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Armenian central bank approves new version of Ameriabank’s

Banks

YEREVAN, June 29. /ARKA/. The Central Bank of Armenia has approved a new version of Ameriabank’s charter and voided Cascade Bank CJSC’s license because of the merger of these two banks, the central bank’s press office reported on Monday.

The regulator registered the merger of Ameriabank and Cascade Bank on June 18. -0—

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Banks

ACBA-CREDIT AGRICOLE BANK issues American Express Cashback cards in new design and on modified terms

ACBA-CREDIT AGRICOLE BANK, the exclusive issuer of American Express cards in Armenia, said today it will be issuing American Express Cashback cards in a new special design and on modified terms
Exchange market

20,000 dram banknote of 2024 issue put into circulation in Armenia

The Central Bank of Armenia reported about putting into circulation from January 27 this year a banknote with a nominal value of 20,000 drams of 2024 issue, which is a legal tender on the territory of the country and is subject to unconditional acceptance at its nominal value without time limitations.
Capital market

Armenia’s equity market capitalization surges by 60% to AMD 256 bn

The insights of the first quarter at Armenia Securities Exchange (AMX) have shown a surge of market and trade values of securities in comparison with the same quarter data in the last two years, AMX said in a press release today
Banks

VTB Bank (Armenia) provides express agro loans as part of government-designed program

VTB Bank (Armenia), a leading Armenia-based commercial bank in terms of financing government-designed programs, continues to actively participate in the initiatives of the government, worked out to help enhance the economic development of the country, including through support for agriculture, the bank said in a press release today
Banks

VTB Bank (Armenia) announces another drop in loan interest rates

The VTB Bank (Armenia) has announced another drop in interest rates on gold-secured loans, as well as on the applied commissions

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

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Armenian company buys Russian subsidiary of Goldman Sachs

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