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Daily Archives: Jun 13, 2018

Shortage of cash assets is the main reason behind high interest rates on loans, prime minister says

The key reason why Armenia-based banks provide loans at high interest rates is the shortage of cash assets, said Prime Minister Nikol Pashinyan in a live broadcast on his Facebook page

Another 24/7 self-service zone opened in VTB Bank (Armenia) head office

Another round-the-clock self-service zone is already available in the head office of VTB Bank (Armenia) in 35 Moskovyan Street, the bank’s press office reported on Wednesday

ADB ready to continue implementing programs in Armenia

The Asian Development Bank is ready to continue implementing development programs in Armenia, Takehiko Nakao, President of the Asian Development Bank (ADB), said Tuesday as he met with Armenian President Armen Sarkissian, the Armenian president’s press office reports