Converse Bank has revised the terms of loans refinanced by the National Mortgage Company, reducing the lending rate by 0.5% for some groups.
The XVII Bond Congress of the CIS and the Baltic States Cbonds Awards CIS – 2021 took place in St Petersburg, where the cross-listing of bonds of Unibank OJSC was recognized as the best deal in Armenia. Unibank’s dollar bonds passed a secondary listing on the Moscow Exchange in 2020. The cross-listing procedure was carried out with the participation and assistance of the Armenia Securities Exchange (AMX) and the Moscow Exchange (MOEX).
According to the data of the second quarter of year 2021, Ameriabank is the largest taxpayer among Armenian banks. It paid taxes to the state budget for the total amount of AMD 5.74 bln (as of June 30, 2021). As compared to the same period of the previous year, this indicator has grown by 83.5%.
Unibank is expanding cooperation with KfW bank and starts realizing a new credit program for business. Two products have been developed within its framework- “Unsecured MSME” and “MSME” loans, which will allow the small, medium and micro-enterprises to receive funds for capital investments and current expenses.
91 students of Yerevan Special Educational Complex for Children with Hearing Disorders will have state-of-the-art hearing aids of Danish company Oticon, which will allow them to receive acoustic signals within 360 degrees in diameter, separate the noise and clearly receive the sound.
Converse Bank, together with its partners, is launching a traditional campaign on the eve of the International Children’s Day.
Second part of the interview with Philip Lynch, Independent Board Member at Ameriabank.
The street in the city of Masis named after the well-known benefactor and businessman, Hrant Vardanyan, the construction works of which started in February of 2020, was completely renovated at the expense of Mikayel and Karen Vardanyans. The street, at 3,2 km length, was completely demolished and rebuilt again. All water pipes passing under the street have been replaced. A new drainage network has been built.
Philip Lynch, Ameriabank’s Independent Board Member, has been in finance for over 30 years. His estimations and analysis of the Armenian economy are very interesting.
Following the results of 2020, Unibank became the leader in the number of provided POS loans. The bank’s share is nearly 20% of the total volume of the POS loan market.
