Robbed bank branch in Yerevan reopens for customers

YEREVAN, October 10. /ARKA/. A branch of Conversebank in downtown Yerevan that was robbed yesterday morning, has reopened today. According to media reports, the robber took away about 96 million drams, an amount equivalent to about $200,000.

“We urge all to refrain from unnecessary comments and publishing unverified information. Publications on the progress of the investigation is in the jurisdiction of law enforcement agencies,” the branch located in central Sayat Nova Avenue, said in a press release.

The bank’s managers are said to have expressed their gratitude to the law enforcement bodies for timely response and the media for objective coverage of the situation.

Earlier reports said the alleged criminal entered the bank on 9 October at about 11:00 and under a threat of making an explosion demanded and took away cash in various currencies, equivalent to 95,750,000 drams (about 199,900 US dollars).

The police said they are clarifying the circumstances of the incident to identify the alleged robber. -0-

spot_img

POPULAR

Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

Shares of Noubar Afeyan’s Moderna soared 124% on news of a successful cancer vaccine trial

YEREVAN, August 20. /ARKA/. Shares of the biotech company Moderna soared 123.6% at the start of trading in the US on August 19, reaching a peak of $140.77, according to trading data. Shares of the pharmaceutical company Merck also rose 11.6% to $150.85, according to Forbes.ru.

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.

LATEST NEWS

spot_imgspot_imgspot_img