All news related to Karabakh

Fitch Ratings: effects of Armenia's defeat in Nagorno-Karabakh war likely to persist.

29.03.2021 14:02

Fitch Ratings: effects of Armenia's defeat in Nagorno-Karabakh war likely to persist.

YEREVAN, March 29, /ARKA/ Fitch Ratings said it has affirmed Armenia's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B+' with a Stable Outlook.

According to Fitch Ratings, Armenia's 'B+' IDRs reflect fairly high government and external indebtedness, relatively weak external finances and geopolitical tensions that have the potential to escalate into military conflict.

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Central Bank collecting data to assess losses suffered by Armenian businesses after some settlements in Karabakh were handed over to Azerbaijan

10.12.2020 19:25

Central  Bank collecting data to assess losses suffered by Armenian businesses after some settlements in Karabakh were handed over to Azerbaijan

Armenia’s Central Bank is collecting data to assess the losses suffered by Armenian business people who invested money in some settlements in Nagorno-Karabakh which were handed over to Azerbaijan after the November 9 statement on cessation of hostilities, signed by the leaders of Armenia, Russia and Azerbaijan, a Central Bank Board member David Nahapetyan, told the parliament today

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Union of Banks of Armenia supports Karabakh war heroes and their families

23.11.2020 18:58

Union of Banks of Armenia supports Karabakh war heroes and their families

‘Now it is more than necessary to support the heroes of the Karabakh war and their families,’ the Union of Banks of Armenia said in a statement today issued in connection with the Day of the Banker, celebrated on November 23

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Armenian credit organizations award credit holidays to borrowers who volunteered to defend Karabakh

02.10.2020 18:51

Armenian credit organizations award credit holidays to borrowers who volunteered to defend Karabakh

Credit organizations in Armenia will award credit holidays to those borrowers who have volunteered or were called up to the armed forces for the entire period of marshal law, declared after the large-scale offensive by Azerbaijan against Nagorno-Karabakh, the Union of Credit Organizations said in a statement today

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Unibank annuls credit obligations of families of servicemen, killed in Karabakh

13.04.2016 20:56

Unibank annuls credit obligations of families of servicemen, killed in Karabakh

The Yerevan-based Unibank said today it has annulled all the credit obligations of the families of servicemen

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ACBA-CREDIT AGRICOLE BANK annuls credit obligations of families of servicemen died in Karabakh

08.04.2016 18:54

ACBA-CREDIT AGRICOLE BANK annuls credit obligations of families of servicemen died in Karabakh

ACBA-CREDIT AGRICOLE BANK has decided to completely annul the credit obligations of the families of servicemen who died on the line of contact between the Karabakh and Azerbaijani forces

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VTB Bank (Armenia) annuls loan obligations of killed servicemen

08.04.2016 16:56

VTB Bank (Armenia) annuls loan obligations of killed servicemen

VTB Bank (Armenia) has decided to annul loan obligations of those Armenian servicemen who were killed or went missing in the latest upsurge in violence in Nagorno-Karabakh

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IMF does not expect Karabakh events to have impact on economic growth

06.04.2016 18:56

IMF does not expect Karabakh events to have impact on economic growth

Speaking at a news conference today in Yerevan, Hossein Samiei, International Monetary Fund (IMF) Mission Chief to Armenia

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Combined amount of credit portfolios of Armenian banks’ branches in NKR drops by 16.7%

17.02.2016 17:10

Combined amount of credit portfolios of Armenian banks’ branches in NKR drops by 16.7%

As of February 1, 2016 the combined amount of credit portfolios of Armenian banks’ branches in the Nagorno-Karabakh Republic (NKR) stood at 79.6 billion drams, a drop of 16.7% compared to the same period of 2015

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Combined credit portfolio of Armenian banks’ branches in Nagorno-Karabakh 2.6% higher from a year before

13.01.2016 19:00

Combined credit portfolio of Armenian banks’ branches in Nagorno-Karabakh 2.6% higher from a year before

On January 1, 2016 the combined credit portfolio of Armenian banks’ branches operating in the Nagorno-Karabakh Republic (NKR) were by 2.6% higher from a year before standing at 100.1 billion drams

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