Wed, 5 February
8.1 C
Yerevan
USD: 396.71 RUB: 4.00 EUR: 409.96 GEL: 139.81 GBP: 492.87
spot_img
type here...

Daily Archives: Sep 30, 2016

VTB bank (Armenia) not considering merger or other deal

Banks
VTB Bank (Armenia), a 100% subsidiary of Russian VTB Bank, is not considering any merger or acquisition deal in Armenia now, VTB24 Board Chairman Mikhail Zadornov told a news conference today in Yerevan, adding: "Never say never.”

VTB bank (Armenia) to focus on retail business in its next 3-year strategy

Banks
VTB Bank (Armenia) is mapping out now its next three-year strategy in which the focus will be on the retail business, VTB24 Board chairman Mikhail Zadornov said to a news conference today in Yerevan

Crédit Agricole wants to become “ambassador” of French capital in Armenia

Banks
Armenian prime minister Karen Karapetyan and Marc Oppenheim, head of International Retail & Commercial Banking at Credit Agricole S.A, discussed today in Yerevan prospects for implementation of investment programs in Armenia

Unibank running ‘You Spend – We Gift Money’ campaign for its cardholders

Banks
Unibank is running ‘You Spend – We Gift Money’ campaign for its cardholders

Press conference by Mikhail Zadornov, VTB24 Board Chairman and the leadership of VTB Bank (Armenia)

Economy

Araratbank’s authorized capital built up by AMD 8.5 billion to AMD 31.7 billion

Banks
Araratbank has added AMD 8.5 billion to its authorized capital by issuing and placing stocks, the bank’s press office reported on Thursday

Armenia planning to half its budget deficit in 2017

Economy
Armenia is planning to half its budget deficit in 2017, Vardan Aramyan, the country’s finance minister, told journalists on Thursday

ArmBanks.am - ARKA News Agency financial-banking portal
The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.

Sections

Latest news

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

Strong demand for mortgages and consumer loans keep interest rates high – Central Bank of Armenia

One of the phenomena faced by the Central Bank of Armenia is the huge demand for loan products, the regulator's head Martin Galstyan said at a press conference on Tuesday.

Armenia’s inflation in 2025 may approach lower threshold of target – Central Bank

The inflation target in Armenia for the current year is set at 3%, and by the end of 2025 it will most likely approach the lower limit, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday.

Subscribe to the newsletter

By subscribing to the newsletter, you agree to the service rules and the terms of storage and use of your data.

Subscribe to the newsletter

© 1996-2025 ARKA News Agency. All rights reserved