The press conference of AGBU Armenia and Fruitful Armenia on launching the Women Entrepreneurs Program in Artsakh took place on June 4, 2019.
Converse Bank summed up the results of Lori colors contest announced in connection with Hovhannes Tumanyan’s 150th anniversary. About 250 children under the age of 12 participated in the contest.
Converse Bank offers the “Bridge” product, allowing SMEs operating in different spheres to receive up to 12 months lending for replenishment or short-term liquidity financing. Lending is provided in three currencies – AMD, USD and EURO.
While the political authorities fail to ensure progress in the country, Nikol Pashinyan is now targeting the judiciary in order to distract the public’s attention from the accumulating social and economic problems.
The State Revenue Committee of Armenia has finally released the list of large taxpayers of the first quarter of this year. The fees of the organizations in the list have risen, but there are still oddities in terms of tax revenues.
Ardshinbank has launched savings account, allowing customers to put money into an interest-bearing account. Savings account can be opened in Armenian drams, interests are paid in case of minimum AMD 50,000 deposit. Interest rates on savings accounts, which are paid on a monthly basis, currently stand at 6 – 9,5% AIR, depending on the deposit term. The longer the deposit term and the higher the deposit amount, the higher the interest rate.
Converse Bank joined the Armenian General Benevolent Union (AGBU) “Women Entrepreneurs” program. This was announced at the fair organized under the jubilee events dedicated to the 113th anniversary of AGBU foundation.
Ardshinbank was recognized as the Most Active Issuing Bank in Armenia in 2018 within the framework of the International Investment Bank (IIB) Trade Finance Support Programme, held at the 38th BACEE Conference, on May 6-7, 2019 in Budapest, Hungary. This year’s conference was focused on the issues of bank guarantees.
Converse Bank has been awarded with the “Deal of the Year 2018 – Green Trade” award from the Trade Facilitation Programme (TFP) of the European Bank for Reconstruction and Development (the EBRD) for improving the energy efficiency of greenhouse infrastructure in Armenia. The award ceremony took place within the frames of the EBRD Annual Meeting and Business Forum in Sarajevo on May 07, 2019.
Economic monopolies in Armenia are eliminated, Prime Minister Nikol Pashinyan told a press conference today on his 1st year in office.
