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Armenia’s central bank council s raises benchmark interest rate to 13%

YEREVAN, January 21, /ARKA/. Armenia’s Central Bank Council said it has raised the bank’s s benchmark interest rate to 13%.

Last time it changed the benchmark interest rate on 2008 October 7, setting it at 12%, the Central Bank press office reported. M.M.-0-

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Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

Euro exchange rate rises by 0.91 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 26, 2025, amounted to 393.51 drams, down 0.04 points compared to February 25.

Andranik Grigoryan: Capitalization of new opportunities involves the implementation of digital services and ensuring security 

Andranik Grigoryan, the CEO of Converse Bank, addressed key topics in an interview with AmCham magazine, including customer interests, digital financial services improvement, and Converse Bank's digital team organization. Read the full interview with Andranik Grigoryan

Top ten highest salary paying Armenian banks

ARKA news agency has compiled the rating of ten Armenian banks with highest salaries in the third quarter of 2013. The list includes HSBC Bank Armenia, ACBA -CREDIT AGRICOLE BANK, Armswissbank, Areximbank - Gazprombank Group, Byblos Bank Armenia, Ameriabank, Armenian Development Bank, ProCredit Bank, Conversebank and Inecobank

$66.4 million bought by commercial banks last week at Armenia’s intra-banking forex market

Commercial banks bought $66.4 million at 472.75 drams per one dollar at Armenia's intra-banking foreign exchange market over a period between October 12 and 16, the press office of the Central Bank of Armenia reports

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