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Tag: spread

Some 691 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

Economy
Some 691.5 million drams (almost $1.4 million) have been raised so far to support the Armenian government's efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

HSBC Bank Armenia grants some preferences to clients due to situation around spread of coronavirus

Banks
Taking into account the fact that due to the situation around the spread of coronavirus /COVID-19/, some customers of "HSBC Bank Armenia" CJSC may face problems in meeting the loan obligations stipulated in their agreements, as well as with the purpose of assisting its customers in overcoming their financial difficulties, the Bank provides some preferences to clients

Some 100 million drams have been raised to support Armenian government’s efforts to contain the spread of coronavirus

Economy
Some 100 million drams (almost $225 thousand) have been raised so far to support the Armenian government's efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

Decline in interest rate spread to slow down in Armenia – central bank

Banks
The reduction in loan and deposit interest rate spread will slow down, said Andranik Grigoryan, the head of financial system stability and development at the Central Bank of Armenia (CBA)

Interest spread of Armenian banks in April 2013 dropped by 1.7 percentage point to 5%

Banks
The interest spread of Armenian banks in April 2013 dropped by 1.7 percentage point from a year earlier to 5%, the Central Bank of Armenia

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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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