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  • Archive for July, 2024

    Armenia’s Central Bank changes procedure of sanctions disclosure

    Thursday, July 4th, 2024

    Armenia’s Central Bank introduced changes into the procedure of disclosure of sanctions against financial organizations, the regulator reported on Wednesday.

    Managers of Armenia’s banks visit OVIO data processing center

    Tuesday, July 2nd, 2024

    At the initiative of the Union of Banks of Armenia and the OVIO company, the management of several Armenian commercial banks visited OVIO’s data processing center, the largest in the country, the OVIO press service reported on Tuesday.

    Net influx of money transfers to Armenia from abroad decreases by almost 1.7 times in January-May year-over-year

    Monday, July 1st, 2024

    The net influx of cross-border money transfers to individuals in Armenia amounted to $449.4 million in January-May 2024 compared to the $767.3 million in the five months of 2023, Armenia’s Central Bank reported on Monday.

    Cumulative deposit on flexible terms: Byblos Bank Armenia's new offer

    Monday, July 1st, 2024

    Byblos Bank Armenia introduced a special cumulative deposit offer aimed at fostering dynamic growth of funds, the bank announced on Monday.