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Economy
12:56 03/11/2021Vincent Lehner: I think it’s a good moment to invest in ArmeniaAmeriabank hosted Vincent Lehner, Head of Markets at Symbiotics, during his first post-Covid business trip.
15:03 02/11/2021Central Bank of Armenia leaves refinancing rate unchangedAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at 7.25%, the bank’s press service reported.
18:36 01/11/2021A success story – smart barnA few years ago, a smart barn was established in Ararat region with the support of Converse Bank. As the owners were not thoroughly familiar with this method of cattle breeding, they decided to start...
16:13 01/11/2021Ameriabank has raised $17.5M Tier 2 capitalAmeriabank has signed long-term subordinated loan agreements with total volume of USD 17.5M during recent months, with an option to increase by USD 15M if required.
19:06 29/10/2021Microsoft overtakes Apple as world’s most valuable companyApple Inc lost its crown as the world's most valuable public company to Microsoft Corp on Friday, as the iPhone maker's shares continued their downward slide, Reuters reported.
17:50 28/10/2021Converse Bank: Energy efficient building materials – what you need to know?Converse Bank is one of the leaders in Armenia with its mortgage lending, including energy efficient lending portfolio, offering long-term financing at competitive interest rates.
16:23 28/10/2021Demand for Armenian dried apricots in UK grows strongly in 2021The first half of 2021 saw a 77% increase in the customs value of dried vegetables and fruits export from Armenia against the same period in 2020.
18:23 26/10/2021Ameriabank and HSBC Armenia to provide their customers access to each other’s ATMs without additional feesA new offer for cardholders from Ameriabank CJSC (Ameriabank) and HSBC Bank Armenia CJSC (HSBC Armenia).
17:58 26/10/2021Converse Bank paid coupons for AMD and USD bondConverse Bank has made two coupon payments. On October 15, the coupon of AMD bonds (AMCOVSB28ER6) was redeemed in the amount of 49 million AMD and the coupon of the bonds in USD (AMCOVSB29ER4) was...
17:36 25/10/2021Converse Bank: A success story - Under one roofIn 2018, A1 Group established a Business Center in Shengavit, joining under one roof companies operating in IT, marketing, accounting and other spheres, Converse Bank reported.
18:30 22/10/2021Ameriabank: 62.5% growth in taxes YOYAccording to Q3 2021 data, Ameriabank is the largest taxpayer among Armenian banks. Overall, the Bank paid AMD 7.13 billion in taxes (as of September 30, 2021), up by 62.5% Y-o-Y. According to the...
13:45 22/10/2021Turkey placed on FATF 'grey list' for failing to combat money laundering and terrorism financingTurkey was placed on the Financial Action Task Force (FATF) “grey list” on Thursday for failing to combat money laundering and terrorism financing, reported the Armenian National Committee of America...
16:43 20/10/2021167 precious metal deposits located in Armenian territories are occupied by AzerbaijanAs a result of the third Karabakh war Azerbaijan got control of 167 precious metal deposits located on Armenian territories, The number has been announced by Azerbaijani Minister of Emergency...
11:11 20/10/2021U.S. Senate Appropriations Committee recommends $2 million in aid to ArtsakhThe United States Senate Committee on Appropriations on Monday released its Fiscal Year 2022 Appropriations Bills, which includes a recommendation of $2 million in aid to Artsakh, reported the...
19:32 19/10/2021Deputy PM: Armenia, Russia agreed on natural gas priceArmenia and Russia came to terms in respect of the price for gas supplied to Armenia, Deputy Prime Minister of Armenia Mher Grigoryan told reporters on Tuesday, according to TASS.
12:58 15/10/2021Apple may cut iPhone 13 production by millionsApple may slash the number of iPhone 13s it will make this year by up to 10m because of a shortage of computer chips amid a worldwide supply chain crunch that led the White House to warn that “there...
18:58 14/10/2021Boeing deals with new defect on its 787 DreamlinerBoeing Co. is dealing with a new defect on its 787 Dreamliner, the latest in a series of production slip-ups that have delayed aircraft deliveries and drawn increased U.S. government scrutiny, The...
11:36 13/10/2021Apple likely to cut iPhone 13 production targets due to chip crunchApple Inc. is likely to slash its projected iPhone 13 production targets for 2021 by as many as 10 million units as prolonged chip shortages hit its flagship product, Bloomberg reports, citing people...
10:32 13/10/2021Armenia's Central Bank issues collector coin dedicated to Alexander Spendiaryan’s 150th birth anniversaryThe Central Bank of Armenia put into circulation the silver collector coin dedicated to the 150th anniversary of Alexander Spendiaryan’s birth on Wednesday, October 13, the CBA said in a statement.
18:01 12/10/2021Global Finance names Ameriabank the Safest Bank in ArmeniaGlobal Finance names Ameriabank as the Safest Bank in Armenia for 2021 in its 30th annual ranking of the World’s Safest Banks, which honors institutions that stand out for strength and resilience,...