Unibank transfers 10 million drams to support the ministry of health of Armenia to combat coronavirus

YEREVAN, March 19. /ARKA/. Unibank said it has transferred 10 million drams to support the efforts of the Ministry of Health of Armenia to combat the coronavirus infection.

Health Minister Arsen Torosyan stated that the the raised funds will be spent on encouragement of health workers, the acquisition of medical supplies and equipment, as well as improving the living conditions in medical facilities.

Unibank is the first bank in Armenia to have placed shares through an initial public offer (IPO) and list on the stock exchange. In July 2019, the Moody’s Investors Service approved the Unibank rating at B2; the outlook is stable.

As of March 19, 122 cases of coronavirus infection were registered in Armenia. The majority of those infected (including one student) are residents of Echmiadzin, as well as people who were in contact with an infected person at a factory in Yerevan.

The first case of coronavirus infection in Armenia was confirmed on March 1. That patient has already recovered and was discharged from the hospital. Among those infected are Armenian citizens from Iran and Italy (residents of Yerevan, Echmiadzin, Meghri and Charentsavan), and people whio contacted with them, as well as one Italian citizen and a visitor from France. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank

Валют, на армбанкс евро, доллара и рубля к армянскому драму...

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

Armenian banks’ capital amounted to nearly 2.23 trillion drams at the end of June, representing a 13.63% increase year-on-year

The total capital of Armenian banks as of June 30, 2026, amounted to 2 trillion 226.85 billion drams, an increase of 13.63% compared to June 30, 2025, and a decrease of 3.13% compared to March 31, 2026.

LATEST NEWS

spot_imgspot_imgspot_img