Ruben Vardanyan: Rotation of Ameriabank's Board of Directors is part of a new business culture
 Friday, January 24 2014, 09:40
ArmInfo. Rotation of Ameriabank's Board of Directors is part of a new business culture and the resignation of Ruben Vardanyan, Russian businessman, from the post of the Chairman of Ameriabank's Board of Directors should be considered in the light of this very policy. Now, Vardanyan is a member
Armenian Eurobonds to be listed at NASDAQ OMX Armenia
 Monday, January 20 2014, 14:46
ArmInfo. Armenian Eurobonds will be listed at NASDAQ OMX Armenia, CEO of NASDAQ OMX Armenia Konstantin Saroyan said during the Best Member Awards 2013 in Dilijan. He specified that the bonds will be listed and put into circulation in Q1 2014. This will be the first issue of Armenian Eurobonds
IFC and BSTDB Help Unibank Expand Lending to Small and Medium Enterprises in Armenia
 Friday, December 20 2013, 19:28
ArmInfo. IFC, a member of the World Bank Group, and the Black Sea Trade and Development Bank (BSTDB) are helping Unibank expand access to finance for small and medium enterprises (SMEs) in Armenia, to help them grow and create jobs. The press service of Unibank has told ArmInfo that IFC and B
IFC Issues Inaugural Sevan Bond to Enhance Armenia's Capital Markets
 Monday, December 23 2013, 17:15
Arminfo. IFC, a member of the World Bank Group, today issued a 2 billion dram (approximately $5 million) bond to strengthen Armenia's capital markets and boost lending to the private sector. The bond is IFC's first dram issuance. It is also the first placement by a non-resident issuer and th
IFC and BSTDB Help Unibank Expand Lending to Small and Medium Enterprises in Armenia
 Friday, December 20 2013, 19:28
ArmInfo. IFC, a member of the World Bank Group, and the Black Sea Trade and Development Bank (BSTDB) are helping Unibank expand access to finance for small and medium enterprises (SMEs) in Armenia, to help them grow and create jobs. The press service of Unibank has told ArmInfo that IFC and B
Ameriabank to increase its trade financing portfolio to $70mln
 Wednesday, October 30 2013, 20:50
ArmInfo. By the end of this year Ameriabank is planning to increase its trade financing portfolio to $70mln, Corporate Banking Director of Ameriabank Gagik Sahakyan told journalists on Wednesday. He said that in Q3 2013 the bank's financial instruments and guarantees made up $53mln (29% mor
Ameriabank to increase its trade financing portfolio to $70mln
 Wednesday, October 30 2013, 20:50
ArmInfo. By the end of this year Ameriabank is planning to increase its trade financing portfolio to $70mln, Corporate Banking Director of Ameriabank Gagik Sahakyan told journalists on Wednesday. He said that in Q3 2013 the bank's financial instruments and guarantees made up $53mln (29% mor
Inecobank signs $10mln five-year credit agreement with OeEB
 Tuesday, October 8 2013, 16:51
ArmInfo. Inecobank has signed a $10mln five-year credit agreement with the Development Bank of Austria (OeEB). The press service of the bank reports that the money will be spent on loans to SMEs. "I am happy to inform that our relations with the Development Bank of Austria have been streng
Obtaining sole ownership of Anelik Bank, Credit Bank S.A.L. decides to boost retail services and SME finance at Bank
 Monday, October 7 2013, 22:04
ArmInfo. Anelik Bank has obtained a new strategy where retail services and SME finance will be priority dimensions. The new strategy was announced after CreditBank S.A.L. increased its share in the bank from 89.95% to 100%, Nerses Karamanukyan, newly appointed Chairman of the Anelik Bank Board,
Inecobank signs $10mln five-year credit agreement with OeEB
 Tuesday, October 8 2013, 16:51
ArmInfo. Inecobank has signed a $10mln five-year credit agreement with the Development Bank of Austria (OeEB). The press service of the bank reports that the money will be spent on loans to SMEs. "I am happy to inform that our relations with the Development Bank of Austria have been streng
Lebanese CreditBank increases its stake in Anelik Bank from 89.95% to 100% and appoints Nerses Karamanukyan as Chairman of the bank's Board
 Tuesday, October 1 2013, 18:42
ArmInfo. Lebanese CreditBank S.A.L. has increased its stake in Anelik Bank from 89.95% to 100% and has appointed Nerses Karamanukyan as Chairman of Anelik Bank' Board. The 10.05% stake has been obtained from the former Chairman of Anelik Bank's Board Samvel Chzmachyan, who has been appointed
Obtaining sole ownership of Anelik Bank, Credit Bank S.A.L. decides to boost retail services and SME finance at Bank
 Monday, October 7 2013, 22:04
ArmInfo. Anelik Bank has obtained a new strategy where retail services and SME finance will be priority dimensions. The new strategy was announced after CreditBank S.A.L. increased its share in the bank from 89.95% to 100%, Nerses Karamanukyan, newly appointed Chairman of the Anelik Bank Board,
Lebanese CreditBank increases its stake in Anelik Bank from 89.95% to 100% and appoints Nerses Karamanukyan as Chairman of the bank's Board
 Tuesday, October 1 2013, 18:42
ArmInfo. Lebanese CreditBank S.A.L. has increased its stake in Anelik Bank from 89.95% to 100% and has appointed Nerses Karamanukyan as Chairman of Anelik Bank' Board. The 10.05% stake has been obtained from the former Chairman of Anelik Bank's Board Samvel Chzmachyan, who has been appointed
Asian Development Bank to issue a $10 mln SME finance loan to INECOBANK
 Monday, September 23 2013, 13:29
ArmInfo. INECOBANK and Asian Development Bank (ADB) have signed a $10 million credit agreement for SME finance, INECOBANK press-service told ArmInfo. To upgrade the efficiency of lending procedures, ADB will provide also technical support to INECOBANK. Shannon Seet, an investment specialist
BSTDB and INECOBANK sign a USD 5 million loan agreement
 Tuesday, September 17 2013, 20:27
ArmInfo. The Black Sea Trade and Development Bank (BSTDB) and Inecobank have signed a USD 5 mln loan aimed at providing further support to small and medium enterprises in the country, the press service of INECOBANK told ArmInfo. "We are glad to expand our cooperation with INECOBANK, which is
EFSE greenlights EUR 5 million loan to Inecobank to support MSE credit business in Armenia
 Thursday, September 12 2013, 19:41
ArmInfo. The European Fund for South Eastern Europe (EFSE) - initiated by KfW Development Bank (KfW) with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission - signed a EUR 5 million senior loan with Inecobank in Armenia
Asian Development Bank to issue a $10 mln SME finance loan to INECOBANK
 Monday, September 23 2013, 13:29
ArmInfo. INECOBANK and Asian Development Bank (ADB) have signed a $10 million credit agreement for SME finance, INECOBANK press-service told ArmInfo. To upgrade the efficiency of lending procedures, ADB will provide also technical support to INECOBANK. Shannon Seet, an investment specialist
BSTDB and INECOBANK sign a USD 5 million loan agreement
 Tuesday, September 17 2013, 20:27
ArmInfo. The Black Sea Trade and Development Bank (BSTDB) and Inecobank have signed a USD 5 mln loan aimed at providing further support to small and medium enterprises in the country, the press service of INECOBANK told ArmInfo. "We are glad to expand our cooperation with INECOBANK, which is
EFSE greenlights EUR 5 million loan to Inecobank to support MSE credit business in Armenia
 Thursday, September 12 2013, 19:41
ArmInfo. The European Fund for South Eastern Europe (EFSE) - initiated by KfW Development Bank (KfW) with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission - signed a EUR 5 million senior loan with Inecobank in Armenia
Commerzbank AG gives an award to INECOBANK for high quality of international payments
 Monday, August 26 2013, 16:34
ArmInfo. Commerzbank AG (Germany) has given an award to INECOBANK for the high quality of international payments made via Commerzbank AG in 2012. The press service of INECOBANK has told ArmInfo that 98% of the transfers made via Commerzbank AG meet the STP international standards. To no


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