Newsfeed

ACBA-CREDIT AGRICOLE BANK announces results of draw among Visa Student cardholders and student loan borrowers

INECOBANK receives first US$5mn tranche from EBRD to finance renewable energy and SME

Banks buy $1.7 million out of $4 million offered by Central Bank on 20 December

Beeline and Technology Development Center present App Armenia system and mobile application

Vigen Barseghyan appointed as Acting Director General of Areximbank-GPB Group

Vallex Group launches mining at Teghout copper-molybdenum deposit

Anelik Bank faces no problems with liquidity amid national dram hyper-devaluation due to financial support Credit Bank S.A.L.

On 20 December ACBA-CREDIT AGRICOLE BANK to hold annual prize draw ahead of the New Year among Visa Student cardholders and raffled off tuition fees

Expert: In 2015 the situation over Nagorno-Karabakh will not be better than in 2014

Nagorno-Karabakh PM: Question whether there should be a customs point on Armenian-NKR border is no longer on agenda

Expert: AMD's depreciation will not prevent Armenian Government from fulfilling next year's budget

House of Representatives of Belarus ratifies agreement on Armenia's accession to Eurasian Economic Union

Prosecutor insists on life and 22-year terms for Azeri raiders

Open Days at Yerevan Brandy Company

John Heffern says Armenia has not received invitation by Millennium Challenge Corporation this year

John Heffern: The USA wants to go on stimulating reconciliation of the Armenian and Turkish peoples

ARFD: The Turkish-Azerbaijani tandem has sharply activated at the world arena

John Heffern: Agreement on Vorotan Cascade of HPPs to be signed shortly

Kazakhstan Senate ratifies treaty on Armenia's accession to EEU

Drivers of public mini-van go on being on strike because of raising fuel price

Armenian PM: There will be no more shocks on financial market

Armenia's Central Bank tries to sell $4mln but nobody buys it

Beeline to complete digitization of the network in Metsavan, Norashen and Kuchak communities

European Union launches 15 new projects in Armenia

Inga Zarafyan: Mining industry has leading positions in terms of environmental damage

Hovik Abrahamyan familiarizes himself with prices at Armenian supermarkets

Rostelecom expands network of acceptance of payments through banks

Baby born with parasitic twin fetus in Armenia

Parliament of Kazakhstan ratifies treaty on Armenia's accession to EEU

Public transport drivers in Nor-Nork District in Yerevan block road to city center

Artur Javadyan: Armenia's Central Bank is not planning prescheduled revision of its refinancing rate

Armenia's CB: AMD's hyper-depreciation has been caused by panic and speculations

Small business in Armenia to be red-listed

20/12 18:32 ACBA-CREDIT AGRICOLE BANK announces results of draw among Visa Student cardholders and student loan borrowers

ACBA-CREDIT AGRICOLE BANK has announced the results of the draw conducted among the Visa Student cardholders and student loan borrowers. The press service of the Bank has told ArmInfo that the draw winners among the student loan borrowers are Hovik Veranyan, Ruzanna Matevosyan, Robert Simonyan, Ani Hovhannisyan, Narek Margaryan, Lilit Mirzakhanyan, and the winners among the Visa Student cardholders are Hayk Sukiasyan, Juliana Vardanyan, Hasmik Hambaryan, Arusyak Ghukasyan, Arevik Badalyan, Aram Chobanyan. The prizes will be awarded to the cardholders, who submit before 31 Jan 2015 a certificate confirming their studies at a certain university.

20/12/2014 18:09

INECOBANK receives first US$5mn tranche from EBRD to finance renewable energy and SME

On December 19, INECOBANK received the first US$5mn tranche under the US$10mn loan agreement with EBRD. The bank is expected to finance renewable energy sector and small and medium-sized enterprises (SME). According to INECOBANK press-service, the first tranche will be on-lent to companies for implementation of energy-efficiency and renewable energy projects, as well as to privates in terms of consumer loans.

20/12/2014 17:55

Banks buy $1.7 million out of $4 million offered by Central Bank on 20 December

In the inter-bank foreign exchange market of Armenia, $1.7mn out of $4mn offer of the Central Bank was in demand today on 20 December. The Central Bank of Armenia (CB) told ArmInfo, the average (indicative) rate totaled 446.76 AMD/1 USD, with the cutoff rate being 445AMD/1USD.

20/12/2014 17:29

Vigen Barseghyan appointed as Acting Director General of Areximbank-GPB Group

Vigen Barseghyan has been appointed as Acting Director General of Areximbank-Gazprombank Group.

20/12/2014 16:43

Anelik Bank faces no problems with liquidity amid national dram hyper-devaluation due to financial support Credit Bank S.A.L.

Anelik Bank faced no problems with liquidity amid the national dram hyper-devaluation due to the financial support of its owner, Credit Bank S.A.L. (Lebanon), Nerses Karamanukyan, Chairman of Anelik Bank Board, told ArmInfo.

20/12/2014 13:38

On 20 December ACBA-CREDIT AGRICOLE BANK to hold annual prize draw ahead of the New Year among Visa Student cardholders and raffled off tuition fees

ACBA-CREDIT AGRICOLE BANK will hold its traditional annual prize draw ahead of the New Year among Visa Student cardholders and raffled off six semester tuition fees, in 20 December, at 10:30 AM, in Moscow cinema, the bank's press office reported. All cardholders who have been active from 25 August to 19 December may take part in the raffle.

18/12/2014 17:56

Armenian PM: There will be no more shocks on financial market

Armenia's financial market will no longer face the shocks like the one it faced on Dec 17, Armenian Prime Minister Hovik Abrahamyan told journalists on Thursday.

18/12/2014 17:55

Armenia's Central Bank tries to sell $4mln but nobody buys it

On Dec 18 Armenia's Central Bank tried to sell $4mln on the inter-bank forex market but none of the banks bought it. No forex transactions were registered on the exchange on the same day, with the average offer rate being 548.8 AMD/1 USD. It was the first CB intervention since Dec 8.

17/12/2014 18:27

Artur Javadyan: Armenia's Central Bank is not planning prescheduled revision of its refinancing rate

Armenia's Central Bank is not planning prescheduled revision of its refinancing rate, the CB's Chairman Artur Javadyan told journalists on Wednesday.

17/12/2014 17:49

Armenia's CB: AMD's hyper-depreciation has been caused by panic and speculations

For the moment USD rate is overvalued while AMD rate is undervalued, Chairman of the Central Bank of Armenia Artur Javadyan told journalists on Wednesday.

16/12/2014 23:20

VTB Bank (Armenia) and MasterCard launch a joint bonus campaign for MasterCard holders

TB Bank (Armenia) and MasterCard are launching a joint bonus campaign for the MasterCard holders among the customers of VTB Bank (Armenia). The press service of the Bank has told ArmInfo that by paying with MasterCards at any trade and service outlets from 15 Dec 2014 till 15 Mar 2015, the customers of VTB Bank (Armenia) will be accumulating bonus points and will get an opportunity to win a prize: a 500 thsd AMD certificate for purchasing household appliances, a trip to Sri Lanka for two persons or a Renault Logan. A total of 100 cardholders, who accumulate the highest number of points, will take part in the draw.

12/12/2014 17:46

VTB Bank (Armenia) raises interest on VTB-Prospect+ deposit to 14.25%- 14.75%

On the occasion of the New Year, VTB Bank (Armenia) has decided to raise interest on its VTB- Prospect+ deposit to 14.25% for 365 days and 14.75% for 730 days. The campaign will last till Feb 28 2015.

11/12/2014 23:34

Ameria Group to hold a benevolent auction to help children who need urgent treatment

The company's press service has told ArmInfo that all the proceeds from the auction will be spent on treatment of the children suffering from oncological and hematological diseases, juvenile idiopathic arthritis and other diseases that require urgent treatment.

11/12/2014 23:30

Ardshinbank raises overdraft limit for salary cards by 10 times

Ardshinbank has raised the overdraft limit for its salary cards by 10 times. The overdraft will be given in AMD and will have repayment preferences, like a grace period and monthly reduction.

11/12/2014 15:22

Anti-monopoly body of Armenia says there is no artificial growth of prices at the retail market of Armenia

The growth of prices since the beginning of November till 10 December is in line with the fluctuation of the foreign currency rate. This is evidence of the fact that big suppliers did not overuse their dominating position at the market, Chairman of the State Commission for Protection of Economic Competition, Artak Shaboyan, said in the government today when presenting the premier the situation in the republic.

10/12/2014 16:35

Ardshinbank issues inaugural bonds in international financial markets

9 December 2014, "Ardshinbank" CJSC ("Ardshinbank") raised USD 75 million from the international capital markets through a Reg S only senior unsecured private placement.