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Armenian Card warns of scammers who work through social networks

YEREVAN, January 30. /ARKA/. Armenian Card (Arca) national payment system has warned card holders of the increasing number of fraudulent pages on social networks, with ArCa in the title.

“These links suggest filling in card details (number, validity period, CVV and PIN codes) for receiving money. In case of receiving such links, remain as vigilant as possible, verify the veracity of the page. Never give your card details or one-time codes received via SMS to unknown websites or pages of unknown origin to third parties,” ArCa warned. –0–

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Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

Development of Armenia’s capital market is hampered by lack of qualified financial intermediaries, investment banks and brokers – AMX CEO

In an exclusive interview with ARKA news agency CEO of Armenian Securities Exchange (AMX) Hayk Yeganyan spoke about the strategy of the exchange, prospects of the securities market development, as well as the obstacles on this path

Armenia’s financial market is successful, banking system strong – expert

Armenia's financial market in terms of banks is quite successful, Armen Hovhannisyan, head of investment banking at Dimension Investments, believes.

Armenia wants to extend tax holidays on income from shares

The Armenian Parliament approved, in the first reading, a draft amendment to the Tax Code, which extends tax holidays on income derived from shares of private companies for three years.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

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