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Artsakh authorities to show support to borrowers

10.02.2021 20:34

Artsakh authorities to show support to borrowers

YEREVAN, February 10. /ARKA/. The authorities in Artsakh (Nagorno-Karabakh) will provide state support to borrowers, Artsakh Finance Minister Grigory Martirosyan said during a meeting at the Union of Banks of Armenia. The meeting was attended by representatives of Armenian banks which provided loans to Artsakh residents and companies

According to Martirosyan, if a draft law on state assistance program developed by the Artsakh government is approved by its parliament, individuals and legal entities who have mortgage, business or consumer loans received before September 27, 2020 will be able to benefit from state support in the near future.

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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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IMF says SDR 25.714 million (around US$36.7 million) will become available for Armenian budget support after Board meeting

20.11.2020 19:17

IMF says SDR 25.714 million (around US$36.7 million) will become available for Armenian budget support after Board meeting

An IMF team reached staff level agreement with the Armenian authorities for the completion of the third review under the program supported by an IMF Stand-By arrangement, IMF said in a press release

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IFC supports Inecobank to back Armenian smaller businesses AMID COVID-19 crisis

06.08.2020 19:43

IFC supports Inecobank to back Armenian smaller businesses AMID COVID-19 crisis

IFC, a member of the World Bank Group, said it is providing a loan of $15 million to Inecobank to boost lending to Armenia’s micro, small, and medium enterprises (MSMEs), helping them address the challenges triggered by the COVID-19 outbreak

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Asian Development Bank and Armeconombank sign $15 million loan agreement to support women-led enterprises

01.07.2020 22:42

Asian Development Bank and Armeconombank sign $15 million loan agreement to support women-led enterprises

The Asian Development Bank (ADB) and the Armenian Armeconombank OJSC signed a $15 million loan agreement to increase lending to micro, small and medium-sized businesses owned by women in Armenia, especially in regions outside Yerevan

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Over AMD 1.1 billion received in special account of support for struggle against COVID-19 in Armenia

15.05.2020 13:47

Over AMD 1.1 billion received in special account of support for struggle against COVID-19 in Armenia

As of 18:00 on May 14, 4,225 payments totaling almost 1,088,681,654 drams (about $ 2.23 million) have been received in the special account to support the fight against the coronavirus in Armenia, the press service of the country’s finance ministry reports

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CEO: ACBA CREDIT AGRICOLE BANK shows support to customers in time of crisis (video)

04.05.2020 17:37

CEO: ACBA CREDIT AGRICOLE BANK shows support to customers in time of crisis (video)

ACBA CREDIT AGRICOLE BANK CEO Hakob Andreasyan spoke about the steps the bank has taken to assist its customers and partners.

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Some 973 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

20.04.2020 21:08

Some 973 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

Some 973 million drams (over $1.8 million) have been raised so far to support the Armenian government’s efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

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HSBC Armenia supports fight against coronavirus

14.04.2020 20:58

HSBC Armenia supports fight against coronavirus

“HSBC Bank Armenia” CJSC (HSBC Armenia) will be allocating AMD15 million to COVID19 relief and recovery effort in Armenia, the Bank said today in a press release.. It said the funds will be donated to the Armenian Red Cross Society (ARCS), which will identify the most pressing humanitarian needs of vulnerable groups in the country and provide both immediate as well as medium and long-term response

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Some 887 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

11.04.2020 10:48

Some 887 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

Some 887 million drams (over $1.8 million) have been raised so far to support the Armenian government’s efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

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