Mon, 7 July
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Yerevan
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Education loans in April grow by 2.9% to about 4 billion drams

YEREVAN, June 10. /ARKA/. In 2016 April Armenian commercial banks provided about 3.98 billion drams worth education loans, by 2.9% more than in March, according to the monthly bulletin of the Central Bank of Armenia.

About 55% of loans or 2.2 billion drams, provided in April were in foreign currency, by 2.2% less than in March.

The amount of loans in drams was 9.6% higher than in March amounting to 1.8 billion drams.
At present, there are 20 commercial banks in Armenia. ($ 1 – 478.87 drams). -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank invalidated banking license of Ardshininvestbank due to its merger with Ardshinbank

The Board of the Central Bank of Armenia has revoked the banking license of Ardshininvestbank CJSC (formerly HSBC Bank Armenia CJSC) following its merger with Ardshinbank CJSC.

Average annual exchange rate of Armenian dram to US dollar  projected at 402 drams in 2025 – EDB

The value of the Armenian dram will decrease slightly in 2025, and its average annual exchange rate to the US dollar is projected at 402 drams in 2025, according to the Eurasian Development Bank’s (EDB)   macroeconomic forecast for 2025-2027.

Unibank’s “Haghtanak” branch serves clients from 9:30 am to 7:30 pm

Unibank branch “Haghtanak” has switched to a new operating mode - extended hours. Now clients can receive a full range of banking services from Monday to Friday - from 9:30 am to 7:30 pm.The branch is located at N94, 62 Komitas, Yerevan. 

Acba Bank donates amd 130 million to Military Insurance Fund (video)

Acba bank and other members of the financial group - ACBA Leasing and Amundi-ACBA - have donated more than AMD 130 million to Armenia's Military Insurance Fund in recent months, the press service of the bank reported

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