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Daily Archives: Dec 17, 2018

ACBA-CREDIT AGRICOLE BANK launches ‘100 Days of Interest-Free Loans” campaign

Banks
ACBA-CREDIT AGRICOLE BANK has launched today a special campaign, called ‘100 Days of Interest-Free Loans,” designed for individual clients

Armenian banks bought $100.5 million from local forex market last week

Banks
Seventeen Armenia-based commercial banks bought about $100.5 million at the local intrabank foreign currency market from December 10 to December 14 at the weighted average exchange rate of 484.44 drams for $1, the Central Bank reported

VTB Bank (Armenia), jointly with Visa International Payment System, launches new campaign called #newyearshopping

Banks
Ahead of the New Year holidays, VTB Bank (Armenia), jointly with Visa International Payment System, has launched a new campaign called #newyearshopping

Central bank calls allegation about default expected in Armenia as certain media sources’ mere fiction

Economy
The Central Bank denies certain media sources’ allegations that Armenia’s national currency will drop soon and that the country will face default

Yeritsyan: Armenian financial system owes its stability amid political shocks to the central bank’s hard and long-term work

Banks
The Armenian financial system owes its stability amid political shocks to the central bank’s hard and long-term work, Nerses Yeritsyan, deputy chairman of the Central Bank of Armenia, said Friday at Fitch Ratings annual conference in Yerevan

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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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