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Tag: offers

Unibank offers USD-denominated coupon bonds with high yield of 4.8%

Banks
Unibank said today it has issued US dollar–denominated bonds with high annual coupon yield of 4.8% to the tune of $5 million and 36 month circulation term. According to the bank, coupon income will be paid quarterly

Converse Bank displays several competitive offers at Armenia Expo

Banks
Converse Bank said today it is displaying a number of attractive products at Armenia EXPO, such as BRIDGE loans, export loans and pre-export finance, Converse Trade and government-subsidized agricultural loans

VTB Bank (Armenia) offers education loans on better terms

Banks
VTB Bank (Armenia) said today that education loans with better terms are now available not only for the payment of fees of students majoring at universities but also at paid private schools. Besides

UNIBANK offers swift transfers at 0.05%

Banks
UNIBANK offers SWIFT transfers at only 0.05% tariff, the bank’s press office reported on Thursday

VTB Bank (Armenia) offers mortgage loans up to 25 million drams at reduced rates

Banks
VTB Bank (Armenia) said its clients can now claim mortgage loans up to 25 million drams for buying or building/repairing homes at 11.5% and 12.5% interest rates respectively

ACBA-CREDIT AGRICOLE BANK offers green loans to SMEs to raise their energy efficiency

Banks
As part of a joint program ‘Energy Efficiency for SMEs’ implemented with the German KfW Bank, ACBA-CREDIT AGRICOLE BANK has unveiled a new loan product designed for small and medium-sized businesses to improve their energy efficiency

VTB Bank (Armenia) offers beneficial insurance products

Banks
VTB Bank (Armenia), as an agent of Armenia’s flagship insurance companies, offers beneficial insurance products, which can be acquired right in the bank, without visiting insurance companies’ offices

VTB Bank (Armenia) offers the possibility of paying for services of European Legal Services firm

Banks
A local law firm ‘European Legal Service’ has begun sales of certificates for a service called "Personal Lawyer", accepting payment for the service through VTB Bank (Armenia)

Unibank showcases its products and services at ‘Armenia Expo’ in Tehran

Banks
A delegation from the Yerevan-based Unibank is showcasing its products and services at "Armenia EXPO" exhibition that kicked off today in the Iranian capital Tehran, Unibank said in a press release

Araratbank offers instant money transfers via Unistream system

Banks
Armenia-based Araratbank said today it has joined the Unistream system of money remittances, which can be made also online by visiting its official website

Unibank offers lucrative terms for deposits in Armenian drams and US dollars

Banks
The Yerevan-based Unibank said today individuals and legal entities that prefer to keep their savings in Armenia’s national currency, the dram, or Russian rubles, may sign contracts for AMD/RUR deposits

VTB Bank (Armenia) offers loans not secured by property

Banks
VTB Bank (Armenia) has started providing loans not secured by property

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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.

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

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