ARMSWISSBANK CJSC have reduced interest rates on mortgage loans which  provides since August 1, 2018, in particular the Bank offer:
 Wednesday, August 1 2018, 16:25

ArmInfo.Within the framework of program "National Mortgage Company"  UCO CJSC for the mortgage loans offer 10,5%- 11,5% annual interest rates.

$ 100 million to be invested in repatriation project Build Armenia
 Friday, July 20 2018, 19:37

ArmInfo.  Swiss businessman of  Armenian origin, co-founder of the Swiss watch brand Franc Muller and  chairman of the board of Armswissbank CJSC Vardan Sirmakes initiated  a new project in Armenia - the Build Armenia Foundation, which was  joined by more than a dozen Armenian Diaspora businessmen.

Portfolio of the program of subsidizing agro-credits in the  processing sector of Armenia in 2018 amounted to 18 billion AMD
 Wednesday, June 20 2018, 19:21

ArmInfo.The portfolio of the  program of subsidizing the interest rates of agrocredits in the  processing sector of Armenia in 2018 was 18 billion drams. As the RA  Ministry of Agriculture press-service informs, the maximum loan  amount per one borrower reaches 1 billion AMD.

On plastic market of Armenia, volume of non-cash transactions increased in Q1 2018 at 67.9% per annum
 Tuesday, May 15 2018, 17:09

ArmInfo. In Armenia, the number of plastic cards increased in the first quarter of 2018 at 14.9% per annum - up to 1.785 million units, against the decline of 10.8% a year earlier.  Adequately, the annual growth in the total volume of plastic transactions from 0.8% in the first quarter of 2017 to 38.6% in the first quarter of 2018 was dramatically accelerated, making 440.6 bln AMD. This is evidenced by the data of the Central Bank of Armenia.

EBRD concluded first repo transaction with Armswissbank, providing 2.3 bln AMD for Armenian Eurobonds
 Tuesday, April 3 2018, 17:48

ArmInfo. The European Bank for  Reconstruction and Development (EBRD) concluded the first reverse  repurchase agreement with one of Armenia's leading banks -  Armswissbank, providing 2.3 billion AMD to secure Armenian USD  government bonds. The deal was concluded within the framework of the  Global Main Repo Agreement (GMRA) signed between the participants in  January 2018, which gives the parties the opportunity to enter into  joint repo deals.

Dolar issue of ARARATBANK was listed on Nasdaq OMX Armenia stock exchange
 Tuesday, April 3 2018, 13:40

ArmInfo. April 3, the dollar issue of registered coupon bonds of ARARATBANK in the amount of $ 8 million was listed and entered the main list (Abond) of the Nasdaq OMX Armenia stock exchange. As the press service of the exchange informs, the bonds are admitted to conclusion of targeted trading and repo deals.

EIAA`s insurance portfolio reached 4.534 billion AMD by 2018
 Friday, March 23 2018, 15:32

ArmInfo. Following the results of 2017, the insurance portfolio of SJSC "Export Insurance Agency of Armenia" totaled 4.534 billion drams, while the final figure was planned at 3 billion drams (in 2016 the figure reached 2.185 billion drams, and in 2015 it was 0, 39 billion).  Armen Shahnazaryan, Executive Director of the EIAA, told a press conference on March 22 when answering the question of ArmInfo. Previously, the government of Armenia in its program of activities for 2017-2022. according to the results of 2018, it fixed expectations of growth of insured transactions to almost 4.5 billion drams.

The share of foreign capital in the total authorized capital of the banking system of Armenia declined for 4 years from 74.6% to 61.8%
 Friday, March 2 2018, 17:53

ArmInfo. The share of foreign capital in the total authorized capital of Armenian banks decreased from 2014 to 2017 from 74.6% to 61.8%. During this period, four participants emerged from the banking market, of which three were "daughters" of foreign banks. This is the German ProCredit Bank, Kazakhstan's BTA and Russian Gazprombank.

Ardshinbank, Armbusinessbank and UCC "DICA" are involved in the state program of subsidizing agrocredits
 Tuesday, February 27 2018, 18:31

ArmInfo. Ardshinbank,  Armbusinessbank and UCC "Development and Investment Corporation of  Armenia" (DICA, formerly referred to as UCC "Investments") have  joined the state program of subsidizing interest rates on  agrocredits. ArmInfo was informed about this in the press service of  the RA Ministry of Agriculture.

The dollar issue of Armbusinessbank was listed on the NASDAQ OMX Armenia
 Tuesday, February 27 2018, 13:46

ArmInfo. On February 27, the dollar issue of the Armbusinessbank coupon bonds was listed on the Nasdaq OMX Armenia stock exchange, including in the list of Bbond and the admission to the conclusion of targeted trade and repo deals.

Mortgage is increasing at falling property prices
 Tuesday, February 20 2018, 17:46

ArmInfo. In Armenia, against  the background of a fall in property prices, the mortgage is gaining  momentum. According to the Financial Rating of the Armenian Banks  prepared by IC ArmInfo, parallel to this, the volume of bank mortgage  lending came out of the 1.5% decline by 14.4%, to 215.2 billion drams  or $ 444.5 million, which was accompanied by a decrease in mortgage  rates loans for 2017 from 12.2% to 10.6% on average. Meanwhile, over  the past year the average market value of housing has decreased by  2.8% (against growth of 0.6% in 2016).

Central Bank of Armenia: The volume of plastic transactions increased by 11.8% in 2017, with the number of cards growing by 9.2%
 Friday, February 16 2018, 19:39

ArmInfo. In Armenia, the number of plastic cards increased by 9.2% in 2017 to 1.715 million units, against the decline of 9.2% a year earlier. Adequately this has been improved by the trend of the total volume of plastic transactions with the exit from the 2.1% decline in 2016 by 11.8% growth in 2017 - to 1.6 trillion AMD. Central Bank's data reads.

Converse Bank has started issuing agricultural loans under state subsidy
 Wednesday, February 14 2018, 15:04

ArmInfo. On February 7, memorandums were signed with this purpose with the Ministry of Agriculture and Rural Areas Economic Development Programmes Implementation Unit.

Armenian banks for 2017 sent 40.1 billion AMD to state treasury with annual growth of 16.6%
 Friday, February 9 2018, 19:02

ArmInfo.  In 2017, the Armenian banking system sent 40.1 billion AMD of taxes to the state treasury, which is 16.6% higher than the figure of a year ago. Of this amount, over 89% or 35.7 billion AMD was paid on direct taxes (including income tax and income tax), with an annual growth of 18.6%.

Converse Bank begins subsidized Agrobusiness
 Thursday, February 8 2018, 17:21

ArmInfo. Converse Bank  proceeds to subsidized agroloaning.  The Memorandum of Cooperation  within the framework of the program of subsidizing interest rates on  loans for the laying of intensive fruit-and-berry gardens processed  using advanced technologies and for the installation of drip  irrigation systems and anti-hail systems was signed by the Director  for Corporate Business of Converse Bank Rostom Badalyan, Deputy  Minister of Agriculture Ashot Harutyunyan and acting director of the  office for the implementation of programs for the economic  development of rural communities Vahe Harutyunyan.

UCC "Farm Credit Armenia" and Armswissbank join the program of subsidizing interest rates of agrocredits
 Friday, February 2 2018, 19:04

ArmInfo. Deputy Minister of  Agriculture Ashot Harutyunyan, Ph.D. Director of the Office for the  Implementation of the Agricultural Development Program Vahe  Harutyunyan, Chief Executive Officer of the UCC "Farm Credit Armenia"  Armen Gabrielyan and Deputy Chief Executive of Armswissbank Grigor  Hovhannisyan signed a memorandum on cooperation in subsidizing  interest rates on loans for intensive fruit and berry gardens using  advanced technologies, to install drip irrigation systems and  anti-hail grids.

In 2018, loan portfolio of pilot program for subsidizing loan rates for processing companies will amount to 18 billion AMD
 Friday, February 2 2018, 18:55

ArmInfo. In 2018, the loan  portfolio of the pilot program for companies engaged in processing  fruit and vegetable crops and grapes will be about 18 billion AMD,  and the maximum loan amount per one borrower is 1 billion AMD. This  was reported by the press service of the RA Ministry of Agriculture.

Agriculture Ministry: State program portfolio on subsidization on agricultural loan rates for harvesting agricultural raw materials amounted to 18 billion AMD
 Tuesday, January 16 2018, 19:45

ArmInfo. The portfolio of the  state program for subsidizing rates on agro-loans for harvesting  agricultural raw materials amounted to 18 billion AMD. ArmInfo was  informed about this by the press service of the RA Ministry of  Agriculture, explaining that the maximum amount of the loan within  the framework of this program is set at 1 billion AMD.

Dollar tranche of Ameriabank bonds was listed on Nasdaq OMX Armenia
 Tuesday, January 9 2018, 19:56

ArmInfo. January 9 2017, the  dollar issue of the nominal coupon bonds of Ameriabank was listed on  the Nasdaq OMX Armenia stock exchange, entered the main list of Abond  and allowed to enter into targeted trading and repo deals.

USD DENOMINATED COUPON BONDS BY ARMBUSINESSBANK CJSC LISTED ON NASDAQ OMX ARMENIA
 Tuesday, December 19 2017, 19:07

ArmInfo. Starting from  December 19, 2017 USD denominated nominal coupon bonds issued by  "ARMBUSINESSBANK" CJSC will be listed on NASDAQ OMX Armenia and  included in the bonds' secondary (Bbond) list.   



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