Martin Galstyan points out lending activity in Armenia`s banking system Tuesday, April 30 2024 17:02:00
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 ArmInfo. The head of the Central Bank of Armenia, Martin Galstyan, pointed out the lending activity in the banking system of Armenia. He announced this on April 30 during the press conference held in connection with the next reduction of the refinancing rate, this time to 8.25%. |
Monday, February 26 2024 17:03
ArmInfo.ADB has signed a sale and purchase agreement with the Bank of Georgia in respect of its shares in Ameriabank. The Spokesman for the ADB Resident Mission in the Republic of Armenia told ArmInfo. >>> |
Monday, February 26 2024 15:37
ArmInfo. S&P Global Ratings affirmed its 'BB-/B' long- and short-term foreign- and local-currency sovereign credit ratings on Armenia. The outlook on the long-term ratings is stable. >>> |
Friday, February 23 2024 16:10
ArmInfo.Business challenges are always many and diverse, regardless of the size of your business, whether it is a company with a large number of employees or a small enterprise, whether it has just opened or has been operating for decades. Whatever priorities and issues you have in your business, IDBank always has a solution. Now let us tell what solutions they are. >>> |
Thursday, February 22 2024 10:11
ArmInfo.Ria Money Transfer international money transfer service has recognized Ardshinbank as the Partner of the Year for achieving great results during 2023 and supporting Ria Money Transfer business growth. >>> |
Tuesday, February 20 2024 18:00
ArmInfo.The profit of the Armenian banking system in 2023 was 230 billion drams, which is 12.5% lower than the year-ago figure. Chairman of the Union of Banks of Armenia Daniel Azatyan stated during a press conference on February 20. He noted that the decline is due to both objective and subjective factors. >>> |
Tuesday, February 20 2024 17:57
ArmInfo.In Armenia, there was an increase in all lending sectors, except for industry, where the volumes decreased by 1.2%, making 508.9 billion drams. Chairman of the Union of Banks of Armenia Daniel Azatyan stated during a press conference on February 20. >>> |
Tuesday, February 20 2024 15:26
ArmInfo. The HSBC group has been moving its capital and focusing on its preferred markets, as has been the policy in recent years. Only since 2021, as noted by the Chairman of the Union of Banks of Armenia (UBA) Daniel Azatyan during a press conference, the Group has withdrawn from 7 countries, including retail lending in France, the USA, Greece, etc. >>> |
Tuesday, February 20 2024 15:25
ArmInfo. The entry of a bank with an international brand into the financial market of Armenia is always desirable and important, Chairman of the Union of Banks of Armenia Daniel Azatyan stated during the final press conference on February 20, speaking about the deal to acquire Bank of Georgia Group PLC (BOGG) of one of the leading Armenian banks Ameriabank CJSC. >>> |
Monday, February 19 2024 19:05
ArmInfo. Armenia will join the agreement of the countries of the Eurasian Economic Union on the mutual recognition of bank guarantees in public procurement. In general, this should facilitate the participation of the Armenian companies from the Republic of Armenia in the state and municipal procurements taking place in the EEU market. >>> |
Monday, February 19 2024 15:52
ArmInfo. Ameriabank (the Bank) has reached an agreement with the BOGG (the Group), a UK registered financial group, to join the latter as a standalone entity and the Group to become the main shareholder of the Bank, with the European Bank for Reconstruction and Development (“EBRD”) retaining their 10% shareholding in Ameriabank. >>> |
Friday, February 16 2024 17:19
ArmInfo.The most bookish holiday of the year is almost here: on these days the book is definitely the most bought and gifted item in the town, although you can’t call it an “item”. The special offers of bookstores exceed the New Year promotions, and the book queues remind of the good old days when people stood in line to buy books. >>> |
Friday, February 16 2024 13:05
ArmInfo.The Armenian Card CJSC has announced its plans to stop operating the arca.am application. >>> |
Thursday, February 15 2024 19:44
ArmInfo.Bank of Georgia Group PLC ( or ) clarifies recent media rumors regarding a potential transaction involving Ameriabank CJSC (), a leading bank in Armenia, and confirms that "it is in "advanced discussions" regarding its potential acquisition of Ameriabank CJSC." >>> |
Thursday, February 15 2024 17:45
ArmInfo. The likelihood of attracting a new international brand to the Armenian financial market is quite low. Economist Haykaz Fanyan expressed a similar opinion on his Facebook page, commenting on the HSBC's withdrawal from Armenian market. >>> |
Wednesday, February 14 2024 15:23
ArmInfo. Attracting financial resources for the investment program of Electric Networks of Armenia is the easiest task, but it is much more difficult to organize the work correctly, Director General Karen Harutyunyan told reporters on February 14. >>> |
Wednesday, February 14 2024 15:04
ArmInfo.The placement of AMD 32bln bonds of Electric Networks of Armenia CJSC was successfully completed within a short space of time, Director General Karen Harutyunyan told reporters. >>> |
Monday, February 12 2024 20:43
ArmInfo. S&P Global Ratings upgraded its long-term issuer credit rating on Ardshinbank CJSC to 'BB-' from 'B+' and revised the outlook on the rating to "stable". At the same time, we affirmed our 'B' short-term issuer credit rating on the bank. This is noted in a message from S&P Global Ratings. >>> |
Monday, February 12 2024 12:36
ArmInfo.A few days are left for the February love days. Regardless of which team you are in - celebrating Terendez or Valentine's Day, you still need to plan in advance where you are going to celebrate. You may already be bored of celebrating by simply eating out or having fancy drinks in classic cafes and restaurants. That's why Idram and IDBank have gathered the most unique ideas to make your 2024 love days unforgettable. Let’s go. >>> |
Saturday, February 10 2024 01:31
ArmInfo.Fitch Ratings has upgraded ACBA Bank Open Joint-Stock Company's (ACBA) Long-Term Issuer Default Rating (IDR) to 'BB-' from 'B+', and the bank's Viability Rating (VR) to 'bb-' from 'b+'. The Outlook is Stable. The Fitch Ratings press release received by ArmInfo reads. >>> |
Thursday, February 8 2024 17:02
ArmInfo.Today, traveling does not depend on the weather. You can enjoy the pleasure of traveling the world at any time of the year, and now you can also plan your vacation for the whole year by buying tickets and booking hotels in advance saving huge amounts of money and getting cashbacks. >>> |
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Bank of Georgia announces proposed acquisition of Ameriabank for $303.6 million