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Armenia's bank assets built up 17% in 2019 - member of central bank's board

04.02.2020 16:44

Armenia's bank assets built up 17% in 2019 - member of central bank's board

YEREVAN, February 4. /ARKA/. Assets of Armenia's banks has grown 17% in 2019 to AMD 5.28 trillion (USD 11.03 billion) from AMD 4.964 trillion (USD 10.3 billion) in 2018, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Monday in an interview with Civilnet.

In his words, the banks' aggregate lending has grown as well - by AMD 500 billion or 16.4% in 2019, compared with 2018.

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Foreign bank-issued cards were used in Armenia to make a total of 4.9 million transactions in 2019

03.02.2020 16:24

Foreign bank-issued cards were used in Armenia to make a total of 4.9 million transactions in 2019

In 2019, foreign bank-issued cards were used in Armenia to make a total of 4.9 million transactions, Armenian Prime Minister Nikol Pashinyan said

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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

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

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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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