News of the hour

National Mortgage Company refinances some 11,000 loans over one decade

16.07.2019 19:16

National Mortgage Company refinances some 11,000 loans over one decade

Armenia’s National Mortgage Company Universal Credit Organization has refinanced some 11,000 loans over one decade of its presence at Armenia’s market, of which 7,400 have been provided for acquisition of housing, and the remaining loans for repair and construction of detached houses, National Mortgage Company UCO Executive Director Edmond Vardumyan said in an exclusive interview with ARKA News Agency.

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Unibank opens 50th branch in Armenia

16.07.2019 19:14

Unibank opens 50th branch in Armenia

Unibank’s new branch was opened in the city of Ararat, the bank’s press office reported on Tuesday. All the clients, both individuals and legal entities will be provided with all the banking services including the admission of deposits, consumer and business crediting, money transfers, cash and settlement services, investments in Unibank’s shares and bonds at the newly opened branch

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Stepan Gishyan charity repairs classroom and donates digitized telescope to Byurakan observatory (video)

15.07.2019 16:57

Stepan Gishyan charity repairs classroom and donates digitized telescope to Byurakan observatory (video)

The sixth scientific camp in Byurakan is just one of the joint programs implemented by Stepan Gishyan charity foundation and the Byurkan Observatory, the ACBA-CREDIT AGRICOLE BANK said in a news release. It said the scientific camp has brought together children from various schools across Armenia

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Armenia’s total public debt increased by $9.5 million to $6 934 million in June

15.07.2019 16:53

Armenia’s total public debt increased by $9.5 million to $6 934 million in June

Armenia’s total public debt amounted to $6 934 million in late June 2019 after growing by $9.5 million over one month, the country’s finance ministry reported on Friday

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ACBA-CREDIT AGRICOLE BANK unveils new offer designed for small and medium-sized Armenian companies

11.07.2019 17:54

ACBA-CREDIT AGRICOLE BANK unveils new offer designed for small and medium-sized Armenian companies

As part of its “My Business, My Bank” program the ACBA-CREDIT AGRICOLE BANK offers small and medium-sized businesses (SMEs) a new format of cooperation, which provides not only for provision of financial resources, but also for combined non-financial services, the press service of the bank reported

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Singapore’s Temasek Holdings may make investment in venture foundation in Armenia

09.07.2019 12:42

Singapore’s Temasek Holdings may make investment in venture foundation in Armenia

There is a small, but organized Diaspora in Singapore the representatives of which successfully operate in different areas, including technological. Singapore’s Temasek Holdings Foundation Co-cohair Nagi Hamiyeh said Monday as he met with Armenian Prime Minster Nikol Pashinyan, who is in Singapore now for an official visit, the press office of the Armenian government reports

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Zangezur copper and molybdenum combine to issue bonds to the tune of $50 million and 2.5 billion Armenian drams

09.07.2019 12:34

Zangezur copper and molybdenum combine to issue bonds to the tune of $50 million and 2.5 billion Armenian drams

The Zangezur Copper and Molybdenum Combine in the southern Armenia said today it has begun a process to enter Armenia’s securities market with the support of Ameriabank

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Armenia to issue new Eurobonds

04.07.2019 17:41

Armenia to issue new Eurobonds

The Government of Armenia at a meeting today made a decision on the procurement of services for issuing new Eurobonds to redeem a previous issue. Finance Minister Atom Janjughazyan said the decision is in tune with the government’s program of actions

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Javadyan travels to Saint Petersburg for congress

04.07.2019 10:33

Javadyan travels to Saint Petersburg for congress

Arthur Javadyan, the head of the Central Bank of Armenia, flew Wednesday to the Saint Petersburg to attend the 28th International Financial Congress “Financial Markets – New Challenges and Maintenance of Stability”, the press office of the regulator reports

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ACBA-CREDIT AGRICOLE BANK and NABU announce winners of organic agriculture competition

02.07.2019 18:55

ACBA-CREDIT AGRICOLE BANK and NABU announce winners of organic agriculture competition

The ACBA-CREDIT AGRICOLE BANK and the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, have summed up the results of a competition announced as part of their jointly implemented program “Development of Organic Agriculture 2019-2020.”

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