The new longer dated 5-year funding provides Ardshinbank with an important competitive advantage as it will allow the bank to offer longer-dated loan products in Armenia and take advantage of local growth opportunities.
On 17th June, 2015 Fitch rating agency assigned «Ardshinbank» CJSC a B+ Long Term Issuer Dafault Rating with Negative Outlook.
ARDSHINBANK published its financial results for the first quarter of 2015, continuing to demonstrate a sustainable growth.
Today marks the 100 year anniversary of Armenian Genocide! I am proud to now say I have been to Armenia. I have seen the memorials and the people who survived and I am so proud of how strong the Armenian people are! I am saddened that still 100 years later not everyone has recognized that 1.5 million people were murdered. B
Ardshinbank and the OPEC Fund for International Development (OFID) signed a US$10 million loan agreement on March 31, 2015 in Vienna. The agreement was signed by Mr. Suleiman Jasir Al-Herbish, the Director-General of the OPEC Fund for International Development and Mr. Mher Grigoryan, the Chairman of the Management Board of Ardshinbank.
Three young Armenian entrepreneurs rented a cart last month at the Americana — a large shopping-restaurant-theater complex in Glendale — to sell T-shirts, hats, and other clothing items advertised on their shop1915.com website.
More than a quarter century has passed since the earthquake in Armenia’s Gyumri. On December 7, Gyumri marked the 26th anniversary of the earthquake – 26 years of pain, hunger, homelessness, emigration, suffering and the hope that one day their children will have a home and emerge from homelessness and poverty.
Of great importance, the Additional Protocol to the Convention on Cybercrime, criminalizing the act of xenophobia and racism practiced by the means of computer systems, was opened to signatures in Strasburg, on January 28, 2003. This protocol is of great significance to the world, and considering our own interest, to the Americas, to the New World.
The company will also pay approximately US$ 1m a year to local government budget in the form of land payments. However, the impact of the project on the economy will be significant also in terms of employment in the region, and the multiplier effect an operation like Amulsar will have on local businesses.
Since Armenia’s decision, just over a year ago, not to proceed with its Association Agreement including a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, but to join the Russian-led Customs Union instead, highlighting relations with NATO has become more important as Yerevan does not want to seen a fully under the control of Russian President, Vladimir Putin.
