Armswissbank`s bonds are bought up like hot cakes
 Wednesday, June 3 2020, 20:48

ArmInfo. Armswissbank's dollar-denominated bonds, the placement of which by open subscription started on June 1, sold up to $ 10 million in full. According to the  press service of the bank, it was originally planned to complete the  placement of this tranche before July 1.

Armswissbank successfully placed the third tranche of its AMD bonds
 Tuesday, June 2 2020, 13:31

ArmInfo.Armswissbank successfully placed the third tranche of its AMD registered coupon bonds. As the press service of the bank told ArmInfo, the bonds of this issue  (AMSWISB2CER2) were placed at the Stock Exchange of Armenia as a  result of which the bonds with a nominal value of AMD 9,700 bln were  fully placed, demand exceeded supply by almost 14%.

Assets of Armenian banking system approach $ 12 billion
 Wednesday, May 20 2020, 20:24

ArmInfo. The assets of the banking system of Armenia slowed down annual growth from 16.1% to 15.3%, amounting to 5.9 trillion drams ($ 11.7 billion) as of April 1, 2020.  According to the Express-Ranking of Banks of Armenia, prepared by ArmInfo IC, in their structure credit investments and other loans  reached 3.8 trillion drams ($ 7.5 billion), with annual growth  accelerating from 16.2% to 20.4%.

Armenian banking system increased net profit for the I quarter of  2020 by 40% per annum
 Wednesday, May 20 2020, 20:19

ArmInfo. The banking system of Armenia increased its net profit in the first quarter of 2020 by 40% per annum to 23.3 billion drams ($ 46.3 million), while a year earlier a subsidence of 17.4% was recorded.

“Armswissbank” CJSC was selected as partner of European investment Bank within the program “Private sector financing for Small and Medium-sized Enterprises (SMEs) and MidCaps”
 Thursday, May 7 2020, 18:19

ArmInfo. “ARMSWISSBANK” CJSC was selected as partner financial institution of European Investment Bank within the scope of the “Private sector financing for Small and Medium-sized Enterprises (SMEs) and MidCaps” program.

By April share of non-cash card transactions reached 30% with an  increase of 53.4% per annum in Armenia
 Monday, May 4 2020, 14:45

ArmInfo.By April 1, 2020 the share of non-cash card transactions reached 30% of the total volume of plastic transactions in Armenia.

 Tuesday, April 28 2020, 09:01

ArmInfo.

 Thursday, April 23 2020, 17:00

ArmInfo.

ArmSwissBank and Armenian Leasing Company will cooperate in provision  of financial services
 Wednesday, March 4 2020, 15:57

ArmInfo. ArmSwissBank and the Armenian Leasing Company will cooperate in the provision of financial services. The heads of the two structures Gevorg Machanyan and Arsen Bazikyan signed the cooperation agreement yesterday.

The number of Visa cards will soon reach 1 mln in the plastic market  of Armenia
 Wednesday, February 12 2020, 14:18

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.

In 2019, Armenian banks increased tax payments to the state treasury  by 7.7% - up to $ 114 million
 Friday, January 31 2020, 20:42

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%.

Armswissbank launched the 2nd phase of the KfW program "Energy  Efficiency for SMEs"
 Thursday, January 9 2020, 10:44

ArmInfo. Armswissbank, within the framework of a loan agreement concluded with the Central Bank of Armenia, has launched the second phase of the German  development bank KfW loan program "Energy Efficiency for SMEs".

CBA: Armenian card market is gaining momentum
 Thursday, December 12 2019, 19:24

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.

For 9 months of 2019, Armenian banks paid AMD 42.3 billion of taxes  with an increase of 10% per annum
 Thursday, October 31 2019, 21:10

ArmInfo. In January-September 2019, the banking system of Armenia sent 42.3  billion drams in taxes to the state treasury, which is 10% higher  than a year ago. Of this amount, 94.5% or 40 billion drams were paid  on direct taxes (including profit tax, income tax), with y-o-y growth  of 15.9%.

Y-o-y growth in net profit of Armenian banking system slows down
 Thursday, October 24 2019, 17:54

ArmInfo. According to the results of 9 months of 2019, the net profit of the banking system of Armenia amounted to 60.9 billion drams or $ 128 million. The annual  growth of this indicator slowed down to 17.7% from last year's 81.3%.  According to the Express Ranking of Banks of Armenia prepared by  ArmInfo IC as of September 30, 2019 for the Q3 alone net profit  growth turned out to be meager - 0.8%, which is nevertheless better  than the dynamics of the same quarter of last year, when a decline of  6.9% was recorded.

Executive Director of Armswissbank Gevorg Machanyan received the  honorary title  "Friend of Echmiadzin"
 Thursday, October 10 2019, 16:39

ArmInfo.At the 2704th anniversary of the Etchmiadzin, a ceremonial meeting in the Palace of Culture named after Komitas, held on October 8 this year, Executive  Director of Armswissbank Gevorg Machanyan received the honorary title  "Friend of Echmiadzin" for his constant and significant support to  the city. ArmInfo was informed about this in the press service of the  bank.

CBA: Annual growth in plastic transaction volume slows as card number  growth accelerates
 Friday, October 4 2019, 12:40

ArmInfo.In Armenia, the number of plastic cards accelerated growth in the first half of 2019 compared to the same period in 2018 from 15.7% to 18%, reaching 2.184  million. At the same time, the annual growth in the total volume of  plastic transactions slowed down to 19.3% in the first half of 2019  from 22.9% in the first half of 2018, amounting to 1.031 trillion  drams. This is evidenced by the Central Bank of Armenia.

ARMSWISSBANK and Solaron jointly implement projects to expand use  of clean energy technologies in Armenia
 Tuesday, September 3 2019, 13:22

ArmInfo.Attaching importance to the role and importance of social responsibility and encouraging the expansion of the use of clean energy technologies in Armenia,  ARMSWISSBANK  and Solaron solar panel manufacturing company  jointly  implemented a project to equip the roof of the Melkonyan family home  with 5.4 kW solar panels.

In h1 of 2019, Armenian banks sent about $ 62 million tax to the  state treasury
 Thursday, August 22 2019, 17:28

ArmInfo.In the h1 of 2019, the banking system of Armenia sent 29.4 billion drams or about $ 62 million tax to the state treasury, which is 6.5% higher than the  indicator a year ago. Of this amount, over 95.2% or 28 billion drams  were paid on direct taxes (incl. profit tax and income tax), with an  YOYgrowth of 16.2%.

In H1 of 2019, the Armenian Stock Exchange registered an increase in  almost all indicators
 Wednesday, August 14 2019, 17:50

ArmInfo.According to the results of the h1 of 2019, the AMX stock exchange on the securities market registered an increase in almost all indicators. This is  stated in the official message of the exchange.



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