ArmInfo.On April 17, Converse Bank began the initial placement of dram and dollar bonds in the amount of 5 billion drams and $10 million in 2024. This is noted in the Bank's statement.
ArmInfo. On April 15, Matenadaran and Araratbank will sign a memorandum of cooperation. On the same day, a donation agreement will be concluded, within the framework of which, with the sponsorship of Araratbank, a laboratory for biological research of manuscripts will be modernized and equipped, the 13th annual international seminar "Faces of Memory. The latest technologies for the preservation and restoration of handwritten and printed heritage" initiated by Matenadaran will be organized and held, reads a statement by Araratbank.
ArmInfo.Ameriabank maintains leadership in the banking system of Armenia in terms of the volume of mortgage loans with a market share of 21.3% at the end of 2023. This is noted in the bank's message.
ArmInfo.Converse Bank has been awarded with the “Best Trade Finance Provider in Armenia” for 2024 award by the prestigious Global Finance magazine.
ArmInfo. Moody's Investors Service ("Moody's") upgraded Ameriabank’s Baseline Credit Assessment (BCA) to ba3 from b1 and affirmed the bank’s long-term deposit ratings at Ba3. The rating agency also changed the outlook on the Ba3 long-term deposit ratings to stable from negative.
ArmInfo.Moody's upgraded Converse bank's BCA to b1 from b2 and affirmed the bank's long-term deposit ratings at B1. The rating agency also changed the outlook on the B1 long-term deposit ratings to stable from negative. This is stated in the message of Converse Bank,
ArmInfo. On June 28, ARARATBANK OJSC started payment of dividends to shareholders, directing AMD 5 billion ($12.7 million) from the net profit of AMD 13.2 billion ($33.5 million) received for 2022. The remaining AMD 8.2 billion ($20.8 million) remain at the disposal of the Bank and will be directed to its development. This decision was made at the General Annual Meeting of ARARATBANK Shareholders held on June 27.
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