ArmInfo. Artsakhbank replenished the bank's authorized capital by 4,5 billion AMD by attracting a new stockholder in the name of "Armenia Business Fund" OJSC. As the banks press-office reported to ArmInfo, as a result, the authorized capital reached 11061.150 million AMD. Before that as of Janu

ArmInfo. As the Central Bank of Armenia requires the banks to meet a new lower limit of total capital by 2017, many Armenian banks face a serious test, the analysts of AmRating national rating agency have told ArmInfo's correspondent. AmRating experts believe that the CBA's decision on increase

ArmInfo. As of now Armenian banks have lent a total of 60bln AMD to as many as 63,000 farmers, President of Armenia's Central Bank Artur Javadyan said during parliamentary hearings of Armenia's draft national budget 2015 on Tuesday. He said that this year the rates of the loans dropped from 1

ArmInfo. Siranush Manucharyan. ACBA-Credit Agricole Bank, HSBC Bank Armenia, Ameriabank, VTB Bank (Armenia) and Ardshininvestbank paid 54.28% of all taxes paid by Armenian banks in Jan-June 2014. In Jan-June 2013 their share was 53.79%. According to the State Revenue Committee of Armenia, the l

ArmInfo. 11 out of the 21 commercial banks of Armenia found themselves among the top hundred taxpayers in Armenia in Q1 2014. The top 5 banks are ACBA-Credit Agricole Bank, VTB Bank (Armenia), HSBC Bank Armenia, Ardshininvestbank and Unibank. According to the State Revenue Committee of Armeni

ArmInfo. During today's visit to the Central Bank of Armenia (CBA), Armenian President Serzh Sargsyan familiarized himself with the activities of the CBA's major departments and discussed the situation in the financial sector, key directions of development, as well as challenges and scenarios to

ArmInfo. Armenia's banks are most active in financing trade, industry, agriculture and construction. In Q4 2010 till Q1 2011 industry enjoyed the biggest share in the banks' loan book, in Q2 2011 till Q2 2013 the biggest borrower was trade, since Q2 2013 the banks' have been most active consumer

ArmInfo. VTB Bank (Armenia) launches cooperation with "IKO Machinery" Llc, official dealer of "Komatsu" company in Armenia, in the field of financial leasing. At present Komatsu Group comprises 188 companies engaged in manufacture of construction, mining and utility equipment, the Bank's pre

ArmInfo. A group of the victims of a housing fraud by Tonus Construction LLC and Artsakh Bank are planning a protest action in front of the bank's Nairi Branch in the center of Yerevan on Saturday morning. In 2006 Tonus Construction made a deal with almost 700 people to build for them apartme

ArmInfo. VTB Bank (Armenia) launches cooperation with "IKO Machinery" Llc, official dealer of "Komatsu" company in Armenia, in the field of financial leasing. At present Komatsu Group comprises 188 companies engaged in manufacture of construction, mining and utility equipment, the Bank's pre

ArmInfo. VTB Bank (Armenia) expands geography of UNIStream transfers, the bank's press-service told ArmInfo. Now the bank offers addressless money transfers via UNIStream system to Albania, Bulgaria, Vietnam, Lithuania, Mongolia, Czech Republic, UK, and Israel. The recipient can receive the tran

ArmInfo. VTB Bank (Armenia) expands geography of UNIStream transfers, the bank's press-service told ArmInfo. Now the bank offers addressless money transfers via UNIStream system to Albania, Bulgaria, Vietnam, Lithuania, Mongolia, Czech Republic, UK, and Israel. The recipient can receive the tran

ArmInfo. Over Jan-Sept 2013, 10 banks have found themselves among the top 100 largest taxpayers of Armenia. The top five of them includes HSBC Bank Armenia, VTB Bank (Armenia), ACBA-Credit Agricole Bank, Ardshininvestbank and Ameriabank. The State Revenue Committee of Armenia reports that ov

ArmInfo. VTB Bank (Armenia) expands geography of UNIStream transfers, the bank's press-service told ArmInfo. Now the bank offers addressless money transfers via UNIStream system to Albania, Bulgaria, Vietnam, Lithuania, Mongolia, Czech Republic, UK, and Israel. The recipient can receive the tran

ArmInfo. In Jan-June 2013 as compared with Jan-June 2012 the SME lending portfolio of Armenia's banks grew by 9.2% to 469bln AMD ($1.1bln) or 26.4% of all loans. In Q2 2013 the index grew by just 0.3%. According to ArmInfo's Ranking of Banks of Armenia, the leaders in this segment are ACBA-Cr

ArmInfo. The people that acquired flats in a new residential building of Tonus Construction Company in Davidashen community in Yerevan (near the house No 46) appealed to the Presidential Administration on May 24 with a letter to President Serzh Sargsyan and received a reply. In their letter to

ArmInfo. Armenia Central Bank Board approved Ameriabank's joining UNIstream money transfer system on March 19, the CB press-service told ArmInfo. Ameriabank reports that it operates also on the international money transfer systems MoneyGram, Interexpress, and Bistraya Pochta. UNISTREAM is an

ArmInfo. Tax payments by Armenian banks for 2012 totaled 25.8 bln drams with a 19.4% growth versus 2011, President of the Union of Armenian Banks Ashot Osipyan told media. Thursday. By data of the State Revenues Committee published on Wednesday, tax revenues from the banking system of Armenia g

ArmInfo. The Central Bank of Armenia has approved Converse Bank's participation in UNIstream money transfer system. The press service of the CBA told ArmInfo that the CBA Board too this decision at today's session. According to Converse Bank, its also carries out international money transfers vi