Armenian Armeconombank awarded quality excellence certificate by German Commerzbank AG

YEREVAN, June 22. /ARKA/. Armenian Armeconombank was awarded a certificate of quality excellence by German Commerzbank AG for faultless handling of international remittances in 2011.

In a press release sent to ARKA, Armeconombank said the certificate was awarded for operating remittances in conformity with international standards.

“Remittances were made automatically that reduced to minimum the duration of the money transfer process”, the press release said.

Armeconombank was registered on August 26, 1991. The European Bank for Reconstruction and Development holds 25%+1 share in it and 53.4% of the shares belong to the Sukiasyans family that had founded the bank. -0–

spot_img

POPULAR

Euro and ruble drop against Armenian dram, as US dollar rises

YEREVAN, August 11. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market increased by 0.19 points on August 11, 2026, compared to August 10, to 366.07 drams.

An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

Unlocking the Secrets of the Financial World at ”Hayordi” Camp with Idram&IDBank

YEREVAN, August 13. /ARKA/. Bank accounts, payment cards, deposits - to explain these and several other concepts and answer the kids' most burning financial questions, Idram and IDBank this time visited ''Hayordi'' Camp.

Central Bank of Armenia makes it easier to open and fund e-wallets

YEREVAN, August 11. /ARКА/. The Board of the Central Bank of Armenia has sanctioned changes to the regulations governing the issuance and utilization of electronic money, with the goal of fostering a more efficient and competitive payment landscape.

Loan and leasing portfolio of Armenian credit institutions in the first half of 2026 amounted to 681.8 billion drams

YEREVAN, August 10. /ARKA/. As of June 30, 2026, the total loan investment and leasing portfolio of Armenian credit institutions reached 681.8 billion drams, reflecting a 1.64% increase from the previous quarter and a 3.23% rise since the start of the year.

LATEST NEWS

spot_imgspot_imgspot_img