ArmInfo. Most of the Armenian banks refrain from participating in the national agricultural lending program for lack of agricultural lending technologies, President of the Union of Banks of Armenia, Chairman of the Board of Araratbank Ashot Osipyan told journalists on Friday. He said that his

ArmInfo. In July 2011 the Armenian banks issued a total of 29200 cards within Armenian Card (43% y-o-y growth). As of late July 2012, the number of active cards was 895 thsd against 656.5 thsd over July 2011 (36.3% y-o-y growth). Armenian Card told ArmInfo that over July 2011 the banks issued

ArmInfo. The top hundred largest taxpayers of Armenia for the first half of 2012 include 13 banks. Of them the top five banks are ACBA-Credit Agricole Bank, HSBC Bank Armenia, Ameriabank, VTB Bank (Armenia) and ArmBusinessBank. According to the Armenian State Revenue Committee, in the first

ArmInfo. The number of plastic cards issued by the ArCA member-banks grew 69% versus June 2011 to 32,822 cards. The number of active cards for late June 2012 totaled 885.2 thousand versus 642.9 thousand cards in June 2011 (up 37.7%). The Armenian Card told ArmInfo, in June banks issued 1191

ArmInfo. Armeconombank has started paying dividends to its shareholders. The yield is 9% (225 AMD per share). Member of Armeconombank's Board Anahit Simonyan says that the nominal value of one share is 2,500 AMD, the nominal value 9,881 AMD, the market cost 4,000 AMD. According to Simonyan

ArmInfo. Armeconombank has joined UNIstream, a system transferring money in USD, EUR and RUR in the CIS and to some foreign countries. The press service of Armeconombank reports that the bank is already part of Bystraya Pochta, Migom, Contact, Zolotaya Korona, Blizko, Anelik, Intelexpress, Co

ArmInfo. Armeconombank has started paying dividends to its shareholders. The yield is 9% (225 AMD per share). Member of Armeconombank's Board Anahit Simonyan says that the nominal value of one share is 2,500 AMD, the nominal value 9,881 AMD, the market cost 4,000 AMD. According to Simonyan

ArmInfo. Armeconombank has joined UNIstream, a system transferring money in USD, EUR and RUR in the CIS and to some foreign countries. The press service of Armeconombank reports that the bank is already part of Bystraya Pochta, Migom, Contact, Zolotaya Korona, Blizko, Anelik, Intelexpress, Co

ArmInfo. CONTACT money transfer system announces reductions of the commissions charged for remittances from Armenia in terms of USD, EUR, RUR and AMD to remote countries. Starting June 2012 the commission for transfer of up to 4950USD/EUR or 175,000 RUR is 1.3% of total amount. Transfer of the

ArmInfo. By April 2012 the exchange offices in Armenia dropped in number by 7 to 252 offices as compared to the same period of 2011. According to the monthly issue of the Central Bank of Armenia, in December 2011 the number of exchange offices was 259, having declined by 28 to 231 in January, an

ArmInfo. The number of plastic cards issued by the ArCa member-banks grew 36.8% versus April 2011 to 31,591 cards. The number of active cards for late April 2012 totaled 836.1 thousand versus 615.4 thousand cards in April 2011 (up 35.8%). The Armenian Card told ArmInfo, in March banks issue

ArmInfo. UNISTREAM is enlarging its network in Armenia. The press service of UNISTREAM reports that the system is currently integrating with ACBA Credit Agricole Bank. President of UNISTREAM Suren Hayryan says that the bank's 41 branches will help the system to strengthen its positions in

ArmInfo. UNISTREAM is enlarging its network in Armenia. The press service of UNISTREAM reports that the system is currently integrating with ACBA Credit Agricole Bank. President of UNISTREAM Suren Hayryan says that the bank's 41 branches will help the system to strengthen its positions in

ArmInfo. UNISTREAM is enlarging its network in Armenia. The press service of UNISTREAM reports that the system is currently integrating with ACBA Credit Agricole Bank. President of UNISTREAM Suren Hayryan says that the bank's 41 branches will help the system to strengthen its positions in

ArmInfo. The continued crisis phenomena in the credit market of Armenia have made the Armenian banks less universal, says the Analysis of the Banking System of Armenia by the Agency of Rating Marketing Information (ArmInfo) on the basis of the balance indices as of the end of Q1 2012. A

ArmInfo. By the end of Q1 2012, 14 Armenian banks joined the list of the top 100 largest taxpayers of the country. According to the State Revenue Committee of Armenia, over Q1 ACBA Credit Agricole Bank took the lead among the banks (18th position), having paid a total of 780.1 mln AMD to the

ArmInfo. The number of plastic cards issued by the ArCA member-banks grew 21.6% versus March 2011 to 38,444 cards. The number of active cards for late March 2012 totaled 817.6 thousand versus 609 thousand cards in March 2011 (up 34.2%). The Armenian Card told ArmInfo, in March banks issued

ArmInfo. Central Bank of Armenia has approved Armeconombank's participation in the Avers payment system and Ardshininvestbank's participation in the Migom system. The CB Council adopted the given decision at the April 3 session chaired by CB Chairman Arthur Javadyan, the CB press- service told A

ArmInfo. Three more banks - Armenian Development Bank, Armeconombank and Artsakhbank - have joined the UNISTREAM system in Armenia. The press service of the Central Bank of Armenia (CBA) told ArmInfo that the CBA Board provided the banks with the relevant permit on April 3. Thus, 10 Armenian

ArmInfo. In 2011 number of Anelik money transfer transactions grew by 50% to almost 2,000,000 while their amount grew by 13% to over $1bln. The press service of Anelik Bank reports that nine banks are partners of the Anelik system: Armeconombank, Araratbank, Armenian Development Bank, Artsakh