Swiss Ambassador to Armenia Lukas Gasser: Switzerland will try to contribute to a peaceful settlement of the Nagorno-Karabakh conflict without questioning the established formats such as the OSCE Minsk process
Over the past three years Ameria Group financed treatment of over 50 children. Auctions have repeatedly been held to raise the relevant funds. During today's press conference, Tigran Jrbashyan, Development Director of Ameria Group, presented the results of the 11 Dec 2012 auction.
Joining the Customs Union supposes harmonization of legislation in the banking sector with a purpose to provide calculations between the member-states, chairman of the Monitoring Council of VTB Bank (Armenia), Mikhail Yakunin, told Arminfo correspondent at the Armenian-Russian inter-regional exhibition of industrial innovations in Yerevan. He said it is still early to speak about a single currency. "The first step is the Customs Union, the second - a single economic area where we shall be able to decrease barriers much", - he said.
Visa and Areximbank-Gazprombank Group have organized a draw of a trips to 2014 FIFA World Cup in Brazil. The press service of Areximbank-Gazprombank Group reports that in order to qualify for the draw, one should use the bank's Visa cards to buy something at Dubai Shopping Festival 2014, to be held Jan2 -Feb 2 2014.
Elita BABAYAN, Insurance Specialist, Agency of Rating Marketing Information (ArmInfo)
Areximbank-GPB Group CJSC has reduced the price of the Habib Bank LTD cheques from 7,000 drams to 4,000 drams for a period from 1 Dec 2013 up to 31 Jan 2014, the bank's press-service told ArmInfo.
Ameriabank has launched a project I'm Free. The participants have got an opportunity to express their imagination of freedom in videos and photos. The winners will receive original prizes after the project is completed on 13 December.
VTB Bank (Armenia) keeps on enlarging its branch network under its retail development strategy. Today the Bank held the official opening of the renovated Branch Number 2 at 41/74 Komitas Avenue, Yerevan. The press service of VTB Bank (Armenia) has told ArmInfo that several measures have been taken to optimize the procedures related to customer service, modernization and full technical re-equipment of workplaces and the servicing area. The Bank has also taken relevant measures to bring the interior in compliance with the brand and firm style of VTB Group.
The press service of the bank reports that Ameriabank is the first Armenian bank to offer an acquiring service based on its own software (vPOS/virtual POS), which makes it much easier for outlets to accept the bank's Visa, MasterCard and ArCa cards.
The press service of Unibank has told ArmInfo that Profitable+ can now on deposited in Armenian drams at the rate 14% p.a. for a period ranging from 181 to 365 days. If the money is deposited for a period ranging from 91 to 180 days, the interest rate is 11% p.a. The money can also be deposited in US dollars and Euros at 7% p.a. and 5% p.a., respectively. The minimum amount of the deposit is 100,000 AMD or 300 USD/EUR.
Some opposition newspapers' blaming of the Armenian government for bribing American rating agencies is vicious, at least, because of decrease of Armenia's ratings, financial analyst of the national rating agency AmRating, Karina Melikyan, told Arminfo correspondent and submitted specific facts. So, in September 2013 the American Moody's agency reduced maximal rating of Armenia's foreign currency bonds from Baa3 to Ba1.
A group of the victims of a housing fraud by Tonus Construction LLC and Artsakh Bank are planning a protest action in front of the bank's Nairi Branch in the center of Yerevan on Saturday morning.
ArmInfo’s interview with Head of the Union of Banks of Armenia Mr. Chzmachyan
VTB Bank (Armenia) has come out with a statement against the unreliable information published in Zhoghovurd (People) newspaper on 13 November 2013. According to the material published in the newspaper, an employee of Mika Cement owned by VTB Bank (Armenia) has died because of 5-month wage arrears.
Inflation in Armenia will make up about 7% at the end of 2013 given this year's growth in energy tariffs, Artur Javadyan, Head of the Central Bank of Armenia (CBA), said in Parliament on Wednesday when replying to opposition MP, ex-prime minister of Armenia Hrant Bagratyan's question.
Bank experts say reduction of the refinancing-rate from 8.5% to 8% by the Central Bank on 12 November was a belated measure. Particularly, Ameriabank Development Director Tigran Jrbashyan said in response to ArmInfo's question in a press conference, Wednesday, Armenia is still in protracted recession. "In such conditions, increasing the refinancing rate (in August) meant to torpedo financing of economy," he said.
Ameriabank has announced the launch of a large-scale contest on a crowd-sourcing basis and called on Armenians worldwide to display freedom of expression. Tigran Jrbashyan, Development Director of Ameriabank, said at today's press conference that the contest titled "I AM Free" will last for a month till 13 Dec 2013.