ArmInfo. This year, one of the largest banks in Armenia, ACBA Bank, has made an extremely serious claim in the market. Due to the accumulated profit, the bank increased its authorized capital from 30 to 50 billion drams, and in mid-September announced an open and free subscription to its shares for a total of 7.5 billion drams.

ArmInfo. In an interview for GlobalMarkets, Artak Hanesyan, Ameriabank’s CEO, explains the bank’s strategy and highlights some of the key reasons for its success in the Armenian market.  

ArmInfo.Mr. Francis Malige, Managing Director, Financial Institutions for the EBRD, speaks on how challenging the 2020 was for EBRD, the global economy recovery after the crisis, likelihood of new projects and opportunities, current state of the banking system in Armenia and fruitful cooperation with Ameriabank.

ArmInfo.Mr. Francis Malige, Managing Director, Financial Institutions for the EBRD, speaks on how challenging the 2020 was for EBRD, the global economy recovery after the crisis, likelihood of new projects and opportunities, current state of the banking system in Armenia and fruitful cooperation with Ameriabank.

ArmInfo.SHASTA, the large Iranian holding, the investment arm of the Social Security Investment Company (SSIC), is considering investing in a number of areas in  Armenia. This became known after the meeting of the Minister of  Economy of Armenia Vahan Kerobyan with the delegation of the Iranian  holding, headed by Director General Mohammad Rezvanifar.

ArmInfo.Ms. Sabine Gaber, member of the Executive Board at OeEB (Development Bank of Austria), talks about OeEB’s mission, actions taken in response to the economic impact of the pandemic in the developing countries and the long-lasting and successful partnership with Ameriabank. 

ArmInfo.5 November, 2020 Ameriabank has entered into long-term subordinated loan agreement with Symbiotics SA for USD 15 million, with possible increase up to USD 25 million. The funds qualify as Bank Tier 2 capital instrument under Basel III framework and are aimed at strengthening the overall capital position of the Bank.

ArmInfo.

ArmInfo.

ArmInfo. The communications market of Armenia ceases to be part of the world telecom and is locked within its small borders. The news published in the media that MTS following VEON is going to leave Armenia is depressing.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.  The winner of the State  Prize of Armenia Global IT Award -2019 was a Japanese computer  scientist and one of the world's leading computer vision researchers  Takeo Kanade. This was announced at a November 20 press conference at  the RA Ministry of High Technology Industry.

ArmInfo. From an institutional point of view, the main factor hindering the investment  environment in Armenia is the underdevelopment of the securities  market, which creates problems for both business and citizens. This  opinion was expressed on November 14 by Prime Minister Nikol  Pashinyan during his speech at an event dedicated to the results of  the year of activity of the US Chamber of Commerce in the Republic of  Armenia.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.