard announce UEFA Champions League contest

The ACBA-CREDIT AGRICOLE BANK and the MasterCard have announced the UEFA Champions League contest, designed both for new and current holders of MasterCard cards

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Armenian Central Bank chairman explains why interest rates on loan may reach 50-100%

21.03.2019 17:58

Armenian Central Bank chairman explains why interest rates on loan may reach 50-100%

The chairman of the Central Bank of Armenia Artur Javadyan unveiled today some details of a set of projects designed to improve the financial literacy of citizens

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Armenian draft law bans former convicts from holding some positions

21.03.2019 17:57

Armenian draft law bans former convicts from holding some positions

A set of amendments to the laws on insurance and insurance activities, on payment and settlement systems and organizations

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Private money transfers to Armenia in January 2019 grew by 25.7% to $119 million

20.03.2019 18:53

Private money transfers to Armenia in January 2019 grew by 25.7% to $119 million

Private money transfers to Armenia sent through banks in January 2019 amounted to $119 million

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Mortgage lending in 2019 February doubles

19.03.2019 22:19

Mortgage lending in 2019 February doubles

In February 2019 mortgage lending in Armenia doubled when compared to February 2018

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Cash transactions still prevail in Armenia, chairman of Union of Banks of Armenia says

19.03.2019 22:17

Cash transactions still prevail in Armenia, chairman of Union of Banks of Armenia says

The total amount of non-cash transactions made in Armenia through banks is still low, despite the widespread use of modern technologies

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CIS banks’ credit profiles hurt by weak corporate governance, while in Armenia this is less noticeable – Moody’s

19.03.2019 22:16

CIS banks’ credit profiles hurt by weak corporate governance, while in Armenia this is less noticeable – Moody’s

Banks in the Commonwealth of Independent States generally have weaker corporate governance than peers in other regions and this is harming their credit profiles

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Arpine Hovhannisyan unhappy about central bank’s support for Armenian prime minister’s initiative

18.03.2019 15:33

Arpine Hovhannisyan unhappy about central bank’s support for Armenian prime minister’s initiative

Arpine Hovhannisyan, former vice-speaker at the Armenian parliament and former justice minister

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IdBank completes placement of first issue of bonds in 2019

15.03.2019 19:01

IdBank completes placement of first issue of bonds in 2019

The IDBank said today it has successfully completed the placement of the first issue of bonds in 2019

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