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.

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million

Tags: Armenia, arrest, bank @en, head, pocket

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Mher Abrahamyan, Board Chairman of IDBank CJSC, was elected as new head of the Union of Banks of Armenia

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Tags: head, Mher Abrahamyan, Union of Banks of Armenia

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The chairman of Armenia’s Central Bank, Arthur Javadyan and head of financial system development and stability department Andranik Grigoryan have left for nThessaloniki (Greece)

Categories: Economy @en, General news, News, News of the hour | Comments Off on Armenian Central Bank head off to Greece for BSTDB session

Tags: Armenia, BSTDB, Central Bank, head

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The chairman of the Bank of Cyprus, Andreas Artemis, has filed his resignation, local news agencies reported. Earlier today Cyprus’ Central Bank has confirmed that all Cypriot banks will remain closed until Thursday, RBC reported citing BBC

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Tags: bank @en, Cyprus, head

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Sergey Ignatov was appointed new director of the Eurasian Development Bank (EDB) office in Armenia, the EDB said in a statement posted on its official website

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Tags: EDB, head, Yerevan

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Ardshininvestbank’s board elected Karapet Gevorgyan, the banks deputy chairman and retail business director, as acting chairman of the directorial board

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Tags: Ardshininvestbank, Armenia, head

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Prime Minister Tigran Sargsyan presented the former head of the Central Bank, the adviser to the chairman of the CBA Isahak Isahakyan

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on Armenian Prime Minister Awarded Former Head of CBA

Tags: Armenia, award, CBA, head

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