Armenian Ardshinbank planning to acquire HSBC Malta

 Monday, July 14 2025 18:51:00
Armenian Ardshinbank planning to acquire HSBC Malta

ArmInfo. Ardshinbank, a leading Armenian bank, has submitted  a bid for HSBC Malta, according to international media outlets. The  bank itself does not comment on its participation in the purchase of  HSBC's Maltese subsidiary.

SCR investment program for 2025 to exceed 2 bln drams
 Wednesday, April 16 2025 18:15

ArmInfo.The investment program of the South Caucasus Railway (SCR) for 2025 will amount to more than  2 billion drams (over $ 5 million - ed.). This was announced by SCR General Director Alexey Melnikov in an interview with an ArmInfo correspondent during the opening of the "Primordial Russia" photo  exhibition in Yerevan.

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IDBank Joined the Banking Association for Central and Eastern Europe (BACEE): Official Membership Agreement Signed in Budapest
 Wednesday, April 16 2025 14:30

ArmInfo.   IDBank officially joined the Banking Association for Central and Eastern Europe (BACEE), marking a significant milestone in the Bank’s ongoing efforts to strengthen its international partnerships and regional presence.

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Converse Bank placed Vardanants Medical Center`s debut bonds  ahead  of schedule 
 Wednesday, April 16 2025 11:53

ArmInfo. Converse Bank, acting as the underwriter of the debut bonds of the Vardanants Innovative  Medical Center (Arinterlev CJSC), announced the early completion of the public placement of this tranche. As explained in the message of Converse Bank, the tranche issued on April 1 was fully placed on the  primary market by April 11, instead of the originally planned end date of July 1.

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AraratBank: Business Financing with up to 35% Cashback Opportunity
 Tuesday, April 15 2025 17:25

ArmInfo.  Under the Green Initiative and Competitiveness Enhancement Agreement, AraratBank, in partnership with EBRD, presents new business loan/leasing offers.

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The Power of One Dram is the general partner of DigiCode 2025
 Tuesday, April 15 2025 16:32

ArmInfo.  On April 12, the 10th annual DigiCode Youth Applied Programming Competition took place, marking a milestone year for the event. The anniversary competition was supported by IDBank and Idram as the main partners, represented through their impactful "The Power of One Dram" initiative.

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CBA Deputy Head: Those guilty of online loan fraud will be severely  punished
 Monday, April 14 2025 16:55

ArmInfo. The credit obligations of several citizens who were allegedly victims of banking fraud have been temporarily frozen.  Deputy Chairman of the Central Bank of Armenia Armen Nurbekyan  stated this on April 14 at a meeting of the Standing Committee on Financial, Credit and Budgetary Issues, touching upon cases of fraud with online loans.

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Armenia introduces mechanism in  crypto sphere -  CB Deputy Head  presents rules for circulation of cryptocurrencies  
 Monday, April 14 2025 14:31

ArmInfo. This, in fact, will become the primary law regulating the crypto sphere, as stated by Deputy Chairman of the Central Bank of Armenia Armen Nurbekyan, during the April 14 parliament session on financial, credit and  budgetary issues, presenting the details of the package of bills and Several  Related Laws>.

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The Crowdfunding Formula sets precedent for companies combining  innovation and global thinking with its bond launch - message to  entire ecosystem
 Saturday, April 12 2025 13:45

ArmInfo. The bonds of The Crowdfunding Formula (TCF), one of the leading companies in Armenia providing innovative and non-standard investment solutions, have been listed on the Armenian Stock Exchange (AMX) in the Bbond list. As noted in the AMX press release, TCF is the first technology company in Armenia to issue securities.

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Head of RA Revenue Committee holds talks with ADB, AFD reps 
 Saturday, April 12 2025 12:27

ArmInfo. Chairman of the State Revenue Committee of Armenia Eduard Hakobyan and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD) at a meeting in Yerevan noted the importance of the parties' readiness for further progressive development of cooperation.

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USD transactions up in Armenia`s interbank foreign exchange market  Apr 7 to 11, 2025 
 Saturday, April 12 2025 12:25

ArmInfo. April 7 to 11, 2025, in Armenia's interbank foreign exchange market, three USD and two RUB transactions were effected, with no EUR transactions effected.  USD transactions showed a 13% growth against an 18% decline the previous week. The volume of RUB transactions was the same as the previous week. The total amount of USD transactions exceeded that of RUB  transactions 2.8-fold against 2.5-fold. 

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AraratBank Employees Communicated with the Power of the Intercessory Gospel of Shurishkan
 Friday, April 11 2025 17:27

ArmInfo. AraratBank employees, led by CEO Mher Ananyan, participated in the exhibition of the Shurishkan Gospel organized within the framework of the Hidden Manuscripts exhibitions, communicating with the power of the gospel at the ceremony of its return to the repository held in a unique cultural atmosphere.

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IBRD to provide 102 million euro  loan to Armenia for healthcare reforms
 Friday, April 11 2025 15:15

ArmInfo. The International Bank for Reconstruction and Development will provide a 102 million euro loan to Armenia to enhance the quality of healthcare services.  At its meeting on April 11, the Health Committee of the National Assembly of the Republic of Armenia provided a positive conclusion on the draft agreement with the Bank submitted by the government for  ratification.  Lena Nanushyan, Deputy Minister of Health of the  Republic of Armenia, noted in her speech that the agreement was  signed on July 25, 2024. The goal of the loan program is to assist  the Ministry of Health of the Republic of Armenia in implementing  comprehensive health insurance and enhancing primary healthcare  services. The project also aims to improve the efficiency of public  healthcare spending  and reduce financial barriers for the population  in accessing medical services.  

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Armenia`s finance minister, head of IMF mission in Armenia discuss  IMF-sponsored reserve programme 
 Friday, April 11 2025 11:26

ArmInfo. RA Finance Minister Vahe Hovhannisyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia, as part of the summing up of the 5th review of the IMF reserve program.

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Uzbekistan joins EDB as 7th member state
 Friday, April 11 2025 10:56

ArmInfo. Tashkent, April 10, 2025. President of the Republic of Uzbekistan Shavkat Mirziyoyev has signed a law on Uzbekistan's accession to the Agreement Establishing the Eurasian Development Bank (EADB). Uzbekistan will become the seventh member of the Bank and the third largest shareholder with a 10% equity stake. The adoption of the law ensures the country's right  to full and effective participation in the Bank's activities.

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Head of RA State Revenue Committee, Head of IMF office in Armenia  discuss access of tax authorities to bank information 
 Thursday, April 10 2025 11:53

ArmInfo.  Chairman of the State Revenue Committee (SRC) of the Republic of Armenia Eduard Hakobyan received a delegation led by the head of the Armenian mission of the  International Monetary Fund (IMF) Iva Petrova.

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MyAmeria Star - Ameriabank presents a bank card and app for kids and teens
 Wednesday, April 9 2025 16:48

ArmInfo. Ameriabank has launched a new banking application, MyAmeria Star for customers aged 6 to 18, offering a safe and convenient banking solution with full parental control.

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One more free access to business lounges: IDBank
 Wednesday, April 9 2025 11:45

ArmInfoIDBank is always by its customers' side as they explore the world, offering profitable deals and exciting surprises. Until the end of the year, another exclusive offer awaits travel enthusiasts—especially those who enjoy the comfort of business lounges.

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Dollar, ruble transactions decreased in Armenia`s interbank foreign  exchange market, March 31-April 4, 2025 
 Saturday, April 5 2025 12:23

ArmInfo. From March 31 to April 4, 2025,  Armenian interbank foreign exchange market saw daily dollar transactions and only two ruble transactions, with no euro  transactions recorded. This led to a shift in the weekly trend,  with  transactions going from  a 31% increase to an 18% decline, while  ruble transactions continued to decline, albeit at a slower rate from  30.3% to 17.4%. As a result,  dollar transactions remained dominant  over ruble transactions for the week with a 2.5 higher volume. In the  intra-bank foreign exchange market during the reporting week  (31.03-04.04.25 compared to 24-28.03.25)  there was no increase  in  dollar purchases along with a decrease in sales, while euro grew  despite a slower decline in sales. Ruble transactions saw a faster  decline in purchases and  an increase in sales compared to the  previous week. 

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How to protect your bank accounts and E-Wallet
 Friday, April 4 2025 18:15

ArmInfo. Protecting your bank accounts and e-wallet is easier than it may seem. One of the first and most important steps is to use a strong and secure password. This doesn’t necessarily mean it has to be long or overly complex, but it must be unique. Repeating the same password across multiple platforms significantly reduces its effectiveness. Your e-wallet password, in particular, should never be reused for any other account.

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AraratBank: Supporting SMEs for About 20 Years
 Friday, April 4 2025 17:37

ArmInfo. The efficiency of SME lending programs and opportunities for expanding financial access were discussed at a conference jointly organized by the Union of Banks of Armenia and the German-Armenian Fund. The conference titled "SME Financing Opportunities and Prospects," attended by AraratBank representatives, featured panel discussions highlighting success stories, growth of productivity and sustainable development of this sector.

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News
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"Business Process Optimization with AI" – a Course for the Senior Management of AraratBank
IBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development programIBRD to provide Armenia with EUR 96.4mln for implementation of Tourism and Regional Infrastructure Development program
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