Tuesday, June 2 2020, 14:18
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Monday, June 1 2020, 14:29
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Wednesday, May 20 2020, 20:24
ArmInfo. The assets of the banking system of Armenia slowed down annual growth from 16.1% to 15.3%, amounting to 5.9 trillion drams ($ 11.7 billion) as of April 1, 2020. According to the Express-Ranking of Banks of Armenia, prepared by ArmInfo IC, in their structure credit investments and other loans reached 3.8 trillion drams ($ 7.5 billion), with annual growth accelerating from 16.2% to 20.4%.
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Wednesday, May 20 2020, 20:19
ArmInfo. The banking system of Armenia increased its net profit in the first quarter of 2020 by 40% per annum to 23.3 billion drams ($ 46.3 million), while a year earlier a subsidence of 17.4% was recorded.
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Tuesday, May 12 2020, 12:18
ArmInfo.Ardshinbank has received the Best Bank in Armenia 2020 award from Global Finance magazine. This prestigious award affirms the Bank's outstanding digital channels, innovative business approach and strong financial performance.
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Wednesday, May 6 2020, 14:03
ArmInfo. International rating agency Moody's affirmed Ardshinbank's rating with Stable outlook. The following ratings are assigned to the bank: Ba3 for LT Bank Deposits (Local Currency), B1 for LT Bank Deposits (Foreign), Ba3 for Baseline Credit Assessment, Ba2 for Counterparty Risk Assessment.
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Monday, May 4 2020, 14:45
ArmInfo.By April 1, 2020 the share of non-cash card transactions reached 30% of the total volume of plastic transactions in Armenia.
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Monday, May 4 2020, 13:46
ArmInfo.Ardshinbank’s placement of US$300 million Eurobonds in the international capital marketswas selected as the most outstanding in its category in Europe and was recognized as Deal of the Year by The Banker, a leading global business magazine and part of the Financial Times Group.
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Thursday, April 23 2020, 17:00
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Friday, April 17 2020, 07:15
ArmInfo.Fitch is revising the outlook on the ratings of Armenian banks towards "Negative", following the same worsening outlook on the sovereign rating of
Armenia. This was reported by Fitch in a report published on April
16.
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Friday, April 10 2020, 15:45
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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, 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, 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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Thursday, March 19 2020, 16:34
ArmInfo.Fitch Ratings has affirmed ACBA-Credit Agricole Bank CJSC's (ACBA) and Ardshinbank CJSC's (Ardshin) Long-Term Foreign- Currency Issuer Default Ratings (IDRs) at 'B+' with Stable Outlooks. The banks' IDRs and senior debt ratings are driven by their intrinsic strength, as captured by their 'b+' Viability Ratings (VRs).
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Monday, March 16 2020, 17:50
ArmInfo.As of March 16, the Central Bank of Armenia did not make any decisions on suspension of the work of branches of commercial banks of Armenia. This was reported by the press service of the CBA.
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Monday, March 16 2020, 11:44
ArmInfo.Ardshinbank’s 2118 borrowers of home equity loans received 5% cashback from the interests they paid for their loans during the previous calendar year. This time, the total amount of money returned by the Bank to borrowers amounted to about 62 million drams.
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Thursday, March 12 2020, 15:03
ArmInfo.Ardshinbank’s 2118 borrowers of home equity loans received 5% cashback from the interests they paid for their loans during the previous calendar year. This time, the total amount of money returned by the Bank to borrowers amounted to about 62 million drams.
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Wednesday, March 11 2020, 16:26
ArmInfo. Despite the difficulties of the financial order, 2020 will be quite fruitful in
terms of cooperation with Armenia. On March 11 through a video
conference "Regional Integration, Cooperation of the Eurasian
Development Bank with the EAEU Countries" (Moscow-Yerevan-Minsk-
Chisinau), answering a question from ArmInfo correspondent,
head of the EDB Andrey Belyaninov said.
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Thursday, March 5 2020, 12:50
ArmInfo. The European Bank for Reconstruction and Development (EBRD) withdrew from the capital of INECOBANK by selling its share (23,002 shares or 12.6%) to the majority shareholders Avetis Baloyan and Karen Safaryan. This is evidenced by the information posted on the website of the Central Bank of the Republic of Armenia on actual changes in the share capital of INECOBANK.
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