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Tag: bank @en

Finance minister on possible injection of bank deposits into financial market

Banks admin -
Armenian Minister of Finance Atom Janjughazyan commented today on the possibility of injecting individual bank deposits into the financial system in 2021, when asked by MP Sergey Bagratyan what was being done to turn the country's domestic resources into long-term investments

Pashinyan introduces new chairman to central bank’s staff

Banks admin -
On Monday, Armenian Prime Minister Nikol Pashinyan introduced the central bank’s new chairman Martin Galstyan to the central bank staff

Armenia’s bank assets built up 17% in 2019 – member of central bank’s board

Banks admin -
Assets of Armenia's banks has grown 17% in 2019 to AMD 5.28 trillion (USD 11.03 billion) from AMD 4.964 trillion (USD 10.3 billion) in 2018, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Monday in an interview with Civilnet

Foreign bank-issued cards were used in Armenia to make a total of 4.9 million transactions in 2019

Economy admin -
In 2019, foreign bank-issued cards were used in Armenia to make a total of 4.9 million transactions, Armenian Prime Minister Nikol Pashinyan said

Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million

Banks admin -
An officers at a bank in Artashat was arrested Tuesday on suspicion of embezzlement of AMD 122 million (around $256,300), the Armenian police department reports on its official website

ACBA-CREDIT AGRICOLE BANK and NABU organize training for about 250 people involved in organic agriculture

Banks admin -
The ACBA-CREDIT AGRICOLE BANK in cooperation with the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, organized a training for about 250 farmers, experts, heads of laboratories and business entities engaged in organic agriculture, to share new knowledge and skills, the Yerevan-based bank said in a news release today

Bank robbery attempt foiled in Yerevan

Banks admin -
A man with a sporting gun tried to rob a bank on the fringe of Yerevan on Monday at 17:30, the press office of the police department reports

Digital transformation in Armenia did not result in banks’ personnel cuts

Banks admin -
YEREVAN, April 9. /ARKA/. Digital transformation has not resulted in staff cuts in Armenia’s banking sector, the...

WB: some 48% of adult population of Armenia had bank accounts in 2018

Banks admin -
YEREVAN, April 5. /ARKA /. Economic growth in the Europe and Central Asia region slowed to 3.1% in...

New board chairman appointed at IDBank

Banks admin -
Mher Abrahamyan is appointed as chairman of the board of IDBank

Converse Bank completes placement of bonds in 23 currencies

Banks admin -
The Yerevan-based Converse Bank said it has successfully completed another placement of bonds denominated in three currencies- Armenian drams, US dollars and euros

ACBA-CREDIT AGRICOLE BANK launches new digitized Nor Avan branch in Yerevan

Banks admin -
The ACBA-CREDIT AGRICOLE BANK has launched today another, Nor Avan digitalized branch, located at 55/15, Tsarav Aghbyur Street in Yerevan

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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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