Banking sector | Loan companies  | Insurance sector  RSS  eng | rus | arm     Find    
  Banking sector 
 Development history 
 Banking ranking 
 
   
 Home Page 
 Currency market 
 Capital market 
 Credit market 
 Indicators 
 Interview 
 Analyses and reviews 
 Mega-regulator 
 Real estate 
 Pension system 
 Precious metal market 
 Bank cards 
 Money transfers 
 Site map 
 About us 
 Contact us 
 
  Partners 








 
  Statistics 
Click ME STATISTICS
 
  Currency Market 
ZooM Fluctuaction of AMD/USD and AMD/EUR exchange rates of Central Bank of Armenia and consumer price index
ZooM Fluctuaction of AMD/USD and AMD/EUR exchange rates of Comercial Banks of Armenia and consumer price index
ZooM Fluctuaction of AMD/USD and AMD/EUR exchange rates of Retail Market and consumer price index
 
  Bonds 
 
  NASDAQ OMX dynamics 
ZooM Dynamics of changes in volume of USD deals and average weighted exchange rate at Nasdaq OMX ASE (per month)
ZooM Dynamics of changes in volume of USD deals and average weighted exchange rate at Nasdaq OMX ASE (per year)
 



Banking news

· 14:53 11.05.2012
VTB Bank (Armenia) funds acquisition of drilling technique and equipment for VAGAN EGA Company
ArmInfo. VTB Bank (Armenia) has funded VAGAN EGA Company, which has quite significant role in development of mining and .....

· 20:57 10.05.2012
UNISTREAM is enlarging its network in Armenia
ArmInfo. UNISTREAM is enlarging its network in Armenia. The press service of UNISTREAM reports that the system is currently integrating with ACBA Credit Agricole Bank. President of UNISTREAM .....

· 20:29 10.05.2012
Astrid Clifford: No sudden changes in loan rates expected in Armenia
ArmInfo. No sudden changes are expected in the policy of loan rates in Armenia, Astrid Clifford, HSBC Bank Armenia Chief Executive .....

· 18:19 10.05.2012
HSBC Bank Armenia CEO comments on AMD reserve requirement
ArmInfo. It will be hard to meet the AMD reserve requirement should there be a decrease in AMD deposits, HSBC Bank Armenia CEO Astrid .....

· 14:43 10.05.2012
HSBC Bank Armenia Opens Its Ninth - Status Branch
ArmInfo. On May 9 HSBC Bank Armenia has held a ribbon-cutting ceremony for its new HSBC STATUS branch at 4/1 Baghramyan Avenue, with the promise .....

· 19:39 08.05.2012
14 banks join the list of top 100 largest taxpayers of Armenia
ArmInfo. By the end of Q1 2012, 14 Armenian banks joined the list of the top 100 largest taxpayers of .....

· 20:34 07.05.2012
Armenian Development Bank offers mortgage loans without prepayment
ArmInfo. The Armenian Development Bank offers a new loan to its customers - a mortgage loan without prepayment, the press service of the Bank .....

· 18:55 04.05.2012
Converse Bank offers its Premium card holders free access to Zvartnots Airport's business halls
ArmInfo. Converse Bank offers its Premium card holders free access to Zvartnots Airport's business halls and will pay for the .....

· 19:37 28.04.2012
Assets of Areximbank-Gazprombank Group up 33.1% over year
ArmInfo. By 1 April 2012, the assets of Areximbank-Gazprombank Group totaled 107.5 billion AMD, with the y-o-y growth being 33.1% (26.7 bln AMD). The .....

· 20:09 27.04.2012
Toughened competition among Armenian banks to lead to fault-finding of bank customers
ArmInfo. The toughened competition among the Armenian banks will lead to the fault- finding of bank customers and will make .....

· 19:18 27.04.2012
Armenia Development Bank increases its deposit portfolio
ArmInfo. In Q1 2012 the Armenian Development Bank increased its deposit portfolio by 2.2 times or 12.4bln AMD. The press service of the ADB reports that personal deposits .....

· 19:14 27.04.2012
Ameriabank is planning aggressive growth in 2012
ArmInfo. Ameriabank has aggressive and ambitious plans for this year, Development Director of Ameria Group Tigran Jrbashyan told journalists on Friday. He said that in the last four .....

· 19:05 27.04.2012
Ameriabank launches a branch in Shengavit administrative district of Yerevan and also intends to launch another branch in Gyumri
ArmInfo. Ameriabank has launched a branch in Shengavit administrative district of Yerevan on .....

· 18:07 27.04.2012
Turnover of funds in trade outlets of Areximbank-Gazprombank Group up 26% over year
ArmInfo. The turnover of the funds in trade outlets of Areximbank- Gazprombank Group has grown by 26% over year. .....

· 19:17 25.04.2012
Armenian Development Bank experiences essential growth in loan portfolio
ArmInfo. By late Q1 2012 the loan portfolio of the Armenian Development Bank (ADB) amounted to 26.3 bln AMD, having grown by 80% (11.7 .....

· 19:22 20.04.2012
Improvement of legislative base of leasing services development in Armenia to provide enterprises with access to modernization of fixed assets
ArmInfo. A solution to the legislative problems connected with development of the market .....

· 19:13 20.04.2012
VTB Group to invest almost $2mln in development of VTB Bank (Armenia)
ArmInfo. VTB Group to invest almost $2mln in development of VTB Bank (Armenia), Chairman of the Board of VTB24 Bank (Russia) Mikhail .....

· 19:12 20.04.2012
VTB Bank (Armenia) opens its first VIP office in Yerevan
ArmInfo. VTB Bank (Armenia) has opened its first VIP office in Yerevan, Chairman of the Board of VTB24 Bank (Russia) Mikhail Zadornov told journalists .....

· 18:26 20.04.2012
In 2012 VTB Bank (Armenia) is going to outrun the retail lending market by 20-30%
ArmInfo. In 2012 VTB Bank (Armenia) is going to outrun the country's retail lending market by 20-30%, Head of .....

· 17:25 20.04.2012
Armenia's factoring market has big growth potential
ArmInfo. Armenia's factoring market has a big growth potential. The press service of Ameriabank reports that in Q1 2012 the amount of the bank's factoring agreements tripled while .....

· 17:16 20.04.2012
VTB 24: The risk-management system of VTB Bank (Armenia) is high technological and unique
Arminfo. The risk-management system of VTB Bank (Armenia) is high technological and unique for the Armenian market and is a .....

· 22:27 18.04.2012
In Q1 2012 turnover of Anelik system grew by 21%
ArmInfo. In Q1 2012 the turnover of the Anelik money transfer system grew by 21% to $0.2bln. The amount of transfers in RUR .....

· 17:00 18.04.2012
Araratbank to make Diners Club cards accessible to the Armenian elite
ArmInfo. Araratbank is going to make Diners Club cards accessible to the Armenian elite. The bank acquired the exclusive right to issue the cards .....

· 18:33 17.04.2012
Armenian Development Bank offers a business loan with a safety cushion
ArmInfo. The Armenian Development Bank (ADB) offers a new type of a commercial credit - business loan with a safety cushion. The .....

· 16:18 17.04.2012
Areximbank-Gazprombank Group extends its network of ATMs and POS-terminals
ArmInfo. Areximbank-Gazprombank Group is going to considerably extend its network of ATMs and POS-terminals. The press service of the Bank told ArmInfo that .....

· 17:46 12.04.2012
HSBC presents new package - HSBC Plus
ArmInfo. HSBC Bank Armenia cjsc introduces a new package - HSBC Plus - to the market today. This is a comprehensive package of banking services and products .....

· 21:06 11.04.2012
Asian Development Bank forecasts 3.8% GDP growth and 4.1% inflation in Armenia in 2012
ArmInfo. The Asian Development Bank forecasts 3.8% GDP growth in Armenia in 2012 and 4.2% growth in 2013. The bank's Asian .....

· 18:19 11.04.2012
Union of Armenian Banks (UAB) launches e:financial library UBank in Armenia
Arminfo. Union of Armenian Banks (UAB) has launched an e:financial library UBank in Armenia, which was officially presented on 11 April. The .....

· 16:26 11.04.2012
The Two Branches of Unibank Have Moved to New Premises
ArmInfo. "Kinonairi" branch of Unibank is renamed "Yeritasardakan" and is transferred to a new, more spacious premise located at Abovyan str. 23/2, Yerevan. .....

· 16:43 10.04.2012
E:financial library UBank to be launched in Armenia for the first time
Arminfo. The e:financial library UBank will be launched in Armenia for the first time, press-service of the Union of Armenian Banks reported. .....

· 15:07 10.04.2012
Areximbank-Gazprombank Group buys new furniture for kindergartens
ArmInfo. Areximbank-Gazprombank Group has financed the purchase of new furniture for a number of kindergartens in Yerevan. This is part of the Yerevan Municipality's program .....

· 15:06 10.04.2012
Prime Minister of Armenia: Peculiarity of crisis in Armenia is the fact that our banking sector was prepared to such development of events better than other CIS countries
ArmInfo. The peculiarity of the crisis .....

· 20:46 06.04.2012
Prometey Bank expands its branch network
ArmInfo. The Central Bank of Armenia (CBA) has registered Prometey Bank's 6th branch (Erebouni) in Yerevan. The press service of the CBA told ArmInfo that the decision .....

· 16:24 06.04.2012
Anelik Bank to join "Fast post" cash remittance system
Arminfo. By extending the frames of its cooperation Anelik Bank is going to join "Fast post" cash remittance system. As press-service of the bank reported, .....

· 16:00 05.04.2012
HSBC MASTERCARD holders are receiving their prizes
Arminfo. HSBC Bank Armenia summarized the results of its three month special offer, aimed to encourage non-cash sales transactions. The campaign was announced together with MasterCard and .....

· 20:44 04.04.2012
Ameriabank to support a major project in Trans-Caucasus through trade finance
ArmInfo. Ameriabank will support a major project in South Caucasus through its trade finance facilities, the press service of the Bank told ArmInfo. .....

· 18:43 04.04.2012
This year Unibank will open 8 new branches
ArmInfo. In actual practice of retail business development Unibank decided to open eight new branches in 2012. The press service of Unibank told ArmInfo that expanding .....

· 18:57 03.04.2012
ProCredit Bank expanding branch network
ArmInfo. Central Bank of Armenia registered a new branch in Yerevan - "Davidashen" on March 30, the CB press-service told ArmInfo. ProCredit Bank reports that as of Jan 1 .....

· 16:32 03.04.2012
VTB Bank (Armenia) and ArmenTel company announce about issue of new co-brand card Visa Alliance
Arminfo. VTB Bank (Armenia) and telecommunication company ArmenTel (Beeline brand) and international payment system Visa Int. have announced about .....

· 14:16 02.04.2012
Ameriabank leasing portfolio up 85% to $8.7 million for Q1 2012
ArmInfo. Ameriabank's leasing portfolio grew 85% for Q1 2012 to 3.4 billion drams ($8.7 million), the bank's press-service told ArmInfo the given indicator .....

· 15:43 30.03.2012
Number of Internet-banking users of "Areximbank-Gasprombank group" grows by 2,5 times for a year
Arminfo. The number of Internet-banking users of "Areximbank-Gasprombank group" has grown by 2,5 times for a year. As press-service .....

· 18:40 29.03.2012
BTA Bank to focus on retail business in 2012
ArmInfo. In 2012 BTA Bank will focus on retail business, Head of the Retail Business Department of BTA Bank, Armen Sargsyan, told ArmInfo. He .....

· 16:11 29.03.2012
Anelik Bank first bank in Armenian banking system to introduce scoring system for business loans rating
ArmInfo. Anelik Bank is the first bank in the Armenian banking system to introduce own specialized scoring system .....

· 20:32 28.03.2012
VTB Bank (Armenia) is leader in corporate lending
ArmInfo. VTB Bank (Armenia) maintains its leading positions in corporate banking business by demonstrating an 11 pct share in the market of corporate lending. .....

· 20:31 28.03.2012
VTB Bank (Armenia) improves its personal deposit ranking
ArmInfo. In 2011 the obligations of VTB Bank (Armenia) grew by 52.9% to 150bln AMD. The press service of VTB Bank (Armenia) reports that the bank's deposit .....

· 22:20 27.03.2012
Byblos Bank Armenia intends to increase its credit portfolio by 45% and assets - by 30% in 2012
ArmInfo. Byblos Bank Armenia intends to increase its credit portfolio by 45% and assets - .....

· 22:14 27.03.2012
IFC Helps Byblos Bank Armenia Boost Mortgage and Residential Energy-Efficiency Lending
ArmInfo. IFC, a member of the World Bank Group, is partnering with Byblos Bank Armenia to help it expand mortgage lending and offer .....

· 18:25 24.03.2012
"Armbusinessbank" to launch its own fully functional processing center
Arminfo. "Armbusinessbank" (ABB) will launch its own fully functional processing center, which will make it possible to raise much the competitive ability of the retail .....

· 18:24 14.03.2012
EBRD is considering a US$ 7 million credit line to Araratbank
ArmInfo. The EBRD is considering a credit line to Araratbank of US$ 7 million equivalent for micro, small and medium- sized enterprises, .....

· 16:34 14.03.2012
HSBC Bank Armenia introduces a new service - card insurance
ArmInfo. HSBC Bank Armenia cjsc introduced a new card insurance service to the market today. The service is aimed at protecting ATM and MasterCard .....

· 17:45 12.03.2012
Eurasian Development Bank to lend Areximbank-Gazprombank Group $10mln for financing SMEs
ArmInfo. The Eurasian Development Bank (EDB) will lend Areximbank-Gazprombank Group $10mln for financing SMEs, says the three-year agreement signed by Deputy Chairman of .....

· 13:54 12.03.2012
Ameriabank offers car loans on special preferential terms on occasion of Women's Day
ArmInfo. On occasion of the Women's month in Armenia celebrated from March 8 to April 7, Ameriabank offers car loans .....

· 18:16 07.03.2012
In 2011 Unibank made over 810 thsd UNISTREAM money transfers worth $673 mln
ArmInfo. In 2011 Unibank made 810.1 thsd UNISTREAM money transfers worth $673 mln. The press service of the Bank told ArmInfo .....

· 14:57 06.03.2012
Converse Bank opens branch in Nagorno-Karabakh
ArmInfo. Converse Bank is going to be active in Nagorno-Karabakh and for this purpose has opened a branch in Stepanakert. The branch will be officially inaugurated in early .....

· 19:46 05.03.2012
Converse Bank grants gold bars to five "Yerevan" time deposit holders
ArmInfo. Converse Bank has granted five-gram pure gold bars and charge-free plastic cards to the five winners of the draw held among the .....

· 19:45 05.03.2012
NASDAQ OMX Armenia welcomes Byblos Bank Armenia as its member
ArmInfo. Today Byblos Bank Armenia cjsc was registered as a Member at NASDAQ OMX Armenia and granted the right to participate in all the .....

· 18:34 05.03.2012
In 2012 Anelik Bank is planning to increase its deposits by 30% and credits by 20%
ArmInfo. In 2012 Anelik Bank is planning to enlarge its deposit portfolio by 30% to 26bln AMD. The press .....

· 18:06 05.03.2012
HSBC Bank Armenia has problems with demand for banking products, not with liquidity
ArmInfo. At the moment HSBC Bank Armenia has no problems with liquidity, Chief Financial Officer of HSBC Bank Armenia Gevorg .....

· 17:04 05.03.2012
In 2011 HSBC Bank Armenia ensured the highest profit throughout the history of its activity - 8.3 bln AMD
ArmInfo. In 2011 HSBC Bank Armenia ensured the highest pretax profit throughout the history .....

· 17:24 02.03.2012
Despite certain decrease of cash remittance volume in 2011, this year Areximbank-Gasprombank Group expects growth of transfers by 20%
Arminfo. Despite certain decrease of cash remittance volume in 2011, this year Areximbank-Gasprombank Group expects .....

· 17:05 01.03.2012
The Cardholders of "Unibank" Can Make Use of Bosch Special Discount Action Within "Magnis" Program
Arminfo. The Cardholders of "Unibank" Can Make Use of Bosch Special Discount Action Within "Magnis" Program "BINAM" company .....

· 15:01 01.03.2012
Areximbank-GPB Group offers its customers additional bonus for money transfers
ArmInfo. Areximbank-Gazprombank Group offered its customers an additional bonus for money transfers, the bank's press-service reports. The bank offers the service "TEMPO" that .....

· 15:46 28.02.2012
Converse Bank opens its first branch in Stepanakert
ArmInfo. Converse Bank has opened its first branch in Stepanakert. The press service of the Central Bank of Armenia (CBA) reported that the branch .....

· 20:12 27.02.2012
Considerable activation of BTA Bank in economy crediting allows it to almost triple net profit in 2011
ArmInfo. Considerable activation of BTA Bank in economy crediting allowed it to almost triple the .....

· 19:47 27.02.2012
In 2011 BTA Bank increased lending to economy by 63%
ArmInfo. In 2011 BTA Bank increased lending to economy by 63%. Having considerably reduced the portfolio of consumer loans, the Bank maximally diversified .....

· 17:20 27.02.2012
Converse Bank organizes a chess dialogue between its customers and world champions
ArmInfo. Converse Bank has prepared one more surprise for its customers - an opportunity to play with the winners of the .....

· 15:32 27.02.2012
Inecobank joins UNISTREAM system
ArmInfo. Inecobank has joined the UNISTREAM international money transfer system. The press service of Inecobank reports that from Feb 20 on the bank's customers will be able to send and receive .....

· 15:35 24.02.2012
Areximbank-Gasprombank Group to provide credit portfolio growth up to 92.5 bln drams by the end 2012
Arminfo. Areximbank-Gasprombank Group will provide the credit portfolio growth by 24,1% ($48.6 mln) up to 92.5 bln .....

· 20:28 23.02.2012
In 2012 VTB Bank (Armenia) is planning to increase its card portfolio by 30%
ArmInfo. In 2012 VTB Bank (Armenia) is planning to increase its card portfolio by 30%, Head of the Retail Banking .....

· 19:48 23.02.2012
One of the 100 most active Visa card-holders of VTB Bank (Armenia) granted a ticket for two to Dubai
ArmInfo. As a result of a draw held in the framework of VTB Bank (Armenia)-Visa .....

· 18:29 23.02.2012
Active work of banks with small and medium enterprises not to lead to accumulation of overdue loans
ArmInfo. The active work of the banks with small and medium enterprises will not lead to .....

· 21:23 22.02.2012
Armenian Development Bank intends to hold IPO in late 2013
ArmInfo. The Armenian Development Bank (ADB) is going to hold an initial public offering (IPO) in late 2013, Chairman of ADB Board Karen .....

· 21:09 22.02.2012
Armenian Development Bank intends to increase its credit portfolio to 32 bln AMD in 2012
ArmInfo. The Armenian Development Bank (ADB) intends to increase its credit portfolio to 32 bln AMD in 2012, .....

· 20:12 22.02.2012
Armenian Development Bank to offer 14 free services
ArmInfo. Armenian Development Bank will offer 14 free services, CEO of the ADB Karen Sargsyan said during a press-conference on Wednesday. Among the services are international money .....

· 17:18 22.02.2012
Areximbank-Gazprombank Group offers its customers up-to-date instruments for trade finance transactions
ArmInfo. Today Areximbank-Gazprombank Group CJSC held a seminar on "Up-to-date banking services for trade finance transactions" to familiarize the Bank's customers with .....

· 21:51 21.02.2012
Ashot Osipyan: Change of reserve requirements to raise demand for Armenian dram
ArmInfo. The change of the reserve requirements will raise the demand for Armenian drams, but this measure is insufficient to considerably .....

· 19:38 21.02.2012
Ashot Osipyan: Risk management remains the key task of Armenian banking system
ArmInfo. The key task of the Armenian banking system within the short-term outlook is risk management, President of the Union of .....

· 19:10 21.02.2012
Ashot Osipyan: In 2011 assets of Armenia's banking system exceeded 2trl AMD
ArmInfo. In 2011 the assets of Armenia's banking system grew by 506.6bln AMD (32.3%) to 2.074trl AMD, President of the Union of .....

· 20:42 16.02.2012
Ameriabank to redouble lending to SMEs in 2012
ArmInfo. Ameriabank is going to redouble lending to small and medium-sized enterprises this year, Corporate Banking Manager of Ameriabank Gagik Sahakyan told journalists on Thursday. He said .....

· 18:55 15.02.2012
Employees of Trade Finance Department of Ameriabank demonstrate 100% result at EBRD's online seminars
ArmInfo. Ameriabank's employees from the Trade Finance Department demonstrated a 100% result at the online seminars organized by the .....

· 21:01 08.02.2012
High activeness of INECOBANK in credit market has allowed it to obtain high profit and to direct it to capitalization
ArmInfo. Over 2011 INECOBANK increased its credit portfolio by 56.1% to .....

· 18:33 08.02.2012
In 2012 Russian Gazprombank intends to increase authorized capital of Areximbank-Gazprombank Group by 10 mln USD
ArmInfo. In 2012 the Russian Gazprombank is going to increase the authorized capital of its Armenian .....

· 18:45 07.02.2012
In 2011 loan book of Areximbank-Gazprombank Group grew by 51.2%
ArmInfo. In 2011 the loan book of Areximbank- Gazprombank Group grew by 51.2% to 74.7bln AMD. The press service of the bank reports that 83% .....

· 17:38 07.02.2012
In 2011 number of Anelik money transfer transactions grew by 50%
ArmInfo. In 2011 number of Anelik money transfer transactions grew by 50% to almost 2,000,000 while their amount grew by 13% to .....

· 20:09 06.02.2012
HSBC Bank Armenia paid taxes amounted AMD 3 billion
ArmInfo. HSBC Bank Armenia was the largest taxpayer in the banking system of Armenia in 2011. According to the results for 2011, the .....

· 18:25 01.02.2012
VTB Bank (Armenia) in cooperation with Cosmopolitan Armenia Magazine offers new opportunities to VTB-Cosmopolitan cardholders
ArmInfo. VTB Bank (Armenia) and Cosmopolitan Armenia Magazine in cooperation with Austrian Airlines offer new exclusive opportunities to .....

· 15:46 01.02.2012
Areximbank-Gasprombank Group starts implementing "Gasprombank-Express" money transfers from Russia to Armenia
ArmInfo. AAreximbank-Gasprombank Group has started implementing "Gasprombank-Express" money transfers from Russia to Armenia without opening of an account. As press-service of the bank .....

· 15:44 01.02.2012
Areximbank-Gazprombank Group opens new branch
ArmInfo. Areximbank-Gazprombank Group has opened new Komitas branch (16/1 Komitas Street). The press service of the bank reports that this is the seventh branch in Yerevan. Komitas will provide a .....

· 14:00 31.01.2012
Areximbank - Gazprombank Group conducts online polls among its Internet banking user-customers
ArmInfo. "Areximbank - Gazprombank Group conducts online polls among its Internet banking user-customers, the bank's press-service told ArmInfo. The poll aims to assess .....

· 13:59 31.01.2012
"Areximbank-Gazprombank Group" CJSC joins "BLIZKO" international money transfer system
ArmInfo. "Areximbank-Gazprombank Group" CJSC has joined "BLIZKO" international system of instant money transfers for individuals, without opening an account. The system provides for .....

· 21:01 30.01.2012
Anelik Bank increased number of issued international plastic cards by 30% in 2011
ArmInfo. In 2011 Anelik Bank increased the number of the issued Visa and MasterCard plastic cards by over 6000 or .....

· 20:06 30.01.2012
Yury Gusev to replace Valery Ovsyannikov as WTB Bank (Armenia) CEO
ArmInfo. Feb 1 2012 Yury Gusev will replace Valery Ovsyannikov as WTB Bank (Armenia) CEO. The press service of WTB Bank (Armenia) reports that .....

· 17:34 30.01.2012
In mid spring 2012 Ameriabank to launch new credit card projects
ArmInfo. In mid spring 2012 Ameriabank will appear with new credit card projects, Development Manager of Ameriabank Tigran Jrbashyan said during a press-conference .....

· 21:00 27.01.2012
Ameriabank still among top three leaders by its main parameters
ArmInfo. Ameriabank is still among the top three leaders by its main parameters. According to the financial report of the Bank, over 2011 .....

· 18:13 27.01.2012
Fitch Affirms & Withdraws ACBA Credit Agricole's Ratings
ArmInfo. Fitch Ratings has affirmed and withdrawn the ratings of Armenia's CJSC ACBA-Credit Agricole Bank (ACBA), including its Long-term Issuer Default Rating (IDR) of 'BB-' with .....

· 17:45 27.01.2012
Liabilities of Areximbank-Gazprombank Group grew by 53% in 2011 due to growth in time deposits, inter-bank loans and loro-accounts
ArmInfo. In 2011 the liabilities of Areximbank- Gazprombank Group grew by 53% to 80.1bln AMD .....

· 16:20 27.01.2012
EFSE provides 3.9 mln EUR loan to Byblos Bank Armenia for MSE finance
ArmInfo. The European Fund for Southeast Europe (EFSE) has provided Byblos Bank Armenia CJSC with a credit facility in US dollar .....

· 21:25 26.01.2012
In 2011 Unibank increased its net profit thrice and found itself among top five leaders
ArmInfo. In 2011 Unibank increased its net profit almost thrice and found itself among top five leaders .....

· 19:52 26.01.2012
ArmBusinessBank completes additional issue worth of 4 bln AMD
ArmInfo. In late Q4 2011 ArmBusinessBank held an additional issue worth 4.050 bln AMD, and on Dec 19 2011 Christie Management became the sole .....

· 18:03 26.01.2012
In banking system of Armenia ACBA-Credit Agricole Bank is in the lead by assets
ArmInfo. In the banking system of Armenia, ACBA-Credit Agricole Bank is in the lead by the amount of assets. .....

· 15:43 26.01.2012
In 2011 HSBC Bank Armenia recorded the biggest net profit in Armenia's banking sector
ArmInfo. In 2011 the assets of HSBC Bank Armenia grew by 23.5% to 179.1bln AMD or $464.2mln (4th position in .....

· 20:11 23.01.2012
In 2011 Anelik Bank increased its credit portfolio by 30%
ArmInfo. In 2011 Anelik Bank increased its credit portfolio by 8.7 bln AMD, having exceeded the index of 2010 by almost 30%, the .....

· 18:37 23.01.2012
In 2011 Armenian Development Bank demonstrated 2.5-fold growth in time deposits of individuals
ArmInfo. In 2011 the Armenian Development Bank demonstrated 2.5-fold growth in the time deposits of individuals to 15.5 bln AMD. .....

· 17:21 20.01.2012
ACBA-Credit Agricole Bank to receive 30 mln USD from IFC
ArmInfo. On January 20 ACBA-Credit Agricole Bank and the International Finance Corporation (IFC) signed a loan agreement worth 30 mln USD. The .....

· 16:32 20.01.2012
Araratbank and Eurasian Development Bank launch new micro-lending program
ArmInfo. Araratbank and the Eurasian Development Bank (DBR) signed a credit agreement on Friday. The EDB will lend Araratbank $4mln for a micro-lending .....

· 19:56 19.01.2012
Anelik Bank demonstrates unprecedented growth of deposit portfolio
ArmInfo. Over 2011 Anelik Bank increased its credit portfolio of individuals by 65.4% to over 18.3 bln AMD. The press service of Anelik Bank told .....

· 18:12 13.01.2012
Unibank to introduce a new management system elaborated by Salesforce.com
ArmInfo. Unibank will introduce a new system of managing the relations with customers designed by the American company Salesforce.com, world leader in the sphere .....

· 17:37 13.01.2012
Armenia's Central Bank registers new branches of Areximbank-Gazprombank Group, Araratbank and ACBA-Credit Agricole Bank
ArmInfo. The Central Bank of Armenia has registered new Komitas branch of Areximbank-Gazprombank Group, Martuni branch of Araratbank, Aragats branch .....

· 15:20 12.01.2012
VTB creates single ATM network
ArmInfo. Owners of card products of VTB Banks in Armenia, Georgia, Azerbaijan, Kazakhstan, and Ukraine as well as VTB24 in Russia, have been provided with access to the United .....

· 18:55 10.01.2012
INECOBANK borrows $8mln from DWM Asset Management
ArmInfo. In Dec 2011 INECOBANK borrowed $8mln from the DWM Asset Management investment company for supporting SMEs in Armenia. The press service of the bank reports that the .....

· 18:32 10.01.2012
Unibank to launch mobile banking in Q1 2012
ArmInfo. In Q1 2012 Unibank will launch mobile banking, which will allow the customers to make banking operations and payments from any place with the .....

· 16:53 10.01.2012
Ardshininvestbank joins UNIStream system
Arminfo. The Armenian Ardshininvestbank and UNIStream international money transfer system have started cooperating, thanks to what in the middle of January the bank will start giving such services to the .....

· 21:56 09.01.2012
Ameriabank enters Georgian market as an independent player
ArmInfo. Ameriabank (Armenia) will officially enter the Georgian banking market approximately in a month. Last year the bank was in the focus of attention .....

· 19:51 28.12.2011
Central Bank registers a new branch of Unibank in Lori
ArmInfo. The Central Bank of Armenia (CBA) has registered a new branch of Unibank in Lori. The CBA press service told ArmInfo that .....

· 19:46 28.12.2011
In Q1 2012 Byblos Bank Armenia to attract big long-term loans from international structures
ArmInfo. Byblos Bank Armenia and the European Fund for Southeast Europe (EFSE) have signed a loan agreement worth 875 .....

· 18:34 28.12.2011
In 2011 Ameriabank to ensure 80% growth in factoring portfolio
ArmInfo. By the end of 2011 Ameriabank is going to increase its factoring portfolio to about 2 bln AMD (80% y-o-y growth). The .....

· 16:53 28.12.2011
Ardshininvestbank Receives the First Credit Tranche Under the Loan Agreement Signed with the Asian Development Bank
ArmInfo. Ardshininvestbank received the first credit tranche of USD 3,0 million under the loan agreement signed with .....

· 16:53 28.12.2011
Armenian authorities hinder recognition of Armenian genocide in all over the world
Arminfo. Armenian authorities hinder recognition of the Armenian genocide in all over the world, management expert, Harutyun Mesropyan, told journalists today. .....

· 20:44 27.12.2011
ArmBusinessBank occupies 3rd place by authorized capital, having replenished it by 4.5 bln AMD
ArmInfo. Chrystie Management, the sole stockholder of ArmBusinessBank, has replenished the authorized capital of the bank by .....

· 17:00 27.12.2011
Unibank increases time deposits of legal entities by 50% over year
ArmInfo. As of 1 Dec 2011, the time deposits in Unibank amounted to 61.4 bln AMD, having increased by 27% as .....

· 16:59 27.12.2011
In 2012 Unibank to introduce Salesforce.com customer relations management system
ArmInfo. In 2012 Unibank will introduce the customer relations management system of Salesforce.com, the world's leader in CRM and cloud computing. The press service of .....

· 19:20 26.12.2011
VTB Bank (Armenia) announces about "New Year" deposit action
Arminfo. VTB Bank (Armenia) has announced about the "New Year" deposit action, which will start functioning from 26 December to 28 February 2012. As press-service of .....

· 19:59 22.12.2011
Converse Bank warns people to beware of swindlers collecting money in the framework of Become Santa Klaus program
ArmInfo. Converse Bank warns people to beware of swindlers collecting money in the framework of the .....

· 17:44 22.12.2011
Armeconombank to borrow money from Pakistani partner
ArmInfo. Armeconombank will borrow money from Pakistani partner - Habib Bank, CEO of ArmEconombank Armen Naljyan said in an interview to ArmInfo. He said that Armeconombank actively cooperates .....

· 17:37 22.12.2011
In Jan-Nov 2011 number of Anelik money transfer transactions grew by 50%
ArmInfo. In Jan-Nov 2011 as compared with Jan-Nov 2010 the number of Anelik money transfer transactions grew by 50% to 1,405,088 transactions, .....

· 17:37 22.12.2011
Dec 23 Ameria Group to hold charity auction
ArmInfo. Dec 23 Ameria Group will hold a New Year auction, with the raised funds to be given to 17 children suffering from cancer and haematological .....

· 16:48 22.12.2011
EBRD to lend money to Byblos Bank Armenia and Finca UCC
ArmInfo. The European Bank for Reconstruction and Development (EBRD) is planning to sign next week credit agreements with Byblos Bank Armenia and .....

· 15:33 22.12.2011
EBRD to grant $6 mln credit to Armeconombank
Arminfo. Armeconombank and European Bank for Reconstruction and Development (EBRD) signed today a credit contract at $6 mln with 5 years repayment period. The credit resources .....

· 17:23 21.12.2011
Anelik Bank granted certificate of Armenian-Canadian Commerce and Industry Chamber
ArmInfo. Anelik Bank has been granted the certificate of the Armenian-Canadian Commerce and Industry Chamber. The press service of Anelik Bank reports that while presenting .....

· 17:00 21.12.2011
Unibank to open additional offices for improving its services
ArmInfo. Unibank is actively enlarging its presence in Yerevan and Armenia. The press service of Unibank reports that the bank is going to open offices specializing .....

· 16:42 20.12.2011
ProCredit Bank expands branch network in Yerevan
ArmInfo. ProCredit Bank has opened a new branch in Yerevan - Tigran Mets, ProCredit Bank press-service reported. The branch is located on Tigran Mets Ave 29a/97 and .....

· 16:42 20.12.2011
Unibank opens two promo-points at Yerevan City chain of supermarkets
ArmInfo. Unibank opens two new promo-points at Yerevan City chain of supermarkets, Unibank press-service told ArmInfo. Another two promo-points are already available at Yerevan .....

· 19:07 14.12.2011
HSBC Bank Armenia provides 30 thsd USD for environmental protection program
ArmInfo. HSBC Bank Armenia has provided 30 thsd USD for an environmental protection program involving Armenian teenagers, which was implemented jointly with .....

· 19:31 13.12.2011
Ameriabank starts new deposit campaign
ArmInfo. Ameriabank has started a new deposit campaign "Your Deposit." The press service of Ameriabank reports that the campaign will last till Mar 31 2012 and is aimed at enlarging .....

· 19:16 13.12.2011
Unibank offers new U-Kaiser card
ArmInfo. Unibank is enlarging its cooperation with the Kaiser trade chain. The press service of Unibank reports that the bank has issued a co- branding U-Kaiser credit card, which can .....

· 19:06 13.12.2011
Anelik Bank increases AMD deposit portfolio of individuals by 107%
ArmInfo. Over Jan-Nov 2011 Anelik Bank increased the deposit portfolio of individuals by 57% or by 6 bln AMD to 17.2 bln AMD. .....

· 23:03 12.12.2011
Prometey Bank joins Bystraya Pochta system
ArmInfo. Prometey Bank has joined the Bystraya Pochta money transfer system. The press service of Prometey Bank reports that the system will allow the bank's customers to send and .....

· 23:02 12.12.2011
Under "Winter Surprise" campaign, Converse Bank raises deposits worth 640 mln AMD
ArmInfo. On December 10 Converse Bank held the drawing of the "Winter Surprise" new time deposit campaign. As of 1 December, .....

· 19:54 12.12.2011
Unibank launches two co-branding projects with Ucom and RESO companies
ArmInfo. In collaboration with Ucom and RESO companies, Unibank is launching a joint U-Customers Partner campaign. Under the campaign, Unibank provides the .....

· 19:53 12.12.2011
In Jan-Nov 2011 UNIStream's turnover in Armenia totaled $602.5mln
ArmInfo. In Jan-Nov 2011 the UNIStream system's turnover in Armenia totaled $602.5mln – 14.78% more than in Jan-Nov 2010. The press service of Unibank reports .....

· 20:16 09.12.2011
HSBC recognized the Best Global Trade Finance Bank 2011
ArmInfo. HSBC was recognized as "The Best Global Trade Finance Bank" for the forth year in a row by Global Trade Review (GTR) magazine. .....

· 18:00 09.12.2011
In 2012 Ameriabank will increase share of retail loans to 25-30%
ArmInfo. In 2012 Ameriabank is going to increase the share of retail loans in its lending portfolio from 15% to 25-30%, Retail Banking .....

· 17:57 09.12.2011
Ameriabank opens an office "Komitas" in Yerevan
Arminfo. Today Ameriabank opened a new office of its "Komitas" branch at Komitas street 12. It was earlier functioning at Komitas street 58. Director General of .....

· 17:41 08.12.2011
VTB Bank (Armenia) becomes one of the leaders of factoring services market in Armenia
ArmInfo. VTB Bank (Armenia) has become one of the leaders providing factoring services in the banking market of Armenia, .....

· 18:09 06.12.2011
Prometey Bank joins UNIStream system
ArmInfo. Prometey Bank has joined the UNIStream money transfer system. The press service of Prometey Bank reports that the bank's customers will be able to use the system in its .....

· 16:51 06.12.2011
Fitch Downgrades Armenia's ACBA Credit Agricole to 'BB-'; Outlook Stable
ArmInfo Fitch Ratings-London/Moscow-05 December 2011: Fitch Ratings has downgraded Armenian ACBA-Credit Agricole Bank's (ACBA) Long-term Issuer Default Rating (IDR) to 'BB-' from 'BB'. The .....

· 17:42 05.12.2011
"Areximbank-Gasprombank group" takes part in the "fair of vacancies"
ArmInfo. CJSC "Areximbank-Gasprombank group" took part in the "fair of vacancies" on 2 December in Yerevan. As press-service of the bank reported, the fair was targeted .....

· 20:35 02.12.2011
HSBC Bank Armenia wins the "Bank of the Year in Armenia" award
ArmInfo. HSBC Bank Armenia cjsc was named "Bank of the Year in Armenia" by the The Banker magazine in the category "Bank .....

· 19:22 02.12.2011
In Jan-Sept 2011 clientele of Armenia's banks grew by 16.6%
ArmInfo. As of Oct 1 2011 Armenia's banks had 1,191,000 individual and 69,412 corporate customers, with 1,261,000 customers having a total of 2,024,000 accounts .....

· 20:10 01.12.2011
VTB Bank (Armenia) and Armenian Datacom Company sign an agreement on financing
ArmInfo. VTB Bank (Armenia) and Armenian Datacom Company (ADC) have signed an agreement on financing ADC for acquisition and upgrading .....

· 14:53 01.12.2011
Unibank offers its UNIPAY customers U-Pay card for utility payments
ArmInfo. Unibank has appeared with a new offer for its UNIPAY customers - U-Pay card for utility payments. The press service of Unibank reports that .....

· 18:16 30.11.2011
Loan interest rates will continue to drop in Armenia in 2012: CEO of ACBA-Credit Agricole Bank
ArmInfo. Loan interest rates will continue to drop in Armenia in 2012. This year they have dropped by .....

· 18:16 30.11.2011
Loan interest rates will continue to drop in Armenia in 2012: CEO of ACBA-Credit Agricole Bank
ArmInfo. Loan interest rates will continue to drop in Armenia in 2012. This year they have dropped by .....

· 18:13 30.11.2011
70% of AmEx Gold card transactions are payments
ArmInfo. Almost 70% of ACBA-Credit Agricole Bank's AmEx Gold transactions are payments. For other cards this index is 10% on an average, Stepan Gishyan, CEO of .....

· 20:06 29.11.2011
Ameriabank to receive a loan worth 20 mln USD from ADB for on-lending to small and medium enterprises
ArmInfo. Ameriabank will receive a loan worth 20 mln USD from the Asian Development Bank .....

· 14:20 29.11.2011
Armenian commercial banks will lose privileges when assessing fixed assets
ArmInfo. Parliament of Armenia passed second and final reading of amendments to the Law On Banks and Banking on November 29 .....

· 14:45 28.11.2011
All branches of VTB Bank (Armenia) to accept subscription fees for Hi-Line service from ArmenTel CJSC
ArmInfo. VTB Bank (Armenia) and ArmenTel CJSC (Beeline trademark) have signed an agreement on cooperation, the press .....

· 14:38 28.11.2011
VTB Bank (Armenia) joins Zolotaya Korona money transfer system
ArmInfo. VTB Bank (Armenia) has joined Zolotaya Korona (Gold Crown) international money transfer system. The press service of the Bank told ArmInfo .....

· 17:04 26.11.2011
ARARATBANK introduces ARARAT Business deposit for legal entities
ArmInfo. ARARATBANK has introduced an ARARAT Business deposit for legal entities for a period ranging from 31 days to 3 years at the interest rate .....

· 20:33 24.11.2011
Unibank sets up 5 new promo points at Orange sales outlets
ArmInfo. In November 2011 Unibank set up 5 new promo points at the sales outlets of Orange Armenia, the press service of .....

· 21:18 22.11.2011
Armenian premier congratulates bankers of Armenia on their professional holiday
ArmInfo. Armenian Prime Minister Tigran Sargsyan congratulated the employees of the Armenian banking system on the Banker's Day and on the 18th anniversary .....

· 19:22 22.11.2011
In Dec 2011 Unibank will open a branch in Davidashen
ArmInfo. In Dec 2011 Unibank is planning to open a branch in Yerevan's Davidashen community. The press service of the bank reports that it will .....

· 19:11 22.11.2011
ACBA-Credit Agricole Bank offers "Utility Payments" credit card to ease payment burden in winter
ArmInfo. ACBA-Credit Agriñole Bank offers its customers a new service - "Utility Payments" ArCa credit card for payment for the .....

· 16:19 22.11.2011
HSBC Bank Armenia reopens Komitas 1 branch at Renault-Nissan showroom
ArmInfo. Today HSBC Bank Armenia reopens its "Komitas 1" branch at "Renault-Nissnan" showroom on 47 Komitas Street, closed in June 2009 due to the .....

· 21:56 21.11.2011
HSBC Bank Armenia reopens its eighth branch
ArmInfo. Today HSBC Bank Armenia reopens its "Komitas 1" branch at "Renault-Nissnan" showroom on 47 Komitas Street, closed in June 2009 due to the bank's decision to .....

· 20:36 21.11.2011
VTB Bank Armenia introduces VTB World package
ArmInfo. VTB Group has integrated the ATMs of its subsidiaries in the CIS and Georgia. Starting from Nov 2011 the holders of VTB Bank Armenia's VISA Gold, .....

· 19:15 21.11.2011
ArmRusgasprom suggests paying for gas by installments in winter
ArmInfo. Today ArmRusgasprom CJSC signed an agreement with Areximbank- Gazprombank Group and ACBA Credit Agricole Bank on application of a new mechanism of payment .....

· 19:34 18.11.2011
New service of Unibank: reception of money transfer to card under UNISTREAM system by customer's call
ArmInfo. Unibank has given its customers an opportunity to receive money transfers under UNISTREAM system without .....

· 19:15 18.11.2011
Unibank offers a card for covering medical expenses
ArmInfo. Unibank has issued U-Care, a card for covering medical expenses. The press service of the bank reports that this is a Visa Classic card with the .....

· 17:30 18.11.2011
Ameriabank offers its customers a mortgage loan with very small prepayment
ArmInfo. Ameriabank has introduced three new types of mortgage loans: a loan given against a deposit, a loan given against an additional collateral .....

· 20:15 17.11.2011
Unibank launches a Promotion Point at Happy Voyage travel agency
ArmInfo. Unibank has launched a Promo Point at Happy Voyage travel agency sales point in Yerevan (Charents Street 40), Unibank press-service told ArmInfo. .....

· 17:26 17.11.2011
Ameriabank comes out as universal bank expanding spectrum of its services for individuals
ArmInfo. Ameriabank on the basis of its strategy of development into a universal bank has promoted its cooperation with individual .....

· 13:07 17.11.2011
As of Nov 15 2011 Areximbank-Gazprombank Group issued 88,357 plastic cards
ArmInfo. As of Nov 15 2011 Areximbank- Gazprombank Group issued 88,357 plastic cards - 24.4% more than Nov 15 2010, with 73,278 being .....

· 21:12 16.11.2011
Philip Kotler gives a master class on marketing to Ameriabank employees
ArmInfo. Philip Kotler, a well-known specialist of modern marketing, who has visited Yerevan on the margins of the project "Philip Kotler in .....

· 18:08 16.11.2011
Unibank intends to increase its portfolio of microcredits to 1.5 bln AMD in 2012
ArmInfo. Unibank intends to increase its portfolio of microcredits to 1.5 bln AMD in 2012, and to 1 bln .....

· 19:04 15.11.2011
Nov 30 Prometey Bank to hold a drawing in the framework of the Autumn Smile campaign
ArmInfo. Nov 30 Prometey Bank will hold a drawing of deposit agreement numbers in the framework of the .....

· 19:03 15.11.2011
Armenian commercial banks will lose privileges when assessing fixed assets
ArmInfo. Parliament of Armenia passed first reading of amendments to the Law On Banks and Banking on November 15. In his .....

· 21:11 14.11.2011
Armenian commercial banks - members of ArCa national processing increase number of cards 87.1%
ArmInfo. Armenian commercial banks - members of ArCa national processing issued a total of 36543 cards in Oct 2011, .....

· 13:09 14.11.2011
Areximbank-Gazrpombank Group starts issuing loans for payment for the gas consumed
ArmInfo. Areximbank-Gazprombank (GPB) Group has offered its customers a new service: opening of a credit line for paying the costs of .....

· 19:43 10.11.2011
Anelik Bank offers Reliable accumulative deposit
ArmInfo. Anelik Bank offers its depositors new Reliable accumulative deposit. The press service of Anelik Bank reports that for AMD deposits the interest rate is 12.3%, for USD ones .....

· 18:58 09.11.2011
Ameriabank presents advantages of brokerage, futures and options
ArmInfo. Ameriabank presented the advantages of its brokerage services, futures and options at a workshop Oct 28 and Nov 8 2011. The press service of Ameriabank .....

· 18:41 09.11.2011
Over Jan-Sept 2011 VTB Bank (Armenia) demonstrated 3.9 bln AMD net profit
ArmInfo. Over Jan-Sept 2011 VTB Bank (Armenia) demonstrated 3.9 bln AMD net profit and occupied the 3rd position in the banking .....

· 19:44 08.11.2011
State Committee of Real Estate Cadastre presents system-based changes to Union of Banks of Armenia
ArmInfo. The Armenian State Committee of Real Estate Cadastre under the Armenian Government presented cadastre system-based changes for .....

· 19:33 08.11.2011
Downward trend of interest rates in Armenia to continue in 2012: Head of Union of Banks of Armenia
Arminfo. The strong competition in the Armenian banking system in 2011 has led to 2-3% .....

· 19:04 08.11.2011
EBRD is ready to help Armenia to consolidate its banking system
ArmInfo. Armenia needs to consolidate its banking system and the European Bank for Reconstruction and Development is ready to help, Director of .....

· 18:40 08.11.2011
ARARATBANK intends to complete the year 2011 with over 2 bln AMD net profit
Arminfo. ARARATBANK intends to complete the year 2011 with over 2 bln AMD net profit, Executive Director of ARARATBANK .....

· 18:25 08.11.2011
ARARATBANK to receive a syndicated loan worth 12 mln USD in a lump sum
ArmInfo. ARARATBANK will receive a syndicated loan worth 12 mln USD in a lump sum for on-lending to micro, small .....

· 17:02 08.11.2011
Transfers volume on Analik system to be more than $1 bln by the end of 2011
Arminfo. The transfers volume on the Anelik money transfer system amounted to $766.2 mln for 9 months of .....

· 16:40 08.11.2011
Over Jan-Sep 2011 Anelik Bank increased its credit portfolio by 34%, deposits of individuals - by 37%, and assets - by 12.7%
ArmInfo. Over Jan-Sep 2011 Anelik Bank considerably increased its indices: credit portfolio .....

· 22:26 04.11.2011
In spring 2012 EBRD Board to approve strategy of cooperation with Armenia for 2012-2015
ArmInfo. In spring 2012 the EBRD Board will consider and approve the strategy of cooperation with Armenia for .....

· 19:02 03.11.2011
VTB Bank Armenia, Cosmopolitan Armenia and Visa present Visa VTB Cosmopolitan card
ArmInfo. VTB Bank Armenia, Cosmopolitan Armenia and Visa have presented a new women's co-branding card – VISA VTB Cosmopolitan. While presenting the card .....

· 18:49 03.11.2011
Areximbank-Gazprombank Group starts serving Ucom customers
ArmInfo. Areximbank-Gazprombank Group (GPB Group) has started serving Ucom costumers. From now on, the opportunity to pay for Ucom telecommunication services (internet services, cable television services .....

· 18:00 02.11.2011
"Areximbank-Gasprombank group" to credit customers of South Caucasus Railway
Arminfo. Within the frames of cooperation between CJSC "Areximbank-Gasprombank group" and CJSC "South Caucasus Railways" an arrangement was made to deliver customers of the .....

· 17:59 02.11.2011
Unibank offers UNIStream customers U-Stream+ card with preferential lending terms
ArmInfo. Unibank has offered the UNIStream customers a U-Stream+ card with a credit line worth up to 150,000 AMD. The press service .....

· 17:43 01.11.2011
Ameriabank offers new deposit - "Saving"
Arminfo. Ameriabank has extended the specter of its services to individual persons and offered a new deposit to its customers - "Saving". As press-service of the bank .....

· 17:43 01.11.2011
HSBC Bank Armenia and MasterCard announce a special three month offer, aimed to encourage non-cash sales transactions
ArmInfo. Cardholders with the highest number or volume of non- cash transactions will be eligible to win .....

· 22:21 31.10.2011
As a result of lottery on time deposit "Chance" of Converse Bank 6 depositors won 1 mln drams
Arminfo. Today Converse Bank drew the lottery on the time deposit "Chance", within the frames .....

· 18:54 28.10.2011
Armeconombank joins VISA system
ArmInfo. Armeconombank has joined the VISA system and has started issuing VISA Infinite, VISA Platinum, VISA Gold, VISA Business, VISA Classic and VISA Electron cards. The press service of Armeconombank reports .....

· 16:45 27.10.2011
Armeconombank and BSTDB make credit contract at $5 mln for 5 years
Arminfo. Armeconombank and BSTDB have made a credit contract at $5 mln for 5 years. As press-service of Armeconombank reported, the bank .....

· 16:04 27.10.2011
Commerzbank approves a loan for Ameriabank for on-lending to small and medium enterprises
ArmInfo. Commerzbank (Germany) has approved a bilateral unsecured loan for Ameriabank. The press service of Ameriabank told ArmInfo that the .....

· 15:56 26.10.2011
VTB Bank (Armenia) launches new remote service of accounts - SMS-banking
ArmInfo. VTB Bank (Armenia) has launched a new remote service of accounts - SMS-banking for individual persons. As press-service of the bank .....

· 19:12 25.10.2011
EBRD prolongs its term of participation in Armeconombank's capital for 3 years
ArmInfo. Today the European Bank for Reconstruction and Development (EBRD) signed an agreement with Armeconombank on prolongation of the EBRD's term .....

· 14:43 25.10.2011
"Anelik Bank" offers new conditions for "Vacation" deposit with an opportunity of trip ticket to Greece
Arminfo. The "Anelik Bank" offers new conditions for "Vacation" deposit with an opportunity of a trip ticket to .....

· 18:42 24.10.2011
Unibank increases number of cards by 20% to 73.2 thsd
ArmInfo. As of 1 Oct 2011, the number of plastic cards issued by Unibank totaled over 73.2 thsd, having exceeded the index of .....

· 16:01 21.10.2011
Ameriabank offers an alternative to deposits - standard gold bars
ArmInfo. Ameriabank offers an alternative to deposits - standard gold bars, Trade Operations Manager of Ameriabank Sergey Shevchenko said in an interview to ArmInfo. He .....

· 22:12 20.10.2011
In next five years Armenia's banking system to annually increase its share in GDP by 10%
ArmInfo. In the next five years Armenia's banking system will annually increase its share in the GDP by .....

· 21:34 20.10.2011
Tigran Jrbashyan: Armenia's place in Doing Business 2012 report reflects the real economic situation in the country
ArmInfo. Armenia's place in Doing Business 2012 report reflects the real economic situation in the country but .....

· 21:18 20.10.2011
Ameria Group intends to acquire a bank in Georgia
ArmInfo. Ameria Group is negotiating on acquisition of one of the banks of Georgia. Director for Development of Ameriabank Tigran Jrbashyan said at today's .....

· 20:37 20.10.2011
Ameriabank to announce about its new consolidation in the first half of 2012
Arminfo. Ameriabank is going to announce about its new consolidation with one of the commercial banks of Armenia in the half- .....

· 19:56 20.10.2011
Ameriabank in the leading five on net profit
Arminfo. According to the results of 9 months, Ameriabank provided 2.9 bln drams net profit. As Ameribank director for development, Tigran Jrbashyan, told journalists today, by .....

· 18:00 20.10.2011
"Bank Anelik" and EBRD arranged on trade financing
Arminfo. "Bank Anelik" and European Bank for Reconstruction and Development (EBRD) signed the credit contract on trade financing. As press-service of the bank reported, the contract .....

· 17:51 20.10.2011
"Areximbank - Gasprombank Group" to increase the number of ATMs up to 56 by the end of 2011
Arminfo. "Areximbank - Gasprombank Group" is going to increase the number of its ATMs up to .....

· 21:09 19.10.2011
ARARATBANK to receive the first tranche of syndicated loan by late 2011
ArmInfo. ARARATBANK will receive the first tranche of a syndicated loan worth 12 mln USD by late 2011, Head of the .....

· 20:39 19.10.2011
EBRD holds over its decision to withdraw from the capital stock of one of Armenian banks
ArmInfo. The European Bank for Reconstruction and Development (EBRD) holds over its decision to withdraw from .....

· 16:39 19.10.2011
Unibank raises the interest rate of Holiday-10 deposit
ArmInfo. Unibank has raised the interest rate of Holiday-10 time deposit in USD to 9% p.a., having hereby increased the yield of the deposit specially .....

· 13:18 19.10.2011
Areximbank-Gazprombank Group plans to increase private remittances by 15% till 2012
ArmInfo. Turnover of Areximbank-GPB Group's private remittances for 9 months of 2011 totaled 19.7 bln drams with remittances to Armenia amounting to 8.3 .....

· 16:00 18.10.2011
VTB Bank (Armenia) joins Priority Pass programme
Arminfo. Since October 2011 VTB Bank (Armenia) has become a participant in the world known Priority Pass programme, for owners of the premium cards of the bank. .....

· 15:37 18.10.2011
New office of ACBA-Credit Agricole Bank in Yerevan meets European standards
Arminfo. ACBA-Credit Agricole Bank opened today a new and the first modern office "Armenia" in Yerevan near the Republic Square, at Piazza Grande .....

· 17:39 14.10.2011
ARARATBANK to receive a syndicated loan worth 12 mln USD
ArmInfo. ARARATBANK will receive a syndicated loan worth 12 mln USD to finance the development of micro, small and medium enterprises of Armenia. .....

· 16:57 14.10.2011
Unibank opens 5 new promo-points at sales centers of Orange Armenia
ArmInfo. Within the framework of cooperation with Orange Armenia, Unibank has opened 5 new promo-points at the sales centers of Orange Armenia. .....

· 16:10 13.10.2011
Areximbank-Gasprombank Group increases its credit portfolio by 30% up to 63.8 bln drams for 9 months
Arminfo. Areximbank-Gasprombank Group has increased its credit portfolio by 30% up to 63.8 bln drams for 9 .....

· 15:49 13.10.2011
Ameriabank jointly with Austrian Airlines and BMI offer discount for the air tickets when buying them via banking cards
Arminfo. Ameriabank jointly with Austrian Airlines and BMI have offered discount for the air tickets .....

· 19:05 12.10.2011
VTB Bank (Armenia) and Muran LLC hold a joint exclusive campaign on car loans
ArmInfo. VTB Bank (Armenia) and Muran LLC are holding a joint exclusive campaign on provision of .....

· 19:24 11.10.2011
Armeconombank permitted by CB to participate in VISA international payment and settlement system
ArmInfo. At today's sitting the Council of the Central Bank of Armenia gave Armeconombank a permit to participate in VISA .....

· 15:44 11.10.2011
Araratbank to provide students of State Engineering University of Armenia with per diem plastic cards
ArmInfo. Araratbank will provide the students of the State Engineering University of Armenia (SEUA) with per diem plastic cards. During .....

· 10:31 10.10.2011
Professional banking community of Armenia determines its leaders of 2011
ArmInfo. The professional banking community of Armenia has determined its worthy competitors. As a result of an inter-bank cross public opinion poll among .....

· 16:08 07.10.2011
HSBC Bank Armenia to refinance part of mortgage loans of First Mortgage Company
ArmInfo. HSBC Bank Armenia cjsc has signed a Memorandum on Cooperation with First Mortgage Company UCO LLC on refinancing an existing .....

· 15:21 07.10.2011
Araratbank's dual purpose cards are popular
ArmInfo. Araratbank presented its dual purpose plastic cards at the 7th DigiTech on Friday. Head of the Monitoring and Card Service Department of Araratbank Armen Asatryan said that in .....

· 19:04 05.10.2011
VTB Bank (Armenia) and VTB Bank (Georgia) launch a joint product – AutoTransit Card
ArmInfo. For the first time in Armenia, VTB Bank (Armenia) and VTB Bank (Georgia) offer their customers a joint .....

· 18:40 05.10.2011
HSBC Bank Armenia awards its best trade customers
ArmInfo. HSBC Bank Armenia CJSC held its second Trade Award official ceremony and announced its Best Trade Customers of 2010 today, at its head office .....

· 11:45 05.10.2011
ProCredit Bank starts more dynamic and aggressive activity in Armenia
Arminfo. ProCredit Bank has started implementing more dynamic and aggressive strategy in Armenia, chairman of ProCredit Holding Christoph Freytag said when introducing a new .....

· 18:33 04.10.2011
VTB Bank (Armenia) gives special priority to enhancement of professionalism of mid-level managers
ArmInfo. VTB Bank (Armenia) gives special priority to enhancement of the professionalism of mid-level managers and to the training of .....

· 16:25 03.10.2011
Mher Grigroayn appointed as Chairman of the Management Board of Ardshininvestbank
ArmInfo. Former Deputy Chairman of the Board of VTB Bank Armenia Mher Grigoryan has been appointed as Chairman of the Management Board of .....

· 16:00 03.10.2011
VTB Bank Armenia introduces free Cash Back service
ArmInfo. VTB Bank Armenia has introduced a free Cash Back service. The press service of VTB Bank Armenia reports that from now on the holders of the .....

· 21:58 30.09.2011
ACBA-Credit Agricole Bank launches issue of AmEx Blue credit cards
ArmInfo. ACBA-Credit Agricole Bank jointly with American Express announced the issue of innovative cards American Express Blue. On this occasion a great laser show .....

· 18:10 29.09.2011
New European bank enters Armenian market
ArmInfo. One of the largest banks of Latvia - Rietumu Banka - is entering the banking market of Armenia, a reliable source in the banking circles told .....

· 19:34 27.09.2011
VTB Bank (Armenia) launches Online Advisor service via Skype for the first time in Armenian banking market
ArmInfo. In order to expand the customer service ways, for the first time in the Armenian banking .....

· 16:19 27.09.2011
Ardshininvestbank increases transfers portfolio by 20%
Arminfo. For Jan-Aug of the current year versus the same period of 2010 Ardshininvestbank increased the volume of money transfer via international payment systems by 20% - .....

· 16:18 27.09.2011
Transfers from Russia to Armenia by Anelik system demonstrates 5-fold annual growth
ArmInfo. In Jan-Aug 2011 the volume of money transfers by Anelik system amounted to $673 mln, with the annual growth .....

· 16:57 26.09.2011
Ameria opens a representation in the United States
ArmInfo. Ameria Group has registered its representation Ameria Group Inc. in L.A., California. Head of Corporate Banking of Ameriabank Gagik Sahakyan told journalists in .....

· 11:59 23.09.2011
ArCa transactions in Areximbank-Gazprombank Group processing center up 18.8% for Aug
ArmInfo. Transactions with local ArCa cards in the processing center of Areximbank-GPB Group were up 18.8% for Aug 2011 versus Aug 2010 to .....

· 11:59 23.09.2011
ArCa transactions in Areximbank-Gazprombank Group processing center up 18.8% for Aug
ArmInfo. Transactions with local ArCa cards in the processing center of Areximbank-GPB Group were up 18.8% for Aug 2011 versus Aug 2010 to .....

· 11:59 23.09.2011
ArCa transactions in Areximbank-Gazprombank Group processing center up 18.8% for Aug
ArmInfo. Transactions with local ArCa cards in the processing center of Areximbank-GPB Group were up 18.8% for Aug 2011 versus Aug 2010 to .....

· 19:53 19.09.2011
Unibank sets up 5 promo-points at service points of Orange Armenia and starts providing loans for purchase of Orange mobile telephones
ArmInfo. Unibank has started providing loans for the purchase of Orange .....

· 19:27 19.09.2011
HSBC Bank Armenia announces the launch of a single package of services at a reduced tariff
ArmInfo. Within the frames of lending to legal entities and private entrepreneurs, HSBC .....

· 18:22 19.09.2011
HSBC to continue developing its business in Armenia
ArmInfo. HSBC will continue investing money in the development of its business in Armenia, CEO of HSBC Bank Armenia Astried Clifford said during a press-conference on .....

· 16:19 19.09.2011
HSBC Bank Armenia activates consumer crediting
ArmInfo. HSBC Bank Armenia is going to activate the segment of consumer crediting. When replying to ArmInfo correspondent's question, Arman Barseghyan, Head of Retail Banking Services .....

· 15:22 19.09.2011
HSBC Bank Armenia Resumes the Service of Visa And MasterCards as a result of $1million worth software upgrade project
ArmInfo. HSBC Bank Armenia has resumed acquiring of international VISA and MasterCards and started servicing .....

· 18:25 15.09.2011
Areximbank-Gazprombank Group launches a Gazprombank-Festive deposit on occasion of 20th anniversary of Armenian Independence
ArmInfo. Areximbank-Gazprombank Group is launching a Gazprombank-Festive deposit on the occasion of the 20th anniversary of Armenian Independence. .....

· 16:33 15.09.2011
In Nov Unibank's processing center will start embossing Visa cards
ArmInfo. In late Oct-early Nov 2011 Unibank's processing center will start embossing Visa chip cards, Deputy Chairman of the Board, Card Business Manager .....

· 16:30 15.09.2011
Unibank launches mobile commerce project in Armenia
ArmInfo. For the first time in the history of the Armenian banking system, Unibank is going to launch a mobile commerce project. Deputy Chairman of .....

· 15:14 15.09.2011
"Converse Bank" attracts 1.260 bln drams within the frames of "Summer" deposit for June-August" 2011
Arminfo. Within the frames of the "Summer" deposit "Converse Bank" has managed to attract 1.260 bln drams for June-August .....

· 18:45 14.09.2011
Unibank introduces Holiday-10 high yield deposit
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 .....

· 18:05 14.09.2011
ACBA-Credit Agricole Bank registers biggest ever assets in Armenia's banking system
ArmInfo. ACBA-Credit Agricole Bank has registered the biggest ever assets in Armenia's banking system – 200mln AMD, CEO of ACBA-Credit Agricole Bank Stepan .....

· 16:26 14.09.2011
Visa Student cardholders to speak for 1 AMD per minute within Beeline network
ArmInfo. The Visa Student cardholders of ACBA Credit Agricole Bank will be able to become ArmenTel (Beeline trademark) subscribers and .....

· 16:26 14.09.2011
Visa Student cardholders to speak for 1 AMD per minute within Beeline network
ArmInfo. The Visa Student cardholders of ACBA Credit Agricole Bank will be able to become ArmenTel (Beeline trademark) subscribers and .....

· 16:26 14.09.2011
Visa Student cardholders to speak for 1 AMD per minute within Beeline network
ArmInfo. The Visa Student cardholders of ACBA Credit Agricole Bank will be able to become ArmenTel (Beeline trademark) subscribers and .....

· 16:26 14.09.2011
Visa Student cardholders to speak for 1 AMD per minute within Beeline network
ArmInfo. The Visa Student cardholders of ACBA Credit Agricole Bank will be able to become ArmenTel (Beeline trademark) subscribers and .....

· 14:01 14.09.2011
Areximbank-Gazprombank Group offers Deposit "Individual" to its VIP customers
ArmInfo. Areximbank-Gazprombank Group offers a new Deposit "Individual" to its VIP customers with a possibility of replenishing the principal amount. The bank's press-service told .....

· 14:04 13.09.2011
ProCredit Bank expanding branch network in Yerevan
ArmInfo. ProCredit Bank is expected to open three new branches in Yerevan till the end of the year. Ashot Abrahamyan, Acting Executive Director, Member of Directorate of .....

· 14:28 10.09.2011
ADB opens the third regional office
Arminfo. Armenian Development Bank (ADB) has opened the regional office "Gyumri" in Gyumri, Gorkiy street 73/3. As press-service of the bank reported, this year the .....

· 18:34 09.09.2011
E-customs payments via Bank-Customer system launched in Anelik Bank jointly with State Revenue Committee
ArmInfo. Today Anelik Bank and Sate Revenue Committee announced the launch of a new banking product - .....

· 17:03 09.09.2011
ProCredit Bank Launches New 12 Year Business and Agro Loans for Capital Investments
ArmInfo. ProCredit Bank introduces business and agro loans with up to 12 years of maturity. The acting executive director of .....

· 16:55 09.09.2011
Gold Standard deposit from Areximbank-Gazprombank Group to save money funds from currency risks
ArmInfo. The Golden Standard deposit from Areximbank-Gazprombank Group will save the money funds from currency risks. The .....

· 16:14 09.09.2011
Armenian banks to start taking active part in training process of future bankers and financial experts
Arminfo. An agreement on mutual cooperation was signed today between the Union of Armenian Banks (UAB) .....

· 15:54 09.09.2011
Union of Banks of Armenia: HSBC considers only development programs in Armenia
ArmInfo. HSBC Group considers only development programs in Armenia, President of the Union of Banks of Armenia-CEO of ARARATBANK Ashot Osipyan said .....

· 13:37 09.09.2011
Credit interest rates go on dropping, and deposit interest rates will also drop, chairman of Union of Armenian Banks predicts
Arminfo. The credit interest rates go on dropping, and deposit interest rates will also .....

· 17:42 08.09.2011
Armenian bankers to present financial and banking system of Armenia in USA
Arminfo. On 25 September the Union of Banks of Armenia (UBA) is organizing the first international conference of Armenian banks in Los .....

· 17:09 08.09.2011
Ameriabank focuses leasing portfolio on ore mining sphere
ArmInfo. The lion's share in the leasing portfolio of Ameriabank (60%) falls on the ore mining sphere. Director for Development of Ameriabank Tigran Jrbashyan said .....

· 16:54 07.09.2011
By late 2011 Ameriabank is going to increase its credit portfolio to 130 bln AMD
ArmInfo. By late 2011 Ameriabank is going to increase its credit portfolio to 130 bln AMD against 123 .....

· 14:44 07.09.2011
Vahram Nersisyants: The state will not take part in activity of the Pan-Armenian Bank
Arminfo. The ceremony of official opening of Pan-Armenian Bank took place in Yerevan today. President of Armenia Serzh Sargsyan, .....

· 18:57 06.09.2011
Central Bank registers branches of Ameriabank, Araratbank and Prometey
ArmInfo. The Central Bank of Armenia has registered a branch of Ameriabank in Vanadzor, a branch of Araratbank in Goris and a branch of Prometey .....

· 18:42 06.09.2011
Ameriabank opens branch in Vanadzor
ArmInfo. The new branch of Ameriabank in Vanadzor, Lori marz, was officially inaugurated on Tuesday. The ceremony was attended by the governor of Lori, Central Bank officials and businessmen. CEO .....

· 15:34 06.09.2011
To accelerate customs clearing process, Anelik Bank and State Revenue Committee suggest making customs payments via Bank-Customer e-system
ArmInfo. For the first time in Armenia Anelik Bank and State Revenue Committee suggest making .....

· 15:33 06.09.2011
Accounts in VTB Bank (Armenia) may be replenished by Telcell starting 6 September
Arminfo. Starting 6 September Telcell company has given the owners of accounts in VTB Bank (Armenia) an opportunity to replenish their .....

· 18:51 05.09.2011
Unibank has biggest time deposit portfolio in Armenia's banking sector
ArmInfo. In Jan-June 2011 as compared with Jan-June 2010 Unibank's time deposit portfolio grew by 28%. The press service of Unibank reports that as .....

· 12:57 05.09.2011
Areximbank-GPB Group offers a new product -intangible metal accounts
ArmInfo. Areximbank-Gazprombank Group offers its customers a new way to insure money against currency risks through creation of non-cash metal accounts, the bank's press-service told .....

· 15:07 02.09.2011
"Areximbank-Gasprombank group" and Central Bank sing contract on participation in the WB programme on SME crediting
Arminfo. On 30 August "Areximbank-Gasprombank group" and Central Bank singed a contract on participation in the WB programme .....

· 14:14 01.09.2011
VTB Bank (Armenia) launches unique service - VTB-transfer - getting of transfer via a call
Arminfo. Beginning from 1 September of the current year VTB Bank (Armenia) has launched a unique service - VTB-transfer .....

· 19:10 31.08.2011
Over Jan-July 2011 turnover of UNISTREAM system exceeded $349 mln, having annually increased by 27%
ArmInfo. Over Jan-July 2011, the turnover of UNISTREAM international money transfer system in Armenia exceeded $349 mln, having increased .....

· 19:07 31.08.2011
UNISTREAM reduces tariff for money transfer from Armenia to Russia to 0.5%
ArmInfo. Sept 1 2011 INISTREAM will reduce its tariff for money transfer from Armenia to Russia to 0.5% for transfers exceeding 3,000 .....

· 18:39 30.08.2011
Ardshininvestbank offers a new "Independence" deposit to the depositors on the occasion of 20th anniversary of Armenia's independence
ArmInfo. Ardshininvestbank offers a new "Independence" time deposit on the occasion of the .....

· 17:53 30.08.2011
Regional presence of Armenian Development Bank starts from the NKR
ArmInfo. The Armenian Development Bank (ADB) has opened its first regional branch. The branch is situated in Nagorno-Karabakh at 13, Azatamartikneri Str., Stepanakert. .....

· 15:23 30.08.2011
Monthly salary of employee in banking system of Armenia amounted to 299 thsd drams or $810 by 1 July 2011
Arminfo. In Jan-June 2011 the average monthly salary of one employee in the banking .....

· 15:22 30.08.2011
Accumulated profit of banking system of Armenia dropped by 13,3% to $249.1 mln for 2Q 2011
Arminfo. The accumulated profit of the banking system of Armenia dropped by 3.2% in Jan-June 2011 against 9.6% .....

· 15:22 30.08.2011
Banking system of Armenia completes first half of 2011 with net profit $57.6 mln, growth by 39,3% versus first half of 2010
Arminfo. In Jan-June 2011 the aggregate net profit of Armenia's commercial banks .....

· 15:21 30.08.2011
About 40% of deposits of physical entities in banking system of Armenia are concentrated at the leading three - "HSBC Bank Armenia", Unibank and "VTB Bank (Armenia)"
Arminfo. In Jan-June 2011 the amount of .....

· 14:06 30.08.2011
Armenia's banking system increases its obligations by more than 32% thanks to attraction of time deposits and international credits
Arminfo. The total obligations of Armenia's banking system grew by 14% in Jan-June 2011, by .....

· 11:32 27.08.2011
Ameriabank retains leading position in lending to economy, and ACBA-Credit Agricole Bank - in personal loans
ArmInfo. As of June 30 2011 the loan book of the banking system of Armenia totaled 1.179trl AMD .....

· 11:32 27.08.2011
HSBC Bank Armenia, ArmSwissbank and Ardshininvestbank top three banks in terms of investing in government bonds
ArmInfo. According to the table, the aggregate investments of Armenia's commercial banks in government bonds grew by 31.2% .....

· 11:31 27.08.2011
Assets of the banking system of Armenia UP 12.5% for the first half of 2011
ArmInfo. The assets of the banking system of Armenia grew by 12.5% in Q1 2011 and by 5.7% .....

· 18:31 26.08.2011
Moody's rating agency made the ratings of Ardshininvestbank unchanged
ArmInfo. Moody's rating agency made the Ardshininvestbank's Ba2 long-term and Not Prime short-term local currency deposit ratings, Ba3 long-term and Not-prime short-term foreign currency deposit .....

· 17:22 26.08.2011
Ameriabank issues privilege for representatives of SME - no rate of interest when crediting
Arminfo. Ameriabank offers representatives of small and medium-sized business competitive and effective crediting conditions. As press-service of the bank .....

· 17:21 26.08.2011
Unibank launches promo point in Kaiser supermarket in Yerevan's Achapnyak community
ArmInfo. Unibank has launched a promo point in the Kaiser supermarket in Yerevan's Achapnyak community (23/6 Margaryan Street). The press service of Unibank .....

· 12:39 24.08.2011
Unibank increases number of bankcards by 42%
ArmInfo. Unibank issued over 71 thousand bankcards as of August 1 2011, which was 42% more than in the same period of 2010, Unibank press-service told ArmInfo. The .....

· 17:25 23.08.2011
In Jan-June 2011 ROE of the banking system of Armenia made up 6.35%, ROA made up 1.24%
ArmInfo. In Jan-June 2011 ROE of the banking system of Armenia made up 6.35% - 0.97% more .....

· 17:12 23.08.2011
ACBA-Credit Agricole Bank, HSBC Bank Armenia and VTB Bank Armenia register the highest net profits in Jan-June 2011
ArmInfo. ACBA-Credit Agricole Bank, HSBC Bank Armenia and VTB Bank Armenia registered the highest net profits .....

· 15:30 23.08.2011
Credit Bank increases its share in the capital of "Anelik Bank" up to 69,5%
Arminfo. The Lebanese Credit Bank has increased its share in the capital of "Anelik Bank" from 51% up to .....

· 18:46 22.08.2011
VTB Bank (Armenia) improves tariffs of VISA debit cards
Arminfo. VTB Bank (Armenia) has improves tariffs of VISA debit cards. As press-service of the bank reported, in particular, the minimum balance has been canceled. .....

· 16:47 22.08.2011
Amount of ArCa card transactions in processing network of Areximbank-GPB Group grew by 13.6% in July 2011
ArmInfo. In July 2011 as compared with July 2010 the amount of ArCa card transactions in the .....

· 14:44 20.08.2011
Car loan in Unibank has become more available thanks to decrease of prepayment to 20%
Arminfo. Unibank has improved the conditions of the dram credits to purchase motor vehicles produced in 2011 via reducing .....

· 17:11 19.08.2011
Armenian banks increase issue of plastic cards by 20,4% by August
Arminfo. In July 2011 Armenian commercial banks emitted 20417 cards which is by 20,4% more than in July 2010. The number of .....

· 18:14 17.08.2011
ACBA-Credit Agricole Bank increases net profit by 58,4% and becomes the leader
Arminfo. According to the results of the first half-year 2011, ACBA-Credit Agricole Bank provided 3 bln drams net profit, which is by .....

· 14:38 17.08.2011
Unibank is among Armenia's biggest tax payers
ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the .....

· 14:38 17.08.2011
Unibank is among Armenia's biggest tax payers
ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the .....

· 14:38 17.08.2011
Unibank is among Armenia's biggest tax payers
ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the .....

· 14:38 17.08.2011
Unibank is among Armenia's biggest tax payers
ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the .....

· 17:57 16.08.2011
Armenian banks are ready to spend about 32% of their profit to improve IT infrastructures and technical upgrading
Arminfo. About 46% of Armenian commercial banks are going to invest $200-500 thsd to improve IT .....

· 22:49 12.08.2011
HSBC Bank Armenia announces its financial results for the first half of 2011
ArmInfo. HSBC Bank Armenia announced its financial results for the first half of 2011. The bank recorded growth in almost all .....

· 15:48 12.08.2011
VTB Bank (Armenia) says about great demand for mortgage crediting by young scientists and members of art unions
ArmInfo. VTB Bank (Armenia) says about the great demand for the mortgage crediting within the frames .....

· 19:49 11.08.2011
Ameriabank reopens its Cascade branch
ArmInfo. Ameriabank has reopened its Cascade branch (6 Demirtchyan Str., Yerevan). The press service of Ameriabank reports that the branch has been repaired and supplied with modern equipment and furniture .....

· 18:17 11.08.2011
In Jan-June 2011 Unibank enlarged its time deposit portfolio by 28%
ArmInfo. In Jan-June 2011 as compared with Jan-June 2010 Unibank enlarged its time deposit portfolio by 28% to 80.3bln AMD. The .....

· 19:36 10.08.2011
CJSC "VTB Bank (Armenian)" sponsors holding of 5th Pan-Armenian Games
Arminfo. CJSC "VTB Bank (Armenian)" has sponsored holding of the 5th Pan-Armenian Games, on 13-21 August in Yerevan. Armenian sportsmen from all over .....

· 18:38 10.08.2011
"Anelik Bank" reduces tariffs for "Bank-customer" system users
Arminfo. "Anelik Bank" has reduced tariffs for the "Bank-Customer" (Internet-banking) system users, press-service of the bank reported. Instead of 7000 monthly payment for the full .....

· 20:51 09.08.2011
Over Jan-July 2011 Ameriabank increases number of its plastic cards by 58.6%
ArmInfo. Over Jan-July 2011 Ameriabank increased the number of plastic cards by 58.6% to 22606. The press service of the bank .....

· 17:17 05.08.2011
"Bank Anelik" to provide a depositor with a trip ticket within the frames of the deposit "Vacation"
Arminfo. One of the depositors of "Bank Anelik" has won a trip ticket for two persons to .....

· 14:18 05.08.2011
Head of ACBA-Credit Agricole Bank: Financing of investment projects in Armenia by commercial banks is poorly developed
ArmInfo. The financing of investment projects in Armenia by the commercial banks is poorly developed, Director General .....

· 14:07 05.08.2011
ArmInfo determines the most universal banks of Armenia
ArmInfo. By its main financial indices, Ameriabank took the lead among the most universal banks of Armenia in Q2 2011. The Analysis of the Banking .....

· 18:22 04.08.2011
Car loan in Unibank - just 11% pre-payment
Arminfo. Unibank has started a new programme on car loan, which offers a loan with low pre-payment when purchasing HYUNDAI ELANTRA, press-service of the bank reported. .....

· 18:05 03.08.2011
Ardshininvestbank decreases commitment fees on transfers within Intel Express service
Arminfo. Ardshininvestbank has decreased commitment fees on transfers from Armenia via Intel Express service - to 1,5%. As press-service of Ardshininvestbank reported, the bank has .....

· 16:36 03.08.2011
Ameriabank increases portfolio of time deposits of individual persons by 19% for first half-year of 2011
Arminfo. Ameriabank increased the portfolio of the time deposits of individual persons by 19% for the first half-year .....

· 15:50 03.08.2011
VTB Bank (Armenia) offers "Affordable" type of loans to medium business
ArmInfo. VTB Bank (Armenia) has launched a new product for medium business - the "Affordable" loan. The press service of VTB .....

· 11:47 03.08.2011
Unibank launches a promo point at M&S furniture store
ArmInfo. Unibank has launched a promo point at M&S furniture store at 29/1, Isakov Str., Yerevan. The press service of Unibank told ArmInfo that the .....

· 18:06 02.08.2011
Deposits in Armenian banks up 3,7% - to 785.7 bln drams for June
Arminfo. The volume of deposits attracted by commercial banks of Armenia increased by 3,7% (by 25,5% as against June 2010, .....

· 16:02 02.08.2011
ACBA-Credit Agricole Bank 7.5 billion AMD loans under state program on subsidizing agriculture loans
ArmInfo. Under the state program on subsidizing of agricultural loans, ACBA Credit Agricole Bank provided loans worth 7.5 billion AMD, .....

· 19:13 29.07.2011
NASDAQ OMX Armenia lists fourth issue of ARARATBANK bonds
ArmInfo. Today NASDAQ OMX Armenia held an opening bell ceremony devoted to the listing of fourth issue of ARARATBANK open joint stock company bonds. According .....

· 16:11 29.07.2011
In Jan-June 2011 the turnover of Anelik Bank's money transfer system totalled $467mln
ArmInfo. In Jan-June 2011 the turnover of Anelik bank's money transfer system totalled $467mln: 10% growth in the amount of transfers, .....

· 15:19 29.07.2011
Unibank's zero interest consumer loans in Zigzag chain stores
Yerevan. Unibank has launched a U-Zigzag-0% program allowing the consumers of the Zigzag retail chain to buy goods at zero interest. The press service of Unibank .....

· 19:03 26.07.2011
ARARATBANK outstrips targeted net profit by 61%
ArmInfo. At the end of the first half of 2011, ARARATBANK outstripped the targeted net profit by 61%. The net profit of the bank amounted .....

· 15:25 22.07.2011
ProCredit Bank already serves the Customers in Arabkir Community
ArmInfo. Today ProCredit Bank is celebrating its new "Komitas" branch opening ceremony. The branch is located in 39 Komitas avenue and was officially .....

· 18:29 21.07.2011
Anelik Bank ensures 67% annual growth in portfolio of individuals' deposits
ArmInfo. Over the first half-year 2011 versus first half-year of 2010, Anelik Bank increased its credit portfolio by 35% to 35.4 bln .....

· 18:29 21.07.2011
Unibank launches a promo point at Mobile Center store
ArmInfo. Unibank has launched a promo point at the Mobile Center store (Tumanyan Str.), the press service of the bank told ArmInfo. According o .....

· 20:30 20.07.2011
Russian banks have enlarged their presence in Armenia's banking system to $94mln
ArmInfo. Due to active expansion policy Russian banks have enlarged their presence in Armenia's banking system to $94mln, Deputy Head of the .....

· 16:00 20.07.2011
In Jan-June 2011 Areximbank-Gazprombank Group increased its loan book by 27%
ArmInfo. In Jan-June 2011 Areximbank-Gazprombank Group increased its loan book by 27% to 62.6bln AMD. The press service of the bank reports that during .....

· 14:12 20.07.2011
Armbusinessbank to increase number of plastic cards up to 50 thsd by the end of 2011
Arminfo. Armbusinessbank is going to increase the number of the plastic cards up to 50 thsd by the .....

· 12:50 20.07.2011
Ameriabank and Citibank sign a CARTA agreement worth 4 mln USD
ArmInfo. Ameriabank and Citibank (USA) signed a Continuing Agreement for Reimbursement of Trade Advances to attract 4 mln USD for trade financing. .....

· 17:56 15.07.2011
Prometey Bank to open its first regional branch in Armenia
ArmInfo. On July 16 Prometey Bank will open its first regional branch in Armenia - Gyumri. The press .....

· 17:28 15.07.2011
"Areximbank-Gazprombank Group" CJSC Granted Single Student Scholarships to the Beneficiaries of 2011
ArmInfo. On July 14, 2011 "Areximbank - Gazprombank Group" CJSC held the official ceremony of awarding single scholarships for .....

· 17:26 15.07.2011
ProCredit Bank in Armenia has launched "Young Banker Program"
ArmInfo. This week ProCredit Bank has successfully launched its "Young Banker Program". The press service of ProCredit Bank told ArmInfo that 24 promising young people .....

· 17:23 15.07.2011
Unibank introduces new product: U-Smile - consumer loan for dental services
ArmInfo. Unibank has introduced a new product: consumer loan U-Smile for dental services. Unibank press-service told ArmInfo the maturity of .....

· 21:07 12.07.2011
"HAYRUSGAZARD" CJSC's corporate bonds were redeemed
ArmInfo. On July 7, 2011 "HAYRUSGAZARD" CJSC redeemed its corporate bonds. The company redeemed AMD 1 billion in face value and paid coupons for AMD 475 .....

· 21:04 12.07.2011
Active placement of excessive liquidity of Armenian banking system to start in autumn 2011
ArmInfo. By autumn 2011 the demand for credit products in Armenia will considerably grow; therefore the banks will have .....

· 21:03 12.07.2011
Unibank reduces loan interests for small enterprises
ArmInfo. Unibank has reduced the interests on loans UNI-EXPRESS and UNI-MICRO by 1%-2% for small enterprises. Unibank press-service told ArmInfo the annual interest on UNI-EXPRESS .....

· 10:36 12.07.2011
Demand for ARARATBANK's fourth bond issue was 25% bigger than offer
ArmInfo. During the placement of the fourth issue of ARARATBANK's bonds the demand was 25% bigger than the offer. The press service of .....

· 17:23 11.07.2011
Ameriabank to increase leasing portfolio to 3 bln drams for late 2011
ArmInfo. Ameriabank plans to increase its leasing portfolio 80% for late 2011 versus 2010 to 3 bln drams. Ameriabank Director .....

· 17:22 11.07.2011
One can receive technical inspection coupons at VTB Bank (Armenia)
ArmInfo. From now on one can receive the motor vehicle technical inspection coupons at VTB Bank (Armenia). The process of payments for technical .....

· 14:35 11.07.2011
By late 2011 Ardshininvestbank intends to increase mortgage portfolio by 90%
ArmInfo. Ardshininvestbank is going to increase its mortgage portfolio by 90% to 4 bln AMD by late 2011, Acting Chairman of .....

· 13:39 08.07.2011
Banking community of Armenia expects 4.8% economic growth by late 2011
ArmInfo. By late 2011 the banking community of Armenia expects 4.8% economic growth. These are the results of the public .....

· 20:47 07.07.2011
Unibank launches a UNI-accumulative deposit
ArmInfo. Unibank has launched a new deposit for individuals - UNI-accumulative. The press- service of the bank told ArmInfo that the given deposit is accepted until 31 .....

· 20:49 30.06.2011
Armenian Finance Minister Vache Gabrielyan appointed Armenia's authorized representative to Council of Eurasian Development Bank
ArmInfo. By Armenian Premier Tigran Sargsyan's decision #590 dated 27 June 2011, Armenian Finance Minister Vache Gabrielyan has been .....

· 19:59 30.06.2011
Deposits with Armenian banks up 1.4% for May 2011 to 757.4 bln drams
ArmInfo. Deposits raised by Armenian commercial banks for May 2011 were up 1.4%, (up 18.4% versus May 2010 and 7.8% for .....

· 19:59 30.06.2011
Clientele of Armenian banks up 1.8% to 1.203 mln customers in April 2011
ArmInfo. By May 1 2011 the clientele base of the Armenian banking system had 1.135 mln individuals and 67.745 thsd legal .....

· 17:37 30.06.2011
Loan portfolio of Armenian commercial banks up 4.2% to $2.9 billion for May 2011
ArmInfo. Armenian commercial banks increased lending 4.2% to 1.089 trillion drams ($2.9 billion) for May 2011, 37.8% for Jan-May 2011 .....

· 17:35 29.06.2011
Ameriabank offers express leasing service
ArmInfo. Ameriabank has developed a new type of service - express leasing. The press service of the bank reports that the service will allow providing leasing services within shorter deadlines. .....

· 16:24 29.06.2011
Unibank launches a promo point at Aviatrans agency
ArmInfo. Unibank has launched a promo point at Aviatrans agency. The press service of the bank told ArmInfo that in the near future the bank is .....

· 12:55 28.06.2011
Moody's confirms Unibank's international ratings
ArmInfo. Moody's Investors Service has confirmed a bank financial strength rating (BFSR) of E+ to Armenia's Unibank CJSC, as well as Ba3 long-term and Not-Prime short- term global local .....

· 20:11 27.06.2011
Pension cards served by Areximbank-Gazprombank Group expected to grow to 3000 by late 2011
ArmInfo. The specialists of Areximbank-Gazprombank Group expect the number of pensioners served by the bank within the frames of the .....

· 18:27 24.06.2011
Unibank to open specialized centers for consumer lending
ArmInfo. Unibank plans to open specialized centers for consumer lending, Unibank press-service told ArmInfo. The centers will be based on the bank's "Opera" and "Nairi" .....

· 17:41 24.06.2011
HSBC Armenia launches unallocated gold account service
ArmInfo. Following the market demand HSBC Bank Armenia announces the launch of its unallocated gold account services. The new service is available and beneficial for both .....

· 19:13 23.06.2011
Over Jan-May 2011 portfolio of individuals' time deposits at Anelik Bank grew by 25%
ArmInfo. Over Jan-May 2011 the portfolio of individuals' time deposits grew by 25% or by 2.7 bln AMD .....

· 18:44 23.06.2011
Central Bank of Armenia registers a new branch of ProCredit Bank in Yerevan
ArmInfo. The Central Bank of Armenia has registered a new branch of ProCredit Bank ("Komitas") in Yerevan. The CBA .....

· 17:41 23.06.2011
ACBA-Credit Agricole Bank to issue AmEx cards for a wide stratum of population
ArmInfo. Today ACBA-Credit Agricole Bank held a drawing among its most active holders of American Express plastic cards. According to .....

· 17:16 23.06.2011
ACBA-Credit Agricole Bank has become second biggest shareholder of Armenian Card
ArmInfo. ACBA-Credit Agricole Bank has become the second biggest shareholder of Armenian Card national processing system after the Central Bank of Armenia. According to .....

· 19:27 22.06.2011
ARARATBANK considers possible creation of a subsidiary leasing company
ArmInfo. ARARATBANK considers possible creation of a subsidiary leasing company, Chairman of Board of ARARATBANK Ashot Osipyan said during the annual assembly of the bank's .....

· 19:25 22.06.2011
ARARATBANK intends to increase its credit portfolio to AMD 35-36 billion by late 2011
ArmInfo. By late 2011 ARARATBANK intends to increase its credit portfolio to AMD 35-36 billion, having ensured 42.3% growth versus .....

· 17:55 22.06.2011
ARARATBANK intends to acquire one more financial structure
ArmInfo. ARARATBANK is going to acquire one more financial structure for its further enlargement, Chairman of Board of ARARATBANK Ashot Osipyan said during the annual assembly .....

· 17:55 22.06.2011
ARARATBANK to enter IPO market with USD 10-15 million
ArmInfo. ARARATBANK intends to enter the IPO market with USD 10-15 million in Sep-Oct 2011 or in Feb-Mar 2012, Chairman of Board of ARARATBANK Ashot .....

· 17:45 22.06.2011
ARARATBANK to pay dividends to its shareholders for the first time in its history
ArmInfo. ARARATBANK will pay dividends to its shareholders for the first time in its history, Chairman of ARARATBANK Board Ashot .....

· 20:10 20.06.2011
By the end of this year Unibank to launch 50 more ATMs
ArmInfo. Unibank is actively enlarging its ATM network. In 2011 it is planning to launch 50 new machines. As a result, by .....

· 17:29 17.06.2011
ARARATBANK makes specific steps to implement IPO
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 .....

· 17:27 17.06.2011
ARARATBANK plans to spend money earned from placement of its fourth bond issue on micro-crediting
ArmInfo. ARARATBANK is planning to spend the money earned from the placement of its fourth bond .....

· 19:25 16.06.2011
ARARATBANK redeems third issue and starts fourth issue of its bonds
ArmInfo. ARARATBANK is getting ready for the fourth issue of its nominal coupon bonds worth a total of 250mln AMD with annual yield .....

· 18:04 16.06.2011
Unibank opens promo points in three Yerevan computer shops
ArmInfo. Unibank has opened promo points in three Yerevan computer shops: Nix (12 Saryan Str.), Fine (6-7 Saryan Str.) and Compass (15 Sayat-Nova Str.). The .....

· 15:58 16.06.2011
Converse Bank offers 0.5-1% commission charge on Zolotaya Korona money transfers
ArmInfo. Converse Bank has reduced the commission charge on its Zolotaya Korona money transfers from 1.5% to 0.5-1% following the system's decision to .....

· 17:37 15.06.2011
VTB Bank Armenia opens branches in Aparan and Noyemberyan
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 .....

· 17:37 15.06.2011
Converse Bank changes Chairman of its Board
ArmInfo. The Board of Converse Bank has named Armen Ter-Tatchatyan to replace Juan Pablo Gechidjian as its Chairman. The press service of the bank reports that Gechidjian .....

· 17:36 15.06.2011
As compared with June 2010 Anelik Bank has tripled number of plastic cards
ArmInfo. In Jan-May 2011 Anelik Bank increased the number of plastic cards by 10.9% to 37,934 (3 times more than .....

· 15:52 15.06.2011
Ardshininvestbank to reduce commission charge on Zolotaya Korona transfers to 0.5%
ArmInfo. June 20 the Zolotaya Korona system will reduce its commission charge on money transfers from Russia to Armenia from 1.5% to 0.5%. .....

· 20:08 14.06.2011
IFC helps Armenian Bank improve risk management with innovative financial products
ArmInfo. IFC, a member of the World Bank Group, and Armenia's ACBA-Credit Agricole Bank signed an International Swaps and Derivatives Association master agreement, .....

· 18:34 14.06.2011
ARARATBANK becomes exclusive representative of Diners Club Int. in Armenia
ArmInfo. ARARATBANK has been permitted by the Central Bank of Armenia to join the Diners Club International system. The press service of ARARATBANK reports that .....

· 14:55 13.06.2011
Ardshininvestbank boosts private remittances
ArmInfo. Ardshininvestbank increased the turnover of private remittances 10.2% to $53 mln in Jan-May 2011 versus the same period of 2010. Head of the Ardshininvestbank Department for Payment and Deposits Tigran .....

· 20:33 10.06.2011
HSBC plans to introduce first Drive Through ATMs in Armenia
ArmInfo. HSBC Armenia signed an agreement with Arax LTD, to install Drive Through ATMs at the "Arax" petrol and technical service station .....

· 14:57 09.06.2011
ProCredit Bank allocates 170mln AMD under state agriculture lending program
ArmInfo. ProCredit Bank has already allocated 170mln AMD under a state agriculture lending program, Deputy CEO of ProCredit Bank Ashot Abrahamyan said in .....

· 14:55 09.06.2011
Unibank offers new credit card "Constant +" to persons with a salary above 250 thsd drams
Arminfo. Today Unibank presented a new credit card "Constant +" to individual persons with a salary more .....

· 10:39 08.06.2011
Rate of refinancing preserved at 8.5%
ArmInfo. June 7 2011 the Central Bank of Armenia decided to preserve its rate of refinancing at 8.5%. The press service of the CB reports that in May 2011 .....

· 10:34 08.06.2011
EFSE and ARARATBANK sign loan agreement to support micro and small enterprises in Armenia
ArmInfo. The European Fund for Southeast Europe (EFSE) - initiated by the KfW Entwicklungsbank (The German .....

· 17:17 07.06.2011
HSBC Celebrates Fifteen Years In Armenia
ArmInfo. Fifteen years ago HSBC opened for business in Armenia, becoming the first international bank to operate in the country. Last week of May, HSBC Armenia marked this .....

· 16:21 07.06.2011
Areximbank-Gazprombank Group starts issuing chop cards
ArmInfo. By the end of this year Areximbank-Gazprombank Group will start issuing chip cards, Ruben Khachatryan, deputy director general of the bank, said in an interview .....

· 09:54 04.06.2011
Areximbank-Gasprombank Group selects name scholars
Arminfo. Areximbank-Gasprombank Group has selected the name scholars within the frames of the action "On a national scale - in the interests of every student", press-service of the .....

· 09:50 04.06.2011
Within the frames of subsidizing of rates of interest commercial banks of Armenia have already granted 7,5 bln drams to farmers
Arminfo. Within the frames of subsidizing of the rates of interest commercial .....

· 09:39 04.06.2011
"Bagramyan" office opened in the former building of the "Anelik Bank" head office
Arminfo. "Anelik Bank" having moved to the new building, has opened the "Bagramyan" office in the former building of .....

· 17:46 03.06.2011
VTB Bank (Armenia) announces action for "VTB-Childhood" deposit
ArmInfo. VTB Bank (Armenia) has announced an action for "VTB-Childhood" deposit on occasion of the International Day for the Protection of Children, the bank's press-service .....

· 17:42 03.06.2011
New "Tashir" regional office of Unibank chiefly to deal with UNIstream system transfers
Arminfo. Within the frames of implementation of the regional development strategy Unibank has opened "Tashir" regional office, which from now .....

· 17:30 03.06.2011
Representative of EBRD calls on banking community not to ease in the conditions of growing competition
ArmInfo. "Competition in the banking system of Armenia grew in 2010 and the sector became more aggressive", .....

· 11:36 03.06.2011
Fitch: Managing and/or reducing credit growth remains a key focus for banks and regulators in several major emerging markets (EMs) globally
ArmInfo. June 02 (Fitch) Fitch Ratings says in a newly published special .....

· 17:11 02.06.2011
Deposit "Deposit+Insurance" from "Unibank" delivers free of charge accident insurance in "PECO"
ArmInfo. "Unibank" has introduced a new deposit product at the market, with a help of which a depositor will get .....

· 17:10 02.06.2011
In 2011 ProCredit Bank will use additional USD 10 million for development of the SME lending
ArmInfo. In 2011 ProCredit Bank will use additional USD 10 million for development of the SME lending. .....

· 16:17 02.06.2011
Action on "Summer" deposits in Converse Bank
ArmInfo. The action on "Summer" new time deposits will be held in Converse Bank from 1 June to 31 August. As press-service of the bank reported, within .....

· 16:15 02.06.2011
Ameriabank boosts cooperation with corporate customers through salary projects
ArmInfo. Ameriabank boosts cooperation with corporate customers through salary projects, Ameriabank press-service told ArmInfo. The share of salary cards in total number of the .....

· 16:11 02.06.2011
Deposits with Armenian banks down 1.08% l for April 2011
ArmInfo. Deposits raised by Armenian commercial banks for April 2011 were down 1.08%, but up 12.8% versus April 2010 and totaled 746.7 .....

· 16:10 02.06.2011
"Areximbank-Gasprombank Group" celebrates International Child Protection Day in "Orran"
ArmInfo. "Areximbank-Gasprombank Group" celebrated International Child Protection Day in public organization "Orran", having paid sums for feeding of 100 children of the organization, as .....

· 16:09 02.06.2011
Loan portfolio of Armenian commercial banks up 3% to $2.8 billion for April 2011
ArmInfo. Armenian commercial banks increased lending 3% to $2.8 billion (1.045 bn drams) for April 2011, .....

· 09:55 02.06.2011
Prometey Bank signed a credit agreement with German Baader Bank in amount of EUR2 million
ArmInfo. Prometey Bank signed a credit agreement with its partner bank, German Investment Bank BAADER in .....

· 16:47 01.06.2011
ACBA-Credit Agricole Bank beats the target of lending under government program of agricultural loan subsidizing
ArmInfo. ACBA-Credit Agricole Bank has provided loans in the amount of 7 bln drams under the government .....

· 16:45 01.06.2011
VTB Bank (Armenia) and Electric Networks of Armenia organize festive event for children
ArmInfo. VTB Bank (Armenia) and Electric Networks of Armenia (ENA) have organized a festive event for the children .....

· 11:16 01.06.2011
New branch of Unibank - "KINONAIRI" to open for customers on June 1
ArmInfo. New branch of Unibank - "KINONAIRI" will open for customers on June 1 in the building of the .....

· 15:35 30.05.2011
ACBA Leasing and Zeppelin Armenia sign Vendor Finance Co-operation Agreement in amount of $7.5 mln
ArmInfo. ACBA Leasing Company and Zeppelin Armenia Company have signed the first Vendor Finance Co-operation Agreement .....

· 10:39 30.05.2011
Ardshininvestbank awarded by Citibank for high-quality transfers for the third time
ArmInfo. Ardshininvestbank has received Quality Recognition Award 2010 from Citibank for high-quality transfers for the third time. The press service of .....

· 17:40 27.05.2011
Ameriabank introduces a new product - investment loan for individuals
ArmInfo. Ameriabank offers a new product - an investment loan for individuals. The press service of Ameriabank told ArmInfo that the maximum period .....

· 16:31 27.05.2011
ACBA-Credit Agricole Bank receives Quality Recognition Award 2010 from Citibank for high-quality SWIFT transfers
ArmInfo. ACBA-Credit Agricole Bank has received Quality Recognition Award 2010 from Citibank for high-quality SWIFT transfers for the second .....

· 10:45 27.05.2011
EBRD recognizes ARARATBANK most active issuer-bank as part of Trade Facilitation Program
ArmInfo. European Bank for Reconstruction and Development (EBRD) has recognized ARARATBANK the most active issuer-bank 2010 as part of .....

· 17:47 25.05.2011
Global Finance selected Prometey bank as the "Best Sub-Custodian bank" of Armenia in 2011
Arminfo. On May 16, 2011 Global Finance reputable magazine selected Prometey bank as one of the World's Best Sub-Custodian .....

· 17:04 25.05.2011
Awards to the winners of the "Best business offer" contest from Prometey Bank
Arminfo. On May 20, 2011, during the festive meeting with the students of the Faculty of Economics of Yerevan State .....

· 16:28 25.05.2011
12 banks join list of top 100 large taxpayers of Armenia
ArmInfo. At the end of Q1 2011, 12 commercial banks of Armenia joined the list of top 100 out of 500 .....

· 11:28 25.05.2011
Bank VTB (Armenia) established a letter of credit limit for MAP Company
ArmInfo. VTB Bank (Armenia) CJSC has established a letter of credit limit for MAP Company, VTB Bank (Armenia) Director General .....

· 11:27 25.05.2011
Card holders of Areximbank-Gazprombank Group may receive discounts at over 120 service points
ArmInfo. Now the card holders of Areximbank-Gazprombank Group have an opportunity to receive discounts at over 120 service points. The .....

· 11:23 25.05.2011
In 2011 Areximbank-Gazprombank Group intends to increase number of cards to 8-10 thsd at least
ArmInfo. In 2011 Areximbank-Gazprombank Group intends to increase the number of issued cards to 8-10 thsd at least. The .....

· 11:22 25.05.2011
Ameriabank recognized winner of international online contest "Banking management 2011"
ArmInfo. Ameriabank has been recognized winner in the European stage of international online contest "Banking Management 2011", Director for Development of Ameriabank .....

· 11:03 20.05.2011
Unibank is leader in terms of individuals' time deposits
ArmInfo. Unibanks remains the leader in the banking system of Armenia in terms of time deposits, time deposits of individuals, and time .....

· 11:04 19.05.2011
Problems in Armenian economy narrow potential of Armenian banks
Arminfo. The lack of the new and not enough transparency of the functioning companies of Armenia narrow the potential of Armenian banks to deepen .....

· 11:03 19.05.2011
Head of VTB Bank (Armenia): Loans to small and medium enterprises are extremely expensive
ArmInfo. At present the interest rates of loans to small and medium enterprises (SME) are extremely high, Director .....

· 11:01 19.05.2011
VTB Bank (Armenia) to increase credit portfolio by 20-25% in 2011
Arminfo. VTB Bank (Armenia) is going to increase its credit portfolio by 20-25% in 2011. By the end of the 1Q the .....

· 11:08 16.05.2011
Under state program on subsidizing interests rates, Ardshininvestbank starts providing agricultural loans
ArmInfo. Under the state program on subsidizing the interest rates of credits for farm entities, Ardshininvestbank has started providing agricultural loans. .....

· 18:01 12.05.2011
VTB Bank (Armenia) awards 500 thsd AMD to owner of milestone Visa card
ArmInfo. VTB Bank (Armenia) has issued the 100000th card of the international payment system Visa, retaining the leading position in .....

· 15:20 10.05.2011
Commercial banks of Armenia to get an opportunity to resolve income tax payment when selling the property taken upon the security
Arminfo. Today in the first reading Armenian parliament made alterations and amendments .....

· 10:44 06.05.2011
Unibank intends to open promo-points at computer equipment shops "Fine", "Nix" and "Compass"
ArmInfo. In order to provide efficient consultation during consumer crediting and present the loan terms to the customers, .....

· 12:14 05.05.2011
Unibank Has Opened a New Branch in Yerevan
ArmInfo. A new branch of Unibank - Opera - has started its activity at Sayat-Nova 1, Yerevan, the press service of Unibank told ArmInfo. The .....

· 18:01 04.05.2011
Areximbank-Gasprombank Group holds second student action under slogan "On a national scale, on behalf of every student"
ArmInfo. Areximbank-Gasprombank Group has been holding the second student action under the slogan "On a national .....

· 14:25 03.05.2011
ARARATBANK introduces own scoring system
ArmInfo. ARARATBANK has introduced its own scoring system for business loan analysis. The new system has no analogues in Armenia and it is adjusted to local borrowers, .....

· 14:58 02.05.2011
Deposits in Armenian banks up 8.2% to 754.8 bln AMD for Q1 2011
ArmInfo. The deposits raised by the Armenian commercial banks for March 2011 were up 5%, and 8.2% for Jan-Mar .....

· 14:58 02.05.2011
Armenian commercial banks increased lending by 7.6% to $2.7 billion for Q1 2011
ArmInfo. Armenian commercial banks increased lending by 4.4% in March 2011 to 1.015 trillion AMD ($2.7 bln) by 1 April .....

· 17:37 29.04.2011
ProCredit Bank Participates in New Agricultural Loan Subsidizing Program adopted by Government
ArmInfo. ProCredit Bank has joined the new governmental agricultural loan subsidizing program. Thus, the Bank highlights the importance and significance .....

· 17:34 29.04.2011
Armenian parliament member advices IMF and WB not to nose into interior affairs of Armenia
Arminfo. I think that it is time for the International Monetary Fund and the World Bank to stop .....

· 12:20 29.04.2011
Involvement of banks in agriculture financing on attractive terms to positively impact development of agricultural sector
ArmInfo. Involvement of banks in agriculture financing on attractive terms will positively impact development of the agricultural .....

· 12:19 29.04.2011
In 2011 crediting in Armenian banking system may grow by 50%: head of Anelik Bank
ArmInfo. In 2011 the credit portfolio of the Armenian banking system may grow by 50%, Chairman of Board .....

· 12:16 29.04.2011
Armenian banks provide nearly 2 bln drams loans to local farmers
ArmInfo. As part of the Government program of assistance to Armenian farmers, the local banks have already placed nearly 2 bln drams, Chief .....

· 19:06 28.04.2011
Armenian president holds a private meeting with bankers
ArmInfo. On April 28 Armenian President Serzh Sargsyan held a private discussion with the heads of Armenian banks. The bankers presented their most topical problems .....

· 20:31 27.04.2011
Ameriabank introduces the customs cards ArCa Classic for importing companies
Arminfo. Ameriabank has given an opportunity to the Armenian importers to make the customs and tax non-cash payments via its customs cards. As .....

· 20:30 27.04.2011
From now on Unibank will give "Internet-Bank-Client" service free of charge
Arminfo. From now on Unibank will give "Internet-Bank-Client" service free of charge. As press-service of Unibank reported, along with .....

· 11:38 23.04.2011
Regional branch "Hrazdan" in a new two-storeyed premise
ArmInfo. In view of providing maximum convenient service the regional branch of Unibank – Hrazdan – has changed its residence and presently functions in a .....

· 11:34 23.04.2011
Ameriabank intends to increase provision of crediting by 30-40% focusing on development of SME crediting programs
ArmInfo. Ameriabank intends to increase provision of crediting by 30-40% by late 2011 focusing on development of .....

· 11:30 23.04.2011
VTB Bank (Armenia) and Muran LLC hold a joint action of autocrediting with 10% prepayment
ArmInfo. VTB Bank (Armenia) and Muran LLC are holding a joint action of autocrediting with 10% prepayment (exclusive .....

· 11:28 23.04.2011
ProCredit Bank Introduces a New Service: Cumulative Term Deposit "Pro+"
ArmInfo. To enhance its customer satisfaction level, ProCredit Bank expands the range of provided services and presents a new cumulative term deposit to .....

· 17:28 22.04.2011
Expert: Dedollarization process speed does not comply with rational expectations
ArmInfo. The process of economy dedollarization is going on, but the speed of this process does not comply with reasonable expectations, Development Director .....

· 17:27 22.04.2011
Expert: Armenia needs much more filigree and efficient solutions which would be sensitive to impulses
ArmInfo. Armenia has for the first time found itself in the situation, when there is no other way .....

· 14:25 22.04.2011
Credit portfolio of Ameriabank up 17% for 1Q 2011
ArmInfo. As of 20 April 2011 the credit portfolio of Ameriabank amounted to 111 bln drams (including financial leasing and factoring). As press-service of .....

· 16:19 21.04.2011
Ameriabank is the first to be presented at Apple Store
ArmInfo. Ameriabank is working at development of mobile banking in Armenia, which will allow the customers to carry out operations from their mobile .....

· 16:04 19.04.2011
German Commerzbank awards Ardshininvestbank for high quality of SWIFT transfers
ArmInfo. The German Commerzbank has awarded Ardshininvestbank for high quality of SWIFT transfers. As press-service of the bank reported, about 99% of transfers .....

· 16:09 18.04.2011
German Commerzbank awards CJSC "Areximbank-Gasprombank group" a diploma for high quality of international payments
ArmInfo. The German Commerzbank has awarded CJSC "Areximbank-Gasprombank group" a diploma for high quality of international payments according to the .....

· 15:01 15.04.2011
Armenian parliament discusses draft amendments to Law "On All-Armenian Bank" in first reading
ArmInfo. On April 14 the Armenian parliament discussed the draft amendments to the Law "On All-Armenian Bank" in the first .....

· 14:59 15.04.2011
Ameriabank receives Commerzbank's Quality Excellence Award
ArmInfo. Ameriabank received Commerzbank's Quality Excellence Award for high quality of international settlements for the second year in succession. Ameriabank's press-service told ArmInfo. Commerzbank Relationship .....

· 19:55 14.04.2011
Converse Bank starts aggressive retail crediting
ArmInfo. Converse Bank is starting an aggressive retail crediting policy, Executive Director of Converse Bank Tigran Davtyan said on Thursday after the official ceremony of signing .....

· 19:53 14.04.2011
Ameriabank to double trade funding portfolio in 2011
ArmInfo. Ameriabank is going to double the trade funding portfolio in 2011, Director of Corporative Banking of Ameriabank, Gagik Sahakyan, told ArmInfo correspondent. He .....

· 16:44 14.04.2011
Asian Development Bank to approve first tranche for development of municipal facilities of Armenia on April 19
ArmInfo. The Asian Development Bank (ADB) will approve the decision on providing Armenia with the first .....

· 16:37 14.04.2011
Asian Development Bank to fund Armenian banks - $17 mln
ArmInfo. The Asian Development Bank (ADB) signed today agreement on trade funding with six Armenian banks (Ameriabank, Anelik Bank, Ardshininvest Bank, Hayeconombank, Converse .....

· 17:45 13.04.2011
Ameriabank offers to make operations with security papers at 80 stock exchanges of the world through distance terminals
ArmInfo. According to its policy of strategical development, Ameriabank has been extending the specter of .....

· 16:44 13.04.2011
VTB Bank (Armenia) joins "Leader" money transfer system
АрмИнфо. VTB Bank (Armenia) has joined "Leader" money transfer system. As press-service of the bank reported, since 11 April individual persons - customers of the .....

· 19:51 11.04.2011
On April 14 Asian Development Bank to sign trade finance agreements with six banks in Armenia
ArmInfo. On April 14 the Asian Development Bank (ADB) will sign trade finance agreements with six banks .....

· 17:49 11.04.2011
Till the end of 2011 Areximbank-Gasprombank Group to direct $10 mln to SME crediting
ArmInfo. Till the end of 2011 Areximbank-Gasprombank Group is going to direct another $10 mln to SME crediting. As .....

· 16:32 08.04.2011
Areximbank-Gasprombank Group to deliver $6.5 mln for mortgage crediting in 2011
ArmInfo. Areximbank-Gasprombank Group will deliver $6.5 mln for mortgage crediting in 2011. As press-service of the bank reported, in 2010 the .....

· 15:27 07.04.2011
BTA Bank joins Zolotaya Korona money transfer system
ArmInfo. BTA Bank has joined the Russian international money transfer system Zolotaya Korona, the bank's press-service told ArmInfo. Zolotaya Korona serves 24,000 .....

· 12:22 07.04.2011
Chairman of Union of Armenian Banks is for combining of short-term and long-term tools to crack down on inflation
ArmInfo. To crack down on inflation in Armenia, we have to use the short-term .....

· 19:25 06.04.2011
Agriculture of Armenia needs reforming, chairman of Union of Banks says
ArmInfo. The agriculture of Armenia needs not only credits on easy terms but also reforming, chairman of Union of Armenian Banks, Chairman .....

· 19:19 06.04.2011
"Unibank" Has Fixed High Interest Rate for Positive Balance on Pension Cards - 5%
ArmInfo. "Unibank" has fixed high interest rate for positive balance on pension cards - 5% per annum. Pension card .....

· 17:53 05.04.2011
Business credits with 12% interest rate in VTB Bank (Armenia)
ArmInfo. VTB Bank (Armenia) which has been successfully crediting small business through the wide net of offices in Armenia, has launched an action .....

· 17:09 04.04.2011
HSBC Bank Armenia CJSC wins the best bank in Armenia award
ArmInfo. HSBC Bank Armenia cjsc was named the "Best Bank in Armenia" for the third year and HSBC was the "Regional Winner' .....

· 17:08 04.04.2011
Pensioners to be able to receive pension via ArCa, Visa and MaterCard of "Anelik Bank"
ArmInfo. "Anelik Bank" has made a contract with State Social Service under Armenian Labour Ministry about the .....

· 20:03 01.04.2011
In Feb 2011 loans provided by Armenian commercial banks grew by 3% to $2.6 bln
ArmInfo. The loans provided by Armenian commercial banks in Feb 2011 increased by 3% to 973 bln .....

· 20:02 01.04.2011
Deposits in Armenian banks rise by 3% to 718.9 bln AMD in Feb 2011
ArmInfo. Deposits raised by Armenian commercial banks for Feb 2011 grew by 3%, and by 8.2% as compared .....

· 19:53 01.04.2011
In Feb 2011 loans provided by Armenian commercial banks grew by 3% to $2.6 bln
ArmInfo. The loans provided by Armenian commercial banks in Feb 2011 increased by 3% to 973 bln AMD ($2.6 .....

· 22:25 30.03.2011
IFC to provide ACBA Credit Agricole Bank a US$20 million loan for development of micro-financing
ArmInfo. The International Financial Corporation (IFC) will provide ACBA Credit Agricole Bank a US$20 million loan .....

· 19:38 29.03.2011
The volume of big crediting by Unibank - up 109% and SME - 131% over the last three years
Arminfo. The volume of big crediting by Unibank - up 109% .....

· 18:18 25.03.2011
Cooperation with BFC allows VTB Bank (Armenia) to promptly and successfully introduce SME crediting technology
ArmInfo. The cooperation with Business & Finance Consulting (BFC) has allowed VTB Bank (Armenia) to promptly and .....

· 14:49 25.03.2011
Areximbank-Gasprombank Group to increase credit portfolio by 50% up to 73.5 bln drams in 2011
Arminfo. Areximbank-Gasprombank Group is going to increase its credit portfolio by 50% up to 73.5 bln drams (about .....

· 22:22 24.03.2011
Armenian banking system needs state support to overcome credit risks in agrarian sector
ArmInfo. The growth in food prices and possible deficit impose on the banking sector the necessity to considerably increase .....

· 15:20 24.03.2011
BSTDB to finance another 5-7 new programmes at 50 mln EUR in Armenia
ArmInfo. The BSTDB hopes to find and finance another 5-7 new investments programmes in Armenia at 50 mln EUR over .....

· 13:46 24.03.2011
BSTDB to allocate up to 8 mln EUR to 5 Armenian banks
ArmInfo. Black Sea Trade and Development Bank (BSTDB) is going to deliver 4-8 mln EUR to five Armenian banks, chairman of .....

· 02:32 23.03.2011
Public confidence in Anelik Bank reflected in 53% growth in time deposits
ArmInfo. By the time deposits of individuals, the portfolio of Anelik Bank grew by 52.8% or by 3.8 bln AMD .....

· 02:29 23.03.2011
VTB Bank (Armenia) works out factoring product for South Caucasus Railway having no analogues in Armenia
ArmInfo. VTB Bank (Armenia) has signed a factoring agreement with the South Caucasus Railway (SCR) .....

· 14:08 22.03.2011
Bank experts expect increase in interests on deposit in AMD to 11%-14% and 1%-1.5% fall of interests on foreign exchange deposits
ArmInfo. In 2011 average interests on deposits in AMD will be .....

· 15:42 21.03.2011
Sberbank - Troika Dialogue deal may open new perspectives for Ameriabank in new technologies of doing business
ArmInfo. After acquisition of Troika Dialogue by Russian Sberbank (Savingsbank) the shareholders' capital and .....

· 13:42 19.03.2011
VTB Bank (Armenia) launches mortgage lending to young scientists
ArmInfo. VTB Bank (Armenia) launches mortgage lending to young scientists as part of the program "Affordable Housing for Young Scientists and Members .....

· 13:40 19.03.2011
HSBC Bank Armenia to keep rapidly increasing financial indicators
ArmInfo. HSBC Bank Armenia will keep rapidly increasing financial indicators. In particular, the bank is expected to raise its loan portfolio by .....

· 16:57 18.03.2011
HSBC Bank Armenia: No serious growth of the rates of interest expected
Arminfo. No serious growth of the rates of interest on dram deals is expected in Armenia against the background of harshening .....

· 18:29 17.03.2011
Ashot Osipyan appointed chairman of Union of Banks of Armenia
ArmInfo. Ashot Osipyan, has been appointed chairman of the Union of Banks of Armenia (UBA). He has unanimously been elected to this .....

· 17:49 15.03.2011
In 2011 Areximbank-Gazprombank Group intends to increase assets by 37% and secure 3.5 mln USD profit
ArmInfo. In 2011 Areximbank-Gazprombank Group intends to increase the volume of attracted funds by more than .....

· 11:31 15.03.2011
Toughening of monetary policy breaks forecasts of bankers
ArmInfo. The mega-regulator's policy of "high rates" breaks bankers' forecasts of loan portfolio growth. Executive Director of Converse Bank Tigran Davtyan says the bank against .....

· 18:34 14.03.2011
Armenian banks try to retain current rates of loans: Head of Converse Bank
ArmInfo. "If there are no abrupt changes in the economy, the Armenian banks may maintain the interest margin .....

· 18:17 14.03.2011
Converse Bank presents Woman's Cards to women
ArmInfo. Today Converse Bank announced the issue of Woman's Card payment cards designed jointly with the MasterCard international payment system and having no analogues .....

· 18:16 14.03.2011
At 33 billion EUR, EBRD, EIB Group, World Bank Group crisis response for banks tops target IFI cooperation serves as model for the future
ArmInfo. The European Bank for Reconstruction and Development (EBRD), .....

· 15:43 14.03.2011
Sberbank announces of purchase of Troika Dialog from Rouben Vardanyan
ArmInfo-Vedomosti. The Russian Sberbank has announced the purchase of the investment company Troika Dialog. One of the oldest investment banks has been sold .....

· 16:26 11.03.2011
ARARATBANK promised to preserve crediting rates of the last year
Arminfo. The credit portfolio of ARARATBANK grew by 60% in 2010. The bank will preserve such crediting rates in 2011, chairman of the .....

· 15:24 11.03.2011
ARARATBANK presents its regular "card" innovation - the card of dual purpose AutoCard
ArmInfo. Today in Yerevan ARARATBANK presented its regular "card" innovation - the card of dual purpose AutoCard. As chairman of .....

· 18:43 04.03.2011
VTB Bank (Armenia) provides trade financing of deliveries of MotherCare goods from Great Britain
ArmInfo. By the instruction of its customer Prime Liga Market CJSC, in Feb 2011 VTB Bank (Armenia) provided a .....

· 14:33 04.03.2011
International micro-financial fund BlueOrchard Finance SA delivers extra $5 mln to INECOBANK
ArmInfo. Armenian INECOBANK has signed a new contract with international micro-financial fund BlueOrchard Finance SA on delivery of $5 mln. The .....

· 11:54 04.03.2011
Gasprombank and its Armenian "subsidiary" start money transfer from card to card
ArmInfo. The Russian Gasprombank and its Armenian subsidiary Areximbank-Gasprombank Group have started implementing the money transfer between Russia and Armenia without .....

· 20:40 03.03.2011
VTB Bank (Armenia) cjsc recognized Best Exchange Member in Foreign Currency Market by NASDAQ OMX Armenia
ArmInfo. NASDAQ OMX Armenia has recognized VTB Bank (Armenia) as the Best Exchange Member in Foreign Currency .....

· 20:37 03.03.2011
Central Bank of Armenia permits VTB Bank (Armenia) to participate in RIA Money Transfers system
ArmInfo. The Central Bank of Armenia (CBA) has permitted the VTB Bank (Armenia) to participate in the .....

· 17:16 03.03.2011
In 2011 Areximbank-Gazprombank Group CJSC intends to increase number of plastic cards by 10 thsd cards
ArmInfo. The Council of ArCa payment system took a decision to provide Areximbank- Gazprombank Group CJSC .....

· 12:38 03.03.2011
ArmSwissBank and National Mortgage Company UCO sign an agreement on refinancing mortgage loans
ArmInfo. ArmSwissBank and National Mortgage Company UCO have signed an agreement on refinancing of mortgage loans provided by .....

· 12:36 03.03.2011
"Unibank" Retains First Place by Time Deposits
ArmInfo. Unibank retained leadership in the banking market of Armenia in 2010 in terms of time deposits and rose to the first position by the .....

· 12:33 03.03.2011
NASDAQ OMX ARMENIA Announces Ardshininvestbank cjsc Best Exchange Member in Credit Resources Market
ArmInfo. NASDAQ OMX ARMENIA has announced Ardshininvestbank cjsc Best Exchange Member in Credit Resources Market. On March 1, .....

· 13:32 02.03.2011
ArmenTel provides ACBA-Credit Agricole Bank with complex telecoms services
ArmInfo. ArmenTel CJSC (Beeline trademark) has provided ACBA-Credit Agricole Bank, one of Armenia's biggest banks, with complex communication services: fixed telephony, mobile communication and .....

· 13:13 02.03.2011
Ameriabank to open 5 new offices in 2011 and 3 in 2012
ArmInfo. Ameriabank is extending its office net and is going to open 5 new offices in 2011 and 3 in 2012. .....

· 18:15 01.03.2011
Credits provided by Armenian commercial banks for Jan 2011 up 28,1% to $2.6 billion
ArmInfo. Credits provided by the Armenian commercial banks for Jan 2011 were up 0,3% and as of 1 February .....

· 14:56 01.03.2011
Deposits with Armenian banks up 7.4% to 697.6 bln drams
ArmInfo. Deposits raised by Armenian commercial banks for Jan 2011 was down 0.7%, but up 7.4% versus 2010 to 697.6 billion drams .....

· 20:19 28.02.2011
Ameriabank's new branch "Moskovyan" offers discounts on a number of services Mar 1-31 2011
ArmInfo. Ameriabank's new branch "Moskovyan" (48, 2/1 Mashtots Avenue) will offer discounts on a number of services Mar 1-31 .....

· 19:08 28.02.2011
VTB Bank Armenia offers insurance policies on credit
ArmInfo. In Feb 2011 VTB Bank Armenia started offering its customers insurance policies (including voluntary insurance) on credit. The press service of VTB Bank Armenia reports .....

· 15:36 26.02.2011
In 2010 Ameriabank increased the amount of its personal time deposits by 69%
ArmInfo. In 2010 Ameriabank increased the amount of its personal time deposits by 69% to 26bln AMD (61% of the .....

· 15:35 26.02.2011
One of key tasks of VTB Bank Armenia is to standardize its branch network
ArmInfo. One of key tasks of VTB Bank Armenia is to bring all of its branches into compliance with .....

· 17:41 24.02.2011
VTB Bank (Armenia) and Electric Networks of Armenia CJSC sign a cooperation agreement
ArmInfo. VTB Bank (Armenia) and Electric Networks of Armenia (ENA) CJSC have signed a cooperation agreement aimed at development of .....

· 16:38 21.02.2011
UNISTREAM circulation in Armenia up 8,5% to $597 mln in 2010
ArmInfo. The circulation of the international money transfer system UNISTREAM in Armenia grew by 8,5% in 2010 - up to $597 mln .....

· 18:43 18.02.2011
Mega Pantera LLC enters liberalized market of pension payments in Armenia
ArmInfo. Mega Pantera LLC has entered the liberalized market of pension payments in Armenia. Souren Stepanyan, Director of Mega Pantera LLC, an operator .....

· 19:25 17.02.2011
ProCredit Bank intends to increase its credit portfolio by 60% in 2011
ArmInfo. ProCredit Bank (Armenia) is going to increase its credit and deposit portfolios by 60% and 40% respectively in 2011, Executive .....

· 19:21 17.02.2011
In 2011 ProCredit Bank Armenia to help customers to use power saving technologies
ArmInfo. Considering the planned rise in electricity and gas prices, ProCredit Bank Armenia is presenting a new credit product, which .....

· 12:05 16.02.2011
Karapet Gevorkyan - acting chairman of Ardshininvestbank board
ArmInfo. Ardshininvestbank Council has satisfied application of the chairman of the bank's board Nerses Karamanukyan for resignation. As press-service of the bank reported, he has .....

· 11:57 16.02.2011
Trade financing portfolio of Ameriabank grows to USD 40 mln
ArmInfo. The trade financing portfolio of Ameriabank has grown to $40 mln, the press service of the bank told ArmInfo. The source said .....

· 11:57 16.02.2011
Over 2010 SME portfolio of Unibank grew by 25% to 48.4 bln AMD
ArmInfo. Over 2010 Unibank increased the portfolio of loans for small and medium enterprises (SME) by 25% to 48.4 bln .....

· 11:55 16.02.2011
Ardshininvestbank starts taking deposits in Russian rubles at interest rate of up to 6.2% p.a.
ArmInfo. Ardshininvestbank has started taking deposits in Russian rubles at the interest rate of 6.2% .....

· 11:54 16.02.2011
Areximbank-Gazprombank Group intends to increase its credit portfolio to 73.5 bln AMD in 2011
ArmInfo. Areximbank-Gazprombank Group is going to increase its credit portfolio to 73.5 bln AMD. In this structure the portfolio .....

· 17:32 11.02.2011
Anelik Bank offers simplified technology of education loans to students
ArmInfo. Anelik Bank offers a simplified technology of education loans to the students. The press service of Anelik Bank told ArmInfo that .....

· 17:30 11.02.2011
Ameriabank "gilds" its "structural" deposit
ArmInfo. Ameriabank has offered a new "Gold Structure" deposit to individuals. The press service of Ameriabank told ArmInfo that the deposit provides the depositors with an .....

· 20:19 09.02.2011
ProCredit Bank in Armenia Celebrates its 3rd Anniversary
ArmInfo. ProCredit Bank in Armenia Celebrates its 3rd Anniversary. The press service of the bank reportrs that the whole team of ProCredit Bank in .....

· 15:31 08.02.2011
Areximbank-Gazprombank Group meets requirements of ISO 9001:2008
ArmInfo. ArmInfo. Areximbank-Gazprombank Group has successfully passed certification of conformity with international requirements of ISO 9001:2008. The press service of Areximbank-Gazprombank Group told ArmInfo that the .....

· 15:59 05.02.2011
HSBC Bank Armenia resumes AMD lending
ArmInfo. HSBC Bank Armenia resumed AMD lending in December 2010, the bank's CEO Astrid Clifford said in an interview to ArmInfo. She said that interests rates for mortgages .....

· 15:56 05.02.2011
HSBC Bank Armenia expands its coverage in banking cards market
ArmInfo. "We issued 14,600 plastic cards in 2010, 3,600 credit cards and 11,000 ATM cards", HSBC Bank Armenia CEO Astrid Clifford .....

· 15:53 05.02.2011
HSBC Bank Armenia marks its 15th birthday with all-time high profit
ArmInfo. In 2010 HSBC Bank Armenia showed record profit. The bank's CEO Astrid Clifford said in an interview to ArmInfo that in 2010 .....

· 16:41 03.02.2011
In 2011 Areximbank-Gazprombank Group CJSC to increase number of its ATMs and POS-terminals
ArmInfo. In 2011 Areximbank-Gazprombank Group CJSC will increase the number of its ATMs to 58 and POS-terminals to 170. .....

· 13:53 03.02.2011
Profits of Armenian banking system for 2010 total $82.7 million
ArmInfo. Gross income of commercial banks for 2010 was 239.6 billion drams ($659.4 million), expenses totaled 200.7 billion drams ($552.3 million). .....

· 13:50 03.02.2011
Share of foreign capital in the authorized fund of Armenia's banking system grew from 67% to 74% for 2010
ArmInfo. The share of foreign capital in the aggregate authorized fund .....

· 17:35 02.02.2011
Areximbank-Gazprombank Group intends to introduce new card projects in 2011
ArmInfo. Areximbank-Gazprombank Group intends to introduce new card projects in 2011. The press service of Areximbank-Gazprombank Group told ArmInfo that the matter .....

· 14:19 02.02.2011
Ameriabank increased leasing portfolio over 3-fold in 2010
ArmInfo. Ameriabank is expected to continue active leasing operations in 2011, Ameriabank press-service told ArmInfo. The leasing portfolio of the banks grew 3.2-fold to .....

· 17:42 01.02.2011
Unibank assets more than 115.3 bln drams
ArmInfo. As of 1 January 2011 Unibank assets were more than 115.3 bln drams, having increased by 6% as against the same period of 2010. As .....

· 17:41 01.02.2011
Ameriabank increases its credit portfolio by 37% thanks to active financing of corporative customers
ArmInfo. As of 1 January 2011 the credit portfolio of Ameriabank amounted to 89 bln drams, having increased by .....

· 17:40 01.02.2011
Starting 1 Feb 2011 VTB Bank (Armenia) to launch automated system for retail credits
ArmInfo. Starting 1 Feb 2011 VTB Bank (Armenia) is launching an automated system for retail credits. The press .....

· 15:04 01.02.2011
Areximbank-GPB Group to start providing pensions through Visa Electron or MasterCard Maestro cards
ArmInfo. Starting March 2011 Arexibank-Gazprombank Group will provide pensions on plastic cards of Visa Electron and MasterCard Maestro systems. .....

· 18:15 31.01.2011
Areximbank-Gazprombank Group completes first stage of joint action with MasterCard
АрмИнфо. Areximbank-Gazprombank Group has completed the first stage of the action held jointly with the MasterCard international payment system. The press service .....

· 17:32 31.01.2011
Customers of Armenian commercial banks increased by almost 2% to 1.1 mln in November 2010
ArmInfo. As of 1 December 2010 the clientele base of the Armenian banking system numbered 1.045 mln .....

· 16:33 31.01.2011
Armenian banks raise 6.9% more deposits in Armenian dram for 2010
ArmInfo. Deposits raised by Armenian commercial banks 2010 were up almost 7%, and 6.7% for December to 702.3 billion drams .....

· 16:32 31.01.2011
Credits provided by Armenian commercial banks for 2010 up 26% to $2.6 bln
ArmInfo. Credits provided by the Armenian commercial banks for 2010 were up 26% to 941.5 bln AMD ($2.6 bln) by .....

· 15:15 29.01.2011
In 2011 Bi Line is planning to fully update the servers of ACBA-Credit Agricole Bank
ArmInfo. One of the biggest IT companies of Armenia, Bi Line, is planning to fully upgrade the servers .....

· 15:10 27.01.2011
Ameriabank offers gold metal accounts
ArmInfo. Ameribank offers a service of gold metal accounts (999.9 standard fine gold) to private and corporate customers, Ameriabank press-service told ArmInfo. The source reports that .....

· 14:36 27.01.2011
Areximbank-Gasprombank Group net profit up fivefold for 2010
ArmInfo. Areximbank-Gasprombank Group net profit was up fivefold and amounted to 1 bln drams for 2010. As press-service of the bank reported, the rate of .....

· 14:21 27.01.2011
Pensioners to receive pensions by Unibank cards started March 2011
ArmInfo. Unibank and Ministry of Labour and Social Issues of Armenia have signed an agreement on cashless payment of pensions. .....

· 14:20 27.01.2011
Citibank opens two credit lines in amount of US$9 million in total to Ardshininvestbank
ArmInfo. Citibank has opened two credit lines in the amount of US$9 million in total to Ardshininvestbank. US$4 .....

· 11:36 27.01.2011
Unibank to issue and serve Visa chip cards in March 2011
ArmInfo. Unibank will issue and serve Visa chip cards in March 2011. As representative of Unibank, Mesrop Hakopyan, told ArmInfo, the .....

· 11:35 27.01.2011
From now on pensioners to be able to receive pensions by banking cards
ArmInfo. Converse Bank and Armenian Ministry of Labor and Social Issues have signed an agreement on noncash payment of .....

· 11:32 27.01.2011
VTB Bank (Armenia) to extend the list of partner systems for money transfer
ArmInfo. In 2011 VTB Bank (Armenia) is going to extend the list of the partner systems for money transfer. As .....

· 11:31 27.01.2011
Pensioners to be able to receive pensions by international cards of Ardshininvestbank
ArmInfo. Ardshininvestbank and Armenian Ministry of Labor and Social Issues have signed an agreement on non-cash payment of pensions. The .....

· 11:02 27.01.2011
According to results of 2010 Ardshininvestbank chooses its best branch and best employees
ArmInfo. According to the results of 2010, Ardshininvestbank has chosen its best branch and best employees in various nominations. .....

· 16:47 24.01.2011
ACBA-Credit Agricole Bank raises total capital for 2010 by 4.2 billion drams out of profits
ArmInfo. ACBA-Credit Agricole Bank, the biggest bank in terms of assets, raised total capital for 2010 by .....

· 10:48 24.01.2011
ARARATBANK increases liabilities by 48,3% in 2010 thanks to growth of current liabilities
ArmInfo. ARARATBANK increased the liabilities by 48,3% in 2010, from 35.5 bln up to 52.7 bln drams thanks to growth of .....

· 18:28 21.01.2011
Central Bank of Armenia registers "Sevan" branch of Anelik Bank
ArmInfo. By the decree of the chairman of the Central Bank of Armenia (CBA), the "Sevan" branch of Anelik Bank was registered on .....

· 18:41 20.01.2011
In 2011 "Unibank" opens 8 new branches
ArmInfo. Active development of retail banking business, which "Unibank" has chosen as its priority line, assumes the availability of branchy network and banking service "close to .....

· 19:06 19.01.2011
Ardshininvestbank modernizes and reopens Ijevan and Dilijan branches
ArmInfo. Ardshininvestbank reopened two repaired branches in Ijevan and Dilijan today. The press service of Ardshininvestbank reports that the branches has been equipped with modern technologies and .....

· 19:06 19.01.2011
INGO Armenia IC signs 60,000 MTPLI agreements
ArmInfo. INGO Armenia Insurance Company has signed 60,000 MTPLI agreements, the Company press service told ArmInfo. According to the Company experts, about 75-80% of the total .....

· 11:50 19.01.2011
Over 54% of foreign exchange loans were provided to industrial and trade sectors
ArmInfo. Commercial banks of Armenia provided 846 billion drams ($2.4 billion) loans for Jan-Nov 2010. The Central Bank's data .....

· 10:50 18.01.2011
In 2010 ArmBusinessBank increased its credit portfolio to 76.8 bln AMD
ArmInfo. In 2010 ArmBusinessBank (ABB) increased its credit portfolio by 17 bln AMD to 76.8 bln AMD. ABB told ArmInfo that .....

· 18:14 17.01.2011
ArmInfo news agency issues 2nd "Armenian Banks in Card Business" bulletin
ArmInfo. The Financial Analysis Service of the ArmInfo news agency has issued the second "Armenian Banks in Card Business" bulletin. This report .....

· 18:29 14.01.2011
Last week Armenian banks provided loans worth 56.3 bln AMD and $111.9 mln
ArmInfo. Last week (20 December-9 January) Armenian banks provided loans worth 56.3 bln AMD and $111.9 mln, the press .....

· 11:18 14.01.2011
HSBC Armenia corporate customers can now effect cross-border trade settlements in Renminbi (Chinese Yuan)
ArmInfo. HSBC Bank Armenia current and prospective corporate customers involved in import and export trading business with China, .....

· 18:26 12.01.2011
By late Feb 2011 Unibank to launch its own processing center
ArmInfo. By late February 2011 Unibank will launch its own processing center. The press service of Unibank told ArmInfo that today .....

· 18:25 12.01.2011
In 2010 Unibank increased its plastic cards by 66%
ArmInfo. In 2010 Unibank increased the number of its plastic cards by 66%. The press service of Unibank told ArmInfo that at present .....

· 13:00 29.12.2010
BlueOrchard Finance arranges USD 10,000,000 financing in Armenia to Inecobank
ArmInfo. BlueOrchard Finance SA, a global leader in commercial microfinance investments, recently announced that it has executed debt investments totaling USD 10,000,000 in .....

· 13:54 28.12.2010
VTB Group considers keeping VTB Leasing Company in Armenia inexpedient for business optimization
ArmInfo. To optimize business, VTB Group has adopted a strategic decision to carry out leasing operations and transactions .....

· 11:43 24.12.2010
Areximbank-Gazprombank Group holds a public opinion poll among internet banking clients
ArmInfo. To assess the efficiency of internet banking and create the portrait of potential users of this service, Areximbank-Gazprombank Group has .....

· 11:02 23.12.2010
Ameria Group advocates joining efforts to help kids with cancer and blood diseases
ArmInfo. Ameria Group held a Christmas Charity Event on December 21, 2010, at Tigran Mets Hall, Armenia .....

· 18:33 21.12.2010
EBRD provides VTB Bank (Armenia) with third 5 mln USD tranche for on-lending to micro and small enterprises
ArmInfo. The European Bank for Reconstruction and Development has provided VTB Bank (Armenia) .....

· 11:21 21.12.2010
Ardshininvestbank launches money transfers via international systems Coinstar and BLIZKO
ArmInfo. Ardshininvestbank has launched money transfers via the international systems Coinstar and BLIZKO. The press service of Ardshininvestbank told ArmInfo that introduction of .....

· 11:03 20.12.2010
Ameriabank prolongs till 30 December the term of holding an action on structured deposit for the customers - individual persons
ArmInfo. Ameriabank has prolonged till 30 December the term of holding an action .....

· 18:56 16.12.2010
Ameriabank and EurAsian Development Bank sign credit contract at $30 mln for SME development
ArmInfo. Ameriabank and EADB signed today a credit contract at $30 mln for SME support and development for .....

· 18:56 16.12.2010
Areximbank-Gazprombank Group chooses nominal scholarship holders
ArmInfo. Areximbank-Gazprombank Group held a competition of scholarships for Armenian students. The press service of Areximbank-Gazprombank Group told ArmInfo that the key goal of the competition was .....

· 17:06 16.12.2010
In 2011 Areximbank-Gazprombank Group expects 1.3bln AMD profit
ArmInfo. In 2011 Areximbank-Gazprombank Group expects profit worth 1.3bln AMD or $3.5mln - 50% more than this year, Deputy CEO of Areximbank-Gazprombank Group Vigen Barseghyan .....

· 18:36 14.12.2010
Most of 59 complaints to Armenian Financial Ombudsman's Office are against lombard companies
ArmInfo. Over November 2010 the Armenian Financial Ombudsman's Office received 59 complaints. The Financial Ombudsman's Office told ArmInfo .....

· 16:35 13.12.2010
New Deposit Product from "Unibank" – "Convenient" – with annual interest rate up to 12% and opportunity of recalling up to 50% of deposit sum
ArmInfo. "Unibank" has launched a new banking deposit .....

· 23:02 10.12.2010
ARARATBANK becomes exclusive representative of Diners Club in Armenia
ArmInfo. ARARATBANK made an exclusive contract with the of Diners Club international payment system and has become the exclusive representative of the .....

· 19:12 09.12.2010
Ardshininvestbank awarded diploma "The Most Effective and Reliable Bank" by MoneyGram
ArmInfo. The international money transfer system MoneyGram has awarded a diploma "The Most Effective and Reliable Bank" to Ardshininvestbank. .....

· 18:48 09.12.2010
Fitch Affirms Armenia's ACBA Credit Agricole at 'BB'
ArmInfo. Fitch Ratings has affirmed Armenian ACBA-Credit Agricole Bank's (ACBA) Long-term Issuer Default Rating (IDR) at 'BB' with Stable Outlook. The bank's Individual Rating has .....

· 15:17 09.12.2010
All-Armenian Bank to deliver first credits in 2011
АрмИнфо. The All-Armenian Bank will start acting in May 2011 and deliver the first credits, Vahram Nersisyants, appointed today to the post of executive .....

· 14:14 09.12.2010
ARF Dashnaktiutyun: Armenian banking system is very much concentrated
ArmInfo. Armenian banking system is very much concentrated, which because of high investment risks in the country creates the risk of the banking capital .....

· 18:38 07.12.2010
Byblos Bank Armenia is planning to increase its SME lending portfolio
ArmInfo. In 2011 Byblos Bank Armenia is going to increase its SME lending portfolio from 40% to at least 60%-70%, CEO of .....

· 19:35 03.12.2010
The Banker recognizes Ameriabank as the Best Bank of the Year
ArmInfo. The Banker magazine (the Financial Times group) has recognized Ameriabank as the Best Bank of the Year. The press service of Ameriabank .....

· 18:35 03.12.2010
ARARATBANK resumes transactions with small gold bars
ArmInfo. ARARATBANK has resumed the transactions with small gold bars. Deputy Chairman of Board of ARARATBANK David Haroutyunyan told ArmInfo correspondent that taking .....

· 11:43 03.12.2010
Ardshininvestbank refutes information about inspection allegedly held by FBI agents in the bank
ArmInfo. Ardshininvestbank, one of the largest banks of Armenia, has refuted the information about inspection held by the FBI .....

· 11:42 03.12.2010
Potential capacity of Armenia's insurance market is $250-300 mln
ArmInfo. The potential capacity of Armenia's insurance market is currently 250-300 mln USD, said President of Rosgosstrakh Danil Khachaturov at today's press conference in .....

· 11:42 03.12.2010
Ameriabank offers a new deposit action "Be aware of money worth"
ArmInfo. Ameriabank offers a new deposit action "Be aware of money worth" to individuals. The press service of Ameriabank told ArmInfo .....

· 13:41 02.12.2010
VTB Bank (Armenia) provides up to 35-year mortgage loans
ArmInfo. VTB Bank (Armenia) increased maturity of mortgage loans to 35 years on December 1 2010. VTB Bank (Armenia) press-service told ArmInfo. .....

· 11:23 02.12.2010
Ameriabank team on assets and liabilities management in the final tour of international contest Virtual Banking
Arminfo. From Armenia Ameriabank team on assets and liabilities management will take part in the final .....

· 11:22 02.12.2010
VTB Bank (Armenia) opens centralized crediting back-office in Yerevan
Arminfo. VTB Bank (Armenia) opened today centralized crediting back-office in Yerevan for the customers of the retail segment. As press-service of the bank reported, .....

· 18:03 01.12.2010
Deposits of Armenia's commercial banks by November 1, 2010 make up $1.8 billion with 3% annual growth
ArmInfo. The volume of deposits attracted by Armenia's commercial banks reduced over October 2010 by .....

· 16:43 01.12.2010
Armenian commercial banks increased lending 3.5% to $2.4 billion for Oct 2010
ArmInfo. Armenian commercial banks increased lending 3.5% to 878.7 billion drams or $2.4 billion as of Nov 1 2010. This .....

· 11:09 01.12.2010
Oct 1 2010 the shares of foreign exchange loans and foreign exchange time deposits made up 55.7% and 80.4%, respectively
ArmInfo. Oct 1 2010 the share of foreign exchange loans in the total .....

· 18:14 29.11.2010
In 2011 Areximbank-Gazprombank Group to open four new branches
ArmInfo. In 2011 Areximbank-Gazprombank Group is going to open four new branches in Yerevan and marzes. The press service of Areximbank-Gazprombank Group reports that the .....

· 17:44 26.11.2010
On occasion of 20th anniversary of Anelik Bank commission fees for money transfers via Anelik system minimized
ArmInfo. On the occasion of the 20th anniversary of Anelik Bank, the commission fees of .....

· 17:36 26.11.2010
Top performance by VTB Bank's employees doubled portfolio of small enterprises financing
ArmInfo. VTB Bank (Armenia) leadership has awarded the best employees of the small enterprises financing department for top performance .....

· 18:41 25.11.2010
Ameriabank holds market linked deposit action
ArmInfo. Ameriabank is holding a market linked deposit action for its individual customers. The press service of Ameriabank reports that till Dec 5 the deposit will be offered .....

· 23:23 23.11.2010
VTB Bank (Armenia) is going to launch 30 new bancomats in 2011
ArmInfo. Before the end of 2010 VTB Bank (Armenia) is going to launch 3 bancomats and in 2011 – 30 new .....

· 23:20 23.11.2010
VTB Bank Armenia has the biggest net profit in Armenia's banking system
ArmInfo. In Jan-Sept 2010 VTB Bank Armenia showed the biggest net profit in Armenia's banking system - 3.190bln AMD - .....

· 18:32 19.11.2010
ACBA-Credit Agricole Bank starts issuing American Express Gold cards
ArmInfo. As exclusive agent of American Express, ACBA-Credit Agricole Bank has started issuing American Express Gold cards. The press service of ACBA-Credit Agricole Bank reports .....

· 16:54 17.11.2010
VTB Bank Armenia reduces interest rates of AMD loans for small business to 13-14%
ArmInfo. VTB Bank Armenia has reduced the interest rates of AMD loans for small business by 3-4%. The press service .....

· 16:51 17.11.2010
Areximbank-GPB Group to publish list of winners of student action on Dec 15
ArmInfo. Areximbank-GPB Group has announced a student action under slogan "THROUGHOUT THE COUNTRY - FOR THE BENEFIT OF EVERY .....

· 12:41 16.11.2010
Areximbank-Gazprombank Group increases its industrial loan book by 42 times
ArmInfo. As compared with Oct 1 2009 Areximbank-Gazprombank Group has increased its industrial loan book by 42 times (from 2.1% to 40% .....

· 15:52 15.11.2010
By 1 October 2010 total liabilities of Armenian banking system grew by 15% to $3.1 bln
ArmInfo. Over Q3 2010 the total liabilities of the Armenian banking system grew by 6,4% (against 4,1% .....

· 17:10 13.11.2010
Ameria Group plants 100 trees on occasion of Ameriabank's centennial
ArmInfo. Today on November 13 representatives of Ameria Group planted trees in the area of Nor-Nork administrative district with the slogan "100 Years .....

· 17:00 13.11.2010
Accumulated profit of Armenian banking system totaled $238.2 million as of Oct 1 2010
ArmInfo. The accumulated profit of the Armenian banking system grew 14.9% for 9 months of 2010 and 4.9% for Q3, .....

· 16:59 13.11.2010
Personal deposits with Armenian commercial banks grew 34% over year to $1 billion as of October 1 2010
ArmInfo. Personal deposits with Armenian commercial banks grew 6.3% for Q3 2010 (versus almost 4% .....

· 12:21 13.11.2010
VTB Bank (Armenia) awards 300 thsd AMD to each winner of prize drawing among its clients - the best subscribers of Armwatercanal CJSC
ArmInfo. Armwatercanal CJSC and VTB Bank (Armenia) are holding a .....

· 12:20 13.11.2010
20% of Ardshininvestbank's consumer portfolio falls on autocredits
ArmInfo. About 20% of Ardshininvestbank's consumer portfolio falls on autocredits, Head of Retail Crediting Development Department of Ardshininvestbank David Arakelyan told ArmInfo correspondent. He .....

· 12:19 13.11.2010
In 2011 Ardshininvestbank to start aggressive retail lending activities
ArmInfo. In 2011 Ardshininvestbank will start aggressive retail lending activities, Acting Head of the Retail Lending Development Department of Ardshininvestbank David Arakelyan said in an .....

· 12:17 13.11.2010
In Jan-Sept 2010 VTB Bank Armenia, HSBC Bank Armenia and ACBA-Credit Agricole Bank showed the biggest net profit in Armenia's banking system
ArmInfo. In Jan-Sept 2010 VTB Bank Armenia, HSBC Bank Armenia and .....

· 12:16 13.11.2010
Over Q3 2010 Armenian banking system's provision of crediting grew up 7,6% to $2.5 bln
ArmInfo. By 1 October 2010, the volume of real provision of crediting of the Armenian banking system amounted to .....

· 12:15 13.11.2010
Over Q3 2010 assets of Armenian banking system grew by 6% to 1.452 trln AMD or $4 bln
ArmInfo. Over Jan-Sep 2010 the assets of the Armenian banking system grew by 7,1% (against .....

· 12:14 13.11.2010
Average monthly salary in the banking system of Armenia up 4.4% over 9 months of 2010 to 277,000 drams as of October 1 2010
ArmInfo. Average salary in the banking system of Armenia .....

· 12:05 12.11.2010
Unibank introduces Universal business loan
ArmInfo. Unibank has introduced Universal business loan for SMEs. The press service of Unibank reports that the interest rate of the loan is 10%, the period of repayment - .....

· 16:11 11.11.2010
Areximbank-GPB Group starts servicing ORANGE clients
ArmInfo. Areximbank-Gazprombank Group has started servicing subscribers of ORANGE mobile operator, the Bank's press service told ArmInfo. Henceforth, subscribers will be able to pay for telecommunication .....

· 18:54 10.11.2010
Ameriabank announces a contest for students "Banking System of Armenia in 100 Years"
ArmInfo. Ameriabank has announced a contest for students "Banking System of Armenia in 100 Years". The press service of the .....

· 10:42 05.11.2010
Ameribank presents innovative trade financing instruments
ArmInfo. Ameriabank has presented two innovative trade financing instruments: "classical" factoring and delivery order financing (DOF). The DOF and factoring contracts are regarded as a security and .....

· 10:49 03.11.2010
IFC to advise Anelik Bank on risk management
ArmInfo. The IFC will advise Anelik Bank in the field of risk management. Relevant agreement was signed today by Chairman of the Board of Anelik Bank .....

· 10:53 02.11.2010
In Sept 2010 bank loans in Armenia grew by 1.8% to $2.3bln
ArmInfo. In Sept 2010 bank loans in Armenia grew by 1.8%. In Jan-Sept 2010 they grew by 15.1%, as compared with .....

· 10:53 02.11.2010
Share of population's deposits in time deposit portfolio exceeds 70%
ArmInfo. In Sept 2010 the amount of bank deposits grew by 0.6%. In Jan-Sept 2010 it dropped by 0.2% while as compared with .....

· 18:36 01.11.2010
At EXPO-RUSSIA Armenia 2010 Areximbank-Gazprombank Group awarded a gold medal and a diploma
ArmInfo. At the Russian-Armenian industrial exhibition EXPO-RUSSIA Armenia 2010 Areximbank-Gazprombank Group was awarded a gold medal and a diploma .....

· 21:23 30.10.2010
Doubtful loans in loan portfolio of Armenian commercial banks down 17.2% amid insignificant growth of non-standard and supervised loans
ArmInfo. Doubtful loans in the loan portfolio of Armenian commercial banks were down .....

· 21:21 30.10.2010
Last week Armenian banks provided loans worth 16.8 bln AMD and $21.2 mln
ArmInfo. Last week (18-24 Octoberl) Armenian banks provided loans worth 16.8 bln AMD and $21.2 mln, the press service .....

· 21:21 30.10.2010
Armenia banks increase industrial sector financing to level of trade finance
ArmInfo. The share of industrial sector and trade financing in the aggregate loan portfolio of Armenian commercial banks as of Oct 1 .....

· 18:33 28.10.2010
In Q3 2010 time deposits of physical entities grew by 5.8% to $746.3mln
ArmInfo. In Q3 2010 time deposits of physical entities grew by 5.8% to $746.3mln or 269.6bln AMD. The press service of .....

· 16:38 28.10.2010
Clientele of Areximbank-Gazprombank Group increases by 28%
ArmInfo. Areximbank-Gazprombank Group has provided its services to 46721 clients, of them 44211 individuals and 2510 legal entities - representatives of small, medium and large business. .....

· 14:13 28.10.2010
Armenian banking system ensures $57 million profits for 9 months of 2010
ArmInfo. Gross income of Armenian commercial banks for 9 months of 2010 totaled 172.1 billion drams ($476.4 million), expenses totaled 146 .....

· 14:12 28.10.2010
Share of foreign capital in the authorized fund of Armenia's banking system grew from 67% to 72.4% for 9 months of 2010
ArmInfo. The share of foreign capital in the aggregate .....

· 10:45 28.10.2010
VTB Bank (Armenia) presents Martuni branch in line with retail business development program
ArmInfo. VTB Bank (Armenia) Martuni branch has moved to a new building (Martuni, Str. Myasnikyan 33) in line with the .....

· 16:58 27.10.2010
Areximbank-Gazprombank Group to take part in EXPO Russia Armenia 2010
ArmInfo. Areximbank-Gazprombank Group is going to take part in EXPO Russia Armenia 2010. The press service of the bank reports that representatives of Gazprombank .....

· 16:56 27.10.2010
Over Jan-Sep 2010 Areximbank-Gazprombank Group ensured the highest growth of credit portfolio - 99,99%
ArmInfo. Over Jan-Sep 2010 Areximbank-Gazprombank Group demonstrated the highest growth of credit portfolio in the Armenian banking system – .....

· 10:58 27.10.2010
Nerses Karamanukyan: Ardshininvestbank's cooperation with BSTDB to allow stimulating SME development
ArmInfo. During today's meeting with Chairman of the Council of Ardshininvestbank Karen Safaryan and Chairman of Board of the bank Nerses .....

· 10:58 27.10.2010
Leasing portfolio of Ameriabank reaches 2 bln drams
ArmInfo. The leasing portfolio of Ameriabank has reached 2 bln drams, Ameriabank's director for development Tigran Jrbashyan told ArmInfo correspondent. He also added the leasing services .....

· 17:54 26.10.2010
Areximbank-Gazprombank Group increases number of payment cards by 20% over Jan-Sep 2010
ArmInfo. Over Jan-Sep 2010 Areximbank-Gazprombank Group increased the number of payment cards by 20% to 68828, the press .....

· 15:58 26.10.2010
Ameriabank announces its initiatives under a new slogan "100 years is just the beginning"
ArmInfo. Today Ameriabank announced its initiatives under a new slogan – "100 years is just the beginning". "We .....

· 18:50 25.10.2010
Areximbank - Gazprombank Group to increase loan portfolio by $30 million till late 2010
ArmInfo. Areximbank - Gazprombank Group is going to increase loan portfolio by $30 million to over 50 billion drams .....

· 15:39 25.10.2010
EBRD extends new local currency financing in Armenia: up to US$ 12 million loan in local currency to ACBA-Credit Agricole Bank
ArmInfo. The EBRD is increasing the availability of local currency .....

· 13:09 23.10.2010
Ameriabank is in the lead by credit portfolio
ArmInfo. Over Jan-Sep 2010 Ameriabank increased its credit portfolio by 37%, and by 98% as compared with Jan-Sep 2009, having ensured 88 bln AMD .....

· 19:48 22.10.2010
Last week Armenian banks provided loans worth 17.4 bln AMD and $27.8 mln
ArmInfo. Last week (11-17 October) Armenian banks provided loans worth 17.4 bln AMD and $27.8 mln, the press service .....

· 20:09 20.10.2010
1500 children from Armenia benefit from HSBC Global Education Trust Funds
ArmInfo. Since its launch in 2007, 1500 children from underprivileged communities in Armenia have benefited from HSBC Global Education Trust's "Future First" .....

· 20:09 20.10.2010
Armenia's Inecobank gets EBRD $17 million financing for on-lending to private businesses in Armenia
ArmInfo. The EBRD is extending US$ 17 million in two facilities to Inecobank, a long standing partner bank in .....

· 10:32 19.10.2010
Anelik Bank and EBRD sign 3 mln USD agreement on financing projects in energy saving sphere
ArmInfo. Anelik Bank and European Bank for Reconstruction and Development (EBRD) have signed an agreement on crediting .....

· 13:45 17.10.2010
Last week Armenian banks provided loans worth 14.8 bln AMD and $45.8 mln
ArmInfo. Last week (4-10 October) Armenian banks provided loans worth 14.8 bln AMD and $42.8 mln, the press service .....

· 17:41 15.10.2010
Ameriabank "invents" its own mechanism of hedging market risks
ArmInfo. Ameriabank and International Finance Corporation (IFC) signing an agreement on conclusion of swap deals - trade and financial exchange operations on Friday. .....

· 17:40 15.10.2010
Converse Postbank opens its first regional postal branch
ArmInfo. Converse Bank has opened two branches in the town of Kapan. Armenian President Serzh Sargsyan was present at today's ribbon-cutting ceremony. Besides .....

· 17:38 15.10.2010
BTA Bank launches new project of preferential lending for SME
ArmInfo. BTA Bank has launched a new project of preferential lending for small and medium-sized enterprises as part of a special .....

· 10:12 13.10.2010
Central Bank of Armenia authorizes ACBA-Credit Agricole Bank to participate in American Express payment system
ArmInfo. The Central Bank Council of Armenia authorized ACBA-Credit Agricole Bank to join American Express system (AmEx) on .....

· 19:32 08.10.2010
On the eve of its 9th birthday Unibank sums up its financial indices
ArmInfo. On the eve of its 9th birthday Unibank has summed up its financial indices. The press service of Unibank reports .....

· 16:00 08.10.2010
VTB Bank (Armenia) continues upgrading its offices
ArmInfo. While continuing the process of improvement and upgrading of its offices according to the programme of the retail business development in 2010, VTB Bank (Armenia) .....

· 18:37 07.10.2010
Russian BPC offers Armenian banks SmartVista functional solutions
ArmInfo. The Banking Production Center (BPC, Russia) offers the Armenian banks SmartVista functional solutions. The presentation of the solutions took place during a specialized conference .....

· 16:29 07.10.2010
Raiffeisenbank Austria establishes trade finance transactions limit for VTB Bank (Armenia)
ArmInfo. CJSC VTB Bank (Armenia) has correspondent relations with many foreign banks, including with Raiffeisenbank Austria. As a result of long-term cooperation .....

· 20:04 05.10.2010
Armen Naljyan appointed as acting chairman of the executive board of Armeconombank
ArmInfo. Today the Board of Armeconombank OJSC satisfied the request of David Sukiasyan, the chairman of the bank's executive board, .....

· 16:10 05.10.2010
Unibank opens a new branch in Yerevan
ArmInfo. A new branch of Unibank – "David Bek" located at 7 Nork Massive at 28/10 Avetisyan Str. started servicing clients today. The press service .....

· 14:47 04.10.2010
EBRD and ARARATBANK sign a US$5 million loan agreement for on-lending to SME
ArmInfo. The European Bank for Reconstruction and Development (EBRD) and ARARATBANK OJSC signed a new loan agreement for US$5 .....

· 01:33 02.10.2010
Head of EBRD Office in Yerevan: Armenian banks' credit portfolios have a satisfactory quality
ArmInfo. The Armenian banks' credit portfolios for financing of small and medium enterprises (SME) have a satisfactory .....

· 01:33 02.10.2010
Last week Armenian banks provided loans worth 12.7 bln AMD and $25.8 mln
ArmInfo. Last week (September 20-26) Armenian banks provided loans worth 12.7 bln AMD and $25.8 mln, the press service of .....

· 01:32 02.10.2010
EBRD to increase investment volumes in Armenia up to 60 mln EUR till the end of the year
ArmInfo. European Bank for Reconstruction and Development is going to increase the investment volumes in .....

· 21:12 27.09.2010
ProCredit Bank is going to intensify its activities on agricultural lending market
ArmInfo. This year, with the support of OeEB (Austria), ProCredit Bank is going to start issuing agricultural loans at all of .....

· 18:33 24.09.2010
ProCredit Bank to hold Council session in Armenia
ArmInfo. ProCredit Bank Council session will be held in Armenia for the first time since opening of the bank. As ProCredit Bank's press service .....

· 11:15 18.09.2010
Last week Armenian banks provided loans worth 20.6 bln AMD and $30.2 mln
ArmInfo. Last week (6-12 September) Armenian banks provided loans worth 20.6 bln AMD and $30.2 mln, the press service of .....

· 19:21 16.09.2010
Ameriabank is going to open branches in Gyumri and Vanadzor
ArmInfo. Ameriabank is going to open branches in Gyumri and Vanadzor, Director General of Ameriabank Artak Anesyan said in an interview to ArmInfo. The .....

· 19:15 16.09.2010
Ameriabank is planning to increase its credit portfolio to 84bln AMD by the end of this year
ArmInfo. Ameriabank is planning to increase its credit portfolio by 10% to 83bln-84bln AMD by the .....

· 18:54 16.09.2010
Unibank expected to issue Visa chip cards in October
ArmInfo. In October, Unibank plans to begin mass production of chip Visa cards through its own processing center and the cards will be .....

· 16:49 16.09.2010
Ameriabank CJSC sets example with implementation of Environmental and Social Management System (ESMS)
ArmInfo. Ameriabank CJSC, with the support of the Netherlands Development Finance Company (FMO), and DEG - Deutsche Investitions-und Entwicklungsgesellschaft .....

· 20:35 14.09.2010
Areximbank-Gazprombank Group is planning to convert its IT technologies to ISO 27000 standards
ArmInfo. By 2013 Areximbank-Gazprombank Group is planning to transfer convert its IT technologies to ISO 27000. Head of the IT Department .....

· 16:26 14.09.2010
HSBC Bank Armenia to create special branch for "Status" exclusive banking package
ArmInfo. HSBC Bank Armenia is expected to create a special branch for the "Status" exclusive banking package in 2011, Astrid .....

· 17:15 13.09.2010
Over Q2 2010 interest rates of AMD deposits in Armenian banking system rose to 10.4% and those of USD deposits fell to 6.8%
ArmInfo. Over Q2 2010 the interest rates of AMD .....

· 14:52 10.09.2010
Areximbank-Gazprombank Group has improved its lending terms
ArmInfo. Areximbank-Gazprombank Group has reduced interest rates for all types of loans. The press service of the bank reports that the interest rates of AMD mortgage loans .....

· 18:03 09.09.2010
Yield of "structured deposit" of Ameriabank reaches 40%
ArmInfo. Over the past 4 months of 2010 the "structured" deposit offered by Ameriabank demonstrated unprecedented yield, which is unordinary for a banking .....

· 20:17 07.09.2010
Ameriabank approves financing of 10 business projects in renewable energy sector
ArmInfo. Ameriabank has approved 10 business projects in the renewable energy sector for financing as part of IFC project and Dutch-German .....

· 11:32 06.09.2010
Unibank to get into KfW's mortgage programme
ArmInfo. Unibank is going to take part in the second stage of KfW German bank's mortgage programme, deputy Chairman of Unibank Board of Directors, Corporate .....

· 14:02 03.09.2010
Ararat Ghoukassyan appointed as Chief Executive Director of Byblos Bank Armenia
ArmInfo. Ararat Ghoukassyan has been appointed as Chief Executive Director of Byblos Bank Armenia. As press-service of Byblos Bank reported, Armenian Central .....

· 18:27 02.09.2010
Moody's preserves Ardshininvestbank's ratings
ArmInfo. Moody's has left Ardshininvestbank's ratings unchanged: long-term Ba2 and short-term Not Prime for AMD deposits and long-term Ba3 and short-term Not Prime for foreign exchange deposits. BFSR rating .....

· 18:43 30.08.2010
VTB Bank Armenia has highest rank in Armenia's banking system
ArmInfo. VTB Bank Armenia has held a survey of Armenia's banking system as part of its program to enlarge its business and to .....

· 13:49 30.08.2010
Ameriabank and IFC to extend cooperation frames
ArmInfo. Mr. Lars H. Thunell, Executive Vice President and CEO of World Bank group member International Finance Corporation (IFC) visited Ameriabank, accompanied by a group of .....

· 09:52 30.08.2010
In Q2 2010 interest rates of AMD deposits grew to 10.4%, while rates of USD deposits dropped to 6.8%
ArmInfo. ArmInfo. In Q2 2010 the interest rates of AMD deposits grew by 0.4% to .....

· 09:51 30.08.2010
Ardshininvestbank awarded with Citibank for ensuring high quality of money transfer
ArmInfo. Ardshininvestbank has been awarded with the New-York Citibank for ensuring high quality of money transfer. As press-service of Ardshininvestbank reported, more than .....

· 11:40 27.08.2010
IFC partners with Inecobank to expand trade finance in Armenia
ArmInfo. IFC, a member of the World Bank Group, today signed an agreement with Inecobank to further expand access to trade finance for small .....

· 03:13 26.08.2010
Central Bank of Armenia registers Vardenis branch of ACBA-Credit Agricole Bank
ArmInfo. The Central Bank of Armenia has registered a branch of ACBA-Credit Agricole Bank in Vardenis. The press service of the CB .....

· 03:10 26.08.2010
Unibank the leader at Armenian term deposits market
ArmInfo. In the first half of 2010, Unibank has retained its leadership in the market of term deposits. The volume of term deposits of the .....

· 11:20 23.08.2010
Ardshininvestbank successfully completes optimization of its divisions
ArmInfo. Ardshininvestbank has successfully completed the optimization of its divisions, Chairman of Board of Ardshininvestbank Nerses Karamanukyan told ArmInfo correspondent. According to him, realizing the .....

· 13:05 17.08.2010
Fitch Withdraws VTB Bank (Armenia)'s Ratings
ArmInfo. Fitch Ratings has affirmed and withdrawn the ratings of VTB Bank (Armenia) (VTBA), including its Long-term Issuer Default ratings (IDR) at 'BB', Fitch Ratings told ArmInfo. The .....

· 15:28 11.08.2010
Armeconombank preparing for issue of cards using its own embosser
ArmInfo. Armeconombank is going to issue plastic cards using its own embosser within the coming 10 days, Vardan Yeghiazaryan, Head of Armeconombank Plastic .....

· 11:10 11.08.2010
Armenian banks' provision of crediting to legal entities keep on growing more rapidly than crediting to individuals
ArmInfo. Over Jan-June 2010 provision of crediting to legal entities by the Armenian .....

· 11:07 11.08.2010
Aggregate net profits of Armenian commercial banks up over threefold to $40.2 million for first half of 2010
ArmInfo. Aggregate net profits of Armenian commercial banks was up over threefold to .....

· 16:22 10.08.2010
Over Q2 2010 deposits of individuals in Armenia's commercial banks declined by almost 4% to $944.8 mln
ArmInfo. Over Q2 2010 the volume of call and time deposits of individuals in Armenia's commercial .....

· 14:56 10.08.2010
Average salary in banking system of Armenia up 14% versus first half of 2009 to 301,000 drams on June 30 2010
ArmInfo. Average salary in the banking system of Armenia was up 14% .....

· 13:12 10.08.2010
Accumulated profit of Armenia's banking system grew by 1,3% to $223.4 mln over 2Q 2010
ArmInfo. Accumulated profit of Armenia's banking system grew by 9,6% over the 1st half year 2010, by .....

· 19:00 09.08.2010
General obligations of Armenian banking system down 4.1% for Q2 2010 to US$2.9 billion
ArmInfo. General obligations of the Armenian banking system were down 4.1% for Q2 2010 (versus 4.8% growth .....

· 16:47 09.08.2010
Over Q2 2010 provision of crediting of Armenian banking system grew by 2,3% to $2.3 bln
ArmInfo. By 30 June 2010 real provision of crediting of the Armenian banking system amounted to 838.9 .....

· 16:42 09.08.2010
Assets of Armenian banking system for Q2 2010 were down 2.1% to 1.371 trillion drams or $3.7 billion
ArmInfo. Assets of the Armenian banking system for Q2 2010 were down 2.1% .....

· 16:33 09.08.2010
ACBA-Credit Agricle Bank, HSBC Bank Armenia and VTB Bank (Armenia) top three banks by highest net profit for first half of 2010
ArmInfo. ACBA-Credit Agricle Bank, HSBC Bank Armenia and VTB Bank (Armenia) .....

· 14:33 09.08.2010
Armenian commercial banks increase crediting volume by 85,4% over year
ArmInfo. Volume of crediting by commercial banks of Armenia in Jan-Jun 2010, as compared to the similar period of 2009, grew by .....

· 19:04 06.08.2010
Last week Armenian banks provided loans worth 19.8 bln AMD and $41.7 mln
ArmInfo. Last week (26 July – 1 August) Armenian banks provided loans worth 19.8 bln AMD and $41.7 mln, the .....

· 11:43 03.08.2010
Non-prime loans decline while prime and dubious loans grow in credit portfolio of Armenian commercial banks
ArmInfo. Non-prime loans are declining while prime and dubious loans are growing in the credit portfolio of .....

· 11:41 03.08.2010
Major part of loans in Armenian commercial banks' credit portfolio falls on trade - 20,6% or $448 mln
ArmInfo. As of 1 July 2010, in the summary credit portfolio of the Armenian commercial .....

· 11:39 03.08.2010
In Q2 2010 amount of loans given by banks to physical entities grew by 0.1% to $811.1mln
ArmInfo. In Q2 2010 the total assets of Armenia's banking system decreased by 3.9% to 1.3trl .....

· 18:35 02.08.2010
Credits provided by Armenian commercial banks over June 2010 up 2% to $2.2 bln
ArmInfo. Credits provided by the Armenian commercial banks over June 2010 were up 2%, and 9,3% over Jan-Jun 2010 .....

· 18:32 02.08.2010
Deposits raised by Armenian banks fell by 1,9% to $1.7 bln over June 2010
ArmInfo. Deposits raised by Armenian commercial banks fell by 1,9% over June 2010, and by 3,3% over Jan-Jun 2010 .....

· 18:31 02.08.2010
In Q2 2010 share of foreign capital in authorized capital of Armenia's banking system grew from 65.8% to 73%
ArmInfo. In Q2 2010 the share of foreign capital in the authorized capital of .....

· 18:17 02.08.2010
HSBC opens up the doors for talent development in Armenia
ArmInfo. HSBC Armenia opens the doors of global talent development initiatives of HSBC Group for students and graduates of Higher Education Institutions .....

· 15:13 30.07.2010
VTB Bank prepares pleasant surprises for winners of Kangaroo 2010 competition
ArmInfo. VTB Bank (Armenia) has prepared pleasant surprises for the winners of Kangaroo 2010 competition, Edgar Minasyan (8-year pupil, Yerevan) and Abraham .....

· 15:11 30.07.2010
Central Bank of Armenia registers new "Vardenis" branch of Armbusinesbank
ArmInfo. Central Bank of Armenia has registered a new "Vardenis" regional branch of Armbusinesbank. As CB press service told ArmInfo .....

· 19:49 27.07.2010
Unibank intends to introduce ISO/IEC 27001:2005 standards
ArmInfo. To ensure a high-level IT management system, Unibank (Armenia) is shortly going to introduce ISO/IEC 27001:2005 standards, which determine special requirements to information security .....

· 16:14 27.07.2010
Seven banks included in the list of 100 largest taxpayers of Armenia
ArmInfo. Over the first half-year of 2010 seven commercial banks of Armenia were included in the first 100 out of 300 .....

· 11:13 26.07.2010
Unibank intends to ensure twofold growth in plastic cards
ArmInfo. Unibank is going to increase the number of its plastic cards over twice - to 100 thsd by the end of 2010, said .....

· 17:53 23.07.2010
Last week Armenian banks provided loans worth 15.5 bln AMD and $38.5 mln
ArmInfo. Last week (12-18 July) Armenian banks provided loans worth 15.5 bln AMD and $38.5 mln, the press service of .....

· 18:44 22.07.2010
Commercial banks of Armenia start aggressive crediting
ArmInfo. The commercial banks of Armenia demonstrate a trend of aggressive crediting, which will influence reduction in interest rates, said Chairman of Directorate, Director General of .....

· 14:09 22.07.2010
Areximbank-Gazprombank Group joins MIGOM system
ArmInfo. Areximbank-Gazprombank Group has joined the MIGOM international money transfer system. The press service of the bank reports that MIGOM transfers money to the CIS and some European countries .....

· 15:45 17.07.2010
VTB Bank (Armenia) increases turnover of transactions with ArCa cards in its processing network
ArmInfo. In June 2010 the total volume of transactions with the ArCa local cards in the processing network .....

· 18:54 16.07.2010
Last week Armenian banks provided loans worth 13.6 bln AMD and $34.3 mln
ArmInfo. Last week (5-11 July) Armenian banks provided loans worth 13.6 bln AMD and $34.3 mln , the press .....

· 10:40 14.07.2010
Ameriabank borrows $9mln from IFC and EBRD for financing construction of Elite Plaza business center
ArmInfo. Ameriabank has borrowed $9mln from IFC and EBRD for financing the construction of Elite Plaza business center, .....

· 13:43 09.07.2010
Unibank increases fixed deposit portfolio over year by 8,5%
ArmInfo. Unibank increased the portfolio of fixed deposits of individual persons in the first half year 2010, as compared to the similar period of .....

· 18:03 08.07.2010
Ardshininvestbank provides $60 mln private trasfers circulation in first half year 2010
Arminfo. Circulation of private transfers of Ardshininvestbank exceeded $60 mln in the first half year 2010. As representative of Ardshininvestbank Tigran .....

· 12:39 08.07.2010
"Areximbank-Gasprombank group" joins e:mail document flow
ArmInfo. "Areximbank - Gasprombank Group" has started the transference process to the e:mail document flow - a single unit to deal with e:documents, which will fulfill the .....

· 17:30 07.07.2010
30,000 customers and stakeholders experienced HSBC Bank Armenia environmental protection activities during June, 2010
ArmInfo. More than thirty thousand customers and stakeholders became aware of important environmental protection issues as a result of .....

· 15:44 03.07.2010
Credits provided by Armenian commercial banks in May 2010 up 1,2% to $2.083 bln
ArmInfo. Credits provided by the Armenian commercial banks in May 2010 grew by 1,2%, and by 24,3% as compared .....

· 15:38 03.07.2010
Deposits raised by Armenian commercial banks fell by 3,3% to $1.687 bln in May 2010
ArmInfo. Deposits raised by Armenian commercial banks for May 2010 were up 21%, as compared with May .....

· 13:54 01.07.2010
VTB Bank (Armenia) announces "VTB-Summer" action
ArmInfo. VTB Bank (Armenia) announces "VTB-Summer" action, within the frames of which the bank enables the country's population to cash free-of- charge in any ATM in .....

· 14:06 30.06.2010
VTB Bank (Armenia) receives $2.5 mln tranche from EBRD
ArmInfo. Within the frames of cooperation with the European Bank for Reconstruction and Development (EBRD), VTB Bank (Armenia) received the regular tranche at .....

· 15:10 29.06.2010
"HSBC Bank Armenia" increases by 23% SMB credit portfolio for almost six months of 2010
Arminfo. "HSBC Bank Armenia" has increased SMB credit portfolio by 23% up to $38 mln for almost six .....

· 13:45 29.06.2010
Unibank increases volume of fixed deposits by 50%
ArmInfo. Volume of Unibank's fixed deposits by June 1, 2010, exceeded 69 bln drams, having grown by 50% as compared to the similar period of .....

· 18:55 28.06.2010
Central Bank of Armenia registers Ameriabank's new statute
ArmInfo. The Central Bank of Armenia (CBA) has registered Ameriabank's new statute and suspended the activity of Cascade Bank, which has been merged with Ameriabank. .....

· 18:01 25.06.2010
USD deposit rates in Armenia may drop to 6%
ArmInfo. The USD deposit rates in Armenia will continue to decline and may go as low as 6%, says President of the Union of .....

· 16:22 25.06.2010
Armeconombank to open 5 new offices in 2010
ArmInfo. Armeconombank is going to open 4-5 new offices in 2010, deputy chairman of Armeconombank Board Hayk Mkrtchyan told ArmInfo correspondent. He also added that the .....

· 15:23 25.06.2010
Converse Bank offers its customers to control regularly their card accounts via SMS Notification Service
ArmInfo. Converse Bank cardholders have got an opportunity to get information on the balance of their card .....

· 15:07 25.06.2010
Armeconombank to pay dividends to its shareholders for 2009 calculating 7% per share
ArmInfo. Armeconombank will start paying dividends to its shareholders for 2009 calculating 7% per share (175 drams) starting July .....

· 11:09 25.06.2010
Armenian banks deprived of the right to keep independent register of their shareholders
ArmInfo. The commercial banks operating in the territory of the Republic of Armenia shall have no right to keep an .....

· 11:06 25.06.2010
Armenian Parliament approves bill redoubling the size of individual bank deposit guarantees
ArmInfo. Today, the National Assembly of Armenia approved a bill redoubling the size of individual bank deposit guarantees. 84 MPs voted .....

· 16:12 23.06.2010
Converse Bank and Visa Concord Travel Agency offer tours in Tunis
ArmInfo. Converse Bank jointly with Visa Concord Travel Agency offer for the first time in Armenia organization of tours in Tunis. .....

· 15:06 23.06.2010
Armenia's banking system to ensure profit of 20 bln drams in 2010
ArmInfo. Armenia's banking system will ensure profit of about 20 bln drams upon the results of 2010. Such a forecast .....

· 17:52 22.06.2010
Armeconombank buys embosser and is going to start making plastic cards on its own
ArmInfo. Armeconombank buys embosser and is going to start making plastic cards on its own. Head of the Plastic .....

· 17:48 22.06.2010
In July 2010 Visa Int. to consider possibility of cooperation with Armeconombank
ArmInfo. Armeconombank is going to become a principal member of Visa International. Head of the Plastic Card Department of Armeconombank Vardan .....

· 17:43 22.06.2010
Armeconombank starts issuing accumulative cards
ArmInfo. Armeconombank has started issuing the accumulative cards. As the head of the plastic cards department of the bank Vardan Egiazaryan told ArmInfo correspondent, within the frames of the .....

· 14:58 22.06.2010
Economic development lending in Armenia for Q1 2010 up 5.9%
ArmInfo. Upward trends of economic development lending in Armenia continued also in Q1 2010 and grew 5.9%. As compared to Q1 2009, this .....

· 14:08 17.06.2010
Lending by banks up 81.4% for Jan-May 2010 in Armenia
ArmInfo. Lending by Armenian commercial banks for Jan-May 2010 versus the same period of 2009 grew 81.4% to 282 billion drams. In .....

· 16:39 16.06.2010
Converse Bank cardholders to enjoy medical insurance
ArmInfo. Converse Bank cardholders will receive medical insurance from now and on, Converse Bank press-service told ArmInfo. The bank will provide voluntary medical insurance policies free on .....

· 15:36 16.06.2010
75-80% EBRD credits in 2010 to be directed to Armenian SME via banks
ArmInfo. European Bank for Reconstruction and Development will direct the lion's share of credits - 75-80% to Armenia's small and .....

· 14:13 16.06.2010
Central Bank of Armenia forecasts 11,8% growth of private investments in 2010
ArmInfo. Central Bank of Armenia has revised the forecasts for 2010 on private spending towards growth. According to CB's monetary policy .....

· 14:12 16.06.2010
3% average quarterly growth of Armenia's economy crediting in 2010
ArmInfo. By estimates of Armenia's Central Bank, average quarterly growth of the monetary base will make up 3-4% started April 2010 during 12 months, .....

· 17:52 15.06.2010
Unibank to launch own processing center
ArmInfo. In July 2010 Unibank will launch own processing center with over $1mln invested in this project. The press service of Unibank reports that the decision to open the .....

· 10:53 15.06.2010
ProCredit Bank increases its capital by 400 mln drams up to 6.490 bln drams
ArmInfo. The shareholders of the Armenian ProCredit Bank have sent 400 mln drams to increase the capital, thanks to which .....

· 13:50 14.06.2010
EBRD forecasts further reduction of interest rates in Armenia
ArmInfo. The European Bank for Reconstruction and Development forecasts reduction in the interest rates of AMD and USD loans in Armenia, Head of EBRD Yerevan .....

· 16:26 11.06.2010
Converse Bank introduces ArCaDirect system
ArmInfo. Converse Bank and ArCa payment system have introduced a new joint system ArCaDirect. The press service of the bank told ArmInfo that Converse Bank is the .....

· 20:49 07.06.2010
Draft German-Armenian agreement for allocation of 105.5mln EUR submitted for Armenian Parliament's consideration
ArmInfo. The draft German-Armenian agreement for allocation of 105.5mln EUR has been submitted for the Armenian Parliament's consideration, Deputy Finance Minister .....

· 19:46 04.06.2010
Last week Armenian banks provided loans worth 12.1 bln AMD and $37.7 mln
ArmInfo. Last week (24 - 30 May) Armenian banks provided loans worth 12.1 bln AMD and $37.7 mln, the press .....

· 17:01 02.06.2010
Over April 2010 deposits raised by Armenian commercial banks declined by 4.6% to $1.7 bln
ArmInfo. Deposits raised by Armenian commercial banks over April 2010 were up 25,7% as compared with April 2009, and .....

· 16:55 02.06.2010
Accumulated loss of Armenian Central Bank reduced by 19,2% for 1Q, 2010 to $132 million
ArmInfo. Accumulated loss of Armenian Central Bank reduced by 19,2% for 1Q, 2010 to 52.8 bln drams or $132 .....

· 16:53 02.06.2010
Credits provided by Armenian commercial banks for April 2010 down 1.4% to $2 billion
ArmInfo. Credits provided by the Armenian commercial banks for April 2010 were down 1.4% to 780.1bn drams or .....

· 17:35 27.05.2010
Last week Armenian banks provided loans worth 17 bln AMD and $30.4 mln
ArmInfo. Last week (17-23 May) Armenian banks provided loans worth 17 bln AMD and $30.4 mln, the press service of the .....

· 13:55 27.05.2010
Plastic cards in Areximbank - Gazprombank Group may be ordered on - line.
ArmInfo. A new service on plastic cards, on-line order of cards, has been introduced in Areximbank - Gazprombank Group. As the .....

· 19:36 26.05.2010
Central Bank registers new Yerevan branch of Ameriabank
ArmInfo. The Central Bank of Armenia has registered new Yerevan branch of Ameriabank - Cascade. The branch was registered May 24. The press service of the .....

· 17:36 24.05.2010
Armenian Development Bank sets new rates on AMD deposits
ArmInfo. The Armenian Development Bank (ADB) offers new terms for AMD deposits. The ADB press service told ArmInfo that in case of an agreement .....

· 17:33 21.05.2010
Armenian banks lent 13.7 billion drams and 27.5 million US dollars over last week
ArmInfo. Armenian banks lent 13.7 billion drams and 27.5 million US dollars over last week (May 10-16), the Armenian Central .....

· 16:31 21.05.2010
"Gasprombank" is conducting a travelling seminar in its offices Yerevan
ArmInfo. OJSC "Gasprombank" is conducting a travelling seminar in its offices Yerevan, on 20-21 May. As press-service of the CJSC "Areximbank - Gasprombank group" reported, .....

· 15:40 20.05.2010
ARARATBANK launches Petrol Plus loyalty & fleet card system for petrol stations in Armenia
ArmInfo. ARARATBANK has announced introduction of Petrol Plus loyalty & fleet card system for petrol stations in Armenia with use .....

· 15:33 20.05.2010
BTA Bank launches SME support action
ArmInfo. In May-June 2010 BTA Bank will implement a preferential credit program for supporting small and medium-sized business. The press service of the bank reports that the interest will .....

· 17:46 19.05.2010
VTB Bank (Armenia) reduces foreign currency deposits rates
ArmInfo. The total dram credit portfolio of VTB Bank (Armenia) has grown by 5% according to the results of the 1Q 2010. As the bank assessed, .....

· 13:26 19.05.2010
Armeconombank offers transfers in Russian rubles via "Bystraya Pochta" money transfer system
ArmInfo. Armeconombank offers money transfers also in Russian rubles via the system "Bystraya Pochta", Armeconombank press-service reported. The commission fee is 2% .....

· 10:59 19.05.2010
Converse Bank launches 3 new types of time deposits
ArmInfo. Converse Bank has launched three new types of time deposits, particularly, "Golden baby", "Happy future" and "Pension" The press service of the .....

· 10:58 19.05.2010
Areximbank-Gazprombank Group launches Hotline service
ArmInfo. Hotline service has been launched at the website of Areximbank-Gazprombank Group. The press service of Areximbank-Gazprombank Group told ArmInfo that the Hotline service aims to establish closer .....

· 15:03 17.05.2010
Classified loans in credit portfolio of Ameriabank amounted to 0,26%
ArmInfo. The share of the classified loans (controlled, non-standard and doubtful) in the credit portfolio of Ameriabank amounted to 0,26%. This indicator was 0,76% .....

· 13:24 17.05.2010
New system of staff incentive and social benefits introduced at Areximbank-Gazprombank Group
ArmInfo. A new system of payment for labor and staff incentive was introduced at Areximbank-GBP Group to upgrade efficiency and retain competitiveness .....

· 12:51 17.05.2010
VTB Bank (Armenia) lowers interests on loans in terms of US dollars to SME
ArmInfo. VTB Bank (Armenia) offers loans to small and medium-size enterprises (SME) in terms of US dollars on lowered annual .....

· 13:41 15.05.2010
Areximbank-GPB Group holds action for staff of Erebuni-Plaza business center companies
ArmInfo. On the occasion of a year of work of Erebuni-Plaza VIP branch, Areximbank - Gazprombank Group invites the personnel of the .....

· 11:46 14.05.2010
Online banking gathering pace in Armenia
ArmInfo. Over the last years Armenian banks began actively developing online banking, Michel Davudyan, Apaga Technologies Company Director, said at the seminar on security issues on Friday. .....

· 19:13 13.05.2010
VTB Bank (Armenia) offers deposit "VTB-Prospect+" on higher rates on occasion of May Holidays
ArmInfo. VTB Bank (Armenia) offers a new deposit "VTB-Prospect+" on higher rates on occasion of May Holidays. The bank press-service told .....

· 19:09 13.05.2010
Head of Union Armenian Banks forecasts maintenance of Central Bank's refinancing rate at 7.25% in 2010
ArmInfo. Further reduction of interest rates must boost economic activity in Armenia, Ararat Ghukasyan, Head of the Union .....

· 15:31 13.05.2010
Average salary in banking system of Armenia for Q1 2010 up 6.3% per year to 274,000 drams
ArmInfo. The average salary in the banking system of Armenia for Q1 2010 totaled 274,000 drams or .....

· 15:29 13.05.2010
Aggregate net profit of Armenian commercial banks up almost 6 times per year totaling $16.9mn in Q1 2010
ArmInfo. Aggregate net profit of the Armenian commercial banks was up almost 6 times per year .....

· 15:25 13.05.2010
Accumulated profit of banking system of Armenia grows by 8,3% up to $202.7 mln in 1Q 2010
ArmInfo. As of 31 March 2010 the accumulated profit of the banking system of Armenia grew by .....

· 14:53 12.05.2010
Over Q1 2010 ROE of Armenian banking system amounted to 2,42%, and ROA to 0,5%
ArmInfo. Over Q1 2010 return on equity (ROE) of the Armenian banking system made up 2,42%, having increased by .....

· 14:45 12.05.2010
The volume of individual persons' deposits in commercial banks of Armenia grow almost by 7% up to $906.1 mln in 1Q 2010
ArmInfo. The volume of individual persons' deposits in commercial banks of Armenia .....

· 14:42 12.05.2010
Over Q1 2010 general obligations of Armenian banking system grew by 4,8% to $2.8 bln
ArmInfo. Over Q1 2010 the general obligations of the Armenian banking system grew by 4,8% (against 12,5% growth over .....

· 14:38 12.05.2010
Total investing in government bonds by commercial banks of Armenia down 6.3% to $210.6mn for Q1 2010
ArmInfo. Total investing in government bonds by commercial banks of Armenia was down 6.3% for Q1 2010 .....

· 14:35 12.05.2010
Credit exposure of Armenian banking system up 6.7% to $2.1bn or 58.6% of assets for Q1 2010
ArmInfo. Credit exposure of the Armenian banking system totaled 830.6bn drams ($2.1bn) as of March 31 2010 .....

· 14:32 12.05.2010
Assets of Armenian banking system up 4.5% to $3.5bn for Q1 2010
ArmInfo. Assets of the Armenian banking system were up 4.5% to $3.5bn for Q1 2010 versus 10.2% growth for Q1 2009. Assets .....

· 14:28 12.05.2010
ACBA-Credit Agricole Bank and HSBC Bank Armenia ensure highest net profit Q1 2010 in banking sector of Armenia
ArmInfo. ACBA-Credit Agricole Bank and HSBC Bank Armenia ensured the highest net profit Q1 2010 in .....

· 19:53 07.05.2010
Byblos Bank Armenia intends to launch special products for its foreign clients
ArmInfo. Byblos Bank Armenia is going to shortly launch products specially worked out for its foreign clients, said Hayk Stepanyan, Head of .....

· 19:50 07.05.2010
Last week Armenian banks provided loans worth 16.2 bln AMD and $35.2 mln
ArmInfo. Last week (26 April-2 May) Armenian banks provided loans worth 16.2 bln AMD and $35.2 mln, the press service .....

· 14:24 07.05.2010
Ameriabank doubles leasing portfolio
ArmInfo. Ameriabank has increased its leasing transactions portfolio over the first four months of 2010 almost twofold up to 721 mln drams. As Ameriabank's press service told ArmInfo, the bank .....

· 14:24 07.05.2010
Ardshininvestbank announces "Victory" action for war veterans and servicemen of Armenian Army
ArmInfo. On occasion of May Holidays timed to the Victory in the Great Patriotic War, Ardshininvestbank announces an action "Victory" from May .....

· 12:00 07.05.2010
Eight Armenian banks among top 100 of taxpayers in Armenia
ArmInfo. Eight commercial banks of Armenia were among top 100 taxpayers in Armenia for Q1 2010. The State Revenue Service of Armenia reported that ACBA-Credit .....

· 11:07 07.05.2010
Byblos Bank Armenia to increase credit portfolio twofold
ArmInfo. Byblos Bank Armenia is going to increase credit portfolio twofold till the end of the current year, the head of Finances and Administration Department of .....

· 17:14 06.05.2010
Chrystie Management to finally acquire Ukrprombank's stake in ARMBUSINESSBANK in late May
ArmInfo. The deal on acquisition of Ukrprombank's stake in Armbusinessbank (ABB) by Chrystie Management will be closed in late May, Ara Kirakosyan, .....

· 17:13 06.05.2010
Unibank to ensure 3 bln drams profit in 2010
ArmInfo. According to the results of 2010 Unibank is going to provide 3 bln drams profit, chairman of Unibank Council Gagik Zakaryan said at annual .....

· 09:48 06.05.2010
Banks "have become kinder", so the crisis retreats
ArmInfo. The Judicial Acts Compulsory Enforcement Service at the Armenian Justice Ministry (JACES) keeps on working at introduction of an e-document turnover system, said JACES Head .....

· 12:57 05.05.2010
Areximbank - Gazprombank Group intensifies corporate banking development
ArmInfo. Areximbank - Gazprombank Group is going to intensify corporate banking development. As deputy Director General of Areximbank - Gazprombank Group Vigen Barseghyan told ArmInfo, attraction .....

· 12:28 05.05.2010
Areximbank - Gazprombank Group is going to activate its participation in big energy projects
ArmInfo. Areximbank - Gazprombank Group schedules to activate its participation in big energy projects aimed at development of the country's .....

· 14:50 04.05.2010
HSBC Bank Armenia and SMEDNC to create Trade Finance Academy
ArmInfo. HSBC Bank Armenia and SME Development National Center (SMEDNC) are expected to launch a new Trade Academy in Armenia, HSBC Bank Armenia CEO .....

· 14:47 04.05.2010
Ameria CJSC is Contracted for Export Promotion and Enterprise Development Strategy Consultancy Services in Armenia
ArmInfo. One of the trends of Armenian Government's 2008-2012 Economic Policy is attracting investments and export promotion. For this .....

· 18:57 03.05.2010
In Mar 2010 crediting in Armenia's banking sector grew by 4.7% to $2bln
ArmInfo. In Mar 2010 crediting in Armenia's banking sector grew by 4.7% to 790.9bln AMD or $2bln. In Mar 2010 as .....

· 18:54 03.05.2010
Deposits raised by Armenian commercial banks grow by 4,5% to $1.7 bln over March 2010
ArmInfo. Deposits raised by Armenian commercial over March 2010 were up 27% as compared with March 2009, and up .....

· 09:08 30.04.2010
Liabilities of Armenia's commercial banks over 1Q, 2010, grew by 4,8% to1.1 tln drams
ArmInfo. Total liabilities of Armenia's banking system over 1Q, 2010, grew by 4,8% and made up 1.098 tln drams .....

· 09:06 30.04.2010
In Q1 2010 summary assets of Armenian banking system grew by 4,3% to $3.5 bln
ArmInfo. In I qt 2010 the summary assets of the Armenian banking system grew by 4,3%, having amounted to .....

· 09:04 30.04.2010
Share of foreign capital in authorized capital of Armenia's banking system grew from 67% to 68% in Q1 2010
Arminfo. Mar 31 2010 the share of foreign capital in the authorized capital of Armenia's .....

· 08:59 30.04.2010
EBRD will hedge currency risks of Byblos Bank Armenia's credit at TCX
ArmInfo. The European Bank for Reconstruction and Development will hedge the currency risks of Byblos Bank Armenia's synthetic credit at TCX Investment .....

· 10:59 29.04.2010
VTB Bank (Armenia) is going to create mortgage lending center
ArmInfo. VTB Bank (Armenia) is going to create mortgage lending center in Yerevan, says Director General-Chairman of the Board of VTB Bank (Armenia) Valery .....

· 18:39 28.04.2010
VTB Bank (Armenia) is reducing USD loan and deposit interests
ArmInfo. VTB Bank (Armenia) is planning to shortly reduce the interests on its USD loans and deposits, Director General-Chairman o the Board of VTB .....

· 18:20 28.04.2010
VTB Bank (Armenia) is enlarging its risk management activities
АрмИнфо. VTB Bank (Armenia) is enlarging its risk management activities by introducing retail risk management, Director General-Chairman of the Board of VTB Bank (Armenia) Valery .....

· 16:30 28.04.2010
VTB Leasing (Armenia) to be merged with VTB Bank (Armenia)
ArmInfo. VTB Leasing (Armenia) will be merged with VTB Bank (Armenia), Director-General, Chairman of Directorate of VTB Bank (Armenia) Valery Ovsyannikov said at today's .....

· 14:59 28.04.2010
Areximbank - Gazprombank Group offers its clients individual bank safety deposit boxes
ArmInfo. Starting April 28 "Nalbandyan" Branch of Areximbank-Gazprombank Group offers its clients a new service - individual safety deposit boxes leasing. Areximbank .....

· 14:00 23.04.2010
"Structured" deposits from Ameriabank already available in financial market
ArmInfo. Ameriabank has launched an unprecedented service of "Structured" deposit for individual and legal persons in the Armenian financial market. The proposed deposit .....

· 11:05 23.04.2010
Ameriabank developing special products for foreign clients of Cascade Bank
ArmInfo. Ameriabank is developing special products for foreign clients of Cascade Bank. As Ameriabank Development Director Tigran Jrbashyan said responding to ArmInfo's question, .....

· 11:03 23.04.2010
As of 1 April 2010, total credit portfolio of Ameriabank and Cascade Bank amounted to 71.9 bln AMD
ArmInfo. As of 1 April 2010, the total credit portfolio of Ameriabank and Cascade Bank amounted .....

· 11:01 23.04.2010
Individuals' fixed-term deposits in Unibank increase by 26%
ArmInfo. As of 31 March 2010 the volume of individuals' fixed-term deposits in Unibank amounted to 45.5 bln AMD, having increased by 26%as compared .....

· 11:00 23.04.2010
Ameriabank offers structured deposit service
ArmInfo. In the next few days Ameriabank will offer its customers a new service - structured deposit, Development Manager of Ameriabank Tigran Jrbashyan said during a press-conference today. The .....

· 18:04 22.04.2010
The Armenian banking sector has proved resilient to the crisis, says the International Monetary Fund's Third Review under the Stand-By Arrangement.
ArmInfo. Substantial capital and liquidity buffers, due in part to low leverage ratios, .....

· 11:51 22.04.2010
Chairman of Armenian Central Bank to participate in session of intergovernmental bank council in Moscow
ArmInfo. Today the chairman of the RA Central Bank Arthur Javadyan left for Moscow to participate in the usual .....

· 18:41 16.04.2010
Last week Armenian banks provided loans worth 12 bln AMD and $31.9 mln
ArmInfo. Last week (5-11 April) Armenian banks provided loans worth 12 bln AMD and $31.9 mln, the press-service of the Central .....

· 14:19 13.04.2010
Ardshininvestbank set to reveal crimes at work independently
ArmInfo. Ardshininvestbank reveals crimes at work independently, thanks to regular internal control measures. Ardshininvestbank press-service told ArmInfo that internal control at the bank has revealed infringements .....

· 12:52 12.04.2010
61,5% growth of crediting volume by commercial banks of Armenia over a year
ArmInfo. The volume of crediting by Armenia's commercial banks in Jan-March 2010, as compared to the similar period of 2009, .....

· 14:39 10.04.2010
Ameriabank is not planning to merge with other banks in the near future
ArmInfo. Despite rumors, Ameriabank is not planning to merge with other banks in the near future, Chairman of the Board of .....

· 14:38 10.04.2010
Ruben Vardanyan: Consolidation of Armenian banking sector inevitable
ArmInfo. Consolidation of the Armenian banking sector is inevitable and it is the right process, Ruben Vardanyan, President of "Troika Dialog" Group of Companies, Chairman .....

· 16:21 09.04.2010
Armenian Central Bank registers new branch of ArmBusinessBank in NKR
ArmInfo. The Central Bank of Armenia registered a new branch of ArmBusinessBank - "Khachen" in NKR. CB Chairman adopted the given decision on April .....

· 14:24 09.04.2010
State Commission on Economic Competition approves deal on merger of Ameriabank and Cascade Bank
ArmInfo. The State Commission on Economic Competition of Armenia has approved the deal on acquisition of the full .....

· 15:34 07.04.2010
Ardshininvestbank ensures 3.9% growth of private transfers for Q1 2010
ArmInfo. Ardshininvestbank ensured 3.9% growth of private transfers for Q1 2010 versus the same period of 2009 to $29.7mn, Tigran Shahinyan, Head of Ardshininvestbank .....

· 16:33 03.04.2010
Armswissbank becomes market maker for Artsakh HPP stocks
ArmInfo. Starting April 3, 2010, Armswissbank cjsc will provide buy and sell prices for the stocks of "Artsakh HydroPower Plant" ojsc, which have been listed on .....

· 20:02 02.04.2010
In Feb 2010 amount of deposits attracted by commercial banks of Armenia grew by 2.3% to $1.7bln
ArmInfo. In Feb 2010 as compared with Feb 2009 the amount of the deposits attracted by the .....

· 18:00 02.04.2010
Credits provided by Armenian commercial banks for February 2010 up 2,5% to $2 bln
ArmInfo. Credits provided by the Armenian commercial banks for February 2010 were up 2,5% to 755 bln AMD or $2 .....

· 10:04 01.04.2010
Ameriabank is considering expansion into regional markets: Georgia, Southern Russia, Ukraine
ArmInfo. Ameriabank is considering expansion into regional markets: Georgia, Southern Russia, Ukraine, Director General of Ameriabank Artak Hanessyan said during a press-conference today. The .....

· 17:55 31.03.2010
Ameriabank and Cascade Bank make merger deal
ArmInfo. TDA Holdings and Cascade Capital Holdings, shareholders of Ameriabank and Cascade Bank, have reached agreement to merge the two banks. Chairman of the Directorate - Director .....

· 17:55 30.03.2010
Ameriabank provided status of agent of government bonds market
ArmInfo. Ameriabank has been provided the status of an agent of the government treasury mid-term and long-term coupon bonds market. Ameriabank's press-service told ArmInfo .....

· 11:34 30.03.2010
Unibank increases its authorized capital to 11.4bln AMD
ArmInfo. The press service of Unibank reports that the bank needed this increase for augmenting its credit portfolio by 35% in 2010. By the end of .....

· 16:48 29.03.2010
Anelik system to be accessible to 10 Lebanese banks shortly
ArmInfo. The Anelik international money transfer system will become accessible at least to 10 Lebanese banks shortly, says Director General of CreditBank Rudolph Atallah .....

· 13:41 29.03.2010
"Converse Bank" has defined a discount system of providing cards to depositor-customers
ArmInfo. "Converse Bank" CJSC has defined a discount system of providing cards to depositor-customers. The bank will provide issuance .....

· 17:11 26.03.2010
Armenian banks lent 17.9 billion drams and 23.8 million US dollars over last week
ArmInfo. Armenian banks lent 17.9 billion drams and 23.8 million US dollars over the last week (Mar 15-21), the Armenian .....

· 17:52 23.03.2010
Unibank shareholder takes a decision to increase Unibank authorized capital by 2.8 bln AMD
ArmInfo. The only shareholder of Unibank – Ripatonso Holdings Limited (Cyprus) has taken a decision to increase the authorized capital .....

· 16:19 23.03.2010
Ameriabank to allocate to $2 million for Purchase Order Financing programme
ArmInfo. Ameriabank starts financing on the basis of applications for acquisition - Purchase Order Financing, envisaged for SME, within the frames of USAID .....

· 16:15 23.03.2010
HSBC Bank Armenia calls on local banks to participate in European Business Awards 2010
ArmInfo. HSBC Commercial banking has entered into a sponsorship deal with the European Business Awards as part of its brand .....

· 16:11 23.03.2010
Ardshininvestbank and OFID sign a US $10 million loan agreement
ArmInfo. Ardshininvestbank and the OPEC Fund for International Development (OFID) signed a US$10 million loan agreement. The loan is provided for 7 years to .....

· 18:21 22.03.2010
Unibank to raise credit portfolio by 35% in 2010
ArmInfo. Unibank is expected to increase credit portfolio by 35% to 90 billion drams till the end of the year, Unibank press-service told ArmInfo. As .....

· 16:02 22.03.2010
EBRD opens a $10 million credit line to Ameriabank to support real economy sector
ArmInfo. The EBRD is boosting further the availability of financing for the real economy sector in Armenia with a new .....

· 18:06 19.03.2010
Lending by banks up 57.1% Jan-Feb 2010 in Armenia
ArmInfo. Lending by Armenian commercial banks for Jan-Feb 2010 as compared to the same period of 2009 grew 57.1% to 89 billion drams. ACRA Credit Bureau .....

· 11:50 19.03.2010
Unibank has increased U-Stream credit card limit
ArmInfo. Unibank has increased the U-Stream credit card limit to $5,000, reports the bank's press service. U-Stream is available for customers who have received transfer for a year .....

· 15:49 17.03.2010
Areximbank-GPB to increase number of issued cards till the end of 2010
ArmInfo. Areximbank-Gazprombank Group is expected to increase the number of issued plastic cards to 69,000 till the end of 2010, Ruben Khachatryan, .....

· 15:03 17.03.2010
Ardshininvestbank assured 8,5% growth of private transfers in February
ArmInfo. Ardshininvestbank fixed 8,5% growth of private transfers turnover in February, 2010, as compared to February 2009. As Head of Ardshininvestbank Department of payment .....

· 11:08 15.03.2010
Armenian banks provided dram credits to 16.6 bln drams and dollar credits to $21.3 mln over last week
ArmInfo. Armenian banks provided dram credits to 16.6 bln drams and dollar credits to $21.3 .....

· 10:16 15.03.2010
In Feb 2010 the amount of utility payments and internet trade transactions grew by 26%
armInfo. In Feb 2010 as compared with Feb 2009 the amount of utility payments and internet trade transactions grew .....

· 18:26 05.03.2010
Last week Armenian banks provided loans worth 18.4 bln AMD and $24.6 mln
ArmInfo. Last week (22-28 February) Armenian banks provided loans worth 18.4 bln AMD and $24.6 mln, the Central Bank of Armenia .....

· 18:12 05.03.2010
Ameriabank intends to increase corporate portfolio of the new branch in Dilijan to 15 mln USD
ArmInfo. Ameriabank CJSC intends to increase the corporate credit portfolio of its new branch in Dilijan to 15 .....

· 16:11 05.03.2010
HSBC Bank Armenia: Second wave of crisis does not threaten economy of Armenia
ArmInfo. A second wave of crisis does not threaten economy of Armenia, Astrid Clifford, HSBC Bank Armenia CEO, said in a .....

· 16:09 05.03.2010
HSBC Bank Armenia to keep on investing in innovative banking technologies in 2010
ArmInfo. HSBC Bank Armenia is expected to invest $1 million in innovative banking technologies in 2010, says Astrid Clifford, HSBC Bank .....

· 10:58 05.03.2010
Troika Dialog: Armenia has good development prospects but it must be able to overcome own weaknesses and hard external circumstances
ArmInfo. The industry of Armenia is undergoing transformation and modernization in conformity with new .....

· 10:47 05.03.2010
By the end of 2010 Ameriabank is planning to increase its credit portfolio by $80mln
By the end of 2010 Ameriabank is planning to increase its credit portfolio by $80mln, Director General of Ameriabank .....

· 10:42 05.03.2010
Ameriabank and EBRD to direct 20 mln USD to co-financing of medium-sized enterprises
ArmInfo. Ameriabank and European bank for Reconstruction and Development (EBRD) have signed an agreement on joint implementation of the credit .....

· 10:21 05.03.2010
EBRD: Armenian banking sector needs consolidation
ArmInfo. The Armenian banking sector needs certain consolidation, EBRD Director for Financial Institutions in Middle Asia, Caucasus and Mongolia Mike Taylor said in Yerevan on Thursday. The European .....

· 18:11 03.03.2010
Accumulated profits of the Armenian banking system up 10% to $198.4 mln in 2009
ArmInfo. The accumulated profits of the Armenian banking system were up 10% (8.8% for Q4) to 75 bln drams ($198.4 .....

· 18:02 03.03.2010
General obligations of Armenian banking system up 33% to $2.8 bln in 2009
ArmInfo. General obligations of the banking system of Armenia were up 33% in 2009 (versus 31% growth for 2008), 19.2% in .....

· 17:52 03.03.2010
In 2009 the assets of Armenian banking system grew by 29,9% to $3.6 bln
ArmInfo. In 2009 the assets of the Armenian banking system grew by 29,9%, and in the second half year - .....

· 12:25 01.03.2010
1,1% reduction of volume of deposits attracted by Armenia's commercial banks in January 2010
ArmInfo. The volume of deposits, attracted by Armenia's commercial banks, made up 649.5 bln drams ($1.7 bln) by February .....

· 12:21 01.03.2010
1,3% reduction of credit investments of Armenian commercial banks in January 2010
ArmInfo. Volume of credit investments of Armenia's commercial banks reduced by 1,3% in January 2010, and grew by 15,6% per annum .....

· 17:57 26.02.2010
T. Jrbashyan forecasts gradual depreciation of national dram in 2010
ArmInfo.Ameriabank Development Director Tigran Jrbasyan has forecasted gradual depreciation of the national dram in 2010 depending on the unfavorable balance of trade in the .....

· 17:51 26.02.2010
Ameriabank approves 6 business projects on financing renewable energy
ArmInfo. Within the frames of the IFC program on financing renewable energy, Ameriabank has already approved 6 business projects, and 12 more business projects .....

· 18:09 25.02.2010
In 2009 Ameriabank became the leader in banking system by growth of fixed-term liabilities
ArmInfo.In 2009 the volume of fixed-term liabilities of Ameriabank increased 2.6 times to 54.3 bln AMD. The press-service of .....

· 12:26 24.02.2010
Unibank doubles portfolio of business-credits
ArmInfo.Unibank doubled the volume of business-credits in January, 2010, as compared to January, 2009. As Unibank's press service told ArmInfo, as of February, 2010, business-credits made .....

· 10:57 23.02.2010
A card holder of Converse Bank awarded a trip ticket to Dubai
ArmInfo.Converse Bank held a draw within the frames of a joint campaign "Converse. Visa Boom" with Visa International. The press-service of Converse .....

· 10:49 23.02.2010
EBRD and Ameriabank to sign agreement for co-financing big business
Arminfo.In early Mar 2010 EBRD and Ameriabank will sign a $10mln agreement for co-financing big business, says Head of EBRD Yerevan Office Valeriu Razlog. .....

· 14:41 22.02.2010
VTB Bank (Armenia) get status of Agent at the market mid-term and long-term coupon state bonds of Armenia
ArmInfo.On 19 February 2010 VTB Bank (Armenia) has got a status of Agent at the market .....

· 14:27 22.02.2010
ACBA-Credit Agricole Bank preparing to issue first in Armenia American Express cards
ArmInfo.ACBA-Credit Agricole Bank is expected to issue American Express cards for the first time in Armenia, Shahen Hovhannisyan, Armenian Card Executive Officer, .....

· 12:41 20.02.2010
Last week Armenian banks provided loans worth 17.7 bln AMD and $26.4 mln
ArmInfo.Last week (8-14 February) Armenian banks provided loans worth 17.7 bln AMD and $26.4 mln, the Central Bank of Armenia told .....

· 21:50 19.02.2010
New "Utility Payments" Service from ProCredit Bank to Everyone
ArmInfo.ProCredit Bank has launched a united system of "Utility Payments". Now all those who live and work in the neighbourhood of ProCredit Bank can visit .....

· 18:08 18.02.2010
On threshold of women's holidays Areximbank-Gazprombank Group announces an action of free provision of all types of MasterCard
ArmInfo.On the threshold of spring women's holidays, Areximbank-Gazprombank Group is holding a specialized action from February .....

· 18:05 18.02.2010
Ameriabank extending network of ATMs
ArmInfo.Ameriabank keeps on fostering cooperation with corporate clients as part of salary projects and extending the network of ATMs. Ameriabank press-service told ArmInfo the bank serves 35 ATMs, including 36 .....

· 18:02 18.02.2010
Armenian banks are banned to independently maintain share registers
ArmInfo.The government of Armenia approved introduction of alterations to the Laws of Armenia On Banks and Banking Activity and On Joint-Stock Companies. According to .....

· 13:56 18.02.2010
Four leader-banks determined by the position held in Armenian banking system
ArmInfo.ACBA-Credit Agricole Bank, VTB-Armenia, Ardshininvestbank and HSBC Bank Armenia have occupied the leading positions in the banking system of Armenia .....

· 11:12 17.02.2010
Armenian CB allows Artsakhbank to join Allure system
ArmInfo.The Central Bank of Armenia has allowed Artsakhbank to join the Allure money transfer system, reports the CB's press service. Artsakhbank is member to such money .....

· 12:39 16.02.2010
Cascade Bank joins "Bistraya Pochta" fast money transfer system
ArmInfo.Cascade Bank CJSC informs that it has connected to "Bistraya Pochta" fast money transfer system. As the bank's press service told ArmInfo, henceforth, the Bank .....

· 17:09 15.02.2010
Converse Bank announces "Super Chance by MasterCard" campaign
ArmInfo.On February 15 Converse Bank has announced about the launch of "Super Chance by Master Card" campaign, which will last till July 15. The .....

· 16:19 12.02.2010
Lending by banks up 87% for Jan 2010 in Armenia
ArmInfo.Lending by Armenian commercial banks Jan 2010 versus the same period of 2009 was up 87% to 32.1 billion drams. ACRA Credit Bureau .....

· 12:10 11.02.2010
Central Bank of Armenia highly estimates ProCreditBank's role in Armenian economy
ArmInfo. The Central Bank of Armenia (CBA) attaches much significance to ProCreditBank's activity in Armenia, said Deputy Chairman of CBA .....

· 14:27 10.02.2010
Director general of Cascade Bank forecasts further reduction of interest rates in Armenia
ArmInfo. We shall be witnesses of further reduction of the interest rates in Armenia in 2010, .....

· 11:46 10.02.2010
Unibank to increase number of plastic cards threefold in 2010
ArmInfo. Unibank is going to increase the number of plastic cards threefold till late 2010. Aááording to Unibank Card Business Development Director Mesrop Hakobyan, .....

· 13:08 09.02.2010
Armeconombank wins UN tender on implementation of the World Food Programme
ArmInfo. Armeconombank has won the UN tender on implementation of the World Food Programme (UNWFP), Head of Armeconombank Department for Plastic Card Operations .....

· 11:00 29.01.2010
EBRD to first credit agreement with an Armenian bank under a new project on energy saving
ArmInfo. In February the European Bank for Reconstruction and Development (EBRD) is going to sign with an Armenian .....

· 12:59 27.01.2010
Head of Union of Banks of Armenia: There is no monopolization in the banking system of Armenia
ArmInfo. In the banking system of Armenia the price formation is free for both assets and liabilities, .....

· 12:54 27.01.2010
Credit interest rate to continue reducing in 2010 in banking system of Armenia
ArmInfo. Credit interest rate will continue reducing in 2010 in the banking system of Armenia and deposit interest rates will raise .....

· 10:27 25.01.2010
ACBA-Credit Agricole Bank, Ardshininvestbank and Armeconombank are leaders by number of plastic cards issued in Armenia in 2009
ArmInfo. ACBA-Credit Agricole Bank is the leader by the number of plastic cards issued in 2009 .....

· 17:23 22.01.2010
ArmInfo awards certificates to winners of interbank opinion poll "The Best Competitor"
ArmInfo. The winners of the interbank opinion poll "The Best Competitor" held by the financial-analytical service of the Agency of Rating Marketing .....

· 10:36 22.01.2010
Woman appointed head of HSBC Bank Armenia for the first time
ArmInfo. A woman has been appointed chief executive officer of HSBC Bank Armenia for the first time - Astrid Clifford, who has 19-year .....

· 14:19 20.01.2010
Armenia needs united database of movable property
ArmInfo. Armenia needs united database of movable property, says Chairman of the Armenian Union of Banks Ararat Ghukasyan in an interview with ArmInfo. He said Armenia .....

· 14:07 20.01.2010
Central Bank registers new branch of ARARATBANK
ArmInfo. Armenian Central Bank Chairman adopted a decision on January 19 to register a new branch of ARARATBANK in the city center - "Yeritasardakan", the CB press-service .....

· 15:28 18.01.2010
Crediting volume by commercial banks of Armenia reduced by 0,2% in 2009
ArmInfo. The crediting volume by commercial banks of Armenia reduced by 0,2% in 2009 as against 2008, having amounted to 571.4 bln .....

· 15:01 18.01.2010
NASDAQ OMX Armenia lists third issue of ARARATBANK bonds
ArmInfo. Starting January 12, 2010, nominal coupon bonds issued by ARARATBANK open joint stock company will be listed and included in the Bbond list of .....

· 14:43 16.01.2010
In 2010 EBRD to invest 85mln-100mln EUR in Armenian economy
ArmInfo. In 2010 EBRD will invest up to 100mln EUR in the Armenian economy - 18% more than in 2009, Head of EBRD Yerevan .....

· 14:39 16.01.2010
EBRD intends to implement an energy saving project with 3-5 banks of Armenia
ArmInfo. The European Bank for Reconstruction and Development (EBRD) is going to sign an agreement on provision of a .....

· 19:17 15.01.2010
From December 21 to January 3 Armenian banks provided loans worth 35.9 bln AMD and $83.8 mln
ArmInfo. From December 21 2009 to January 3 2010 Armenian banks provided loans worth 35.9 bln AMD .....

· 14:59 13.01.2010
Ameriabank to attract credit from DEG and FMO to $30 million
ArmInfo. Ameriabank completed negotiations with the companies of FMO (Nederlandse. Financierings-Maatschappij voor. Ontwikkelingslanden N.V.) and DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) on attraction .....

· 12:12 13.01.2010
Central Bank of Armenia registers new regional branch of ACBA-Credit Agricole Bank
ArmInfo. A regional branch of ACBA-Credit Agricole Bank, "Maralik", has been registered by December 30, 2009, decision of the Armenian Central Bank .....

· 17:43 12.01.2010
The client base of Armenia`s commercial banks in Jan-Oct 2009 increased by 8,5% to 1.101 million
ArmInfo. The client base of Armenia's banking system by November 1 2009 numbered 1.042 mln individual persons and .....

· 14:05 12.01.2010
Credit portfolio of SMEDNC Fund in 2009 made up 506.6 mln drams
ArmInfo. Credit portfolio of Small and Medium Entrepreneurship Development National Center" Fund (SMEDNC) upon the results of 2009 made up 506.6 .....

· 18:41 11.01.2010
Credits provided by Armenian commercial banks for Jan-Nov 2009 up 13,1% to $1.8 billion
ArmInfo. Credits provided by the Armenian commercial banks for Jan-Nov 2009 were up 13,1% to 719.2 billion drams or $1.8 .....

· 18:36 11.01.2010
Armenian banks raise $1.6 billion deposits for Jan-Nov 2009
ArmInfo. Deposits raised by Armenian commercial banks for Jan-Nov 2009 were up 37.4%, and 1.4% for November totaling 640.3 billion drams ($1.6 billion). .....

· 16:32 26.12.2009
ARARATBANK places the third issue of its bonds ahead of time
ArmInfo. The placement of the third issue of nominal coupon bonds of ARARATBANK was completed Dec 24 2009. Deputy Director General of ARARATBANK .....

· 17:04 22.12.2009
Chairman of Directorate of Ameriabank Artak Hanesyan: Real estate expected to grow in price by 5% in 2010
ArmInfo. The decline of GDP is expected to be overcome in Armenia in 2010, at the .....

· 17:01 22.12.2009
IFC and Ameriabank sign a loan agreement for $15 million to fund renewable energy sphere
ArmInfo. The International Financial Corporation (IFC) has provided a $15 million loan to Ameriabank to finance the renewable energy .....

· 10:34 21.12.2009
13,5% growth of cash transactions with ArCa cards in processing network of Areximbank-Gazprombank in November
ArmInfo. The volume of cash transactions with ArCa cards in the processing network of Areximbank-Gazprombank Group grew in .....

· 17:39 18.12.2009
Armenian banks lent 13.3 billion drams and 26 million US dollars over last week
ArmInfo. Armenian banks lent 13.3 billion drams and 26 million US dollars over the last week (Dec 7-13), Armenian .....

· 17:21 18.12.2009
Christie Management buys Ukrprombank`s share in ArmBusinessBank
ArmInfo. The company Christie Management has filed an application for acquisition of 13.01% of Ukrprombank's shares in ArmBusinessBank (ABB), the ABB press-service reported. As a result, Christie .....

· 16:21 17.12.2009
HSBC Bank Armenia cjsc resumes mortgage lending in AMD to individuals
ArmInfo. HSBC Bank Armenia is pleased to announce that it has re-launched lending in AMD to personal customers, effective November 2009 under the .....
 




 
  Banking sector 

 CJSC "Anelik Bank"
 OJSC "ARARATBANK"
 CJSC "Armbusinessbank"
 CJSC "Armswissbank"
 OJSC "Armeconombank"
 OJSC "ADB"
 CJSC "Areximbank-GPB Group"
 CJSC "Ardshininvestbank"
 CJSC "Artsakhbank"
 CJSC “ACBA-Credit Agricole Bank”
 Co.LTD "Prometey Bank"
 CJSC “Byblos Bank Armenia”
 CJSC "AMERIABANK"
 CJSC "BTA Bank"
 CJSC "Bank VTB - Armenia"
 CJSC "Converse Bank"
 CJSC "INECOBANK"
 CJSC "HSBC Bank Armenia"
 CJSC “ProCredit Bank”
 CJSC "Mellat Bank"
 CJSC "Unibank"
 
  Interview 

· 14:09 29.04.2011
Subsidizing agricultural loans a drop in the ocean
Interview .....
 
 

  Banking news 

· 16:14 23.06.2011
Asian Development Bank to provide US$170 million loan
ArmInfo. .....
 
 

  Archive 
Find
 

 
  CBA exchange rate 18.05.12 
397.89 629.18 391.09
50.16 50.37
12.70 505.24 420.69
 
  NASDAQ OMX on 18.05.12 

$ DEMAND (Puschase) USD

Best price-
Average weighted price399,50
Volume (foreign exchange)-

€ DEMAND (Puschase) EUR

Best price-
Average weighted price-
Volume (foreign exchange)-

$ SUPPLY (Sale) USD

Best price-
Average weighted price399,50
Volume (foreign exchange)-

€ SUPLY (Sale) EUR

Best price-
Average weighted price-
Volume (foreign exchange)-

$ DEALS (USD)

Opening price399,50
Closing price399,50
Minimum price399,50
Maximum price399,50
Average weighted price399,50
+/-(%)+0.238
No. of deals7
Volume (foreign exchange)900.000
Volume (AMD)359.550.000.00
 

 Home Page | Currency market | Capital market | Indicators | Analyses and reviews | Site map | About us | Contact us 
Designed & Developed by
www.webcenter.am