Wed, 9 April
11.1 C
Yerevan
USD: 391.01 RUB: 4.56 EUR: 427.33 GEL: 141.93 GBP: 498.85
spot_img

Armenian banks capable of serving their clients, Union of Banks says

YEREVAN, September 28. /ARKA/. Armenian banks are capable of providing the full range of services to their customers and the country’s economy under martial law, the Union of Banks of Armenia said in a statement.

It said all 17 Armenia-based commercial banks will continue their normal work throughout the period of marshal law and have the necessary capabilities to serve their clients.

“The banking system has sufficient capital and liquidity to serve the economy with the necessary financial resources,” the statement said.

On September 27, at 07:10, Azerbaijani troops launched a large-scale offensive along the entire length of the line of contact in Artsakh, using helicopters and artillery to shell peaceful settlements, but were driven back in several sections of the line of contact.

Last night, intense fighting continued against the Azerbaijani armed forces in the southern, southeastern and northern directions of the front line. The Artsakh Defense Army inflicted significant damage to the enemy’s manpower and military equipment, and managed to return several previously lost positions.

According to Armenian sources, the Azerbaijani side suffered losses in manpower (about 200 people killed) and equipment. More precisely, 33 tanks and infantry fighting vehicles, 4 helicopters, 27 UAVs, 2 engineering armored vehicles were destroyed.

According to the defense ministries of Armenia and Artsakh, during the repulse of the aggression, 31 Armenian servicemen were killed, over 200 people were wounded. -0-

spot_img

POPULAR

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

Concept of a private investment fund in Armenia discussed by Minister of Economy with Nubar Afeyan

The concept of creating a private investment fund in Armenia within the framework of effective public-private partnership was discussed by Armenian Minister of Economy Gevorg Papoyan and American businessman Nubar Afeyan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Banks and SMEs discuss prospects for cooperation (VIDEO)

The Union of Armenian Banks, in collaboration with the German-Armenian Fund, brought together representatives of the financial sector to conduct an important dialogue between banks and SMEs, summarize the past year, and plan for future work.

LATEST NEWS

spot_imgspot_imgspot_img