Education is the basis of a strong state: IDBank and Russian-Armenian University announced cooperation Friday, July 30 2021 13:31:03
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 ArmInfo.The Institute of Economics and Business of the Russian-Armenian University and IDBank signed a memorandum of cooperation, within the framework of which, with the support of the Bank, the master's educational program "Data Analytics" will be developed and implemented. |
Thursday, July 29 2021 11:20
ArmInfo.We are pleased to announce that Converse Bank has completed the 12th and 13th tranches of bond placement two months ahead of schedule. For the first time, bonds were distributed through the Converse Bank’s mobile application. >>> |
Tuesday, July 27 2021 18:09
ArmInfo. President of Armenia Armen Sarkissian, who is on a working visit to Japan, met with CEO / Executive Managing Director of the Japan Bank for International Cooperation (JBIC) Tadashi Maeda. >>> |
Tuesday, July 27 2021 16:17
ArmInfo.In the first half of 2021, the banking system of Armenia sent over 30 billion drams or $ 60.6 million to the state treasury through taxes, which is 19.4% more than a year ago. Of this amount, over 85.9% or 25.8 billion drams was paid under direct taxes (including income tax and tax on profit), with an increase of 13.4% over the year. According to the data of the RA State Revenue Committee, in the total volume of payments of 1000 large taxpayers in Armenia, 17 banks account for 5.1%. >>> |
Tuesday, July 27 2021 11:33
ArmInfo. As a result of cooperation between ACBA Bank, ACBA Leasing and the GEFF (Green Economy Financing) program of the European Bank for Reconstruction and Development (EBRD), USD 5 million will be directed to the development of a green economy in Armenia through financing business projects in the field of energy conservation, climate adaptation and renewable energy. >>> |
Tuesday, July 27 2021 11:28
ArmInfo. Ameriabank is the leading taxpayer among Armenian banks in the first half of 2021. As noted in the message of the bank, this is evidenced by the data of the State Revenue Committee of the Republic of Armenia. >>> |
Monday, July 26 2021 17:06
ArmInfo.An impressive growth in exports with a moderate growth of imports reduced the foreign trade deficit of Armenia in January-June 2021 by 11.4% per annum (against a decline of 20.1% a year earlier, with a decline in imports by 12.9% and exports by 6.5%). >>> |
Friday, July 23 2021 20:00
ArmInfo.. The banking system in Armenia is sound and well-regulated, but the financial sector is not highly developed, according to investors. Banking sector assets account for over 80 percent of total financial sector assets. This is stated in the published report of the US State Department on the investment climate in Armenia for 2021. >>> |
Friday, July 23 2021 15:09
ArmInfo. The updated RA Law "On Combating Money Laundering and Financing of Terrorism" will enter into force on July 26 this year. ArmInfo was informed about this in the press service of the Central Bank of Armenia, explaining that the law on amendments and additions to the Law on Combating Money Laundering and Financing of Terrorism was fully adopted on June 30 at an extraordinary session of the RA National Assembly, and published on July 16 this year. >>> |
Thursday, July 15 2021 19:10
ArmInfo.Ameriabank receives Euromoney Award for Excellence 2021 as the Best Bank in Armenia. As ArmInfo was told in the press service of Ameriabank, the Bank is honored to receive this reputable award given the significantly improved profitability, robust growth, strategic relationships and commitment to enhancement of its digital channels. The Bank receives this recognition for the 8th time already over the last ten years. >>> |
Tuesday, July 13 2021 15:12
ArmInfo.IDBank, purposefully continuing the active development of digital banking culture, launched the Visa Digital card. Now the client can get a full-fledged virtual bank card Visa Digital through the Idram&IDBank mobile application, IDBanking.am and Idram digital platforms, without visiting the office, which becomes even more convenient due to the possibility of obtaining a credit line. >>> |
Monday, July 12 2021 17:33
ArmInfo. In H1 2021, Armenia's gross international reserves increased by 18.7% or by $ 488.6 million, amounting to $ 3.104 billion, as evidenced by the data of the Central Bank of Armenia. Of these, the lion's share - $ 3.091 billion - falls on foreign assets in hard currency, and the share of SDR in the IMF amounted to $ 13.3 million. According to the regulator's report, for H1 this year, foreign assets in hard currency increased by 18.6%, while the share of SDR in the IMF increased by 48%. >>> |
Sunday, July 11 2021 11:23
ArmInfo. The net inflow of transfers from individuals in January-May 2021, increased by 89% per annum (from a 23.4% decline a year earlier) - to $ 281.5 million, which is largely supported by the continuing multiply increase in remittances from the United States. This is evidenced by the data of the RA Central Bank. >>> |
Saturday, July 10 2021 11:13
ArmInfo.The high growth of the mortgage portfolio by June 2021 by 37.2% per annum to 544.2 billion drams ($ 1.05 billion) supported the loan portfolio of the Armenian banking system in 6.4% growth, exceeding the absolute value of 3.6 trillion drams ($ 6.9 billion). The growth of mortgages increased its share in the total loan portfolio of banks from 11.7% last year to the current 15.1%. This is evidenced by the data of the RA Central Bank. >>> |
Friday, July 9 2021 21:58
ArmInfo.Converse Bank continues its card-to-card transfer campaign with Visa International Payment System in a different format. Within the framework of the campaign, until 31.07.2021 inclusively, 10 cardholders who made or received the highest number of card-to-card transfers using from VISA payment cards, including those issued outside Armenia, will receive 2 tickets to Yerevan Park. >>> |
Thursday, July 8 2021 21:04
ArmInfo.On June 4-6, within the framework of the “Bigidream” project of “The Armenian exists” public organization, a children's educational, entertaining, competitive music festival was held, which brought together smart, strong, creative children from Artsakh and Armenia. By filling out the relevant application and sharing it on social networks, children participate in the competition and present their dreams. >>> |
Wednesday, July 7 2021 17:51
ArmInfo.Moody's Investors Service ("Moody's") has affirmed the Ba3 long-term local and foreign currency deposit ratings of Ameriabank, revising the outlook to Stable from Negative. >>> |
Wednesday, July 7 2021 17:42
ArmInfo.Every week, the Armenian Federation of Street Workout organizes outdoor workouts for residents of communities where professional workout areas exist. According to Arthur Harutyunyan, Head of the Federation, the goal is to popularize healthy lifestyle and form a new culture. >>> |
Tuesday, July 6 2021 17:31
ArmInfo.FMO and AraratBank today announce the signing of a USD 10mln NASIRA loan portfolio guarantee. This innovative risk sharing program will make it easier for AraratBank to provide funding to youth, migrant, women and COVID-19 affected entrepreneurs, as losses on the loan portfolio will be carried by both parties. >>> |
Friday, July 2 2021 17:17
ArmInfo.Converse Bank offers to become the Bank's Visa Classic, Visa Gold, Visa Business and Visa Platinum cardholder by July 31 and use the reduced 50% annual service fee for the entire term of the card. At the customer's request, the family member will also be provided with a card attached to Visa Classic, Visa Gold or Visa Platinum free of charge, depending on the type of the customer's main card. >>> |
Friday, July 2 2021 12:28
ArmInfo.The International Development Association (IDA, a credit organization belonging to the World Bank Group) has prolonged the earlier decision to cancel the application of an additional interest rate (1.7% per annum) for a number of loans provided to Armenia for another year. >>> |
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