Armenian banks on Friday said they would stop processing transactions made by Russian Mir payment cards due to Western sanctions imposed on Moscow for its invasion of Ukraine. In September 2022 ...

It was earlier reported that Armenian, Kazakh and Hong Kong banks had begun blocking payments for servers, chips, processors and other electronics for Russian businesses YEREVAN, June 7.

Through this new partnership, IFC will share the credit return risk for loans provided by Acba bank, covering up to 50% of ...

For over 30 years, the World Bank Group has been a key partner for Armenia, helping investment across the country’s economy and advancing policy reform.

Byblos Bank Armenia is reinforcing its commitment to high standards of customer service by partnering with the innovative ...

A senior executive of a Canadian-based company said on Friday that it is close to securing $150 million in additional funding ...

TASS/. Armenian banks stopped accepting Mir cards in April not because of Yerevan’s policy, but because of unprecedented US pressure, Russian presidential spokesman Dmitry Peskov said at a briefing.

Ameriabank demonstrated impressive growth in its real estate business during the review period. Its gross mortgage loan portfolio increased 25.3% to Dram233.2 billion (US$600 million), capturing a ...