Mon, 16 June
23.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Acba bank opens 63rd branch at Garage Mall

YEREVAN, September 3. /ARKA/. The Acba bank has opened its 63rd branch in Garage Mall, located at 1, Mazmanyan Street in Yerevan. The new branch will offer the full range of Acba Bank’s services.
“To be closer and more accessible to our clients and partners, we continue developing the Acba Bank’s branch network. Garage Mall is the 19th branch of the bank in Yerevan and 63rd in the country. We strive to work according to the logic “only forward” and, as always, will make every effort to provide high-quality banking services to our clients,” said Acba bank CEO Hakob Andreasyan.
Acba Bank said until September 30 inclusive, special terms and conditions will apply for the following services at the Garage Mall branch:
• When opening a Classic Deposit for a period of 12-24 months in Armenian drams, the annual interest rate will be 9.5% (1% higher), if the deposit is in US dollars – the interest rate is 4.05% (0.3% higher). When opening a Family Deposit for a period of 10 months or more in Armenian drams, the annual interest rate will be 8.5% (1% higher), in the US dollars – 3.55% (0.3% higher).
• Visa Classic cards will be served free of charge during the first year,
• American Express Cashback cards will be served with a 50% discount during the first year,
•American Express Blue cards will be served with a 50% discount,
• Express Business loans in Armenian drams will be provided at the nominal interest rate of 10.5-12.2%.
• Visa Business and ArCa Business cards will be served free of charge for founders and heads of legal entities who sign an agreement on servicing payment cards at the Garage Mall branch and / or conclude an agreement on online servicing.
The Garage Mall branch will be open from Monday to Friday from 09:30 to 18:00 (settlement and cash services from 09:30 to 16:30). –0–

spot_img

POPULAR

Central Bank of Armenia considering introducing long-term mechanisms for insurance against fraud

The Central Bank of Armenia is considering the possibility of introducing mechanisms for insurance against fraud.

Central Bank leaves refinancing rate unchanged taking into account high uncertainty in US economic policy

The Central Bank of Armenia decided today to leave the refinancing rate unchanged at 6.75% taking into account a set of factors such as  the continued high uncertainty surrounding the US economic policy, declining confidence in the global economy, growth slowdown and  a possible  weakening demand in Armenia, the head of the regulator Martin Galstyan said at a press conference on Tuesday.

Technological Gaps and Lack of Open Banking Stalling Armenia’s Investment Market- Director of Sirius Capital

The technological underdevelopment of the stock exchange and the lack of open banking are hindering the development of the investment market in Armenia, says Ararat Mkrtchyan, executive director and managing member of the investment company Sirius Capital.

Investment opportunities in Armenia discussed by Finance Minister and new ADB President

YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.

ADB forecasts inflation in Armenia at 3% in 2025 and 2.8% in 2026

The Asian Development Bank (ADB) forecasts inflation in Armenia at 3% in 2025, said Don Lambert, Director of the Bank’s Resident Mission in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img