YEREVAN, October 20. /ARKA/. As a leading bank in Armenia’s installment loans market, VTB Bank (Armenia) provides customers with the opportunity to purchase goods and services on installment in more than 600 outlets, which are its partners, thereby allowing customers to buy goods and services now and  pay for them over the next months.

According to the press service of the bank, customers can in a matter of minutes buy necessary consumer goods such as  furniture, household or computer equipment, cell phones, building materials, auto parts, sports goods, musical instruments and much more through a wide partner network throughout Armenia.

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Tags: Armenia, Bank VTB (Armenia), Customers, offer, VTB Bank (Armenia)

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The capital adequacy ratio of Armenia’s banking sector as of June 2021 was 17%, as much as in June 2020, the Black Sea Trade and Development Bank (BSTDB) said in a report

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Tags: Armenia, BANKING SECTOR, BSTDB

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Lending rates have increased in Turkey and Armenia, the two countries that began tightening their monetary policies in 2020, while lending growth has slowed significantly, the Black Sea Trade and Development Bank (BSTDB) said in a report

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Armenia’s annual lending drops by 12% in first half of 2021 to 2 percent –BSTDB

Tags: Armenia, BSTDB, lending

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On October 12, 2021, S&P Global Ratings assigned its ‘B+’ long-term foreign- and local-currency sovereign credit ratings to Armenia. At the same time, it assigned its ‘B’ short-term foreign- and local currency ratings. The outlook is positive. It also assigned its ‘BB-‘ transfer and convertibility assessment to Armenia

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On October 13, 2021 the Central Bank of Armenia has put into circulation a silver collector coin dedicated to the 150th anniversary of Alexander Spendiaryan’s birth

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Tags: Alexander Spendiaryan, anniversary, Armenia, CB, collector coin

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The government of Armenia is set to look into the demand for so-called Diaspora bonds as part of its development program

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Armenia’s Minister of Finance Tigran Khachatryan received on Friday the head of the regional representation of the European Investment Bank (EIB) for the South Caucasus Maciej Czura , the press service of the Ministry of Finance reported

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Tags: Armenia, BUSINESS, EIB

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By a vote of 59 to 22 the Armenian parliament has passed today in the first reading an amendment to the Tax Code, which revokes a provision of the law that allows citizens to use their individual income tax to pay off interests on their mortgage loans, making them actually interest free

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Tags: Armenia, compensation, mortgage interest, PARLIAMENT

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Consumer prices in Armenia in September 2021 were up 8.9% compared to September 2020, according to numbers, released today by the National Statistical Committee (NSC)

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Sun-flavored apricots, plums, peaches, tomatoes, beets and even artichokes – the goods of sunny Armenia are all here. The Aregi company has the capability to prepare all types of dried fruits and veggies grown in the country

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