ArmInfo. “ARMSWISSBANK” CJSC was selected as partner financial institution of European Investment Bank within the scope of the “Private sector financing for Small and Medium-sized Enterprises (SMEs) and MidCaps” program.

ArmInfo.At the 2704th anniversary of the Etchmiadzin, a ceremonial meeting in the Palace of Culture named after Komitas, held on October 8 this year, Executive  Director of Armswissbank Gevorg Machanyan received the honorary title  "Friend of Echmiadzin" for his constant and significant support to  the city. ArmInfo was informed about this in the press service of the  bank.

ArmInfo.Attaching importance to the role and importance of social responsibility and encouraging the expansion of the use of clean energy technologies in Armenia,  ARMSWISSBANK  and Solaron solar panel manufacturing company  jointly  implemented a project to equip the roof of the Melkonyan family home  with 5.4 kW solar panels.

ArmInfo.In Basel (Switzerland), where the 89th annual general meeting of the Bank of International Settlements (BIS) was held, in which the head of the Central Bank of  Armenia Artur Javadyan took part, bilateral meetings were held with  the heads of partner structures.

ArmInfo.Chairman of the Central Bank of Armenia Artur Javadyan left for Basel (Switzerland) on a working visit, where he will participate in the 89th annual general  meeting of the Bank for International Settlements (BIS). According to  the press service of the Central Bank of Armenia, during the meeting  issues related to the regulation of the financial system,  international standards of banking, current challenges of banking  supervision will be discussed.

ArmInfo. The issue of Armswissbank's dollar bonds in the amount of $ 5 million was listed on the AMX stock exchange and included on the Bond list.

ArmInfo. ARMSWISSBANK CJSC was awarded the "Most Active Issuing Bank in 2018 in Armenia" by the European Bank for Reconstruction and Development (EBRD), at their annual meeting held in Sarajevo on May 7, 2019.

ArmInfo. Armswissbank and the International Investment Bank (IIB - International Investment Bank), under the Trade Finance Support Program (TFSP), signed an agreement for 2 million euros. According to the press service of Armsivsbank, the cooperation will provide an opportunity to provide TFP products to customers of the bank on more competitive terms.According to the report, within the framework of trade financing, the bank also cooperates with its traditional partners, the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB) and the Italian bank UBI.

ArmInfo. ArmSwissBank and  the European Bank for Reconstruction and Development (EBRD) on  February 19 signed 2 loan agreements for 10 million euros under the  programs "SME Development" and "Green Economy Financing Facility"  (GEFF). The loan under the GEFF program will be provided to  ArmSwissBank by the Eurobank and the Green Climate Fund (GCF).

ArmInfo. Armenian Prime Minister Nikol Pashinyan, who is on a working visit to Switzerland, discussed investment prospects in Armenia with a group of investors, the press  service of the Armenian government reported.In particular, Pashinyan  discussed with the chairman of the Switzerland-Armenia Chamber of  Commerce Mike Baronian issues relating to the possibilities of  expanding investment programs in the field of pharmaceuticals in  Armenia. 

ArmInfo.Within the framework of program "National Mortgage Company"  UCO CJSC for the mortgage loans offer 10,5%- 11,5% annual interest rates.

ArmInfo. The European Bank for  Reconstruction and Development (EBRD) concluded the first reverse  repurchase agreement with one of Armenia's leading banks -  Armswissbank, providing 2.3 billion AMD to secure Armenian USD  government bonds. The deal was concluded within the framework of the  Global Main Repo Agreement (GMRA) signed between the participants in  January 2018, which gives the parties the opportunity to enter into  joint repo deals.

ArmInfo. AMD, dollar and euro  bonds of Armswissbank were listed on NASDAQ OMX Armenia. As the press  service of the exchange told ArmInfo, these bonds entered the  secondary exchange list of Bbond and are admitted to conclusion of  targeted and repo deals. In the secondary market, Ameriabank and  ARARATBANK will act as market-makers of these securities.  

ArmInfo. The initial placement of nominal coupon AMD bonds of 2 billion AMD was successfully completed on July 10 - 4 days earlier than planned. The placed bonds were purchased by both local and foreign legal entities, including Armenian banks and private investors.

ArmInfo. Armswissbank, after successfully issuing three tranches of USD bonds, brought AMD securities to the market. The placement of AMD bonds as well as in the case of USD bonds turned out to be successful - applications for the purchase of only 2 billion were presented within the first hour of the start of the open subscription.

ArmInfo. At the moment the total regulatory capital of ArmSwissBank is nearly 33 bln AMD versus 30.4 bln AMD as of late March and 19 bln AMD as of early 2016. The press office of the Bank has told ArmInfo that the capital has increased due to 8 bln AMD direct investments by the shareholders in March 2016. The capital replenishment was dictated by the need to comply with the Armenian Central Bank's new standard for total capital of the banks - at least 30 bln AMD versus the current 5 bln AMD.

ArmInfo. Vardan Sirmakes, Swiss businessman, CEO, founder and 100% owner of world-known "Frank Muller Watchland" company will not participate in ArmSwisBank capital directly anymore, ensuring participation through his foreign companies. 

ArmInfo. Export Insurance Agency of Armenia (EIAA) and ArmSwissbank signed today a memorandum, which envisages deepening of cooperation for assisting export-oriented businesses and introducing new export-insurance financial products in order to give local producers an opportunity to enter new foreign markets. 

ArmInfo. ArmSwissBank was awarded the Grand Prix for "Best Exchange Member 2015" in "Best member Award" annual ceremony organized by NASDAQ OMX Armenia.