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Daily Archives: Oct 28, 2022

Modern agriculture is impossible without innovation

The Festival of Rural Life and Traditions has been held in Armenia for the ninth time. This year, the ACBA Federation is one of the sponsors of the festival, the press service of the Acba Bank reported

Top ten banks in Armenia by size of assets in quarter 3, 2022

The assets of 17 Armenia-based commercial banks exceeded 7.7 trillion drams as of September 30, 2022, having increased by 9.37% compared to the beginning of the year.

Armenia’s Central Bank’s Board sets countercyclical capital buffer of banks at 1% of risk-weighted assets

Armenia’s Central Bank’s Board decided to set the countercyclical capital buffer of banks at 1% of risk-weighted assets

Armenia to provide Nagorno-Karabakh with 20 billion dram loan

The Armenian government approved Thursday a decision to provide Nagorno-Karabakh with another 20 billion drams worth loan. The loan, provided at 0.01% interest rate is to be repaid until January 1, 2026