ArmInfo.Starting today, Ardshinbank, together with the SAS supermarket chain, will provide food for more than 870 pensioners aged 76 years and older. Also, Ardshinbank will provide financial assistance to more than 2,400 retirement age clients in all regions of the country.

ArmInfo.The Black Sea Trade and Development Bank (BSTDB) granted Ardshinbank the fifth loan in the amount of $ 20 million to finance small and medium enterprises (SMEs) in Armenia. This deal demonstrates the close partnership between the  two banks and their common goal is to support the development of the  SME sector, Ardshinbank said in a statement.

ArmInfo.

ArmInfo.Fitch Ratings has  affirmed ACBA-Credit Agricole Bank CJSC's (ACBA) and Ardshinbank  CJSC's (Ardshin) Long-Term Foreign- Currency Issuer Default Ratings  (IDRs) at 'B+' with Stable Outlooks.  The banks' IDRs and senior debt  ratings are driven by their intrinsic strength, as captured by their  'b+' Viability Ratings (VRs).

ArmInfo.As of March 16, the Central Bank of Armenia did not make any decisions on suspension of the work of branches of commercial banks of Armenia. This was  reported by the press service of the CBA.

ArmInfo.Ardshinbank’s 2118 borrowers of home equity loans received 5% cashback from the interests they paid for their loans during the previous calendar year. This time, the total amount of money returned by the Bank to borrowers amounted to about 62 million drams.

ArmInfo.Ardshinbank’s 2118 borrowers of home equity loans received 5% cashback from the interests they paid for their loans during the previous calendar year. This time, the total amount of money returned by the Bank to borrowers amounted to about 62 million drams.

ArmInfo. Despite the difficulties of the financial order, 2020 will be quite fruitful in  terms of cooperation with Armenia. On March 11  through a  video  conference "Regional Integration, Cooperation of the Eurasian  Development Bank with the EAEU Countries" (Moscow-Yerevan-Minsk- Chisinau), answering a question from ArmInfo correspondent,  head of the EDB Andrey Belyaninov said.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) withdrew from the capital of INECOBANK by selling its share (23,002 shares or 12.6%) to the  majority shareholders Avetis Baloyan and Karen Safaryan. This is  evidenced by the information posted on the website of the Central  Bank of the Republic of Armenia on actual changes in the share  capital of INECOBANK.

ArmInfo.Customers also have the opportunity to create a PIN code

ArmInfo.Ardshinbank offers more convenient banking services in Goris branch at Tatevatsi 9 street, which officially opened its doors on February 18 after major renovation.

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ArmInfo.Ardshinbank customers have the opportunity to go on "Credit vacation" when refinancing a loan in Armenian Drams secured with real estate. By transferring the real estate loan to Ardshinbank, the customer will have the opportunity to use "Credit Vacation", which means 0% interest rate and free service during the first 6 months.

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.

ArmInfo. Armenia has a stable macroeconomic environment and a favorable investment environment, a good investment climate and high macroeconomic indicators.  President of the Black Sea Trade and Development Bank (BSTDB) Dmitry Pankin  expressed this opinion on February 10 at a press conference in the  Central Bank of Armenia.

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%.

ArmInfo.Funds raised from Ardshinbank's Eurobonds will be used to implement ambitious programs for large enterprises of Armenia that are the bank's customers. This  was stated in an interview to a television channel by the Chairman of  the board of "Ardshinbank" CJSC Artak Ananyan.  In this context, he  added that part of the funds will also be directed to stimulate and  increase the volume of mortgage lending, which, according to him,  will lead to lower interest rates. 

ArmInfo.On January 21, 2020, Ardshinbank successfully priced its new RegS / 144A US$300mm 5-year eurobonds rated Ba3 by Moody’s and B+ by Fitch. The issuance was first non-sovereign index-eligible issuance out of Armenia. The bonds are listed on the Irish Stock Exchange and clear through DTC, Euroclear and Clearstream. The offering has been conducted with the help of Citigroup Global Markets Limited and Renaissance Securities (Cyprus), that acted as lead managers for the transaction

ArmInfo. Fitch Ratings has assigned Dilijan Finance B.V.'s USD300 million 6.5% senior unsecured notes due in 2025 a final long-term rating of 'B+' with a Recovery Rating of 'RR4'. 

ArmInfo. Ardshinbank, rated Ba3/-/B+, sold its $300m five year bond from a book of over $450m through joint bookrunners Citi and Renaissance Capital. The deal was  sold at par with a coupon of 6.5%, according to the information  published on the website Global Capital.