Newsfeed

Aim of OSCE MG Co-Chairs is to lay groundwork for negotiations that can lead to a comprehensive settlement, Warlick

Central Bank: By 1 April 2016 overdue loans in Armenian banks grew by 22.5% over year

Vladimir Yevseyev: Updated Madrid Principles will not be implemented until the armed conflict is frozen

Mass Media: Bodyguards of Transport Minister detained under case over beating of businessman's son Sergey Abovyan

Stepanakert: The territories the Armenian side lost in April were mostly part of the buffer zone around Nagorno Karabakh

Federica Mogherini says next annual Eastern Partnership Foreign Ministers' meeting will be held in spring of 2017

Seyran Ohanyan has not met with Samvel Babayan

PACE Co-rapporteurs: Those responsible for atrocities in Karabakh conflict zone should be held fully accountable

Expenses of Armenian President's Administration up 10% in 2015

Prime minister: Supply of Russian weaponry to Armenia launched

Serzh Sargsyan and Seyran Ohanyan to discuss Karabakh problem in presidential residence tonight

Two-fold growth of loan restructuring applications registered in VTB Bank (Armenia)

Head of Armament Unit of Armenia's Armed Forces dismissed

Sharmazanov: Genocide of Christians in Ottoman Turkey, IS actions and Azerbaijani aggression have same handwriting

Ex-president of Armenia included in list of candidates for election to the new Board of Directors of JSFC Sistema

Mammadyarov: Status quo in Karabakh conflict may lead to severe military clashes

Trial over case of the cardboard tank that "crashed" into NSS building is still going on

Tatoul Manaseryan: Top power branches have a great number of caterpillars

Штормовой ветер срывал крыши домов и не на шутку напугал жителей Еревана

Armenian President attends ceremony of unveiling of Memorial to Marshal Hamazasp Babajanian

Bostanjyan calls for reducing all expenses having no crucial significance to state

OSCE PA Special Representative for South Caucasus arrives in Armenia

Seyran Ohanyan: Territories lost during April war were part of Artsakh

Armenian Defense Ministry responds to media reports about dismissal of commander of Mataghis regiment

Greek Defense Minister: Nagorno Karabakh conflict should be settled exclusively through peaceful means

Armenia and China discuss issue to boost cooperation

Baku trying to shift responsibility for April flare up in Karabakh onto Armenian side

Azerbaijani armed forces fire at Azerbaijani-Armenian border

Vice Speaker of Armenian Parliament: Due to parity in international statements on Karabakh problem, the peace process has been going round in a circle for nearly 20 years

Criminal case over embezzlement at ENA CJSC sent to court with a crime sheet

On May 21 as many as 112 museums of Armenia to open their doors to visitors from 6 pm till midnight

Average life expectancy for Armenia is 74.8 years, according to World Health Statistics: Monitoring Health for the SDGs

Samvel Farmanyan: Agramunt is not the politician to have any influence on Karabakh conflict settlement

Lydian International: financing package of Amulsar program is approved. Construction will launch in upcoming months

Serzh Sargsyan: April war has once again proved unity of our nation in its pursuit of liberty and protection of independence

Azerbaijan breached ceasefire agreement using various small arms

ACBA Leasing participates in "Week of Economic Capacities" as financial partner

Bako Sahakyan addressed to participants of 2nd forum of Armenian Political Parties launched in Stepanakert

Stepanakert rejects Baku's accusations of alleged use of prohibited shells with white phosphorus

EEU Prime Ministers agreed on establishing common market of petroleum and petroleum products and terms of adopting new common customs code

Armenian president presented to EEU prime ministers latest developments around Nagorno-Karabakh problem

Parliamentary opposition is skeptical about Armenian Prime Minister's intention to fight corruption

Loss of 800 hectares by Armenian side causes stormy debates at Armenian Parliament

Zhirayr Sefilyan says he is ready to assume authority for restoring Karabakh's territorial integrity by force

Dmitry Medvedev: My second visit to Armenia within a month speaks of the high level of the allied relations of Yerevan and Moscow

Beeline Communication Museum to join Museum Night event

Russian foreign ministry: Sargsyan and Putin will probably meet in Astana on May 31

Inhabitants of Garni and Goght demand from Hovik Abrahamyan and Ishkhan Zakaryan to cancel construction of irrigation systems designed for their own needs

PACE Chair: "All conflicts must be solved within the territorial integrity of the countries"

Regional

24/05 16:37 Central Bank: By 1 April 2016 overdue loans in Armenian banks grew by 22.5% over year

By 1 April 2016, the amount of the overdue loans in Armenian banks grew by 22.5% over year to 45.4 bln AMD. According to the Armenian Central Bank's data provided to ArmInfo by the National Statistical Service of Armenia, the amount of extended loans totaled 114 bln AMD, with a 12.9% year-over-year decline.

23/05/2016 20:45

Two-fold growth of loan restructuring applications registered in VTB Bank (Armenia)

Two-fold growth of applications for restructuring of loan debt has been registered in VTB Bank (Armenia) in Q1 2016 versus Q1 2015. As the press-service of the bank told ArmInfo, the two-fold growth was registered also in terms of approved applications, while the number of refusals from restructuring by the clients reduced to 57%. This testifies that more and more number of borrowers realizes that solving problems on the early stages is one of the most efficient mechanisms of financial recovery.

23/05/2016 17:59

Bostanjyan calls for reducing all expenses having no crucial significance to state

20% of the expenditures of the state budget 2016 (1 trillion 373.7 bln AMD) will be spent on serving the state machine's needs. It is inexpedient and it is necessary to put an end to it, economist Vardan Bostanjyan told reporters on May 23, when commenting on Armenian Prime Minister Hovik Abrahamyan's statement about the need to save public funds.

21/05/2016 12:53

ACBA Leasing participates in "Week of Economic Capacities" as financial partner

ACBA Leasing company is participating as financial partner in the Week of Economic Capacities, which is being held in Yerevan on May 19-22 within the German Society for International Cooperation (GIZ) "Private Sector Development in the South Caucasus. Economic Integration of Syrian Armenians" Program, Marketing Specialist of ACBA Leasing Julia Nickoghosyan told ArmInfo's correspondent on May 20.

19/05/2016 18:21

ACBA-Credit Agricole Bank and NABU: Names of four winners of "Certification of Organic Agricultural Product" contest are known

Names of four winners of "Certification of Organic Agricultural Product" contest are known. ACBA-Credit Agricole Bank and Nature and Biodiversity Conservation Union (NABU) held the contest. As the press-service of the bank informed ArmInfo, "Mer Sarer" LLC (production of honey), "Mega Ararat" company (gathering of mountainous fruits and plants, production of tea), "Armberry" (raising of raspberry) and private entrepreneur Vahagn Hakobyan (raising of blackberry) are the winners.

18/05/2016 19:18

ACBA-Credit Agricole Bank to hold a free business seminar for heads of SMEs on May 24-27

ACBA-Credit Agricole Bank will hold a free business seminar for the heads of SMEs on May 24-27, the Bank's press-office told ArmInfo. According to the source, the seminar will cover 5 key topics, offering theoretical knowledge and practices for optimal business management and use of a number of marketing instruments. The upcoming seminar will be dedicated to "Optimization of Business Management" and "Practical Marketing", but the list of the topics will shortly be expanded.

18/05/2016 15:41

VTB Bank (Armenia) retains leadership on plastic cards market in terms of both number of cards and amount of transactions

VTB Bank (Armenia) retains leadership on the plastic cards market in terms of both the number of cards and amount of transactions. By 1 April 2016, the number of active cards of the Bank totaled 496.6 thsd, with the total amount of transactions exceeding 210.3 bln AMD. The press office of the Bank has told ArmInfo that the Bank retains leadership by not only the total number of plastic cards but also by Visa cards - over 418.2 thsd as of 1 April 2016. At the same time, the Bank is among the TOP-3 by the number of MasterCards - over 78.3 thsd.

06/05/2016 19:27

VTB Bank (Armenia) funds restorative treatment for 60 children suffering ICP

Under its corporate social responsibility program, VTB Bank (Armenia) has provided financial assistance to 60 children suffering from infantile cerebral palsy (ICP). These children are from vulnerable families and under care of "Hay Mayrer" ("Armenian Mothers") public organization. The Bank's press-office told ArmInfo, the Bank funds restorative water therapy for the children.

02/05/2016 21:37

VTB Bank (Armenia) among top 3 Armenian banks by amount of taxes paid in Q1 2016

VTB Bank (Armenia) is among the leaders of banking system of Armenia paying about 889.5 mln AMD to the state budget and holding the 3rd place among commercial banks of Armenia and 26th place in the list of the largest taxpayers of the country, the press-service of the bank informed ArmInfo, referring to the data published by the State Revenue Committee of Armenia for Q1 2016.

02/05/2016 21:31

In 2015 Anelik Bank increased personal time deposits by 16% amid 20% growth in retail lending

In 2015, Anelik Bank increased the personal time deposits by 16% to 42 bln AMD, while the retail lending rose by 20% to 30 bln AMD. The press office of Anelik Bank has told ArmInfo that the total amount of time deposits grew by 7% to 45 bln AMD in 2015, while the total lending grew by 6% to 63 bln AMD. "In 2015, Anelik Bank ensured good indices in both deposit and loan portfolios. The rising share of personal deposits in the deposit portfolio is especially noteworthy

29/04/2016 13:39

Areximbank-GPB Group staff members visit schools in Armavir region under My Finance Month-2016 project

Under My Finance Month-2016 project, Areximbank- Gazprombank (GPB) Group staff members have visited the schools in Noravan and Lukashin, Armavir region, Armenia, and held lessons for upper-form pupils on the topic "Financial System of Armenia."

28/04/2016 14:44

Central Bank of Armenia approves merger agreement of ProCredit Bank and INECOBANK

The Central Bank of Armenia has approved the merger agreement of ProCredit Bank and INECOBANK. The press office of INECOBANK told ArmInfo on April 28 that the Central Bank Board approved the merger agreement on April 26, 2016.

26/04/2016 14:38

VTB Bank (Armenia) improves "Super-rate" service terms, refunding 20% of the interest paid versus the previous 10%

Within the framework of provision of installment loans, VTB Bank (Armenia) has improved the terms of the "Super-rate" service. After complete redemption of the loan, the Bank refunds 20% (versus the previous 10%) of the interest paid within at least 6 months to the conscientious borrowers.

20/04/2016 07:33

VTB Bank (Armenia) offers reduced tariffs for money transfers by UNIstream system within VTB Group

Due to its geographical coverage VTB Group has the opportunity to present such products and services, which make cooperation between VTB Group clients from various countries more beneficial and convenient. VTB Group has developed a product for those clients who use UNIstream money transfer systems in Armenia, Ukraine, Georgia and Kazakhstan.

09/04/2016 19:21

VTB Bank (Armenia) cancels loan commitments of victims and gone missing

VTB Bank (Armenia) expressing deep condolences to the families of victims and being bound in honor to support them has made a decision to cancel loan commitments of those who have been killed on the frontline or gone missing.

09/04/2016 19:20

ACBA-Credit Agricole Bank to cancel loan commitments of victims and members of their families

ACBA-Credit Agricole Bank has made a decision to cancel loan commitments of those who have been killed on the frontline and members of their families.