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Monthly Archives: March, 2023

Euromoney names Unibank Privé the best private bank in Armenia 

Unibank’s private banking — Unibank Privé —  is recognized as the best in Armenia in the Euromoney Global Private Banking Awards 2023

Armenia to switch to liberalized mandatory insurance of vehicles

From April 1, 2023, Armenia will switch to a system of liberalized mandatory insurance of vehicles against physical damage caused to other cars and individuals, Central Bank Governor Martin Galstyan said at a government meeting on Thursday

Unibank will take part in “TOON EXPO 2023” international exhibition 

Unibank will participate in “TOON EXPO 2023”, the largest international real estate and development exhibition, which will take place in Karen Demirchyan Sports and Concerts Complex from March 31 to April 2, 2023

Converse Bank’s bonds have been listed on Armenian Securities Exchange

Converse Bank completed the allocation of bonds ahead of schedule and has already listed its AMD and USD denominated bonds with the volume of 3 billion and 10 million respectively

Armenian business progress impossible without development of joint-stock companies- Edgar Zaqaryan

 Business progress is impossible in Armenia without joint-stock companies, but there are obstacles to their emergence, says Director and founder of Zaqaryan Construction and Hez&Nez companies Edgar Zaqaryan in Arka Business program on ARKA news agency's Youtube channel.

Become member of Acba Business Club (video)

Acba Bank is bringing its longstanding relations with its partners to a new level by launching the Acba Business Club, a platform, designed to help develop entrepreneurship in Armenia, create business links and expand opportunities for cooperation

World Bank approves $100 Million Loan for Armenia to promote green, resilient and inclusive development

The World Bank’s Board approved last week a new EUR 92.3 million (US$100 million equivalent) loan for the Armenia Green, Resilient and Inclusive Development Policy Operation (DPO)

Forbes tells how banks in Armenia became part of relocated Russian nationals’ life

The Central Bank of Armenia told the Russian edition of Forbes magazine that non-resident individuals opened some 97,000 accounts in the country's banks in 2022, up from about 10,000 such accounts at the beginning of the past year

President of Armenia and AMX Supervisory Board members discussed capital market development

Armenian President Vahagn Khachaturyan received today Director General of the Armenian Securities Exchange (AMX) Hayk Yeganyan and members of the Supervisory Board Zdzislaw Sokal, Pomas Stis, Michael Wolter and Mateusz Zaistovsky

Residents in Armenia will be able to take mortgage loans only in AMD

The Armenian National Assembly has passed today in the second and final reading a set of amendments to the law "On Currency Regulation and Currency Supervision". The amendments were backed by sixty-eight MPs, while 31 voted against

AMX launches new trading system in market – AMXTrader

On March 20, AMXTrader, a new trading system has been successfully launched by Armenia Securities Exchange (AMX)

Ria Money Transfer once again named AraratBank Partner of the Year 2022.

The award has been granted based on the volume and number of transactions, quality of service, compliance with MLTF requirements, and efficiency of joint campaigns