AraratBank: From a Future Student to a Leader

 Friday, May 16 2025 17:46:02
AraratBank: From a Future Student to a Leader

ArmInfo.  On May 16, the Students and Youth Day is celebrated in Armenia. Young people, who will soon join the ranks of Armenian students, found support in their career journeys not only from their families and schools, but also from financial and non-governmental institutions.

Event Ticketing Platform Eventhub is now Available in MyAmeria App
 Friday, May 16 2025 17:13

ArmInfo. Eventhub platform is already available in MyAmeria mobile application of Ameriabank, which makes the process of buying event tickets even faster, simpler, and more convenient. The platform offers seamless solutions for seat selection, ticket sales, and verification. Integration of Eventhub into MyAmeria app was achieved in cooperation with Dinno, a subsidiary of Ameriabank.

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RA Finance Minister of Finance meets with EBRD  President  in London
 Friday, May 16 2025 15:24

ArmInfo.  As part of a working visit to London, a delegation led by the Minister of Finance of the Republic of Armenia, Vahe Hovhannisyan, met with the President of the European Bank for Reconstruction and Development (EBRD) Odile  Renaud-Basso.  As reported by the press service of the Ministry of Finance, the Armenian delegation included the Mayor of Yerevan, Tigran Avinyan, and the Minister of Territorial Administration and Infrastructure, David Khudatyan.

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25% idcoin when buying tickets from all airlines. IDBank
 Friday, May 16 2025 14:09

ArmInfoIDBank’s new travel campaign is another summer gift for travel enthusiasts. A new unforgettable, bright, and sunny summer is beginning, and we love sharing all those memories with our customers—adding one more joyful moment to the long-awaited travel rush.

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The majority of transfers to Armenia come from Russia, and flow out  to Switzerland, the UAE and the USA
 Thursday, May 15 2025 22:38

ArmInfo. In Q1 2025, the net inflow of private transfers to Armenia decreased by 48.4% per annum  (compared to a decline of 49.6% the previous year), totaling $143.6 million. Specifically, the inflow increased by 4.7% to $1.3 billion, while the outflow rose by 20.5% to $1.1 billion, according to data from the Central Bank of the Republic of Armenia.

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Converse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projects
 Thursday, May 15 2025 17:29

ArmInfo.  Converse Bank and the European Bank for Reconstruction and Development (EBRD) signed two loan agreements totaling US$ 8 million during the EBRD’s Annual Meeting in London.

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Armenia Featured in Wizz Air’s Special Magazine Edition
 Thursday, May 15 2025 14:04

ArmInfoIf you travel often, you may have noticed a special feature about Armenia in the April–May issue of the official magazine of the popular European airline, Wizz Air. Thousands of travelers heading to various destinations across Europe had the chance to discover Armenia’s unique culture, history, traditions, and nature through the pages of this issue.

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Inecobank to receive $15mln under EBRD `green agenda` 
 Thursday, May 15 2025 11:58

ArmInfo. Inecobank will receive $15 million under  the EBRD Green Economy Financing Facility. The loan will be used to support small businesses and corporate clients in investing in green  technologies.

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Evocabank to receive EUR 19.4 million financial package from EBRD to  support MSMEs and large enterprises in Armenia
 Wednesday, May 14 2025 20:56

ArmInfo.Evocabank will receive a EUR 19.4 million financial package from the European Bank for  Development and Reconstruction (EBRD) to support local MSMEs and large enterprises.

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EBRD expands cooperation with Ameriabank - EUR 50 million Risk Sharing  Framework agreement signed
 Wednesday, May 14 2025 19:59

ArmInfo.The European Bank for Reconstruction and Development (EBRD) is expanding its cooperation  with Ameriabank - a EUR 50 million Risk Sharing Framework agreement was signed. As noted in the EBRD press release, this Risk Sharing Framework (RSF) agreement was signed in London by Francis Malige, the   EBRD's Managing Director for Financial Institutions, and Hovhannes Toroyan, Ameriabank's CFO, on the sidelines of the EBRD's 2025 Annual Meeting and Business Forum 2025.

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One of the most common fraud schemes is phone calls: how to protect yourself
 Tuesday, May 13 2025 17:33

ArmInfo. Unfortunately, fraudsters are constantly evolving their schemes, coming up with increasingly “ingenious” ways to obtain people’s e-wallet passwords and card details. One of the most common methods today is phone fraud.

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Victims of financial fraud gather in front of Armenian CB, demand  return of stolen money 
 Tuesday, May 13 2025 14:36

ArmInfo.  On May 13, victims of financial fraudsters once again gathered at the building of the Central Bank of Armenia, demanding from the management of the main bank a decision on the cancellation of credit obligations and the  restoration of stolen funds.

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Hooverphonic`s Yerevan debut, sponsored by AraratBank, for the Philharmonic Orchestra`s 100th Anniversary
 Monday, May 12 2025 17:29

ArmInfo. On May 7, an extraordinary concert featuring the world-renowned Belgian group Hooverphonic and the Armenian National Philharmonic Orchestra took place at the Aram Khachaturian Concert Hall under the sponsorship of AraratBank. The event was held in partnership with the Embassy of the Kingdom of Belgium in Armenia as part of the Philharmonic Orchestra's centennial celebration.

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Ameriabank passes second stage service quality improvement programme  - Aneta Korobkina
 Monday, May 12 2025 11:15

ArmInfo.  The second stage of the service quality improvement program was held at Ameriabank, where the invited trainer was Aneta Korobkina, a certified emotional intelligence coach (MSCEIT, USA) and a certified service master trainer (Service Quality Institute, USA).

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USD transactions down, RUB ones up in Armenia`s interbank foreign exchange market, May 5 to 8, 2025 
 Saturday, May 10 2025 11:34

ArmInfo.  May 5 to 8, 2025, in Armenia's interbank foreign exchange market, USD transactions showed a decline, while RUB ones showed a growth, with no EUR transactions  effected for two months. RUB transactions showed a 64.3% growth against a 22.2% decline the previous week USD transactions showed a 38.2% decline.. The total amount of RUB transactions exceeded that of USD transactions 1.3-fold, whereas the total volume of USD transactions exceeded that of RUB ones 2- fold. 

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“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More
 Thursday, May 8 2025 13:26

ArmInfo.  Ameriabank is launching the project “My Ameria, My Family”, the logical continuation of the project “My Ameria, My Armenia” implemented at the end of last year.   

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Converse Bank Joins the Asian Development Bank`s Green Finance Commitment
 Wednesday, May 7 2025 17:39

ArmInfo. 7 May, Yerevan- Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

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Central Bank Governor: Only 0.1% of loans are related to banking  fraud and cyberattacks
 Tuesday, May 6 2025 18:09

ArmInfo. In the Armenian banking system's total loan portfolio, loans related to banking fraud and  cyberattacks make up only 0.1%. This was stated by the Chairman of the Central Bank of the Republic of Armenia, Martin Galstyan, during a press conference on May 6, while addressing the growing incidence  of banking fraud in some banks in the country. 

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Culture, humanity and responsibility: Araratbank supports  Belgian  band HOOVERPHONIC`s  concerts in Armenia
 Tuesday, May 6 2025 17:37

ArmInfo. The world-famous Belgian pop and rock band HOOVERPHONIC will perform in Armenia for the first  time. Two stunning concerts will be held in the Armenian capital on May 7 and 8 at the Aram Khachaturian Concert Hall.

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Armenia`s CB leaves refinancing rate unchanged 6.75%
 Tuesday, May 6 2025 13:26

ArmInfo. The Central Bank of Armenia once again considered it appropriate to keep the refinancing rate at 6.75%. This decision was made on May 6 at a meeting of the Board of  the Central Bank of Armenia.

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News
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Vahe Hovhannisyan meets with  EIB Vice President, Egypt`s Minister of  International Cooperation, and representatives from JP Morgan and  Bank of America in LondonVahe Hovhannisyan meets with  EIB Vice President, Egypt`s Minister of  International Cooperation, and representatives from JP Morgan and  Bank of America in London
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AraratBank: From a Future Student to a LeaderAraratBank: From a Future Student to a Leader
Event Ticketing Platform Eventhub is now Available in MyAmeria AppEvent Ticketing Platform Eventhub is now Available in MyAmeria App
RA Finance Minister of Finance meets with EBRD  President  in LondonRA Finance Minister of Finance meets with EBRD  President  in London
25% idcoin when buying tickets from all airlines. IDBank25% idcoin when buying tickets from all airlines. IDBank
The majority of transfers to Armenia come from Russia, and flow out  to Switzerland, the UAE and the USAThe majority of transfers to Armenia come from Russia, and flow out  to Switzerland, the UAE and the USA
ZCMC to be the first in Armenia to present a report on biodiversity  managementZCMC to be the first in Armenia to present a report on biodiversity  management
Armenian market  unable to provide personnel for modern competitive  businesses, especially in  mining sectorArmenian market  unable to provide personnel for modern competitive  businesses, especially in  mining sector
Converse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projectsConverse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projects
Armenia Featured in Wizz Air’s Special Magazine EditionArmenia Featured in Wizz Air’s Special Magazine Edition
Import customs duty for goods supplied to Armenia from Iran to be reduced to 4.5% Import customs duty for goods supplied to Armenia from Iran to be reduced to 4.5% 
Armenia`s authorities plan to enhance military industry`s potential Armenia`s authorities plan to enhance military industry`s potential 
Armenian government expanding agricultural machinery leasing support  programArmenian government expanding agricultural machinery leasing support  program
Armenia extends repayment term for ADB loan for improvement of  Armenia-Georgia border highwayArmenia extends repayment term for ADB loan for improvement of  Armenia-Georgia border highway
Armenia`s Cabinet declines Capital Markets International Data`s application for Ecos fee operators list Armenia`s Cabinet declines Capital Markets International Data`s application for Ecos fee operators list 
Inecobank to receive $15mln under EBRD `green agenda` Inecobank to receive $15mln under EBRD `green agenda` 
`Solar pathos` turning into source of Armenia`s `energy insecurity` - expert `Solar pathos` turning into source of Armenia`s `energy insecurity` - expert 
EU to mobilize EUR 2.36bln under economic investment plan for Armenia  - diplomat EU to mobilize EUR 2.36bln under economic investment plan for Armenia  - diplomat 
Evocabank to receive EUR 19.4 million financial package from EBRD to  support MSMEs and large enterprises in ArmeniaEvocabank to receive EUR 19.4 million financial package from EBRD to  support MSMEs and large enterprises in Armenia
EBRD expands cooperation with Ameriabank - EUR 50 million Risk Sharing  Framework agreement signedEBRD expands cooperation with Ameriabank - EUR 50 million Risk Sharing  Framework agreement signed
PSRC Head: Installed capacity of solar power plants in Armenia  projected to reach 557 MW in the coming yearsPSRC Head: Installed capacity of solar power plants in Armenia  projected to reach 557 MW in the coming years
Ambassador: Russia offering Armenia a wide range of nuclear power  unitsAmbassador: Russia offering Armenia a wide range of nuclear power  units
ENA`s investment program  for 2025  aims to modernize most worn-out  and vulnerable substationsENA`s investment program  for 2025  aims to modernize most worn-out  and vulnerable substations
PSRC Head: Electricity tariffs to remain unchanged in 2025PSRC Head: Electricity tariffs to remain unchanged in 2025
NPP CEO: Proposals for  new NPP model to be presented in 2026NPP CEO: Proposals for  new NPP model to be presented in 2026
Armenian Deputy PM, Iranian Ambassador discuss bilateral cooperation  agendaArmenian Deputy PM, Iranian Ambassador discuss bilateral cooperation  agenda
Armenian insurance market started to reduce compensationArmenian insurance market started to reduce compensation
Armenia`s SRC delegation attends  fifth meeting of the Subcommittee  on Customs Issues under SEPAArmenia`s SRC delegation attends  fifth meeting of the Subcommittee  on Customs Issues under SEPA
Armenian NPP to be shut down for preventive maintenanceArmenian NPP to be shut down for preventive maintenance
FLYONE ARMENIA offers tickets to Salonica from EUR 19 FLYONE ARMENIA offers tickets to Salonica from EUR 19 
Armenia may try on role of Armenia may try on role of "junction zone" of Eurasian and European  economic spaces - expert 
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The state  to compensate 40% of farmers` costs for  installing  anti-hail nets in all communities of ArmeniaThe state  to compensate 40% of farmers` costs for  installing  anti-hail nets in all communities of Armenia
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Papoyan comments on the situation regarding Armenian cargo in  Georgia: There is an issue, and I think our businessmen are rightPapoyan comments on the situation regarding Armenian cargo in  Georgia: There is an issue, and I think our businessmen are right
Georgian side promises to clarify situation with Armenian cargo  downtime within two daysGeorgian side promises to clarify situation with Armenian cargo  downtime within two days
Victims of financial fraud gather in front of Armenian CB, demand  return of stolen money Victims of financial fraud gather in front of Armenian CB, demand  return of stolen money 
Net profit of Armenia`s insurance sector reaches $2.1mln in 1st  quarter of 2025 Net profit of Armenia`s insurance sector reaches $2.1mln in 1st  quarter of 2025 
Armenia`s minister of territorial administration, UNICEF rep discuss disaster risk reduction Armenia`s minister of territorial administration, UNICEF rep discuss disaster risk reduction 
Armenia on verge of economic crisis - MPArmenia on verge of economic crisis - MP
Armenia  to tighten rules for manufacturers and importers of tobacco  products and their substitutesArmenia  to tighten rules for manufacturers and importers of tobacco  products and their substitutes
Majority of transactions in Armenian regions involve land salesMajority of transactions in Armenian regions involve land sales
Hooverphonic`s Yerevan debut, sponsored by AraratBank, for the Philharmonic Orchestra`s 100th AnniversaryHooverphonic`s Yerevan debut, sponsored by AraratBank, for the Philharmonic Orchestra`s 100th Anniversary
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Apartment prices in Yerevan rose by 1.5% in a year, with a  corresponding 8.7%  increase in transactions Apartment prices in Yerevan rose by 1.5% in a year, with a  corresponding 8.7%  increase in transactions 
Armenia`s state debt  reached $13.6 billion, with specific debt  burden per capita exceeding $4.4 thousandArmenia`s state debt  reached $13.6 billion, with specific debt  burden per capita exceeding $4.4 thousand
Armenia`s Ministry of Economy submits investments bill to public Armenia`s Ministry of Economy submits investments bill to public 
Government textile industry fund to be established in Armenia Government textile industry fund to be established in Armenia 
Ameriabank passes second stage service quality improvement programme  - Aneta KorobkinaAmeriabank passes second stage service quality improvement programme  - Aneta Korobkina
USD transactions down, RUB ones up in Armenia`s interbank foreign exchange market, May 5 to 8, 2025 USD transactions down, RUB ones up in Armenia`s interbank foreign exchange market, May 5 to 8, 2025 
In Q1 2025, Armenia`s IT sector experienced 24.5% annual growth rateIn Q1 2025, Armenia`s IT sector experienced 24.5% annual growth rate
In Armenia, service sector experienced accelerated growthIn Armenia, service sector experienced accelerated growth
Free economic zone to be established in Yeghipatrush Free economic zone to be established in Yeghipatrush 
RA MESCS presents terms of participation in industry courses in IndiaRA MESCS presents terms of participation in industry courses in India
"Electric Networks of Armenia" to modernize power supply network in  center of Yerevan
“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More
Launch of digital radio discussed in ArmeniaLaunch of digital radio discussed in Armenia
Armenia`s Cabinet approves Armenian-Japanese convention abolishing  double taxation Armenia`s Cabinet approves Armenian-Japanese convention abolishing  double taxation 
Read more
Exchange rates
16.05.2025
RUB4.78-0.03
USD386.33-0.61
EUR432.69-0.61
GBP513.51-0.66
CAD276.800.14
JPY26.550.04
CNY53.62-0.06
CHF461.73-0.07