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Tag: pensions

VTB Bank Armenia clients can withdraw their pensions without commission

Banks
According to a decision of the Armenian government, starting from January 1, 2022 pensions will be paid only in cashless form. The decision applies to all seniors under the age of 75 and those who are not granted 1st or 2nd category disability

Average annual profit rate of three pensions funds managed by Amundi- ACBA Asset Management is 8-9 percent (video)

Banks
On September 30, 2021, the volume of assets managed by Amundi-ACBA Asset Management reached 220 billion drams, having increased by more than 7 billion drams in the third quarter alone, the press service of Acba bank reported today

VTB Bank (Armenia) clients to receive their pensions before second working day of month

Banks
YEREVAN, September 14. /ARKA/. As a leading bank in Armenia in terms of payment of pensions and other government-funded...

Armenia’s Central Bank refutes allegations about pensioners’ failure to get their pensions in early January

Banks
The Central Bank of Armenia said the rumors than pensioners failed to get their pensions as banks were closed on January 3 and 4, are not true, CBA’s press office reported

Failure to apply funded pension scheme may reduce Armenia rating – Saroyan

Economy
Failure to introduce the funded pension scheme in Armenia may reduce the country’s rating, general director of NASDAQ OMX Armenia Konstantin Saroyan said in his interview to civilnet.am

Bank VTB (Armenia) has paid old-age and retirement pensions to 7,444 senior Armenian citizens

Banks
Bank VTB (Armenia) has paid old-age and retirement pensions to 7,444 senior Armenian citizens.

“Bank Anelik” provides opportunity for getting pensions in all its branches

Banks
“Bank Anelik” provides opportunity for getting pensions in all its branches.

Armenia’s state pension service signs pension payment agreements with 13 banks

Economy
Armenia’s State Pension Service, a unit of Labor and Social Security Ministry, said it has signed agreements with 13 local commercial banks which will pay pensions to retirees.

Armbusinessbank signs contract with labor and social security ministry to pay pensions

Banks
Armenian Armbusinessbank said today it has concluded an agreement with the ministry of labor and social security on payment of old-age and retirement pensions.

Converse Bank to start paying pensions by non-cash transactions

Banks
Converse Bank to start paying pensions by non-cash transactions.

VTB Bank (Armenia) to pay pensions by plastic cards

Banks
VTB Bank (Armenia) to pay pensions by plastic cards.

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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.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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