ArmInfo.

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.Ameriabank issued a Green Bond in EUR for the equivalent of USD 50 million, marking a milestone in the local financial market as the first ever Green Bond project in Armenia. The Green Bond was structured in accordance with internationally recognized ICMA Green Bond Principles (the GBP).

ArmInfo. In connection with the spread of false information about Artsakhbank on the Facebook social network, the Central Bank of the Republic of Armenia issued  the following statement: "Artsakhbank is a licensed organization  under the supervision of the Central Bank of Armenia and acting  within the framework of the regulations of the Central Bank of  Armenia."

ArmInfo.IDBank already has a branch in Shengavit administrative district: it is equipped with the best technological solutions for modern service and stands out with the unique and stylish design of the hall. Shengavit branch also has IDBanking 24/7 service zone, which allows seven days a week, 24 hours a day, to use more than 200 services: cash in /out, replenishment of accounts, utility payments, etc.

ArmInfo.

ArmInfo.Moody’s international rating agency has upgraded IDBank’s long-term foreign and local currency deposit ratings to B2 from B3; outlook changed to stable.

ArmInfo.The promotion campaign took place from June 10 to August 10, 2020 and boosted great interest among Ardshinbank cardholders.The prizes were certificates of health insurance and for health services.

ArmInfo.COVID-19 pandemic has made the digital transformation vitally important. Going online and shifting to online platforms have become a necessity, bringing over certain challenges for many businesses and individuals in Armenia.

ArmInfo. 

ArmInfo.

ArmInfo.Everything has started from one dram: IDBank and Idram have summed up the first phase of the initiative “The power of 1 dram”.

ArmInfo.

ArmInfo. Lydian Armenia is ready for dialogue exclusively within the framework of the law. The company reports, that from September 1 in the area of the Amulsar  field the security services changed due to the expiration of the  contract with the previous security service.

ArmInfo.The appeal of the director of “B.M.L. Arzni” LTD and the bankruptcy manager of the same LTD against the decision of 12.03.20 of the Court of Appeal of RA on the case “B.M.L. Arzni Company against Anelik Bank” was dismissed.

ArmInfo. The Bulgarian "Multigroup Trade" LLC  acquires 89.73% of the shares of the "Brestskoye Pivo" company  ("Brest beer" ) from the Belarusian state. The amount of the deal was  not disclosed. It is only known that the buyer is affiliated with the  influential Armenian businessman Gagik Tsarukyan, who is known in  Belarus for his friendship with Alexander Lukashenko. The Belarusian  portal TUT.BY reports.

ArmInfo.

ArmInfo. A project "TOGETHER" is launched in Armenia, aimed at the construction or modernization of small and medium-sized "smart" livestock farms in 34 border communities of Gegharkunik and Vayots Dzor regions. This was reported by the press service of the RA Ministry of Economy.

ArmInfo.

ArmInfo.  Alex Holding was  fined 24.7 million drams for abuse in the sugar market. This decision  was made at a meeting of the State Commission for the Protection of  Economic Competition (SCPEC).