ArmInfo. Ardshinbank reduces  interest rates on all loans secured by gold. As the press service of  the Bank reports, this condition has been in effect since October 11  2017.

ArmInfo. Ardshinbank was recognized as the safest bank in 2017 by the prestigious American magazine “Global Finance”. This exclusive survey includes the leading banks of 106 countries around the world. Banks were selected through an evaluation of long-term foreign currency ratings — from Moody’s, Standard & Poor’s and Fitch — and total assets of the 1000 largest banks worldwide.

ArmInfo. Ameriabank offers "ArCa Mir" co-branded payment cards on flexible and competitive terms.

ArmInfo. Ardshinbank offers better terms on loans for entrepreneurs and legal entities engaged in agriculture and business. Following the new terms, one can now get a loan in AMD at an annual interest rate starting from 11.25%, in USD – from 9,75%, and in case of loans in Euro – from 9%. Loans are provided without submission of statements on financial data.

ArmInfo. Ardshinbank announces better terms on credit lines with reduced limits within salary projects. According to the new conditions, it is now possible to get a credit line up to 14 times the salary. The term of credit line has also been extended, according to which it can be repaid up to 70 months.

ArmInfo. Ardshinbank improved  terms for property secured loads, reducing maximal level of interest  rates.  According to the press service of the company, Ardshinbank  announces reduced interest rates and better lending terms for loans  secured by property. Thus, the current annual interest rate on  consumer loans in AMD is 14.25-19.95% without the need to submit a  statement of income and 14.25-17.75% with income certificate. The  interest rates on express renovation loans in USD are 12.75-17.95%  without income certificate and 12.75-15.25% with income certificate,  as well as 12-14.95%, 12-13.45% in Euro accordingly. Following the  new terms, it is now possible to get up to AMD 40 million, USD 80,000  and EUR 70,000 loan amount.

ArmInfo. Armenian Card  modernized the logo - the ArCa trade mark, with an up arrow on the  letter A, marking the passed way of the National Unified Payment  System (ENP) and successfully moving towards the set goals.

ArmInfo. National payment systems Armenian Card and MIR (operator of the system - National Payment Card System (NSPC)) have successfully completed a pilot project on mutual acceptance of bank payment cards ArCa and and started to service them. As the director of the Armenian Card, Ishkhan Mkhitaryan told ArmInfo correspondent, all the works were carried out within the timeframes stipulated by the road map signed in Yerevan by the payment systems of the two countries in November 2016. "At the moment, it can already be said that the project has taken place, and transactions with the maps" Mir "in Armenia are already a reality.

ArmInfo. ACBA-Credit Agricole Bank, being one of the first partners of the Russian MIR payment system, announced the launch of the ArCa-MIR chip-based co- branded cards. As ArmInfo was told in the press service of the Bank, in Armenia this card will act as "ArCa", and on the territory of Russia - as a "MIR" card.

ArmInfo. Ardshinbank became a participant in the securities registration system of the Central Depository of Armenia (CDA) with the status of the operator of the depository system account. About it ArmInfo was informed in the press service of the stock exchange NasDaq OMX Armenia.  From now on, the clients of the bank will be able to access the services of the CDA, in particular the maintenance of the register of joint-stock companies and all services related to the storage of securities.  Thus, Ardshinbank became the 17th operator of the Depository System.

ArmInfo. Ardshinbank is launching an action for its customers using money transfer services, which will last until the end of the year. As the press service of the bakka informs, every 300th customer using the Ria, IntelExpress, Sigue, MoneyGram, UniStream, ConversTrasnsfer, Best and Moneytun money transfer systems operating in the bank will receive 10 thousand AMD.

ArmInfo. The RA Ministry of  Agriculture as of September 19 received 16 applications for 1.606  billion AMD for participation in the state program of subsidizing  loans to processing enterprises for agricultural production.

ArmInfo. Ardshinbank  announces new terms on mortgages, according to which the interest  rate for purchasing residential real estate has been reduced to 9.5%.  Lending conditions have also been improved, therefore it is now  possible to get a real property starting with just 5% prepayment.

ArmInfo. Ardshinbank is the general sponsor of the exceptional mega show "The Last Judgement". Yesterday's evening was marked with the outstanding premiere of the "The Last Judgement" at Armenian National Academic Theatre of Opera and Ballet named after A. Spendiaryan which came to life thanks to the special technologies donated by the Bank as well. For the first time in Armenia, it was possible to stage a 3D animation show with special lights.

ArmInfo. Ardshinbank will  join the 200th anniversary celebration of I. K. Aivazovsky. Notably,  on September 14 in Yerevan the National Gallery of Armenia will host  the solemn opening of the exhibition entitled "Creation", of one of  the world's greatest marine artists, where the guests and visitors  will be given the wall calendars with the artist's paintings issued  by the Bank.

ArmInfo. In Armenia, annual  growth of non-cash transactions on plastic cards accelerated in the  first half of 2017 from 11.7% to 47.2%. According to the report of  the Central Bank of Armenia, the volume of non-cash card transactions  for the reporting period amounted to 126.2 billion drams. In the  second quarter of 2017 alone, the volume of non-cash plastic  operations changed from a downward trend of 16.6% to an upward trend  of 26.9%, versus an exit from the 15.3% decline in the 21.5% growth  in the second quarter of 2016.

ArmInfo. Ardshinbank was the first in Armenia to start issuing chip payment cards ArCa-MIR, which are serviced both in Armenia and throughout Russia. The press service of Ardshinbank informed ArmInfo about this.

ArmInfo. The replenishment of  Armenian banks' capital base by 15% per annum on July 1, 2017, or by  85.1 billion drams ($ 177.1 million) made it possible to accelerate  the credit growth rate to 16.6% from last year's 9.5%. Activation of  banks in the credit market, in turn, increased net profit in the  first half of 2017 by 49.5% per annum - up to 19.2 billion drams ($  39.9 million).

ArmInfo. In the aggregate loan  portfolio of Armenian banks, the NPL share decreased by July 1, 2017  year on year from 13.2% to 9.8%, reaching 269 billion AMD in absolute  terms. However, five banks, nevertheless, overshoot this indicator  for the maximum limit of the critical limit - 22-33% against the  internationally acceptable 10-15%.

ArmInfo. As of August 30 this  year, readiness to participate in the program expressed by 10 banks and 2  universal credit companies. These are ACBA Credit-Agricole Bank,  Ameriabank, ARARATBANK, Ardshinbank, Armswissbank, Converse Bank,  INECOBANK, Armbusinessbank, Armeconombank, Prometey Bank, as well as  UCC and .