IDBank joins the International Chamber of Commerce
 Friday, April 26 2019, 20:14

ArmInfo.IDBank is the first Armenian bank to officially join the International Chamber of Commerce (ICC), becoming a member of the ICC National Committee Armenia (ICC NCA).

Minister: A 10-year program worth $ 700 million is implemented in  "Armenian Electric Networks" CJSC
 Thursday, April 18 2019, 18:00

ArmInfo. A 10-year program worth $ 700 million is being implemented in "Electric Networks of  Armenia" CJSC. Acting Minister of Energy Infrastructures and Natural  Resources Garegin Baghramyan announced this on April 18 from the  rostrum of the National Assembly of Armenia.According to him, as a  result of the project implementation, by 2026 a fully renovated  electric grid facilities will be formed in Armenia. At the same time,  the level of losses will be 6%, which corresponds to the best  European standards. 

Ameriabank opened 8th regional branch in Abovyan
 Wednesday, April 17 2019, 17:43

ArmInfo.Ameriabank opened another regional branch - "Abovyan" in the city of Abovyan, Kotayk region, which is located at Constitution 7/2. In total, this is the  19th branch of the bank, and the 8th in the regions.

 Tuesday, April 16 2019, 19:47

ArmInfo.

Ameriabank financed economy of Armenia for 2007-2018 with more than $  4.5 billion (video)
 Saturday, April 13 2019, 13:39

ArmInfo.Ameriabank placed loans for more than $ 4.5 billion in the economy of Armenia for 2007-2018. Of this amount, $ 674 million accounted for financing of SMEs. As the press service of the bank told ArmInfo, in total the average y-o-y  growth in lending to the economy amounted to 39.5%, while the SME  sector in particular - 41%. During this period, over 1.2 billion  drams were directed to export financing by the bank.  The share of  Ameriabank loans in Armenia's GDP grew from 2007-2018 from 0.18% to  5.07%.

Minister of Economic Development and Investments on a possible  successor to "Spayka" LLC: if there is a gap, something will fill it 
 Thursday, April 11 2019, 14:14

ArmInfo.Armenian Minister of Economic Development and Investments Tigran Khachatryan does not think that tax claims against Spayka are aimed at "expelling" the  company from the agricultural market. Khachatryan stated this on  April 11 in an interview with journalists.

Ameriabank has the only loan portfolio in Armenia that exceeds $ 1  billion
 Wednesday, April 10 2019, 20:06

ArmInfo.Ameriabank has the only credit portfolio in Armenia that exceeds $ 1 billion, amounting to $ 1.166 billion as of January 1, 2019, against $ 9 million ten years  earlier (almost 130 times increase). The press service of the bank  told ArmInfo that primacy is also retained on assets - $ 1.612  billion, against $ 44.5 million ten years ago (an increase of more  than 36 times). The volume of investment attracted by banks increased  over 10 years (2007-2018) from $ 5.7 million to $ 132.7 million (an  increase of 23.3 times).Ameriabank also leads in total liabilities,  the volume of which increased over the ten-year period from $ 33  million to $ 1.426 billion (an increase of 43.2 times). 

Former head of the Ministry of Finance: with Lydian may cost much to Armenia
 Wednesday, April 10 2019, 17:52

ArmInfo. with the Lydian mining company, which operates the Amulsarskoye field, may adversely affect the overall investment image of Armenia and the plans for issuing new Eurobonds in 2020. In an interview with ArmInfo, former Minister of Finance of Armenia Vardan Aramyan stated this opinion

 Friday, April 5 2019, 20:08

ArmInfo.

WB approved a new $ 500 million credit line for Armenia for the next  4 years
 Friday, March 29 2019, 21:16

ArmInfo.World Bank (WB) Board of Directors on March 28 approved a new credit line of $ 500 million for Armenia to ensure sustainable and inclusive growth and  improve the welfare of the country's population within the framework  of the Country Partnership Framework CPF) for 2019-2023.

Ameriabank leads in terms of volume of factoring operations
 Friday, March 22 2019, 16:13

ArmInfo. Ameriabank leads in terms of volume of factoring operations, providing a portfolio of 11 billion drams in 2018 with a y-o-y growth of 59%. To date, the  factoring portfolio of the bank already exceeds 12 billion drams. As  the Bank's press service told ArmInfo, the dominant part of these  operations falls on export factoring, in which Ameriabank closely  cooperates with the Export Insurance Agency of Armenia, which gives  exporters the opportunity from a financial point of view to build  more efficient and reliable business relations with foreign partners.

Ameriabank offers to use Visa PaySticker for non-cash transactions
 Thursday, March 21 2019, 07:47

ArmInfo. Ameriabank offers the use of a Visa PaySticker sticker for non-cash transactions, the advantages of which can be found here: https://youtu.be/TgrnRItN77k

Artak Anesyan: Over the past 10 years, Ameriabank has allocated over  $ 4.5 billion to finance the Armenian economy
 Tuesday, March 19 2019, 20:19

ArmInfo. Over the past 10 years, Ameriabank has directed over $ 4.5 billion in loans to the Armenian economy, of which $ 1.2 billion accounted for financing of exports.  On March 19, during the final press conference of the Union of Banks  of Armenia, the head of UBA, Chairman of the Directorate, Director  General of Ameriabank Artak Anesyan informed this. 

EU and International Finance Institutions step up cooperation for  large-scale energy efficiency measures in buildings in Armenia 
 Tuesday, March 19 2019, 11:58

ArmInfo. On 18 March 2019  Lawrence Meredith,  Director for Neighbourhood East at the European Commission and  leading International Financing Institutions (IFIs) are on a joint  mission in Yerevan to discuss policy priorities and sustainable  investment solutions for energy efficiency in buildings, both public  and private.

Ameriabank acted as the main creditor in a major transaction for the  purchase of shares of the Kapan Mining
 Thursday, March 14 2019, 20:11

ArmInfo. For the first time in  the mining industry of Armenia, the transaction of buying shares of a  large enterprise was financed with the credit support of commercial  banks, which collectively provided $ 40 million to the investor. 

Ameriabank tightens retail lending for leading positions
 Thursday, March 14 2019, 18:24

ArmInfo. Ameriabank, holding the leadership in the main financial indicators, pulls up retail lending to the leading positions in the banking system of Armenia.

 Saturday, March 9 2019, 15:51

ArmInfo.

EBRD President: In the new strategy of cooperation with Armenia, an  important place will be given to projects for small and medium  enterprises
 Saturday, March 9 2019, 13:10

ArmInfo. Prime Minister Nikol Pashinyan received a delegation led by Suma Chakrabarti, President of the European Bank for Reconstruction and Development, the press service of Armenian Prime Minister reports.

 Tuesday, March 5 2019, 16:14

ArmInfo.

US based DWM becomes a new shareholder of INECOBANK CJSC
 Tuesday, March 5 2019, 16:03

ArmInfo. Today Inecobank CJSC has announced the completion of a private transaction between the European Bank for Reconstruction and Development (EBRD) and US based developing World Markets (DWM) investment company, according to which the later acquired part of EBRD shares of Inecobank CJSC. Under the terms of this transaction, DMW becomes a shareholder with 5% of the total shares at Inecobank CJSC.



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