ArmInfo.Anelik Bank launches an entirely new approach to corporate lending to the Armenian banking market, whereby potential borrowers can independently form interest rates on a competitive basis. First Deputy Chairman of the Board of  Anelik Bank Sergey Virabyan announced on July 12 at a press  conference, said.

ArmInfo. From now on, legal entities, private entrepreneurs - customers of VTB Bank (Armenia) will be able to conduct banking operations in the TelCell payment  network, which has more than 1500 terminals in Yerevan and regions of  Armenia.

ArmInfo. On July 10 in Yerevan, in the administrative district of Nor Nork, at the address Gay 17/1, a solemn ceremony of opening the branch of Anelik Bank Nor Nork was held, which previously operated in the same administrative district  at the address: Moldavian 27a.

ArmInfo.Ameriabank has received Euromoney Award for Excellence 2017 as the Best Bank in Armenia. This reputable title is awarded to Ameriabank for the fifth time. Euromoney Annual Awards for Excellence have been evaluating and acknowledging the best banks of the world for already 26 years.  The award was presented to Mr. Armen Aslanyan, Ameriabank’s authorized representative in UK, and Mr. Hovhannes Khachatryan, Head of Assets, Liabilities and Capital Management Division, during the award ceremony in London.

ArmInfo.Ardshinbank constantly expands the benefits of its payment cards, offering its customers a wide range of card products, features and preferences. An important component in the card business of the Bank are payroll cards, and the Bank links their development to the further success of modern and convenient card service for their holders.

ArmInfo.To activate the bond market of Armenia, a national scale of ratings is needed. Arshinbank Risk Management Director Artak Arzoyan expressed this opinion in an interview with ArmInfo, explaining that local investors and borrowers dominate the national financial market, and an internal credit rating is required for the issuance of debt securities of certain categories.

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ArmInfo. From now on, the clients of VTB Bank (Armenia) will be able to make loans for the purchase of cars from both the primary and secondary market, at a rate starting from 14%. At the same time, the Bank also provides a unique opportunity in the market - lending to already imported cars imported to the Republic of Armenia within 30 days before applying for a car loan.

ArmInfo. The international rating agency Moody's Investors Service has assigned to Bank Anelik a long-term rating of deposits in national and foreign currencies at  the level of "B2" with the forecast "Stable" (Baseline Credit  Assessment -BCA). The press service of the Bank informed ArmInfo  about this.

ArmInfo.Armenia's bond market is well organized, and the environment created by regulators helps attract investors. This opinion was voiced by the chief treasurer of  the Black Sea Trade and Development Bank (BSTDB) Christopher Best on  June 29 during a press conference timed to the placement of the first  AMD BSTDB bond issue, underwriters and market makers of which were  ARARATBANK and Future Capital Market".

ArmInfo.Within the framework of the launched campaign, Converse Bank offers to make "Summer" deposit at the Bank before September, for he minimum amount of AMD 100 thousand, with maturity of 12 months, and make use of the  opportunities provided by the campaign. The annual nominal interest  rate of the campaign is 10%, and in case of making it via Internet  Banking system - 10.5%. The interest amount for the whole maturity  period of the deposit is paid at the time of making the deposit. 

ArmInfo.The Eurasian Development Bank (EDB) proposed  Ardshinbank JSC  with  $ 20 million revolving credit facility for a period of 3 years. The corresponding agreement was signed on June 28, 2017 by Managing Director for Assets and  Liabilities of EDB Dmitry Ladikov-Roev and Chairman of the Board of Ardshinbank  JSC Mher Grigoryan.

ArmInfo.The authorities of Yerevan are designing a new overpass through the Hrazdan canyon. First Deputy Mayor of Yerevan Kamo Areyan stated this at the  parliamentary hearings.

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ArmInfo. State services in Armenia will be available also through "Araratbank". The corresponding draft decision was approved at a meeting of the Armenian government on June 23.

ArmInfo. Fitch Ratings assigned ACBA-Credit Agricole a "B +" rating with a "Long-term Issuer Default Rating" (IDR) rating. In the Fitch report, a solid core of internal  financial viability determines assigning this very rating level to the bank.

ArmInfo. "For the recent several years Armenia received a big number of refugees from Syria, Iraq, Iran, Ukraine, as well as from the countries of Africa. Only from  Syria 22.000 refugees came to Armenia, United Nations High Commissioner for Refugees Christoph Bierwirth stated during the press conference. 

ArmInfo. ACBA Credit-Agricole Bank presented at the third annual banking conference in the countries of the South Caucasus and Central Asia - Caucasus SME  Banking Club Conference-2017 in Tbilisi launched in 2013 non-financial banking products.  In particular, holding free business seminars for SMEs, and providing the best experience gained during this period. This is stated in the official message of the Bank.

ArmInfo.Bank Anelik restarted Careful pension card product in an expanded format, Nerses Karamanukyan, chairman of Anelik Bank Management stated during the  press conference on June 19. 

ArmInfo. In 2017, 52 people applied for accommodation  in Armenia - mostly residents of Syria, Iraq and Ukraine, mostly Armenians, but there are Arabs, Russians, Ukrainians, Petros Aghababyan,  the head of the migration department of the State  Migration Service in cases of granting accommodation  to refugees stated during the press conference.