Yerevan, 23.November.2024,
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Economics
AraratBank Named Best Investor Relations Bank Armenia 2024
AraratBank has been awarded the Best Investor Relations Bank Armenia 2024 in the Global Banking & Finance Review awards 2024. This recognition highlights the Bank's commitment to transparent and effective cooperation with investors, as well as its adherence to high standards of corporate governance in line with international best practices. The Global Banking and Finance Review awards are presented to organizations t...
Around 100,000 households are making use of Team's Internet; 2nd quarter indicat...
Adhering to the policy of transparency and accountability, it has adopted, "Telecom Armenia" OJSC (trademark: Team Telecom Armenia) presents the technical, economic and financial indicators of mobile and fixed communication for the 2nd quarter of 2024. The company records significant growth in the number of subscribers and income. Mobile communication In the 2nd quarter of 2024, the company generated a revenue of 4.89 b...
EIB Global signs first direct loan agreement with an Armenian commercial bank
Loan of €55 million for Acba bank to support local private sector. More than 200 small companies and 6,000 jobs to benefit from operation. Credit channelled through EIB’s Armenia MSME Resilience Facility for underserved businesses. The European Investment Bank’s global arm, EIB Global, is lending Armenia-based Acba bank €55 million to expand financing for micro, small and medium-sized enterpri...
"Past" (Fact in Armenian) Armenians bought real estate in Dubai worth about $60 ...
Who are the buyers? The Past (Fact in Armenian) newspaper writes: "We understand that approximately $60 million worth of real estate was sold in Dubai during the last Dubai Investment Forum held in Armenia. 1, 2, and 3-bedroom apartments were sold. The renowned real estate company Elit Stroy Property, with eight years of expertise and extensive operations in Kazakhstan, Ukraine, Thailand, and the United Arab Emirates, org...
AraratBank named the Best CSR Bank in Armenia 2023
AraratBank has been awarded the Best CSR Bank Armenia 2023 in the Global Banking & Finance Review awards 2023. This reputable award underscores the Bank's responsibility and commitment to the values of corporate social responsibility. The Bank has been recognized for its social initiatives, key areas of social change and achievements in this regard. "This award is about the ceaseless efforts of Ararat...
Ucom’s fixed network is already available in Sevan
The fastest home internet from Ucom is now a reality in Sevan. Ucom is dedicated to delivering quality communication services and has made significant investments to ensure the availability of the fixed network in the city of Sevan. “The city of Sevan is the latest location where we’ve introduced a fixed connection, and for this expansion, we meticulously considered all the details. Ensuring the satisfactio...
Unibank has become the main sponsor of the Wrestling Federation of Armenia
“Unibank” OJSC has become the main sponsor of the Wrestling Federation of Armenia. Mesrop Hakobyan, CEO of Unibank, and Robert Khachatryan, the Chairman of the Wrestling Federation of Armenia, signed a cooperation contract.   "Wrestling is one of the most popular sports in Armenia. Our wrestlers always win top places and get medals. We highly appreciate the achievements of the Wrestling Federation of Ar...
DBank issues the 3th tranche of dollar bonds of 2023
On November 20, 2023, IDBank placed registered coupon bonds under the abbreviation AMANLBB2NER4 through a public offering on the following terms: Total volume - 5 million dollars Annual interest rate - 4.25% Bond maturity - 27 months Bonds will be paid quarterly Maturity date - February 20, 2026. The bonds will be placed from November 20, 2023 to January 19, 2024 inclusive. After the placement, the bonds will b...
Ameriabank Named the Best Bank for Digital Solutions in Armenia for 2023
Ameriabank has been recognized as the Best Bank for Digital Solutions in Armenia for the year 2023, as announced by Euromoney magazine in its Awards for Excellence. The magazine emphasizes Ameriabank's commitment to digital innovation and transformative technology, which has surpassed that of its peers over the past 12 months. According to the magazine, Ameriabank’s impressive digital metrics include a remarkable&n...
AMD 3,500,572 to the “SOS Children’s Villages” Armenian Charity Foundation
Within the framework of "The Power of one dram" initiative, AMD 3,500,572 were donated to the "SOS-Children's Villages" Armenian charity foundation in August. This means that during the month of August, 3,500,572 payments were made with the Idram&IDBank application, the IDBanking.am and Idram.am websites, and the terminals of the two companies. Idram and IDBank also announced the name of the next month's be...
3 educational centrs in Goris alredy benefit from Ucom's high-speed internet
Thanks to the diligent efforts led by Ralph Yirikian, the Director General of Ucom, students and pupils from three educational centers in Goris - namely, High School No. 4, A. Bakunts High School No. 1, and "Goris State College" SNPO - will now have access to the fastest internet in Armenia, completely free of charge. Ucom’s committed technical team has successfully enabled access to fixed internet in these educatio...
Ensure your safety and the safety of your colleagues, it is the duty of everyone...
Dear Colleagues, Today we celebrate International Day of Occupational Health and Safety. On this important occasion I want to remind you that the health and safety of our employees and communities is our top priority.   This is the professional holiday not only for our colleagues from the H&S department, it is an occasion to once again convey a message to everyone in our team: we need to make sure th...
AraratBank has been awarded the title of Valued Partner of EBRD
AraratBank has been awarded the title of Valued Partner of EBRD by the European Bank for Reconstruction and Development for lasting and effective cooperation between EBRD and AraratBank. As informed by the bank, the effective and long-term cooperation between the European Bank for Reconstruction and Development and AraratBank started as early as 2007. Around two years under this cooperation were invested in implemen...
Memorandum of Cooperation between Zangezur Copper-Molybdenum Combine and Kapan M...
On April 6, a memorandum of cooperation was signed for the first time between the Kapan Municipality and "Zangezur Copper-Molybdenum Combine" CJSC (ZCMC). The document is a 5-year commitment, where the action plan is outlined according to the years. The parties will cooperate in economic, social, urban development, educational, cultural, sports and other fields.   The Memorandum was signed by Roman Khudoli, G...
The Shortest Path to Your New Home. IDBank at Toon Expo 2023
A large exhibition is held in the Sports Concert Complex named after Karen Demirchyan from March 31 to April 2, where major construction companies, real estate agencies, banks, design and repair companies, specialized design companies and not only. IDBank is again participating in the Toon Expo 2023 exhibition, this time under the slogan "The shortest path to your new home".IDBank is presented at the exhibition with a sep...
AraratBank named Partner of the Year 2022
Ria Money Transfer once again named AraratBank Partner of the Year 2022. The award has been granted based on the volume and number of transactions, quality of service, compliance with MLTF requirements, and efficiency of joint campaigns.  "In the face of global challenges, it is extremely difficult to retain the volume of transactions and even harder to ensure its quantitative growth, but strange as it may see...
AraratBank joins the United Nations Women's Empowerment Principles Initiative
AraratBank joined the United Nations WEPs initiative back in September 2022, being the first among Armenian commercial banks that year. The WEPs initiative aims to promote the empowerment of women in the community, business, and the workplace by implementing seven key principles, namely, establishing high-level corporate leadership for gender equality, treating all women and men fairly at work – providing respect a...
Changes have been applied to the monthly fees of the LEVEL UP prepaid tariff pla...
From March 2, 2023, all new and existing subscribers of Level Up prepaid tariff plans of  Ucom’s mobile services will benefit from the latter with a changed monthly fee, preserving the access to the full scope of inclusions. The change is applied due to the need of network’s continuous modernization and maintaining the high quality of the services provided. In particular, the subscribers of Level Up 1700...
Ameriabank has provided business loans totaling over AMD 14 billion to the renew...
In the past two years, Ameriabank has loaned over AMD 14 billion to the renewable energy sector. During this time, 123 power plants that use renewable energy sources and meet the green loan criteria have received financing. These projects generate an estimated 300 million kW/h of electricity annually, leading to a reduction of 120,000 tons of carbon dioxide emissions. The investments made by the Bank in the renewable ene...
Converse Bank receives its second award this year
Converse Bank’s activities once again have been highly appraised by our international partner. Based on our activities in 2022, the Bank was awarded Visa’s ‘Visa Direct’ award for increased number of ‘card to card’ transactions via visa card and the speed, frequency and quality of our services. Visa Direct allows you to make secure transactions in real time, both in Armenia and abroad....
Ameriabank named the Bank of the Year 2022 in Armenia by The Banker Magazine
Ameriabank has been named the Bank of the Year 2022 in Armenia by The Banker Magazine, a leading global finance news publication affiliated with the Financial Times (FT).   Winners of the Bank of the Year Awards were announced at the 2022 Banker Awards ceremony held on December 1 in London. The prestigious award recognizes the financial performance, and innovative banking solutions of financial institutions in more t...
Converse Bank announces the launch of the new coupon bonds placement
Converse Bank will launch the next round of coupon bonds placement totaling 3 billion AMD and 10 million USD on 22nd November 2022. The coupon yield of the bond is 10.5% and 3.75% respectively with semi-annual coupon payment frequency. The bonds will be available to purchase both, at our branches and via our mobile application, where the user is able to go through the entire bond purchase process in a matter of minutes....
UCOM OFFERS BUYING A PRO QUALITY SMARTPHONE AT 3800 AMD/MONTH AND GET HIGH QUALI...
Ahead of the New Year, until January 31, 2023 Ucom offers buying a powerful Xiaomi Redmi Note 11 Pro smartphone on unheard terms: at just 3800 AMD per month, while getting  super high-quality Xiaomi Buds 3 Lite wireless earbuds. Xiaomi Redmi Note 11 Pro features great 108 MP flagship main camera, a high-quality AMOLED 120 Hz display gives a refresh rate. The smartphone is a powerhouse combo with fast charg...
Ucom has introduced future network Wi-Fi 6E routers
During the press conference held on November 11, 2022 Ara Khachatryan, Director General at Ucom, presented the Wi-Fi 6E routers to be exploited in the future network. Last year, during the launch of Unity tariff packages, the Company announced that for the first time that Ucom’s subscribers have the opportunity to benefit from a new generation Super Wi-Fi 6 device throughout Armenia, where Ucom's fixed network ...
AMD 4,827,643 to the Homeland Defender’s rehabilitation center: The November ben...
A few days ago, Idram and IDBank summed up the October program of the "The Power of One Dram" initiative. The amount collected, AMD 4,827,643, was transferred to the Homeland Defender’s rehabilitation center. This was the second cooperation of the Homeland Defender’s rehabilitation center with Idram and IDBank. This time, the donated money will be directed to the programs implemented for disabled soldier...
I will help you to get acquainted with the world of finance. Idram Junior, a rev...
At Mom&Kid expo 2022, Idram introduced its revolutionary new app for young users, Idram Junior. Idram Junior introduces your child to finance. According to Tatevik Vardevanyan, head of the public relations unit at Idram, financial literacy should be taught from a young age. “The world, including Armenia, is moving towards cashless transactions and it is very important to trust children with finances ...
Subscribers of UCOM’S all time best offer to enjoy additional benefits
Until January 12, 2023 inclusive subscribers of Ucom’s convergent Unity tariff plans will not only benefit from a lot of internet, minutes, access to TV channels, but also additional privileges when purchasing device from Ucom. The special offer is applicable upon purchasing the devices from both Ucom sales and service centers and via online shop at https://shop.ucom.am/am/. When making an online purchase, the...
Zangezur Copper and Molybdenum Combine operates uninterruptedly
The Zangezur Copper and Molybdenum Combine said in a statement that despite the situation they continued working normally during the week and continue doing so by maintaining safety precautions. All plants of the company continue working uninterruptedly. An emergency situation headquarters is functioning in the company. “All internal structures of the ZCMC are ready to take rapid and effective measures in accordan...
IDBank issues the first premium class business cards in Armenia
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 attractive privileges․ Now we will tell you why. Flexible payments   With the Visa Platinum Business card, you can pay for all the expenses of your company, for example, ...
Converse Bank has come up with a unique offer to encourage online shopping
n 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 Visa Virtual card through the application and will make non-cash transactions of 15,000 AMD or more between 5th September and 5th October can participate in the promotion. Cards are FREE i...
Timeline
How Not to Go Bankrupt on Black Friday: 5 Smart Shopping Tips IDBank warmly hosted children from the "Music for Future" Foundation. Ucom’s 5G network launched in 11 new cities UPay has joined Idram's Open QR infrastructure A Free Mastercard and 10% idcoins with Cashless Payments. IDBank The Results of the 19th Annual International Microelectronics Olympiad Summarized in Yerevan AraratBank Named Best Investor Relations Bank Armenia 2024 General Director of Ucom participated in Silicon Mountains technological summit Saving together: IDBank and Idram ARARATBANK AND SINGAPORE GFTN SIGN MEMORANDUM OF UNDERSTANDING FOR DIGITAL TRANSFORMATION Andron Participates in the Tomorrow Mobility World Congress 2024: Driving Innovation in E-Mobility Acba bank and American Express Expand Collaboration in Armenia The Silicon Mountains technology summit to be held with the support of Ucom Evocabank became the first bank to join Idram’s open QR infrastructure 25% Off on RIA Money Transfers to Ukraine at AraratBank Yerevan to Host Unprecedented Serbian-Armenian Music Concert AraratBank Stands with My Forest Armenia to establish Charles Aznavour Forest Ucom and Sunchild NGO install another solar plant in Areni 4,401,021 AMD to COAF. The November beneficiary is “Armenia Tree Project” Go Digital or Go Home: Sergey Arakelyan
Press
Video
Evocabank became the first bank to join Idram’s open QR infrastructure
Junius: A Financial Literacy Game in the Idram Junior App
Which Book to Choose as a Gift for the Book Giving Day? A Piece of Advice from Idram and IDBank
The Christmas gift from the Galaxy Group of Companies is the restoration of a song extricated by Khrimian Hayrik
Galaxy Group of Companies replaced the traditional New Year's gifts with houses of kindness and peace crafted by the chi...
Ucom օffers combining mobile and fixed services in Unity packages and save up to 45%
I personally promised the greatest athlete that he will definitely witness the eternity of his own fame. Gagik Tsarukyan...
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