Remarks voiced in the Armenian Parliament said that the closure of ProCredit Bank will leave over 100 employees jobless. In response, INECOBANK - the new owner of ProCredit Bank - has come out with a statement: "One of the key prerequisites of the merge was the similarity of the two banks' corporate governance culture and the availability of professional teams. In fact, this can be considered the most important asset acquired by INECOBANK".
By opening a new "Erebuni" branch in Yerevan (at 7/60, Erebuni), Anelik Bank has increased the number of its branches to 15. The press office of the Bank has told ArmInfo that the new branch is equipped with up-to-date facilities and it is ready to provide the full package of banking services to the customers on favorable terms: account maintenance, consumer and business loans, provision of local and international cards, attraction of time deposits, acceptance of utility payments, local and international remittances, etc.
Ameriabank successfully placing three issues of AMD bonds of European Bank for Reconstruction and Development (EBRD) covered 42.1% of the market and held the 1st position by these indicators. The yield of the first issue of EBRD bonds placed on July 29, 2015 was 17%, with the issuing volume of AMD 2 billion, nominal value of 10 thousand AMD each and the coupon payments made once in a year.
ACBA-CREDIT AGRICOLE BANK and Oxford Microfinance Initiative (OMI) consulting company are initiating a joint project related to the Armenian agricultural sphere, according to the Bank's press-office.
The children of Gavar orphanage and Khachik village school received sports equipment from ACBA-CREDIT AGRICOLE BANK and Armenian journalists' football team. The press office of the Bank has told ArmInfo that the equipment was purchased thanks to the charitable football match with the participation of the World and Europe champion Youri Djorkaeff.
On January 21 Ameriabank signed two largest in the region deals with the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC), which is a member of WB. The Chairman of the Board of Directors at Ameriabank Andrew Mkrtchyan and Nick Tesseyman, EBRD Managing Director, Financial Institutions signed the first deal. The second deal with IFC was signed by Andrew Mkrtchyan and Jan van Bilsen, IFC Regional Manager for the South Cacuasus.
IFC, a member of the World Bank Group, is providing a $50 million subordinated loan to Ameriabank, the largest bank in Armenia, to support its capital and boost its capacity to lend to local enterprises, expanding access to finance and helping drive economic growth and job creation. By providing long-term capital support, IFC aims to increase the stability of Armenia's banking sector and support the strategic goals of Ameriabank, its valued partner.
Famous Swiss investor and benefactor of Armenian descent, founder and owner of world known Franck Muller Watchland, owner of ArmSwissBank Vardan Sirmakes made a decision to allocate 1 mln USD under Shirak Development Program
Anelik Bank has joined one more international payment system - Ria Money Transfer. The press office of the Bank has told ArmInfo that the system enables the customers to receive and send money transfers to more than 147 countries without opening any account. The commission fee for the transfers to Russia, Ukraine and Georgia is 2% of the remitted amount (or at least 4 EUR), to other CIS countries - 2.5% (at least 5 EUR) and to other countries - 3% (at least 6 EUR).
Anelik Bank, in the very first month of this year revised Dram+ deposit making it more attractive by increasing the annual interest from 16.25% to 17.75%. The depositor has the opportunity to refill the deposit sum at any time, the Bank's press- service informed ArmInfo.
Ameriabank summed up the results of drawing during which 38 from 66 cardholders received tablets, presented by Master Card and ArCa.
According to the survey conducted by the Gallup International Association (GIA) representative office in Armenia, VTB Bank has the highest brand awareness on Armenia's banking market, the bank's press-service reports.
Certification International (UK) Ltd has reaffirmed that the information security system of "Areximbank-Gazprombank Group" CJSC meets the ISO27001:2013 standard. The press office of the Bank has told ArmInfo that the Bank has received a new certificate of conformity, which is valid until December 2018.
Anelik Bank has received certificate of compliance with ISO/IEC 27001:2013 international standard from German Audit Company TUV Rheinland, the bank's press-service informs.
Although VTB Bank (Armenia) was included in the list of the organizations falling under updated U.S. sectoral sanctions, the legal force and volume of the sanctions imposed on it in September 2014 have not changed. VTB Bank (Armenia) has come out with such statement following the Sectoral Sanctions List Update by U.S.
VTB Bank (Armenia) has introduced an online program for payment of property tax for motor transport, which facilitates the acceptance of payments for compulsory technical inspection, the Bank's press-office told ArmInfo.