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Tag: AGREEMENT

EBRD and Amundi ACBA Asset Management sign derivatives master agreement

Banks admin -
The European Bank for Reconstruction and Development (EBRD) and Amundi-ACBA Asset Management  are joining forces to facilitate access to local currency funding and strengthen the local capital market in Armenia

AraratBank signs a 5 mln USD bilateral agreement

Banks admin -
AraratBank and BlueOrchard Covid-19 Emerging and Frontier Markets MSME Support Fund concluded a bilateral loan agreement for a total amount of USD 5 million to support MSMEs affected by COVID-19 in Armenia, the bank's press service said in a press release today

Armenia Securities Exchange (AMX) and Cbonds sign cooperation agreement

Capital market admin -
The Armenia Securities Exchange (AMX) and the Cbonds agency have signed a cooperation agreement which enables AMX to place quotes and detailed information on the securities and bonds traded currently on its platform, also on the Premium Cbonds website

Armenia set to join EEU agreement on exchange of confidential information in the field of finance

Economy admin -
Armenia's National Assembly has discussed today the ratification of the protocol on accession to the Agreement of December 23, 2014 on the exchange of information in the financial sector, including confidential information, to create conditions for ensuring the free movement of capital in financial markets of the Eurasian Economic Union (EEU) member states

Asian Development Bank and Armeconombank sign $15 million loan agreement to support women-led enterprises

Banks admin -
The Asian Development Bank (ADB) and the Armenian Armeconombank OJSC signed a $15 million loan agreement to increase lending to micro, small and medium-sized businesses owned by women in Armenia, especially in regions outside Yerevan

IMF to consider initiative on increase IMF financial support for Armenia under stand-by agreement to $280 million

Interviews admin -
An International Monetary Fund (IMF) team led by Nathan Porter conducted discussions on the second review of Armenia’s reform program supported by the IMF Stand-By Arrangement (SBA) during March 12-April 8, 2020. At the conclusion of the mission, Mr. Porter issued the following statement:

Ardshinbank and the Black Sea Trade and Development Bank have signed a USD 20 million loan agreement

Banks admin -
Ardshinbank has received the fifth facility from the Black Sea Trade and Development Bank (BSTDB) in the amount of USD 20 million to support small and medium-sized enterprises (SMEs) in Armenia

BSTDB signs $10-million loan agreement with Armeconombank

Banks admin -
The Black Sea Trade & Development Bank has signed a USD 10-million loan agreement with Armeconombank

EEC to prepare draft agreement on mutual recognition of bank guarantees

Economy admin -
The Eurasian Economic Commission (EEC), the executive body of the Russia-led Eurasian Economic Union (EEU) will have prepared a draft agreement on the mutual recognition of bank guarantees for public procurement before July 1, 2020, the Eurasian Development Bank (EDB) reported

European Investment Bank and Armenian Central Bank sign 50 million euro loan agreement

Banks admin -
The European Investment Bank (EIB) and the Armenian Central Bank signed a 50 million euro agreement October 22 for financing small and medium businesses, the Central Bank said

Russian and Armenian central banks sign agreement on countering cyberattacks

Banks admin -
The central banks of Armenia and Russia signed an agreement on countering cyberattacks at the 17th meeting of the Monetary Policy Council of National Banks of the Eurasian Economic Union, hosted by Armenia’s Central Bank

Eurasian development bank and Armenian Araratbank sign $6 million loan agreement

Banks admin -
The Yerevan-based Araratbank and the Eurasian Development Bank (EDB) signed a $6 million loan agreement today. The loan will be on-lent as micro loans to small and medium-sized businesses in Armenia

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Central Bank of Armenia warns about fraudulent surveys and urges not to share banking data

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The Central Bank of Armenia does not conduct any surveys regarding citizens' banking data, the regulator said today.

Euro up 3.8 drams, US dollar down 0.1 points

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The average market exchange rate of the US dollar to the Armenian dram as of January 22, 2024, was 398.74 drams, down 0.1 points compared to January 21.

Armenia to get $40 million loan from  IBRD for substation reconstruction

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The National Assembly of Armenia has ratified today a $40 million loan agreement between the government and the International Bank for Reconstruction and Development (IBRD, a World Bank division).

US dollar, euro and ruble rise in Armenia for the second day in a row

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The average market exchange rate of the US dollar to the Armenian dram as of January 21, 2024, amounted to 398.84 drams, increasing by 0.2 points compared to January 20.

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