Tuesday, March 31 2020 14:15
ArmInfo. Banks and insurance companies will receive the right to conduct general meetings of shareholders remotely. The National Assembly of the Republic of
Armenia, at its meeting on March 31 in the second and final reading,
amended the laws "On Joint Stock Companies", "On Banks and Banking
Activities", "On Insurance and Insurance Activities". >>>
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Tuesday, March 31 2020 14:12
ArmInfo. CBA Board Member, Martin Galstyan may
may become the new head of the Central Bank. As the ruling
parliamentary faction "My Step" told ArmInfo, the faction proposed
Martin Galstyan to be the new head of the Bank. >>>
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Tuesday, March 31 2020 12:37
ArmInfo.“Stay home, make non-contact payments and transfers”, say Idram and IDBank and introduce to the market a complete and unique toolset in the field of personal finance management, that sets a new benchmark in the financial market. With the slogan Wallet and banking, the joint digital platform of the two companies offers a set of services, which means you can make all your daily financial transactions without leaving home, which is especially important in the present situation. >>>
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Tuesday, March 31 2020 12:28
ArmInfo.Having overstepped the psychological mark
of 500 drams, the US dollar exchange rate in Armenia fully complies
with current market realities, thereby adequately responding to both
internal and external corrective factors, market participants
surveyed by ArmInfo say. >>>
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Monday, March 30 2020 14:55
ArmInfo. Joint-stock companies, commercial banks and insurance companies will be able to conduct a general meeting of shareholders remotely. The RA National
Assembly at an extraordinary meeting on March 30 discusses amendments
to the laws "On Joint Stock Companies", "On Banks and Banking
Activities" and "On Insurance and Insurance Activities". >>>
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Friday, March 27 2020 18:10
ArmInfo.The Asian Development Bank (ADB) is considering the possibility of assisting Armenia in the conditions of the COVID-19 crisis. This became known during the meeting between the Prime Minister of the Republic of Armenia Nikol
Pashinyan and the Head of the ADB Armenian Office Paolo Spantigati.
This was reported by the press service of the government. >>>
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Friday, March 27 2020 17:49
ArmInfo.Starting today, Ardshinbank, together with the SAS supermarket chain, will provide food for more than 870 pensioners aged 76 years and older. Also, Ardshinbank will provide financial assistance to more than 2,400 retirement age clients in all regions of the country. >>>
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Friday, March 27 2020 13:46
ArmInfo. From March 20 to this day, commercial banks of Armenia have revised the terms of loans of 96 thousand individuals and 3395 legal entities. The Prime Minister
of the Republic of Armenia Nikol Pashinyan wrote about this on his
Facebook page. >>>
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Friday, March 27 2020 12:24
ArmInfo.Converse Bank has launched a new Mobile Banking App. The app is simple, functional, and flexible. >>>
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Friday, March 27 2020 11:33
ArmInfo. The spread of coronavirus and falling oil prices adversely affect banks. Russia and neighboring countries and may lead to a decrease in their ratings, according to a comment by Fitch. >>>
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Thursday, March 26 2020 15:30
ArmInfo.In Armenia, the National Mortgage Company CJSC and Home For Youth CJSC refinancing companies 0announced a deferral of mortgage payments for up to 6 months (i.e. through September inclusive). According to the press service of the
Central Bank of Armenia, received by ArmInfo, these companies,
following the situation arising in connection with the spread of
coronavirus and aiming at assisting borrowers faced with financial
difficulties, took this step to temporarily exempt mortgage clients
from repaying the main loan amount. >>>
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Thursday, March 26 2020 12:09
ArmInfo.The Black Sea Trade and Development Bank (BSTDB) granted Ardshinbank the fifth loan in the amount of $ 20 million to finance small and medium enterprises (SMEs) in Armenia. This deal demonstrates the close partnership between the
two banks and their common goal is to support the development of the
SME sector, Ardshinbank said in a statement. >>>
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Wednesday, March 25 2020 16:11
ArmInfo.Moody’s Investors Service international credit rating agency has published its credit opinion update on Converse Bank on March 25, 2020. >>>
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Wednesday, March 25 2020 13:25
ArmInfo.The Central Bank of Armenia revoked the license of the Universal Credit Company "VARX AM" ("VARKS AM" UKK) for failure to comply with the minimum capital requirement. >>>
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Wednesday, March 25 2020 11:51
ArmInfo.The Central Bank of Armenia condemns the attempts of public pressure from various citizens on financial institutions. As stated in the official statement of the Central Bank of the Republic of Armenia, the relationship between the creditor and the subject of lending is fixed by the contract and regulated by the Civil Code of the Republic of Armenia. >>>
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Tuesday, March 24 2020 13:38
ArmInfo.ACBA-CREDIT AGRICOLE BANK has allocated 25 million AMD for prevention and treatment of a new type of coronavirus in Armenia. Of these, 2 million drams were donated exclusively by Bank employees. >>>
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Monday, March 23 2020 14:54
ArmInfo. Tigran Sargsyan was appointed Deputy Chairman of the Board of the Eurasian Development Bank. This was reported by the EDB press service. >>>
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Monday, March 23 2020 14:50
ArmInfo. Today, the country's economy is on the edge of the abyss, and it will be very difficult to restore. Head of the Prosperous Armenia Party, MP, entrepreneur Gagik
Tsarukyan stated this in an interview with reporters on March 23. >>>
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Monday, March 23 2020 10:39
ArmInfo. The World Bank Board of Executive Directors approved the provision of a loan of 17.9 million euros to Armenia for additional financing of the program "Social Investments and Local Development". >>>
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Friday, March 20 2020 16:01
ArmInfo.The Central Bank of Armenia, while remaining committed to a floating exchange rate policy, today has sufficiently high reserves and multilayer tools to
protect the foreign exchange market from any shocks. CBA Board member
Artur Stepanyan stated on March 20 during Armenian Unified
InfoCenter's press conference , assuming that no shocks are expected
in the near future. >>>
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The license for the activities of the Armenian NPP may be extended until 2026
RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook "Positive"
John D & Sosi Balian Foundation will allocate $ 1.65 million for construction and improvement of new building of Erebuni Archaeological Museum-Reserve
Mining Industry as a Fanciful Game of Cats-and-Mice