ArmInfo. Armenia needs to consolidate its banking system and the European Bank for Reconstruction and Development is ready to help, Director of the EBRD Yerevan Office Valeriu Razlog said in response to ArmInfo's question during a press-conference on Tuesday. He said that consolidation is a n

ArmInfo. The European Bank for Reconstruction and Development (EBRD) will provide FINCA Armenia UCO with a synthetic loan worth 4 mln USD within the next few days, Head of the EBRD Yerevan Office Valeriu Razlog told ArmInfo. According to him, the given funds in terms of Armenian Dram will

ArmInfo. ARARATBANK will receive the first tranche of a syndicated loan worth 12 mln USD by late 2011, Head of the EBRD Yerevan Office Valeriu Razlog told an ArmInfo correspondent. He pointed out that the amount and quantity of tranches will depend on the demand of ARARATBANK. He said th

ArmInfo. ARARATBANK will receive the first tranche of a syndicated loan worth 12 mln USD by late 2011, Head of the EBRD Yerevan Office Valeriu Razlog told an ArmInfo correspondent. He pointed out that the amount and quantity of tranches will depend on the demand of ARARATBANK. He said th

ArmInfo. ARARATBANK will receive the first tranche of a syndicated loan worth 12 mln USD by late 2011, Head of the EBRD Yerevan Office Valeriu Razlog told an ArmInfo correspondent. He pointed out that the amount and quantity of tranches will depend on the demand of ARARATBANK. He said th

ArmInfo. The European Bank for Reconstruction and Development (EBRD) holds over its decision to withdraw from the capital stock of one of Armenian banks, Head of the EBRD Yerevan Office Valeriu Razlog told an ArmInfo correspondent without specifying the name of the bank. He said that the issue o

ArmInfo. In Apr 2012 the European Bank for Reconstruction and Development will approve a new assistance strategy for Armenia for 2012-2015. Head of the EBRD Yerevan Office Valeriu Razlog said during a press-conference on Wednesday. Member of the EBRD's Board of Directors Kurt Bayer said that

ArmInfo. Former Deputy Chairman of the Board of VTB Bank Armenia Mher Grigoryan has been appointed as Chairman of the Management Board of Ardshininvestbank. Chairman of the Board of Ardshininvestbank Karen Safaryan says that Grigoryan is a professional and will carry on the bank's best tradit

ArmInfo. An international forum "Global Opportunities of Local Markets – Infrastructure and Regulation" is being held in Yerevan. When opening the forum, Director General of NASDAQ OMX Armenia, Konstantin Saroyan, said that the conference is being held in this format for the first time and it

ArmInfo. Former Deputy Chairman of the Board of VTB Bank Armenia Mher Grigoryan has been appointed as Chairman of the Management Board of Ardshininvestbank. Chairman of the Board of Ardshininvestbank Karen Safaryan says that Grigoryan is a professional and will carry on the bank's best tradit

ArmInfo. On the occasion of its 10th birthday, Unibank has introduced a Holiday-10 high yield deposit for its individual customers. The press service of Unibank reports that the interest rate of the deposit is 12.5%, the minimum size - 400,000 AMD or $1,000, the period - 181-365 days. The dep

ArmInfo. On the occasion of its 10th birthday, Unibank has introduced a Holiday-10 high yield deposit for its individual customers. The press service of Unibank reports that the interest rate of the deposit is 12.5%, the minimum size - 400,000 AMD or $1,000, the period - 181-365 days. The dep

ArmInfo. The summary results of the activities of the European Bank for Reconstruction and Development (EBRD) in Armenia are investments worth over 435 million EUR ($626 million) - about 100 projects. Having launched activities in Armenia in 1994, the EBRD remains one of the constant partners o

ArmInfo. ARARATBANK discusses possibility of issuing shares and implementing IPO, representative of the bank, David Harutyunyan, told journalists today. He also added that the bank has been holding preliminary marketing. The leadership of the bank met representatives of the Estonian Stock E

ArmInfo. VTB Bank Armenia has opened branches in Aparan and Noyemberyan: the Aparan branch was repaired, the Noyemberyan one moved to another building. The presentation of the branches took place June 14. The branches have modern computer equipment and all necessary communications. "N

ArmInfo. ARARATBANK discusses possibility of issuing shares and implementing IPO, representative of the bank, David Harutyunyan, told journalists today. He also added that the bank has been holding preliminary marketing. The leadership of the bank met representatives of the Estonian Stock E

ArmInfo. VTB Bank Armenia has opened branches in Aparan and Noyemberyan: the Aparan branch was repaired, the Noyemberyan one moved to another building. The presentation of the branches took place June 14. The branches have modern computer equipment and all necessary communications. "N

ArmInfo. "Competition in the banking system of Armenia grew in 2010 and the sector became more aggressive", - the head of the EBRD Yerevan office Valeriu Razlog said today when making a speech at the annual meeting of shareholders of Armeconombank. He also added that the growth of crediting