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Areximbank-Gazprombank Group Offers New Service to Its Customers

YEREVAN, May 27, /ARKA/. Areximbank-Gazprombank Group began offering a new plastic card service to its customers. A press release by the bank said anyone may obtain international.

VISA and MasterCard plastic cards without having to visit the bank’s head office or its branches, because they can be obtained on-line. Customers will have to fill in an online application only.

Areximbank-Gazprombank Group (earlier Areximbank) was established in 1998 to handle money transfers form Russia to Armenia and vice versa and support businesses. It is a member of international payments systems VISA International and MasterCard International. As of May 27 it issued 53,930 VISA International and MasterCard International plastic cards.-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.

Development of Armenia’s capital market is hampered by lack of qualified financial intermediaries, investment banks and brokers – AMX CEO

In an exclusive interview with ARKA news agency CEO of Armenian Securities Exchange (AMX) Hayk Yeganyan spoke about the strategy of the exchange, prospects of the securities market development, as well as the obstacles on this path

Armenia’s financial market is successful, banking system strong – expert

Armenia's financial market in terms of banks is quite successful, Armen Hovhannisyan, head of investment banking at Dimension Investments, believes.

Armenia wants to extend tax holidays on income from shares

The Armenian Parliament approved, in the first reading, a draft amendment to the Tax Code, which extends tax holidays on income derived from shares of private companies for three years.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

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