Till Dec 31 2014 Ameriabank will offer a 1% bonus for a mortgage loan transferred from another bank. The press service of Ameriabank reports that the campaign covers mortgage loans received by individuals from other banks for purchase, construction or repair of housing or commercial premises.
On October 28, 2014, American Chamber of Commerce in Armenia (AmCham) held its consecutive Annual General Meeting in Armenia Marriott Hotel. The meeting was chaired by AmCham president David Atanessian. Among the presented and discussed issues were the achievements, development prospects of the organization and its financial reports.
The open letter I have addressed to President of Armenia Serzh Sargsyan is the last step in my struggle against Unibank's illegality. I hope that the President is not aware of this case and my letter will help me to call the bank to order, Director General of Old Erivan Holding Manvel Ter-Arakelyan told journalists on Thursday.
ProCredit Bank has reopened its renovated Artashat branch (Artashat, 23 Ogostosi St. 21/2). The press service of ProCredit Bank reports that the Central Bank of Armenia registered the branch on Oct 15 2014.
Reopening of the modern, reconstructed and convenient "Shengavit" branch of "Ardshininvestbank" CJSC took place on 29th of October 2014 at Yerevan, 32 Garegin Njdeh street, Yerevan.
ArmSwissBank and Management Mix have signed a memorandum of intention to set up an investment management company. The press service of ArmSwissBank reports that the key mission of the company will be to attract investors in the future or existing capitals of trading companies in Armenia and abroad and to provide services for managing and alienating the investments.
Ameriabank is confidently strengthening its positions among the leading banks of Armenia. In Jan-Sept 2014, the Bank considerably outstripped the country's banking system by the growth rates of its main indices. In some indices the Bank even contravened the negative trends of the market.
VTB Bank (Armenia) is the leader by the credit investments according to the results of the 3Q 2014 - 224.3 billion AMD. As press-service of the bank reported, credit portfolio of the bank grew by 3,3% versus the beginning of the current year.
In Jan-Sept 2014 Areximbank-Gazprombank Group registered 63% growth in foreign exchange transfers through SWIFT. The press service of the bank reports that incoming transfers grew by 35%, while outgoing ones grew by 78%.
NASDAQ OMX Armenia has provided ArmSwissBank with a status of market maker of the twelfth issue of bonds of the National Mortgage Company (NMC). The press service of ArmSwissBank has told ArmInfo that this status will enable the Bank to ensure continuous bilateral quotations for NMC's bonds, thereby raising the bond liquidity in the secondary market.
ACBA-CREDIT AGRICOLE BANK has opened a new branch in Yerevan. The press service of the bank reports that this is the 52nd branch. Its name of the branch is Tigran the Great, the location is the Erebuni community (building 74).
Visa registers acceleration of growth rates in the Armenian market. When replying to ArmInfo's question, Irina Kamkhadze, Regional Country Manager, Caucasus Countries at Visa, said on Tuesday that as of late Q2 2014 versus 2013 the Visa turnover in the trade network grew by 26%, which exceeds the indices of the previous years. The year-over-year growth in the number of Visa transactions made up 18%, which is also higher than over the previous years.
VTB Bank (Armenia) and Visa have announced the winners of their Summer with VTB campaign on 21 October. One of the Bank's most active Visa cardholders, Gayane Babayan, who was selected on a random basis - through drawing - won a vacation package to Malta for two persons. The campaign was announced for the holders of VTB Bank (Armenia)-issued Visa cards from 20 July to 30 September 2014. The goal of the campaign is to promote the noncash payments with Visa cards.
ACBA-Credit Agricole Bank has awarded the winners of its CASHBACK QUEST, the most active holders of American ExpressR Cashback cards. The Bank's press-service told ArmInfo. The winner of the quest was Anzhela Stepanyan who collected the biggest number of bonus points and received a monetary prize in the amount of 1.5 million drams. The next ten winners by the number of points received 150,000 drams each.
Habitat for Humanity Armenia with the support of INECOBANK has repaired the entrances of an apartment house in Yerevan's Shengavit community.
VTB Bank Armenia reported, that it has reopened two renovated branches in Nor Nork administrative district of Yerevan and another branch in the town of Charentsavan in central Kotayk province.