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Tag: Ardshinbank

Eurasian Development Bank provides Ardshinbank with USD 20 million to support SMEs

Banks admin -
The Eurasian Development Bank (EDB) has granted Ardshinbank a credit line in the amount of USD 20 million for a period of 3 years to provide financial support to the country’s small and medium-sized businesses. A relevant agreement was signed on September 7, 2021 by EDB Management Board Chairman Nikolay Podguzov, and Ardshinbank Management Board Chairman Artak Ananyan

Fitch Affirms Ardshinbank at ‘B+’, Outlook Negative

Banks admin -
Fitch Ratings has affirmed Armenia's Ardshinbank CJSC's (Ardshin) Long-Term Issuer Default Rating (IDR) at 'B+' with a Negative Outlook

Ardshinbank is recognized as the Safest Bank in Armenia in 2020

Banks admin -
As part of the annual survey to compile the Rating of the safest banks in the world, the famous American magazine "Global Finance" for the fourth time recognized Ardshinbank as "The Safest Bank in Armenia for 2020''

Fitch affirms ratings of ACBA-CREDIT AGRICOLE BANK and Ardshinbank at ‘B +’, revises outlooks to Negative from Stable

Banks admin -
Fitch Ratings has revised the Outlooks on ACBA-CREDIT AGRICOLE CJSC's (ACBA) and Ardshinbank CJSC's (Ardshin) Long-Term Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the IDRs at 'B+', according to the agency’s press release

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

Fitch affirms ACBA-CREDIT AGRICOLE and Ardshinbank at ‘B+’; outlook stable fitch ratings-Moscow-18 March 2020:

Banks admin -
Fitch Ratings has affirmed ACBA-Credit Agricole Bank CJSC's (ACBA) and Ardshinbank CJSC's (Ardshin) Long-Term Foreign-Currency Issuer Default Ratings (IDRs) at 'B+' with Stable Outlooks

Ardshinbank successfully issued 5-year USD 300 million Eurobonds

Capital market admin -
Ardshinbank said it has successfully priced its new RegS / 144A US$300mm 5-year eurobonds rated Ba3 by Moody’s and B+ by Fitch

Fitch assigns ‘B+’/ ‘RR4’ to Eurobonds of Armenia’s Ardshinbank

Capital market admin -
Fitch Ratings has assigned 'B+'/ 'RR4' to the Eurobonds of Armenia's Ardshinbank, issued in the largest-ever for Armenia amount - USD300 million, at the lowest rate - 6.5% and the maturity term in 2025

Ardshinbank issues Eurobonds totaling $300 million

Banks admin -
Ardshinbank has issued Eurobons in unprecedented amount - USD 300 million at the lowest ever interest rate - 6.5%, Armenian Prime Minister Nikol Pashinyan reported Thursday on his Facebook page

IBEC provides of €3.5 million to Ardshinbank as pre-export financing

Banks admin -
For the first time, Ardshinbank has implemented a trade finance deal with the International Bank for Economic Cooperation (IBEC) under the General Financing Agreement signed in September 2019, the press office of Ardshinbank reported on Friday

Ardshinbank appoints Artak Ananyan as chairman of its board

Banks admin -
On August 10, based on the decision of the Board of Directors of Ardshinbank, Artak Kliment Ananyan was appointed as the Chairman of the Management Board of Ardshinbank

Moody’s changes outlook on Ardshinbank’s ratings to positive from stable

Banks admin -
Moody's Investors Service has affirmed Armenian Ardshinbank's local currency deposit rating of B1, foreign-currency senior unsecured debt rating of B1

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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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