Commerzbank The First Time Approved The Banking Guarantee In National Currency For Armenian Bank

YEREVAN, May 11. /ARKA/. German Commerzbank approved banking guarantee in the sphere of funding of trade in the amount of about 700 million drams.

“This is the first case when respectable European organization approves guarantee in national currency which evidences the increase of AMD in financial affairs.

Ameriabank intends to continue active cooperation with international structures and trade operations.

CJSC “Ameriabank” (former “Armimpexbank” renamed in May 2008) was established in July 1992 on the basis of Armenian branch of Vnesheconombank USSR. It received license of CB Armenia for banking activity on September 8, 1992.

In August 2007 the shares of the Bnak were obtained by the company “T-D-A Holdings Limited” affiliate of the largest investment-banking company of Russia the group “Troyka Dialog”. ($1 – 372.74 drams).–0–

spot_img

POPULAR

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

LATEST NEWS

spot_imgspot_imgspot_img