Armenian law-enforcement bodies investigating theft of large amount from ATM

YEREVAN, December 16. /ARKA/. Armenian law-enforcement authorities have opened a criminal case involving theft of a large amount of money from an ATM in downtown Yerevan, owned by ACBA-CREDIT AGRICOLE BANK.

According to a police statement, the ATM was broken at 5.20 am today morning. The criminal or criminals damaged the machine stealing large amount of money.

The criminal case is opened under paragraph 1st, part 3 of Article 177-d (theft committed in especially large amount) and paragraph 1, Part 2 of Article 185 (deliberate destruction or damaging of property committed by arson, explosion or other publicly dangerous way) of the Criminal Code of Armenia.
Police officers found explosion products on the ATM’s top, finding also nearby two gas and oxygen cylinders with a cable and a transparent rubber hose.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK. -0-

spot_img

POPULAR

Central Bank of Armenia and banks are ready to tighten mechanisms to combat telephone fraud – Galstyan

The Central Bank of Armenia, together with banks, is ready to introduce stricter mechanisms to prevent telephone fraud, stated regulator head Martin Galstyan, responding to a question from the ARKA news agency.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

Central Bank to Strictly Monitor Disclosure of Bond Issues – Galstyan

Central Bank of Armenia Governor Martin Galstyan stated the need to closely monitor issuers' disclosures when issuing bonds.

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

LATEST NEWS

spot_imgspot_imgspot_img