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Daily Archives: May 10, 2017

ArCa and NSPC to issue joint payment cards

Banks
The Armenian Card (ArCa) payment system and h the Russian National System of Payment Cards (NSPC), which is the operator of the Mir payment card are preparing to issue joint cards in Armenia, RNS reported citing the Central Bank of Armenia

Mellat Bank Yerevan to open branch in Georgia

Banks
Mellat Bank Yerevan, a subsidiary of Iran’s Bank Mellat, will open a new branch in Georgia by the end of the first half of the current Iranian year (Sept. 22), Bank Mellat’s chief executive said, according to Financial Tribune

NASDAQ OMX Armenia introduces on-line retail system for government bonds allocation and buyback

Capital market
On April 25, 2017 NASDAQ OMX Armenia launched an on-line system for government bonds allocation and buyback, which enables individuals to purchase government bonds on-line directly from the Government

Government bond auctions will be conducted at NASDAQ OMX Armenia platform

Capital market
Starting from April 25, 2017 allocation and buyback auctions of Armenian government treasury bonds were transferred from Central Bank to "NASDAQ OMX Armenia" OJSC platform

Unibank’s branches accepts payment for Lawyer 24 service

Banks
The Yerevan-based Unibank said today that all its branches accept payments for the certificate of Lawyer 24 services. The Lawyer 24 is an annual subscription to legal advice

Around $80.4 million bought by Armenian banks last week

Banks
Armenia’s commercial banks bought around $80.4 million from the local foreign currency market on May 2 to 6 at the average weighted exchange rate of 484.14 drams per one USD

Armenian finance minister finds five-percent GDP growth in 2018 achievable

Economy
For 2018 and 19, Armenia is going to target higher economic growth, and even five per cent is quite possible for the country for the year 2018, Vardan Aramyan, Armenian finance minister, said in an interview with Emerging-europe.com

Stepan Gishyan charitable foundation established by ACBA-CREDIT AGRICOLE BANK provides first grants

Banks
The Stepan Gishyan Charitable Foundation, created by ACBA-CREDIT AGRICOLE BANK, provided the first grants, the bank's press service reports

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

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.

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