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.

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.

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.

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.

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.

ArmInfo.Customers also have the opportunity to create a PIN code

ArmInfo.Ardshinbank offers more convenient banking services in Goris branch at Tatevatsi 9 street, which officially opened its doors on February 18 after major renovation.

ArmInfo.

ArmInfo.Ardshinbank customers have the opportunity to go on "Credit vacation" when refinancing a loan in Armenian Drams secured with real estate. By transferring the real estate loan to Ardshinbank, the customer will have the opportunity to use "Credit Vacation", which means 0% interest rate and free service during the first 6 months.

ArmInfo. In Armenia, the number of plastic cards increased by January 1, 2020 by 18.1% per annum - up to 2.4 million units, against almost similar growth a year  earlier (by 18%). And the total volume of plastic transactions slowed  down the growth from 22.6% in 2018 to 21.3% in 2019, exceeding 2.3  trillion AMD. This is evidenced by the data of the Central Bank of  Armenia.

ArmInfo. Armenia has a stable macroeconomic environment and a favorable investment environment, a good investment climate and high macroeconomic indicators.  President of the Black Sea Trade and Development Bank (BSTDB) Dmitry Pankin  expressed this opinion on February 10 at a press conference in the  Central Bank of Armenia.

ArmInfo. In 2019, the banking system of Armenia increased tax payments to the state  treasury by 7.7% - up to 54.6 billion drams ($ 114 million). Of this  amount, 94.5% or 51.6 billion drams were paid in direct taxes, with a  y-o-y growth of 23.8%.

ArmInfo.Funds raised from Ardshinbank's Eurobonds will be used to implement ambitious programs for large enterprises of Armenia that are the bank's customers. This  was stated in an interview to a television channel by the Chairman of  the board of "Ardshinbank" CJSC Artak Ananyan.  In this context, he  added that part of the funds will also be directed to stimulate and  increase the volume of mortgage lending, which, according to him,  will lead to lower interest rates. 

ArmInfo.On January 21, 2020, Ardshinbank successfully priced its new RegS / 144A US$300mm 5-year eurobonds rated Ba3 by Moody’s and B+ by Fitch. The issuance was first non-sovereign index-eligible issuance out of Armenia. The bonds are listed on the Irish Stock Exchange and clear through DTC, Euroclear and Clearstream. The offering has been conducted with the help of Citigroup Global Markets Limited and Renaissance Securities (Cyprus), that acted as lead managers for the transaction

ArmInfo. Ardshinbank, rated Ba3/-/B+, sold its $300m five year bond from a book of over $450m through joint bookrunners Citi and Renaissance Capital. The deal was  sold at par with a coupon of 6.5%, according to the information  published on the website Global Capital.

ArmInfo.On December 17, Aparan branch of Ardshinbank welcomed its customers in a newly renovated and fully upgraded environment. The branch is modernized and meets all modern banking requirements. Aparan is the 12^th branch, that has been modernized by the Bank this year as part of a large program for the renovation of the branch network, thanks to which customers can benefit from a wide range of banking services in a modern, comfortable and well-equipped service hall.

ArmInfo. In Armenia, the number of plastic cards increased by October 18, 2019 by 18.4% per annum - up to 2.283 million units, against an increase of 17.9% a  year earlier. And the total volume of plastic transactions, almost  repeating the pace of last year (24.5% for 9 months of 2018), grew by  24% per annum for 9 months of 2019, exceeding 1.7 trillion drams.  This is evidenced by the data of the Central Bank of Armenia.

ArmInfo. Ardshinbank December 16 this year will begin the initial placement of non-documentary coupon dollar bonds in the amount of $ 5 million. As evidenced by the  emission prospectus posted on December 11 on the Central Bank's  website, 50 thousand bonds with a par value of $ 100 each, with a  coupon yield of 5.25% and a periodicity of payment of times are  provided to the quarter. The maturity date of the bonds of this issue  is dated March 16, 2022.

ArmInfo. "Agency of Rating Marketing Information" (ArmInfo IC) published and provided its subscribers with a jubilee, hundredth, informational and analytical quarterly newsletter "Financial Ratings of Armenian Banks". "This is  commensurate with ArmInfo's 25 years of presence in the country's  financial analytics market," ArmInfo CEO Emmanuil Mkrtchyan said.

ArmInfo.Ardshinbank offers “Jerm Ojakh” loan aimed at energy-efficient home renovation. The loan is provided without collateral with a maximum 3 million loan amount. The main condition for the borrowers is that at least the 40% of the loan amount must be spent on energy efficiency measures and equipment. However, the borrower receives up to 15% bonus from the loan amount.