Newsfeed

Zangezur Copper Molybdenum Combine intends to increase output by 10% in 2016

Australian Senator delivers a speech in Senate, supporting independence of Nagorno-Karabakh

Republican: Control Chamber of Armenia will be changed into Audit Chamber

Adam Schiff urges James Warlick to abandon false parity in Karabakh problem

Adversary fired at Armenian positions from rocket-artillery systems overnight

Arman Tatoyan: I will be able to withstand pressure on the post of Ombudsperson

Ralph Yirikian's personal support to people living in borderland village of Khachik

New Armenia Front urges world community to impose sanctions on Armenia's government

INECOBANK explains: One of key prerequisites of merger with ProCredit Bank was similarity of corporate governance culture and availability of professional teams

Vache Gabrielyan's brother-in-law arrested for bribery attempt

Yerevan: Ankara's statements that Vatican renounces Pope's April address have nothing to do with the reality

Andrzej Kasprzyk's powers prolonged for one more year

Indonesia facilitates visa regime for citizens of Armenia

Anelik Bank increases number of its branches to 15 by opening a new "Erebuni" branch in Yerevan

Rostelecom provides Nubarashen boarding school No.2 with IP television

Slovak lawmaker says he will keep supporting Armenians in Armenia's dispute with Turkey and Azerbaijan

Armenian Deputy Minister of Justice Arman Tatoyan is RPA's candidate for Ombudsman

Oppositionist: High petroleum prices in Armenia are result of criminal monopoly

Car of villager in Armenia fired by Azerbaijani Armed Forces

Minister names address of rebuilt Afrikyans' building

Nikol Pashinyan calls for government to investigate rumors about Samvel Aleksanyan's smuggling activities

C-bond publishes rating of Armenian underwriters

President's brother: Serzh Sargsyan intends to remain one of the country's major decision-makers

New political force being set up in Armenia

Vice-Speaker of Armenian Parliament: Baku's efforts to introduce element of inter-religious conflict to Karabakh problem are unallowable

Edward Nalbandian: Armenian diplomats did everything possible to prevent adoption of PACE reports by Walter and Markovic

Edward Nalbandian: Meeting with OSCE MG Co-Chairs will take place in the next few days

Armenian Foreign Ministry: Azerbaijani authorities take it a step further and accuse MG Co-Chairs in Islamophobia

ANC again applied to authorities demanding to accept its proposals on improvement of Armenia's electoral system

Nalbandian: Armenia is ready to move forward with EU

Edward Nalbandian: It would be strange to look for logic in Turkish diplomacy and rhetoric

Levon Zurabyan: Azerbaijan managed to implement its immediate goal

Human rights activist: ECHR will take no decision to return Ramil Safarov to Hungarian jail

Expert: Ombudspersons defeated Armenia's authorities with a score 3:0

Yerevan: Armenia seeks to enhance relations with Iran

Candidate for Ombudsman to be nominated by Standing Parliamentary Committee on State and Legal Affairs

Gevorgyans couple receives probation after crossing into Azerbaijan and being repatriated to Armenia

Mass Media: Russian serviceman attempts to penetrate into one of private flats in Gyumri

Regional

05/02 12:12 INECOBANK explains: One of key prerequisites of merger with ProCredit Bank was similarity of corporate governance culture and availability of professional teams

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".

04/02/2016 14:13

Anelik Bank increases number of its branches to 15 by opening a new "Erebuni" branch in Yerevan

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.

03/02/2016 15:28

C-bond publishes rating of Armenian underwriters

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.

31/01/2016 20:49

ACBA-Credit Agricole Bank and Oxford Microfinance Initiative launch joint project

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.

22/01/2016 16:39

ACBA-CREDIT AGRICOLE BANK and Armenian journalists' football team present sports equipment to children of Gavar orphanage and Khachik village school

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.

22/01/2016 11:35

Two large deals with EBRD and IFC will allow Ameriabank preparing for future IPO

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.

21/01/2016 16:38

IFC's $50 Million Helps Increase Ameriabank's Capital to Boost Growth, Expand Access to Finance in Armenia

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.

20/01/2016 18:56

Vardan Sirmakes allocated 1 mln USD to Gyumri textile factory under Shirak Development Program

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

19/01/2016 17:39

Anelik Bank joins one more international payment system - Ria Money Transfer

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).

12/01/2016 09:47

Anelik Bank makes "Dram+" deposit more attractive increasing interest rate from 16.25% to 17.75%

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.

29/12/2015 19:26

Ameriabank holds drawing of 38 tablets for its active cardholders on New Year Eve

Ameriabank summed up the results of drawing during which 38 from 66 cardholders received tablets, presented by Master Card and ArCa.

28/12/2015 18:05

VTB Bank has the highest brand awareness on Armenia's banking market

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.

25/12/2015 13:33

Areximbank-GPB Group successfully recertified as compliant with ISO 27001:2013 standard

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.

24/12/2015 14:38

Anelik Bank receives certificate of compliance with ISO/IEC 27001:2013 international standard

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.

24/12/2015 14:37

VTB Bank (Armenia) functions properly, maintaining high level of liquidity and capital

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.

22/12/2015 16:25

VTB Bank (Armenia) facilitates acceptance of payments for compulsory technical inspection

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.