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Tag: merge

Araratbank’s shareholding structure to remain unchanged after merger with the Armenian Development Bank

Banks
Araratbank’s shareholding structure will not change after the bank merge with the Armenian Development Bank, Ashot Osipayn, Araratbank executive director, told journalists on Wednesday

Armenian central bank approves merger of Armenian Development Bank and Araratbank

Banks
The Central Bank of Armenia has approved a merger agreement concluded by the Armenian Development Bank and Araratbank. The Central Bank registered the agreement on 15th of December

Armenian Development Bank merges with Araratbank

Banks
Armenian Development Bank’s shareholders decided Friday at their meeting to merge their bank with Araratbank handing its rights and liabilities over to the latter

Armenian regulator gives its preliminary approval to Ardshinbank’s merger with Areximbank-Gazprombank Group

Banks
On November 22, 2016, the Central Bank of Armenia gave its preliminary approval to Ardshinbank’s merger with Areximbank-Gazprombank Group, the two banks reported Friday in their joint press release

Central bank confirms merger agreement between BTA bank and Armeconombank

Banks
On May 6 Armenia's Central Bank confirmed the merger agreement between BTA Bank and Armeconombank, Armeconombank said today

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Euro exchange rate plummets by 5.57 points to AMD 406.68

The average market exchange rate of the U.S. dollar to the Armenian dram on February 3, 2025, totaled 396.99 drams, down 0.36 points compared to January 31.

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.

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