The first snail breeding farm was established in Armenia
The first snail breeding farm was established in Armenia
  • September 28, 2022

ArmInfo.Vahe, a director by profession, has founded a snail breeding farm in Byurakan for the snais imported from Europe. It is the first in Armenia; special conditions were created for the snails. Vahe discovered the sphere by accident, when he...

 USD 25 million to support the private sector
USD 25 million to support the private sector
  • September 26, 2022

ArmInfo.As a result of the cooperation between Acba bank and European Bank for Reconstruction and Development (EBRD) USD 25 million will be directed at the development of Armenia’s economy  through financing micro, small and medium...

AMD 4.676.836 to the “Rehabilitation City of Heroes” psychological center: the next beneficiary of “The Power of One Dram” is the 4090 Foundation
AMD 4.676.836 to the “Rehabilitation City of Heroes” psychological center: the next beneficiary of “The Power of One Dram” is the 4090 Foundation
  • September 8, 2022

ArmInfo.As part of the joint initiative of IDBank and Idram “The Power of One Dram”, the entire amount collected in August - AMD 4.676.836, was transferred to the “Rehabilitation City of Heroes” psychological center. At the...

IDBank issues the first premium class business cards in Armenia
IDBank issues the first premium class business cards in Armenia
  • September 7, 2022

ArmInfo.IDBank is the first in Armenia to issue Visa Platinum Business premium class cards intended for legal entities and individual entrepreneurs. Visa Platinum Business is the best combination of financial security, flexible transactions and...

Converse Bank has come up with a unique offer to encourage online shopping
Converse Bank has come up with a unique offer to encourage online shopping
  • September 6, 2022

ArmInfo.In order to encourage online and safe shopping, Converse Bank has announced a campaign for Visa Virtual cardholders with its digital, security 3D secure system. Users of the ‘Converse Mobile’ application who have or will order...

IDBank is the first in Armenia to present Visa Platinum Business card
IDBank is the first in Armenia to present Visa Platinum Business card
  • September 5, 2022

ArmInfo.On September 2, IDBank hosted the presentation of the Visa Platinum Business card. This type of card is presented in Armenia for the first time: it replaces payment cards for business, providing customers with many benefits. So, by...

AraratBank issues and underwrites USD 3,000,000 bonds
AraratBank issues and underwrites USD 3,000,000 bonds
  • September 5, 2022

ArmInfo.On September 08, 2022, ARARATBANK OJSC will issue the second USD-denominated tranche in 2022 on the following terms: Total volume of issue – USD 3,000,000 Number of bonds - 120,000 Nominal value – USD 25 Maturity - 27...

Ardshinbank named Retail Bank of the Year by the international magazine Asian Banking & Finance
Ardshinbank named Retail Bank of the Year by the international magazine Asian Banking & Finance
  • September 5, 2022

ArmInfo.According to the Asian Banking & Finance Wholesale and Retail Banking Awards 2022 annually held by Asian Banking & Finance, an international business publication, Ardshinbank was recognized as the Best Retail Bank of the Year in...

Converse Bank offers SME financing without financial analysis
Converse Bank offers SME financing without financial analysis
  • August 31, 2022

ArmInfo.Converse Bank has revised the terms of Converse Blitz loan and has set AMD 50 M or equivalent USD and EUR as the upper SME financing threshold.  The maximum loan maturity is 60 months. Small and medium businesses of various industries...

Ardshinbank supports development of Armenian jazz music
Ardshinbank supports development of Armenian jazz music
  • August 31, 2022

ArmInfo.Ardshinbank and the State Jazz Orchestra of Armenia have signed a cooperation agreement whereby the bank will provide financial support to the orchestra. According to Artak Ananyan, Chairman of the Board of Ardshinbank, supporting the art...

Idplus. New partner of Idram with new benefits for everyone
Idplus. New partner of Idram with new benefits for everyone
  • August 26, 2022

ArmInfo.Idram is joining to the newly created idplus digital loyalty system. Now paying with Idram is not only fast and convenient, but also more profitable: bonuses have now been added to the cashback received from partners for payments. From now...

Money transfers with Visa Direct via AraratMobile App
Money transfers with Visa Direct via AraratMobile App
  • August 24, 2022

ArmInfo.Visa Direct enables remitters to top up international Visa cards through “Visa international transfer” service of AraratMobile App.   "The service is available for AraratBank Visa cardholders and works only for...