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Tag: Pan-Armenian bank

Pan-Armenian Bank transformed into investment fund

Banks admin -
The Yerevan-based Pan-Armenian Bank has been transformed into an investment fund, the press service of the Armenian Central Bank reported today

Pan-Armenian bank may be reorganized into Pan-Armenian fund

Banks admin -
The Pan-Armenian Bank may be reorganized into Pan-Armenian Fund, head of the Central Bank's Financial Stability and Development Department Andranik Grigoryan told journalists on Wednesday

One person to combine positions of Pan-Armenian Bank chief executive officer and board chairman

Banks admin -
One person to combine positions of Pan-Armenian Bank chief executive officer and board chairman.

Former Armenian prime minister says Pan-Armenian Bank should be reorganized into investment bank

Banks admin -
Former Armenian prime minister says Pan-Armenian Bank should be reorganized into investment bank

Appointment of head of Pan-Armenian bank a matter of days: CB governor

Banks admin -
Governor of Armenia’s Central Bank Arthur Javadian said today the appointment of head of the Pan-Armenian Bank was a matter of days.

Pan-Armenian bank may start operation next year

Banks admin -
Armenian prime minister Tigran Sarkisian said Saturday he hopes the Pan-Armenian Bank Would start operating next year.

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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