YEREVAN, March 25. /ARKA/. The Central Bank of Armenia has announced yesterday the license of Varks AM Credit Organization invalid, the press office of the regulator reported on Wednesday.

The credit organization provides loans at the expense of its funds and does not have the right to raise funds from individuals, particularly deposits.

Categories: 121, 90, General news, Loan organizations, News, News of the hour | Comments Off on Armenian central bank strips Varks AM credit organization of license

Tags: Armenia, Central Bank, Credit Organization, license, Varks.am

Read more

Armenia’s National Assembly has approved today in the first reading a package of bills to amend the Law on Licensing, as well as several related laws

Categories: 121, 151, Exchange market, General news, News, News of the hour | Comments Off on Armenia to abolish forex dealers' license

Tags: Armenia, dealers, Forex, license

Read more

In a comment on a decision of the Central Bank of Russia to revoke the operating license of the Russia-based Anelik Ru Bank, the Armenian Anelik Bank said the Russian bank was founded as its subsidiary bank, but in 2012 it was sold and has not been its part since then

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armenian Anelik Bank comments on revoking of Moscow-based Anelik. RU bank’s license

Tags: Anelik Bank, Anelik. RU, Armenia, comments, license

Read more

The Central Bank of Armenia has invalidated today the license awarded to F.I.K.O. credit organization. The credit organization was awarded license No. 232-by the Central Bank in September 2010

Categories: General news, Loan organizations, News, News of the hour, Новости | Comments Off on Central bank invalidates F.I.K.O. credit organization’s license

Tags: Armenia, Central Bank, Credit Organization, F.I.K.O, license

Read more

The Central Bank of Armenia said today it has reissued the license to Ardshininvestbank (license N 83) after the bank has changed its name to Ardshinbank

Categories: Banks @en, General news, News, News of the hour | Comments Off on Ardshininvestbank renamed Ardshinbank

Tags: Ardshinbank, Ardshininvestbank, license

Read more

An asset management company C-QUADRAT and Talanx Asset Management, a member of Talanx Group have applied to the Central Bank of Armenia to seek a license for

Categories: Banks @en, General news, News, News of the hour | Comments Off on C-QUADRAT and Talanx asset management seek license to manage Armenia’s compulsory pension fund

Tags: Armenia, Central Bank, license

Read more