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Monthly Archives: February, 2019

Unibank announces significant cut on Express loan rate

Unibank said it has significantly improved the terms of the Express loan

Inecobank receives USD 15-million subordinated loan from Blue Orchard Microfinance Fund

Inecobank has received a USD 15-million subordinated loan from Blue Orchard Microfinance Fund international financial organization

Armeconombank’s $2.1 million USD-denominated bonds listed on Armenia Securities Exchange

Armeconombank's $2.1 million worth USD-denominated bonds were listed and included in the secondary list (Bbond) on the Armenia Securities Exchange (AMX)

Insurance companies collected 19.5 billion drams in insurance premiums in 2018, by 5.5% more than in 2017

According to the Armenian Bureau of Car Insurers, some 902,365 compulsory vehicle insurance contracts were concluded un 2018, up from 810,026 in 2017

IMF considering room for implementation of preventive financing program in Armenia

The International Monetary Fund has discussed with the Armenian government a preventive financing program

ACBA-CREDIT AGRICOLE BANK to offer 1.3 billion drams worth bonds through IPO

ACBA-CREDIT AGRICOLE BANK said today it will make an initial public offering on March 1 to place bonds to the tune of 1.3 billion drams

Armenian insurance companies collected 40 billion drams in 2018 as gross insurance premiums

Six Armenia-based insurance companies collected a total of 40 billion drams in 2018

IMF ready to discuss ways of supporting reforms in Armenia

Armenian Prime Minister Nikol Pashinyan received Monday Richard Doornbosch, Executive Director at International Monetary Fund

VTB Bank (Armenia) acted as general sponsor of my step for Lori marz investment forum

VTB Bank (Armenia) was the general sponsor of the My Step for Lori Marz investment forum in Vanadzor on February 23

Arka releases ‘Insurance Companies of Armenia’ bulletin for fourth quarter of 2018

ARKA news agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the fourth quarter of 2018

Net profits of Armenia’s insurance companies shrink 69% to AMD 215.4 million in 2018

The aggregate net profits of Armenia’s insurance companies has shrunk 69% to AMD 215.4 million in 2018 from AMD 699.5 million in 2017

Inecobank’s AMD- and USD-denominated bonds listed at Stock Exchange of Armenia

Inecobank’s AMD- and USD-denominated coupon bonds are included in Abond list at the Stock Exchange of Armenia