Sat, 1 February
-4.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img
type here...

Tag: FINANCES

VTB Bank (Armenia) finances Autotech LLC as part of documentary operations

Banks
VTB Bank (Armenia) and AUTOTECH company have been cooperating since 2019 in the framework of settlement and cash services. Since 2020, the bank has twice financed the company within the framework of trade finance operations acting as a guarantor of the company's contractual obligations before its counterparties

Asian Development Bank to provide $500 million assistance to Armenia in next five years

Economy
The Asian Development Bank (ADB) has approved a new country partnership strategy with Armenia which includes targeted support for infrastructure, urban development, and energy to underpin more resilient, inclusive and sustainable growth

Ratio of Armenia’s financial system’s assets to GDP in 2013 was 77.1, report

Economy
The ratio of Armenia’s financial system’s assets to GDP in 2013 was 77.1%, increasing by 8.5 percentage points from the previous year, according to the annual report of the Central Bank on the country’s financial system, development and supervision

Net transfer inflow to Armenia rose by 20% to 166.7bln drams in Q4

Banks
Net money transfer inflow to Armenia grew by 20% up to 166.7bln drams in Q4 of 2012, as compared to the same period of the year before, says the 2012 4th quarter bulletin of the country’s Central Bank

Some 202 billion drams remitted to Armenia in the first three quarters of this year

Banks
Some 202 billion drams were remitted to Armenia in the first three quarters of this year by individuals through international money transfer systems without opening bank accounts

Interest rates at Armenia’s financial market continue stabilizing in November

Economy
Interest rates at Armenia’s financial market continued stabilizing in November, the press office of the Central Bank of Armenia said today in its report presenting the results of the bank board’s meeting held on December 11

Seven insurance companies are among 1000 largest corporate tax payers

Insurance
Seven Armenian insurance companies were listed among 1000 largest corporate taxpayers in January-September 2012

Money supply in Armenia grows 2% to AMD 1157 billion in April

Economy
Money supply in Armenia amounted to more than AMD 1157 billion in late April

Aggregate liabilities of 21 armenian banks contract by 1 percent to 1,674.4 trillion drams

Banks
In the first quarter of 2012 the aggregate liabilities of 21 Armenia-based commercial banks

Deposits at armenian banks grow 40.6% to AMD 1011.2 billion

Banks
Deposits at Armenian banks totaled about AMD 1011.2 billion

IFC finances 18 projects in Armenia since 200, worth $87 million

Economy
The International Financial Corporation (IFC) has financed 18 projects in Armenia since 2000, worth $87 million, said today Arman Barkhudarian, an IFC advisor on investment issues.

ArmBanks.am - ARKA News Agency financial-banking portal
The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.

Sections

Latist news

ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

Subscribe to the newsletter

By subscribing to the newsletter, you agree to the service rules and the terms of storage and use of your data.

Subscribe to the newsletter

© 1996-2025 ARKA News Agency. All rights reserved