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Daily Archives: Dec 11, 2013

Share of non-performing assets of Armenian commercial banks 4.48% in October

Banks admin -
The share of non-performing and written-off assets of Armenian commercial banks was 4.48% in October 2013, a reduction of 0.26 percentage point from the month before, says the monthly Central Bank of Armenia handbook for October

Armenian and foreign bank-issued plastic cards were used in October to make 2.5 billion drams worth internet-based transactions

Banks admin -
Armenian and foreign bank-issued payment cards were used in October by Armenian cardholders to make 2.5 billion drams worth Internet-based transactions, an increase of 11 percent compared to September, the Central Bank said in its October bulletin

Total number of plastic cards issued by Areximbank – Gazprombank group grows by 15.5 percent this year

Banks admin -
The total number of plastic cards issued by Russian-owned Areximbank - Gazprombank Group has grown by 15.5 percent this year to 18,627, according to deputyCEO Ruben Khachatryan

Armenia’s regulator approves appointments at fund-running companies

News admin -
The Central Bank of Armenia has approved the nomination of heads of AMUNDI-ACBA ASSET MANAGEMENT CISC and C-QUADRAT AMPEGA ASSET MANAGEMENT LLC

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Unibank opens new branch in Malatya-Sebastia district of Yerevan

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Unibank's branch ‘Zoravar Andranik’ has started servicing clients, the bank's press service reported.

Euro depreciates by 0.86 points to AMD 409.45

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The average market exchange rate of the US dollar to the Armenian dram on January 16, 2025, amounted to 398.1 drams, having increased by 0.01 points compared to January 15.

Armenia extends program of subsidizing interest rates on loans for grape purchase by six months

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Today, the Armenian government extended by six months the state program of subsidizing interest rates on loans issued to farms for the purchase of grapes.

“Shoonch”: high-quality water and freshness in every drop

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The production of the Armenian water brand "Shoonch" began about two years ago. In developing the brand name and bottle design, the founders of Shoonch studied global market trends, creating a product that is poised to establish its presence in the international market.

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