All news related to bank @en

Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million

08.10.2019 16:31

Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million

YEREVAN, October 8. /ARKA/. An officers at a bank in Artashat was arrested Tuesday on suspicion of embezzlement of AMD 122 million (around $256,300), the Armenian police department reports on its official website.

According to the report, the Artashat police was told on September 28 that AMD 122 million had been stolen from a local branch of one of the banks operating in Armenia.

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ACBA-CREDIT AGRICOLE BANK and NABU organize training for about 250 people involved in organic agriculture

14.08.2019 17:18

ACBA-CREDIT AGRICOLE BANK and NABU organize training  for about 250 people involved in organic agriculture

The ACBA-CREDIT AGRICOLE BANK in cooperation with the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, organized a training for about 250 farmers, experts, heads of laboratories and business entities engaged in organic agriculture, to share new knowledge and skills, the Yerevan-based bank said in a news release today

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Bank robbery attempt foiled in Yerevan

11.06.2019 17:22

Bank robbery attempt foiled in Yerevan

A man with a sporting gun tried to rob a bank on the fringe of Yerevan on Monday at 17:30, the press office of the police department reports

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Digital transformation in Armenia did not result in banks’ personnel cuts

10.04.2019 09:14

Digital transformation in Armenia did not result in banks’ personnel cuts

YEREVAN, April 9. /ARKA/. Digital transformation has not resulted in staff cuts in Armenia’s banking sector, the executive director of the Union of Banks of Armenia Seyran Sargsyan told reporters before the start of a seminar on digital transformation and monetization of data in the banking sector, which was a joint initiative of the Union […]

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WB: some 48% of adult population of Armenia had bank accounts in 2018

05.04.2019 20:57

WB: some 48% of adult population of Armenia had bank accounts in 2018

YEREVAN, April 5. /ARKA /. Economic growth in the Europe and Central Asia region slowed to 3.1% in 2018, and is projected to decline to 2.1% in 2019, amid slowing global growth and uncertain prospects, according to the World Bank’s Economic Update for Europe and Central Asia, released today. Growth in countries across the region […]

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New board chairman appointed at IDBank

10.01.2019 16:09

New board chairman appointed at IDBank

Mher Abrahamyan is appointed as chairman of the board of IDBank

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Converse Bank completes placement of bonds in 23 currencies

05.09.2018 10:10

Converse Bank completes placement of bonds in 23 currencies

The Yerevan-based Converse Bank said it has successfully completed another placement of bonds denominated in three currencies- Armenian drams, US dollars and euros

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ACBA-CREDIT AGRICOLE BANK launches new digitized Nor Avan branch in Yerevan

04.09.2018 08:54

ACBA-CREDIT AGRICOLE BANK launches new digitized Nor Avan branch in Yerevan

The ACBA-CREDIT AGRICOLE BANK has launched today another, Nor Avan digitalized branch, located at 55/15, Tsarav Aghbyur Street in Yerevan

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Armenian banks allowed forgiving borrowers’ debt repayment delay

12.06.2018 14:49

Armenian banks allowed forgiving borrowers’ debt repayment delay

At their extraordinary meeting held Monday, the Armenian Cabinet ministers gave their approval to amendments to the tax law, which allow banks in Armenia to forgive the fines and penalties imposed on the citizens for delay in loan repayment

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Around $80 million bought by Armenian banks last week

11.06.2018 14:01

Around $80 million bought by Armenian banks last week

Armenia’s commercial banks bought around $80 million from the local foreign currency market on June 4 to 8 at the average weighted exchange rate of 482.49 drams per one USD, the Central Bank of Armenia reported on Monday

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