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Tag: Araratbank

“SOS Children’s Villages” Foundation and AraratBank signed a cooperation agreement

Banks admin -
On December 8, the agreement was signed between Spartak Sargsyan, National Director of SOS-Children's Villages and Mher Ananyan, Chairman of the Executive Board of ARARATBANK OJSC within the framework of which the bank will finance the canteen of Day Care Centre of "Socioeconomic Integration of Syrian-Armenian Families in Yerevan" project for one year

Discover Sri Lanka with MasterCard

Banks admin -
AraratBank and MasterCard international payment system launch joint campaign between November 01 and December 25, 2021 followed by a great raffle

Global Finance names AraratBank the Best Sub-Custodian Bank in Armenia

Banks admin -
AraratBank has been named the Best Sub-Custodian Bank in Armenia by the professional team of Global Finance renowned magazine

AraratBank marks its 30th anniversary and the 1st anniversary of its rebranding

Banks admin -
On October 2, AraratBank celebrated its 30th anniversary and the 1st anniversary of its rebranding, opting for a team-building format

AraratBank and FMO unlock funding for underserved entrepreneurs

Banks admin -
FMO and AraratBank today announce the signing of a USD 10mln NASIRA loan portfolio guarantee. This innovative risk sharing program will make it easier for AraratBank to provide funding to youth, migrant, women and COVID-19 affected entrepreneurs, as losses on the loan portfolio will be carried by both parties

AraratBank wraps up the 2020 annual indicators

Banks admin -
AraratBank wraps up the 2020 fiscal year with the profit of 1.3 billion Armenian drams, which is a sufficient result in the conditions of the crisis driven by the COVID-19 pandemic and the war, the Bank said today in a press release

Symbiotics arranges a Sustainability Bond in Armenia with AraratBank for USD 14.5 million

Banks admin -
Symbiotics, the leading market access platform for impact investing, has arranged a USD 14.5 million Sustainability Bond for AraratBank. Proparco, the private sector financing arm of Agence Française de Développement Group (AFD Group), has made a USD 5 million subscription to this Sustainability Bond

USD 25 million Loan Agreement to reduce inequalities

Banks admin -
AraratBank and FMO, the Dutch entrepreneurial development bank — highlighting the financial inclusion — signed a loan agreement for a total amount of USD 25 million

AraratBank signs a € 3 million Loan Agreement with Incofin IM

Banks admin -
AraratBank has raised EUR 3 million from two funds advised by impact investor Incofin Investment Management: EUR 1, 5 million from Volksvermogen NV and EUR 1, 5 million from Incofin CVSO providing micro entrepreneurs an access to small loans

ARARATBANK honored with STP Quality Award 2020 by Raiffeisen Bank International

Banks admin -
For the eighth year running, AraratBank has been honored with STP Quality Award by Austria-based Raiffeisen Bank International AG

AraratBank launches a car acquisition campaign: Ladies first

Banks admin -
On the occasion of International Women’s Day, AraratBank comes up with an attractive special campaign Ladies first between March 8 and April 7, 2021 inclusive

AraratBank greets its bookworm-customers with books

Banks admin -
Today, on the occasion of the birthday of the greatest Armenian poet Hovhannes Tumanyan, which is marked also as the Book Donation Day, AraratBank presented books to its book-loving customers

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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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