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Daily Archives: Mar 2, 2018

Inecobank clients may buy and sell securities directly

Banks
On February 28, 2018 "Inecobank" CJSC was granted the status of Regulated Market Settlement System Member (RMSSM) of “Central Depository of Armenia” OJSC (CDA)

Armenian government’s external debt grew by 14.3% in 2017 to about $5.5 billion

Economy
In Late December 2017 Armenia’s overall external public debt stood at $5.494.9 billion, an increase of 14.3% or $696.6 million from the previous year, according to the numbers, released by the National Statistical Service

The number of Unistream mobile application’s users triples

Banks
The popularity of the Unistream mobile application among UNISTREAM card holders has significantly increased over the last year due to reduced tariffs, convenient functionality and easy-to-use interface, the Yerevan-based Unibank said today in a press release

Armenian Central Bank sets restriction for real estate transactions

Economy
The Armenian National Assembly amended Thursday at the second and final reading the law on money laundering and terrorism financing

Tigran Davtyan was appointed chief executive officer of Inecobank

Banks
Tigran Davtyan was appointed as new Chief Executive Officer of Inecobank, the Yerevan-based bank said today. It said Tigran Davtyan has more than 25 years of experience in the banking and finance sector and has worked on many responsible positions both in Armenia and abroad

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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