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Tag: lending program

VTB Bank (Armenia) and SIL Insurance launch joint mortgage lending program

Banks
As part of cooperation with SIL Insurance company VTB Bank (Armenia) said today it will be providing mortgage loans with low down payment for young people involved in the government-backed Housing for Young Families program

Anelik Bank announces new lending program for farmers

Banks
Armenia-based Anelik Bank has announced today a new lending tool designed specifically for farmers as part of two credit programs - "Rural Financial Structure" and "Millennium Challenges."

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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