Areximbank-Gasprombank Group is propelling its statutory capital to a leading position and its total capital into the TOP-5. The statutory capital of the bank is to be replenished by 4.7 more bln AMD or 10 mln USD. The bank's press-office has informed ArmInfo that the decision was take during the June 30 extraordinary meeting of the shareholders of Areximbank-Gasprombank Group.
The volume of VTB Bank (Armenia) "VISA VTB Cosmopolitan" non-cash operations has increased by more than 40%, while the number of cards increased by more than 20%, It was announced on July 3, in the course of a draw conducted by VTB Bank (Armenia), Visa International Payment System, and Cosmopolitan Armenia Magazine as part of a joint campaign. The draw involved all the VTB Cosmopolitan Visa Gold cardholders.
INECOBANK, along with ARAY and Technolife electronic- device stores have launched a joint offer - 15% of non-cash payment is to be returned to cardholders.
"Armenbrok" Investment Company OJSC has become the market-maker of Armswissbank's three debut USD issues (SWISB1, SWISB2, SWISB3 stock abbreviations) of denominated bonds. The Bank's press-office has informed ArmInfo that Armbrok was assigned the status on June 26 in accordance with stock rules of NASDAQ OMX Armenia. As the creator of Armswissbank's USD bonds market Armbrok will provide constant bilateral quotation of securities thus increasing their liquidity in the second market.
VTB Bank (Armenia) is expanding its remote services. The bank's new offer will provide its clients with the opportunity to automatically check their card account balance. The bank's press-office has informed that VTB Bank payment cardholders can control their balance from all over the world at any time of day or night.
The energy sector of Armenia needs the same model used in the banking system, Bagrat Asatryan, former chairman of the Central Bank of Armenia, said at a press conference in Yerevan.
In 2015 ARARATBANK is intending to open an electronic branch and financial supermarkets. CEO of ARARATBANK Ashot Osipyan said on June 26 this intention was designed in the strategic development plan of the bank during the annual meeting of shareholders.
Committed to its social responsibility, VTB Bank (Armenia) keeps implementing charitable projects. One of such projects aims to support 9-year-old twin brothers Artak and Arsen with infantile cerebral palsy.
The 8th DigiTec business forum envisaged awards for 8 categories. The awards were to be given to non-IT companies that successfully employ advanced tech solutions in their work. Ameriabank, Converse Bank, ACBA-Credit Agricole Bank and Rosgosstrakh-Armenia insurance company have received awards in 4 categories, UITE informs.
The bank's press-office has informed ArmInfo that the campaign is conducted among the holders of Visa cards of VTB Bank (Armenia), as well as those who get a card during the campaign. All Visa cardholders of VTB Bank (Armenia) are to pay for shopping and services with VTB's Visa cards at any trade outlet in Armenia and abroad (including online purchases) till Sep 15, 2015.
Finance professionals in Armenia are embracing mobile business solutions over four times as fast as the global average; 49 per cent of HSBCnet online banking customers in Amenia use HSBCnet mobile compared with 12 per cent globally. HSBC Bank press-office has informed ArmInfo that Armenia has the highest HSBCnet Mobile app penetration (iOS and Android) among all countries.
Ardshinbank, which has received a Long- term Issuer Default Rating from Fitch Ratings, has become the only bank in Armenia with assigned ratings from two international rating agencies - Moody's and Fitch.
Deputy CEO at Sil Insurance Company Levon Mamikonyan’s interview to ArmInfo News Agency specially for Xprimm magazine
ACBA-Credit Agricole Bank and Visa International have announced an issue and service of Visa payWave contactless cards. Presenting the new product on June 14, Hakob Andreasyan, ACBA-Credit Agricole Bank CEO, said the Bank offers a range of innovative contactless card products: Visa Student, Visa Classic, and Visa Gold. "Customers can make payments via Visa payWave card without submitting it to the service staff.
ARARATBANK is intedning to carry out the ninth issue of dollar bonds with the amount of 2 mln USD and 7.25% annual yield. The maturity of bonds is 3 years.
NASDAQ OMX ARMENIA press-office has informed ArmInfo that AMD nominal coupon bonds of ARARATBANK's 7th issue have been listed at Bbond NASDAQ OMX ARMENIA Stock Market. The ARBKB7-code-abbreviation bonds will be circulated on the stock.
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