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Daily Archives: Nov 29, 2017

Converse Bank has completed the placement of the second tranche of its dollar bonds

The Yerevan-based Converse Bank said its second tranche of $4 million dollar bond issuance has been allocated before the deadline

Ameriabank: rates on deposits in Armenian drams need to be lowered

The rates on bank deposits in the Armenian national currency, the dram, are relatively high and need to be lowered, Ameriabank’s retail operations director Arman Barseghyan, told an online press conference

Ameriabank: overall lowering of interest rates creates new opportunities for development of corporate bond

The overall lowering of interest rates on bank loans and deposits has brought about new opportunities for the development of Armenia’s corporate bonds, Ameriabank’s director for retail operations Arman Barseghyan told an online press conference