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Converse Bank bonds were bought in primary market within days

 Friday, April 26 2024 16:48
Converse Bank bonds were bought in primary market within days

ArmInfo.Within days, Converse Bank's dram coupon bonds were bought in the primary market in the  amount of 5 billion drams. It is noteworthy that this tranche was put up for sale together with the dollar bonds on April 17, and within a week the dram bonds were fully distributed. This is noted in a message from Converse Bank.

Success story- Outdoor training workouts: emerging new culture
 Wednesday, July 7 2021 17:42

ArmInfo.Every week, the Armenian Federation of Street Workout organizes outdoor workouts for residents of communities where professional workout areas exist. According to Arthur Harutyunyan, Head of the Federation, the goal is to popularize healthy lifestyle and form a new culture.

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AraratBank and FMO unlock funding for underserved entrepreneurs
 Tuesday, July 6 2021 17:31

ArmInfo.FMO and AraratBank today announce the signing of a USD 10mln NASIRA loan portfolio guarantee. This innovative risk sharing program will make it easier for AraratBank to provide funding to youth, migrant, women and COVID-19 affected entrepreneurs, as losses on the loan portfolio will be carried by both parties. 

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Become a Converse Bank Visa Cardholder on preferential terms
 Friday, July 2 2021 17:17

ArmInfo.Converse Bank offers to become the Bank's Visa Classic, Visa Gold, Visa Business and Visa Platinum cardholder by July 31 and use the reduced 50% annual service fee for the entire term of the card. At the customer's request, the family member will also be provided with a card attached to Visa Classic, Visa Gold or Visa Platinum free of charge, depending on the type of the customer's main card.

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IDBank’s new offer for business
 Thursday, July 1 2021 16:00

ArmInfo.IDBank offers business loans in AMD with profitable conditions in the frames of cooperation with the EIB - European Investment Bank.

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Global Climate Partnership Fund extends US $20 million loan to Ardshinbank to develop green energy
 Wednesday, June 30 2021 18:02

ArmInfo.Ardshinbank has attracted $20 million in loans from The Global Climate Partnership Fund (GCPF).  The funds raised will be used to increase credit investments in energy efficiency and renewable energy projects, mostly for solar panels financing. The sub-loans can be typically addressed to households, SMEs, large corporations as well as municipal entities.

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Ardshinbank and Visa International payment system extend the card-to-card money transfer campaign and increase cashback by 10 times
 Wednesday, June 30 2021 12:15

ArmInfo.Ardshinbank and Visa international payment system extend the card-to-card money transfers campaign for a month. In addition, they have improved the conditions offered to the winners.

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A guest house in Gyumri filled with humor. One success story
 Monday, June 28 2021 19:20

ArmInfo.The hospitality and sense of humor of Gyumri residents are undeniable. And in many cases, these two characteristics become the basis for business in Gyumri and serve as a key to success

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Ameriabank opened its new branch Mashtots in center of Yerevan
 Friday, June 25 2021 21:53

ArmInfo.Ameriabank has opened its new branch Mashtots in the center of Yerevan, in Passage N1 (20/4 Mashtots Ave.), which is the Bank's largest branch operating on non-standard schedule. The press service of the bank informed ArmInfo  about this, noting that the branch will be open every day, Monday to  Sunday, from 10:30 a.m. till 09:15 p.m.

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AraratBank wraps up the 2020 annual indicators
 Friday, June 25 2021 10:46

ArmInfo.ARARATBANK OJSC wraps up the 2020 fiscal year with the profit of 1,3 billion Armenian drams, which is a sufficient result in the conditions of the crisis driven by the COVID-19 pandemic and the war.

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Head of ACBA Bank Hakob Andreasyan was awarded the French National  Order of Merit
 Thursday, June 24 2021 16:12

ArmInfo. Chief Executive Officer  of ACBA-CREDIT AGRICOLE BANK Hakob Andreasyan was awarded the French National Order of Merit. On behalf of the President of France, the award was presented to the head of the Bank by the  Ambassador Extraordinary and Plenipotentiary of France to Armenia  Jonathan Lacote.

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New composition of Board of VTB Bank (Armenia) approved
 Wednesday, June 23 2021 21:39

ArmInfo. At its annual meeting of shareholders VTB Bank (PJSC) approved the new composition of the Management Board of its Armenian subsidiary VTB Bank (Armenia) .  ArmInfo was informed about this in the press service of the bank. The  corresponding decision of the sole shareholder N1 /2021 dated April  30, 2021 was published on the official website of VTB Bank (Armenia).

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Converse4Women - comprehensive support for Converse Bank female borrowers
 Monday, June 14 2021 20:26

ArmInfo.Converse Bank, under a loan agreement with the European Bank for Reconstruction and Development, has attracted another tranche of $ 1 million in loans under the Converse4Women package.

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S&P revised the outlook on Ameriabank to ``Stable`` 
 Thursday, June 10 2021 19:53

ArmInfo. S&P Global Ratings revised the outlook on Ameriabank to stable from negative and affirmed 'B+/B' long- and short-term issuer credit rating on the  bank.  B+' long-term rating on Ameriabank is one notch lower than its  stand-alone credit profile (SACP) rated "bb-", due to the sovereign's  creditworthiness constraint, the press service of Ameriabank told  ArmInfo. 

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``I believe that OeEB and Ameriabank have a great strategic fit’’.
 Wednesday, June 9 2021 17:19

ArmInfo.Mr. Clemens Stadler, Managing Director, Head of Investment Finance at OeEB, speaks about the issues faced in the year 2020, factors contributing to OeEB’s success, the main focus areas of OeEB, partnership with Ameriabank and joint projects.

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AraratBank raises USD 14.5 m arranged by Symbiotics
 Tuesday, June 8 2021 16:58

ArmInfo. Symbiotics arranges a Sustainability Bond in Armenia with AraratBank for USD 14.5 million․ Symbiotics, the leading market access platform for impact investing, has arranged a USD 14.5 million Sustainability Bond for AraratBank.

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Ameriabank ready for initial public offering of shares - Managing Director, Financial Institutions for EBRD
 Friday, June 4 2021 14:22

ArmInfo.Mr. Francis Malige, Managing Director, Financial Institutions for the EBRD, speaks on how challenging the 2020 was for EBRD, the global economy recovery after the crisis, likelihood of new projects and opportunities, current state of the banking system in Armenia and fruitful cooperation with Ameriabank.

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Ardshinbank invited children to the cinema on International Children’s Day
 Thursday, June 3 2021 13:07

ArmInfo.On June 1 - International Children’s Day - Ardshinbank made a gift to the children of its employees by inviting them to watch “Olimpicos” the new animated movie at the Moscow cinema.

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Ameriabank Announces a Contest for Bank Card Design
 Thursday, June 3 2021 11:36

ArmInfo.Ameriabank announces a contest for the best design of bank cards, open to anyone – individuals and companies.

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On June 1, events were held with the financing of IDBank
 Wednesday, June 2 2021 16:24

ArmInfo.On June 1, IDBank presented a holiday to children of the border villages of Artsakh. A visit to Stepanakert was organized for 220 children from the villages of Karmir Shuka, Karmir gyugh, Sarushen, Kherkhan, Karahunj, where the children watched a children's play at the Vahram Papazyan State drama theater. Then the children were presented with gifts.

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BSTDB Provides EUR 23 million Loan to Ameriabank to Boost SME Financing in Armenia
 Wednesday, June 2 2021 14:02

ArmInfo.02 June 2021– The Black Sea Trade and Development Bank (BSTDB)  is providing a five-year EUR 23 million loan to Ameriabank to expand access to finance for Armenian small and medium-sized enterprises  (SMEs). 

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