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Tag: INCREASE

October card transactions see 15.3% increase in Armenia

Economy admin -
Total volume of all card transactions in Armenia amounted to about 124.7 billion drams in October, an increase of 15.3% compared to the month before, says the Central Bank of Armenia monthly information bulletin for October

Loan portfolio of VTB Bank (Armenia) increased by 41.8% last year to 122.7 billion drams

Banks admin -
The loan portfolio of Russian-owned VTB Bank (Armenia) in 2011 surged by 41.8% to 122.7 billion drams, the Bank told ARKA today

Deposits in may 2011 increase by 1.4% from april to 757.4 billion drams.

Banks admin -
Deposits in may 2011 increase by 1.4% from april to 757.4 billion drams.

Recent increase of minimal benchmark for insurers’ capital to force them to merge

Insurance admin -
Recent increase of minimal benchmark for insurers’ capital to force them to merge

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Unibank opens new branch in Malatya-Sebastia district of Yerevan

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Unibank's branch ‘Zoravar Andranik’ has started servicing clients, the bank's press service reported.

Euro depreciates by 0.86 points to AMD 409.45

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The average market exchange rate of the US dollar to the Armenian dram on January 16, 2025, amounted to 398.1 drams, having increased by 0.01 points compared to January 15.

Armenia extends program of subsidizing interest rates on loans for grape purchase by six months

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Today, the Armenian government extended by six months the state program of subsidizing interest rates on loans issued to farms for the purchase of grapes.

“Shoonch”: high-quality water and freshness in every drop

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The production of the Armenian water brand "Shoonch" began about two years ago. In developing the brand name and bottle design, the founders of Shoonch studied global market trends, creating a product that is poised to establish its presence in the international market.

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