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Monthly Archives: May, 2019

EDB’S loan portfolio increases to us $3.44 billion

The annual meeting of the Eurasian Development Bank’s (EDB) Council took place in Nur-Sultan alongside the meeting of the EAEU heads of state, the bank said in a news release

Central bank issues commemorative coins dedicated to painter Makhokhyan

Armenia’s Central Bank has issued commemorative silver coins "Vardan Makhokhyan-150". The bank said it has issued 500 coins with the face value of 100 drams

Georgian citizen of Armenian origin charged with armed robbery against Armenian bank employee

A 33-year-old Georgian citizen of Armenian origin is charged by Armenia’s; aw-enforcement authorities with armed robbery against an employee of VTB Bank (Armenia) in Yerevan

Armenia to reduce bankruptcy costs and duration

The government of Armenia looked today into a set of proposed amendments to the Law on Bankruptcy, adopted back in 2006, which call for reducing the costs and duration of the bankruptcy process

Fitch affirms Armenia at ‘B+’; outlook positive

Fitch Ratings has affirmed Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Positive Outlook

Armenian credit organizations earn 20.4 billion drams in net profit

Out of 38 credit organizations operating in Armenia, 31 were profitable in the first quarter of 2019

Basic indicators of financial stability of Armenia showed positive trend in 2019 march

In March 2019 the basic indicators of financial stability of Armenia showed a positive trend, according to data, published on the official website of the Central Bank

Arka news agency releases bulletin “Credit Organizations of Armenia” for first quarter of 2019

ARKA news agency has released its economic and financial bulletin “Credit Organizations of Armenia” for the first quarter of 2019. The bulletin is compiled based on officially published financial reports of credit organizations (CO)

Amundi-ACBA Asset Management celebrates fifth anniversary of activities (VIDEO)

Amundi-ACBA Asset Management marked the fifth anniversary of its activities, the press service of ACBA-CREDIT AGRICOLE BANK reported on May 23

Karen Yeghiazaryan appointed as new chairman of Evocabank. Board

Karen Yeghiazaryan was appointed as new chairman of Evocabank Board, the bank said today in a press release. It said before this appointment he served as deputy chairman of the Board

ACBA-CREDIT AGRICOLE BANK assists in publishing Charles Aznavour’s book

With financial assistance from ACBA-CREDIT AGRICOLE BANK, the Newmag publisher has translated and published in Armenian Clinging to Life, a book by the famous French singer of Armenian origin Charles Aznavour. According to the bank, this is the ninth book by Aznavour, which he wrote in 2017

Some 8.2% of users in Armenia were subjected to phishing attacks, according to Kaspersky lab

In the first quarter of 2019, some 8.2% of users in Armenia were subjected to phishing attacks, according to a study by Kaspersky Lab experts. They said, the percentage of users in neighboring Azerbaijan was the same, while in Georgia it was 14.76%