Newsfeed

Artsvik Minasyan: Any integration is senseless for unreformed economy of Armenia

Armenia's Energy Ministry plans to sell part of Nairit Plant's assets

Armenian Defense Minister: Transfer of Valery Permyakov to Armenian law-enforcers was not discussed at the meeting with Arkady Bakhin

Expert: Armenian law-enforcers are not involved in Permyakov case investigation to full extent

British Film Festival 13th Love Edition to kick off in Yerevan on Feb 14

Changes in Russia-Middle East relations cannot but affect Armenian-Russian military strategic cooperation

Armenian FM: Armenia and Iran have no problems concerning their joint projects

Global Finance: In 2015 Ameriabank named the best trade finance bank of the year in Armenia

Armenian Defense Minister: Azerbaijani raider's fate must be discussed with authorities of Nagorno Karabakh only

OSCE chairperson-in-office calls on the parties to the Karabakh conflict to ensure a full ceasefire

Armenia to appear in first semifinal of Eurovision Song Contest 2015

Foreign minister of Iran: Teheran hopes to tackle issue of Russia's S300 supplies as soon as possible

Serzh Sargsyan: It might have been possible to prevent the crimes committed under veil of WWII had the crimes against humanity committed during WWI earned unequivocal international condemnation

Newspaper: Permyakov was not acquainted with Avetisyans family

India Ambassador to Armenia welcomes level of bilateral cooperation

Expert: Russia's every decision directly affects Armenia

Richard Giragosian: After aligning with EEU, Armenia faced security threats

Police: Valery Permyakov might have acted not alone

Armenian FM: Armenia's stance on Karabakh is similar to that of Russia, France and the United States

President of Armenia: We have prepared many surprises for hotheads in Azerbaijan

Expert: Defense capability of Armenian armed forces is much higher than offensive ability of Azerbaijan

Armenian FM: Armenia and Russia are unanimous that trial of the Gyumri murder case must be transparent

Political expert: Azeri provocations on the border occur following tragic events in Gyumri

Expert: Turkish president will not change his rhetoric on threshold of Centenary of Armenian Genocide

Edward Nalbandian: Doubts about Baku's reasonableness are growing with every passing day

SME representatives demand that Armenian Government should suspend Law "On Turnover Tax"

Three Azeri soldiers killed and two wounded as a result of ceasefire violation by Azerbaijan

Turcologist: No serious events in Armenia on threshold of Centenary of Armenian Genocide are observed yet

NATO plays no role in Karabakh conflict settlement but supports OSCE Minsk Group's efforts

Armenia's Defense Ministry: It was relatively calm on NKR-Azeri contact line last night

Retail gasoline prices drop again in Armenia

Over 20 members of ARFD break away from the party

Armenian MP: EBRD's forecast that Armenian economy will stagnate in 2015 was a political put-up job

Armenia's Defense Ministry: Armenian armed forces destroy a group of Azeri raiders in Tavush region

Armenia's involvement in Eurasian Economic Union does not look too promising

German Government considers Armenia's invitation to attend Apr 24 commemorations of 100th year of Armenian Genocide

Mammadyarov to meet with OSCE Minsk Group Co-Chairs in Krakow

A bas-relief of Lord George Gordon Byron inaugurated in downtown Yerevan near the head office of ACBA-CREDIT AGRICOLE BANK

Andrzej Kasprzyk: We are concerned over the situation at the line of contact

BirthLink and VivaCell-MTS continue their partnership to improve neonatal care in Armenia

Ameriabank signed the 80th deal under EBRD TFP

VTB Bank (Armenia) joins new system of money transfers BEST

ARDSHINBANK has strengthened its position among the top three of the banking system by all key indicators

Pascal Meunier: OSCE MG co-chair countries want resumption of dialogue

Reiner Morell: Germany is ready to show aid in Karabakh settlement whenever is a need

Each country is free to choose what event to attend, German Ambassador says on Erdogan's invitation

Armenian analyst: Azerbaijan may attack Artsakh and Armenia only if Russia gives it appropriate guarantees

Germany to continue its policy aimed at strengthening cooperation with Armenia

Robert Kocharyan: Armenia needs drastic changes but not a constitutional reform

Armenian Defense Ministry: Armenia's retaliatory measures to Azeri provocation will be tougher

27/01 21:28 Global Finance: In 2015 Ameriabank named the best trade finance bank of the year in Armenia

According to the Global Finance magazine, in 2015 Ameriabank was named "The Best Trade Finance Bank of the Year". This is for the forth time since 2011.

24/01/2015 11:13

A bas-relief of Lord George Gordon Byron inaugurated in downtown Yerevan near the head office of ACBA-CREDIT AGRICOLE BANK

A bas-relief of the great English poet Lord George Gordon Byron, a great friend of the Armenian people who is known for his Armenian studies, was inaugurated in downtown Yerevan near the head office of ACBA-CREDIT AGRICOLE BANK, 22 January.

24/01/2015 10:58

Ameriabank signed the 80th deal under EBRD TFP

Ameriabank signed their 80th trade finance deal covered by the Trade Facilitation Programme of the European Bank for Reconstruction and Development (EBRD), press-service of the bank reported.

24/01/2015 10:56

VTB Bank (Armenia) joins new system of money transfers BEST

VTB Bank (Armenia) has joined a new system of money transfers BEST to be introduced in the Armenian market for the first time.

23/01/2015 17:42

ARDSHINBANK has strengthened its position among the top three of the banking system by all key indicators

On 20 January 2015, ARDSHINBANK published its preliminary financial results for the year 2014, continuing to demonstrate a sustainable growth, the press service of ARDSHINBANK has told ArmInfo.

23/01/2015 08:27

ProCredit Bank appears with innovative and modern solutions

ProCredit Bank starts 2015 by providing clients with innovative and modern solutions. The press service of ProCredit Bank reports that the Bank will soon open new the service points on Mashtots Avenue and Teryan Street. For the first time in the Armenian market, there will be 24/7 access to a full range of banking services.

19/01/2015 18:05

Sole shareholder of Anelik Bank to enlarge the bank's capital in order to meet Central Bank's new requirement

In the next two years the sole shareholder of Anelik Bank will enlarge its capital in order to meet the Central Bank's new minimum capital requirement (30bln AMD), the bank's CEO Nerses Karamanukyan told journalists on Monday.

19/01/2015 17:08

Downgrading of Armenia's rating to make foreign loans more expensive

The downgrading of Armenia's rating by Moody's Investors Service will make foreign loans a bit more expensive, Chairman of the Board of Director s of Anelik Bank Nerses Karamanyan told journalists on Monday.

17/01/2015 16:44

AmRating: Many Armenian banks face a serious test as Central Bank of Armenia requires banks to meet a new lower limit of total capital by 2017

As the Central Bank of Armenia requires the banks to meet a new lower limit of total capital by 2017, many Armenian banks face a serious test, the analysts of AmRating national rating agency have told ArmInfo's correspondent. AmRating experts believe that the CBA's decision on increase of the lower limit of total capital from the current 5 bln AMD to 30 bln AMD by 1 Jan 2017 will not only boost the long-expected process of Mergers and Acquisitions (M&A) on the banking market, but will probably oust some weak and dangerous participants from the market due to the big amount of hidden toxic assets on their balance sheets.

15/01/2015 22:37

Ameriabank starts the new fiscal year with an announcement on acquisition of Norvik UCO's loan book

Ameriabank has started the new fiscal year with an announcement on acquisition of the loan book of Norvik Universal Credit Organization (UCO). The press service of Ameriabank has told ArmInfo that Norvik UCO has sold part of its portfolio to Ameriabank. No further information about the details of the deal is reported.

15/01/2015 16:15

VTB Bank (Armenia) refutes information of journalists unaware of difference between authorized and total capitals

VTB Bank (Armenia) refutes the information published on one of the Armenian websites, according to which the Bank is allegedly considered risk-related due to the capital insufficiency. The Bank says that "the article entitled "Which banks are on the verge of closure" uses wrong information about VTB Bank (Armenia). In particular, the article says that as of 30 Sept 2014 the total capital of VTB Bank (Armenia) was 20 bln 775 mln 690 thsd AMD and that the Bank is considered risk-related, which has absolutely nothing to do with the reality".

15/01/2015 12:50

US State Department assesses Armenia as meeting minimum fiscal transparency requirements for FY 2014

The US State Department has assessed Armenia as meeting the minimum fiscal transparency requirements for FY 2014 In its Fiscal Transparency Report, the Department lists Armenia among 90 governments that met the minimum fiscal transparency requirements for the last year. Among them are Georgia, Kygyzstan, Latvia, Lithuania and Estonia.

12/01/2015 16:50

In Dec 2014 AMD dropped against USD by 10%

In 2014 AMD dropped against USD by 14.1%. In Dec 2014 alone it dropped by 10%. According to Armenia's National Statistical Service, in Dec 2014 average AMD/USD exchange rate made up 462.5 AMD/1 USD against 405.3 AMD/1 USD in Dec 2013.

27/12/2014 15:50

VTB Bank (Armenia) offers its Telephone Bank service to companies and private businessmen

VTB Bank (Armenia) has decided to offer its Telephone Bank service to companies and private businessmen in view of its popularity among customers.

27/12/2014 15:41

On Dec 27 banks bought whole amount of USD offered by Central Bank on interbank forex market, with few transactions registered at NASDAQ OMX Armenia

On Dec 27, Armenia's Central Bank sold banks $2mln, i.e. the total amount offered. The press service of the CB reports that the average AMD/USD exchange rate on the interbank forex market rose to 468.08 AMD/1 USD, with the cut-off price rising to 467.25 AMD/1USD. The transactions at NASDAQ OMX Armenia totaled $400 thsd at the exchange rate of 470 AMD/$1.

27/12/2014 10:56

President: Armenia has all the opportunities to maintain financial stability

Serzh Sargsyan emphasized that Armenia has all the opportunities to solve the current problems and maintain its financial stability.