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VTB Bank (Armenia) presents improved conditions for mortgage lending. 
 Wednesday, August 30 2017, 12:38

ArmInfo. From now on, it is possible to issue a mortgage loan in the amount of up to 25 million drams for buying / building / repairing real estate at a reduced interest rate from VTB Bank (Armenia) starting from 11.5% per annum when purchasing housing and from 12.5% at construction / repair. According to the press service of the Bank, the mortgage loan can be granted to RA citizens and RA residents, whose age at the time of  receiving the loan should not be less than 21 years, and at the time of repayment the loan should not exceed the age of the borrower's retirement. 

Armenia expects for the   visit of US Forest Service team to restore  burnt forests.
 Wednesday, August 30 2017, 11:26

ArmInfo. Next week, a team of the US Forest Service for the restoration of burnt forests will visit the village, which will render appropriate assistance to the Ministry of  Nature Protection of Armenia and employees of the state reserve "Khosrov Forest".  This was announced by US Ambassador Richard Mills on August 29 during a meeting with the Minister of Nature Protection Artsvik Minasyan.  

Ardshinbank continues to support Luys Foundation with AMD 100 million
 Tuesday, August 29 2017, 17:12

ArmInfo. Ardshinbank has provided Luys Foundation with AMD 100 million to support the Armenian youth enrolled in world best universities.  It's the fifth time that  the Bank has been assisting the education foundation, and this year,  too, the financial resources provided by the Bank will be targeted  towards the development of the scholarship program.

ACBA-Credit Agricole Bank and regional administration of Shirak  signed a memorandum of cooperation
 Tuesday, August 29 2017, 17:07

ArmInfo.Head of the Shirak regional administration Artur Khachatryan and Chief Executive Officer of ACBA-Credit Agricole Bank Hakob Andresyan signed a memorandum on cooperation, in which the parties intend to unite their efforts for  SME development in Shirak district, improving the welfare of communities and stimulating tourism. This is stated in the official message of the Bank.

ACBA-Credit Agricloe Bank expands the theme and geography of business  seminars for SMEs - this time, the hotel business
 Friday, August 25 2017, 16:30

ArmInfo. ACBA-Credit Agricloe Bank continues to expand the subject and geography of business seminars for SME representatives.

Fitch retained Ameriabank`s rating at with a "Stable" forecast
 Wednesday, August 23 2017, 20:08

ArmInfo. Fitch retained Ameriabank's (B +) long-term foreign and local currency IDR at $ B +  with a Stable outlook, according to a Fitch Ratings press release dated August 23, 2017. This is a long-term in the foreign and local currency IDR, and a short-term foreign and local IDR National  currency is saved at level "B".

"Bright Armenia" sounds alarm: the assets of Vanadzor-Chemical Plant  CJSC are alienated.
 Tuesday, August 22 2017, 18:31

ArmInfo. The doom of the last surviving industrial giant in Armenia is Vanadzor-Chemical Plant CJSC is close. Competent state bodies are either not aware of what is happening, or consider the enterprise as a "bakery", the owner of which sells it in parts. This is stated in the statement of the  "Bright Armenia" Party, which arrived in ArmInfo.

VTB Bank (Armenia) launches loans secured by real estate on favorable  terms
 Monday, August 21 2017, 16:59

ArmInfo. VTB Bank (Armenia) proposes to issue a convenient and practical loan option - on the  security of available real estate in case of a significant amount of necessity. As the press service of the Bank told ArmInfo, these are AMD loans and they are issued to residents of the RA, whose age at the time of consideration of the application reached 23 years.

Converse Bank and Converse Transfer money transfer system have summed  up the stock
 Monday, August 14 2017, 15:18

ArmInfo.Converse Bank, together with  the instant money transfer system Converse Transfer, summed up the stock held for customers regularly receiving  remittances from abroad. As the press service of the Bank told  ArmInfo, according to the results of the draw among customers who  received transfers through the Converse Transfer system, one got a  ticket for two to the UAE, one became the owner of the iPhone7, and  11 more won cash prizes and gifts.

The Central Bank of Russia revoked the license of the commercial bank "Anelik RU" has nothing to do  with the activity of the Armenian Bank Anelik
 Wednesday, August 9 2017, 17:55

ArmInfo. Armenian Bank Anelik states that the Central Bank's opinion on August 9 this year. Licenses for the conduct of banking operations with the Russian bank CB Anelik RU is not related to the activities of the Armenian Anelik  Bank and does not affect its functioning.  As explained by ArmInfo in  the press service of Anelik Bank, ZAO "Anelik Bank" is working as  usual.

VTB Bank (Armenia) issues consumer loans based on accounts of  "Maternity Capital"
 Tuesday, August 8 2017, 14:05

ArmInfo. VTB Bank (Armenia) expands its line of loan products and presents a new offer on the banking market of the Republic of Armenia - consumer loans issued on  the basis of the customer's "Maternity Capital" accounts with VTB Bank (Armenia). The press service of the Bank informed ArmInfo about this.

Converse Bank started placement of its 1 billion AMD bonds
 Thursday, August 3 2017, 19:06

ArmInfo. Converse Bank has started placement of its AMD 1 billion bonds since August 3. As the press service of the Bank told ArmInfo, the minimum purchase package contains 15 bonds worth 1.5 million AMD. Underwriter of Converse  Bank's bonds is the company "Capital Investments", which in the  secondary market will act as a market-maker of this issue.

Arsdshinbank plans to refresh to 10 of its branches totally
 Tuesday, August 1 2017, 09:03

ArmInfo. Ardshinbank has one of the largest branch networks in RA banking system. At present, the Bank has 64 operating branches, out of which 19 in Yerevan, 42 in the  regions and 3 branches in NKR. The Bank highlights the role of the  regional offices and their uniform development, since the Bank's  policy aimed at upgrading regional branches is dictated, first of  all, by the interests of customers for whom Ardshinbank is trying to  create more comfortable and convenient banking service.

VTB Bank (Armenia) launches a unique loan program for small business  entities with unsecured loans up to 7 million AMD
 Friday, July 28 2017, 15:56

ArmInfo. VTB Bank (Armenia) launches unsecured loans program for small business representatives - legal entities and private entrepreneurs - up to 7 million AMD with  an interest rate of 13.9% without a thorough financial analysis of the client's activity.

Branch of Converse Bank "Metsamor" reopened after overhaul and  re-equipment
 Thursday, July 27 2017, 21:25

ArmInfo. Converse Bank METSAMOR Branch was reopened after renovation and refurnishing.  The customers of the branch can use comprehensive banking services, among which deposits, loans, currency exchange, local and cross-border transfers  and the like.  The branch also locates an ATM and a payment terminal.

VTB Bank (Armenia) launches loan product on deposit collateral
 Thursday, July 27 2017, 12:48

ArmInfo. Clients of VTB Bank (Armenia), opening a deposit account or having active deposits, can pledge a consumer loan or a credit line on the security of these funds.

 Thursday, July 20 2017, 19:30

ArmInfo.

The team of Converse Bank employees received an international award  from the European Bank "Trade Facilitation Program Academic  Excellence Award"
 Wednesday, July 19 2017, 19:52

ArmInfo.The team of Converse Bank employees showed high results in the EBRD program "Introduction to Trade Finance", was awarded the international award "Trade  Facilitation Program Academic Excellence Award" and received  individual international certificates for professional development.  The press service of the Bank informed ArmInfo about this.  

Corporate customers of VTB Bank (Armenia) will now be able to make  banking transactions through Easy Pay terminals
 Wednesday, July 19 2017, 13:07

ArmInfo.VTB Bank (Armenia) provides an opportunity for its clients - legal entities and private entrepreneurs - to use a simple, efficient and safe way to conduct  banking operations to replenish deposits, bank and card accounts, and  repay loans through terminals of Easy Pay payment network.

ACBA-Credit Agricole Bank connected to  Easy P y online payment  system 
 Friday, July 14 2017, 17:02

ArmInfo.ACBA-Credit Agricole Bank connected to Easy Pay' online payment system, through which terminals the bank's customers can now pay for services.




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