Yerevan, 08.May.2024,
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Economics
IDBank prematurely finished the placement of the second tranche of bonds of 2021
IDBank prematurely finished the placement of the second tranche of dollar bonds under the abbreviation AMANLBB2DER5. The total volume of the issue was USD 5 million, the annual coupon interest rate is 4%, the coupons are to be paid quarterly and the maturity is 27 months. The bonds will be listed in the “Armenian Securities Exchange” and will be quoted by the Marketmaker. The funds attracted by means of nomi...
IDBank issues another tranche of dollar bonds
On August 20 of this year, IDBank, through a public offer, issued another tranche of nominalcoupon bonds under the abbreviation AMANLBB2DER5.The total amount of the nominal coupon bonds of the second issue of 2021 is USD 5 million.The bonds have a circulation period of 27 months, the annual interest rate is 4%, and the bonds will be paid quarterly. The bonds will be placed from August 20, 2021 to November 12, 2021 inclusi...
Ucom and Teach for Armenia team up to boost student leadership in Armenia and Ar...
Since August 1st, Ucom has committed to providing 550 data cards with mobile internet access to the students from Armenia and Artsakh participating in Teach For Armenia Educational Foundation’s one month Virtual Student Leadership Camp.  “School is a complex environment. Outside those walls, at home, and on the internet, we must not spare any efforts to ensure our children discover their talents and pote...
Education is the basis of a strong state: IDBank and Russian-Armenian University...
The Institute of Economics and Business of the Russian-Armenian University and IDBank signed a memorandum of cooperation, within the framework of which, with the support of the Bank, the master's educational program "Data Analytics" will be developed and implemented. For this specialization, an admission has been announced for the 2021-2022 academic year. According to Ani Avetisyan, the head of the Department ...
“UCOM SPORT” challenge kicks off during Tokyo 2020 timeframe
From July 29 to 23:59 of August 8, 2021, during the period of Tokyo Olympics Ucom launches the “Ucom Sport” Challenge on TikTok and Instagram. During this contest-challenge, Ucom employees will demonstrate their sports skills in a short video format, after which they will challenge other users to share similar videos using the #UcomSport hashtag. At the end of the contest, 10 winners will be se...
uDay at Ucom online shop: up to 80% discount for smart gadgets, devices and smar...
One day only, on July 13th, Ucom’s online shop will offer up to 80% discount for the mentioned range of the smartphones, devices, smart gadgets for home and accessories.  “Within the framework of the uDay, hurry up to acquire some select assortment of the smartphones and smart gadgets for each member of your family. Let me say that such uDays will be frequent, and our customers will be abl...
Unibank has announced new loans for SME togheter with KfW bank
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.   An unsecured loan is provided for an amount of up to 5 million AMD, with a repayment term of up t...
IDBank’s new offer for business
IDBank offers business loans in AMD with profitable conditions in the frames of cooperation with the EIB - European Investment Bank. The business loan is provided for the purpose of obtaining funds for the development and promotion of the following sectors: agriculture, processing of agricultural products, tourism, export, industry․ The loan funds can be used by the legal entities registered in the Republi...
Privilege Banking: IDBank's offer for the premium services fans
A few days ago, the IDBank “Center” branch hosted the AmCham Be My Guest event. Member organizations of the American Chamber of Commerce in Armenia visited the flagship branch of the Bank, where a tour was organized for the guests, the concept of a modern bank was presented, as well as the new banking culture that IDBank provides to its clients. The three-storey branch of the Bank, located ...
UNIBANK AND VISA GIVE A TWO-DAY VACATION
Unibank and Visa together are launching a new promotion, within the framework of which the holders of Visa NON-Cash credit cards will be given the chance to win a two-day trip for two people to one of the most comfortable hotels in Armenia. In order to join the “Vacation with Unibank and Visa” promotion, cardholders need to make non-cash payments with a Visa NON Cash card at trade and service points ...
Armenia government approves 700 subsidy programs
YEREVAN. – At Thursday’s Cabinet meeting, the interim government of Armenia made a decision to allocate 827,758,200 drams to the regional administrations of Armavir, Gegharkunik, Lori, Kotayk, Syunik, and Vayots Dzor Provinces in order to provide their communities with subsidies other than those provided by the state budget. According to the respective substantiation, during the meetings of the interdepartmen...
10% cashback with IDBank Visa cards on the occasion of Family day
Making non-cash payments with IDBank Visa cards is profitable. On the occasion of the International Family day congratulate your family members by providing them with holiday entertainment or choosing unique and unforgettable gifts. Starting from May 14 until 18 inclusive, make payments with IDBank Visa cards at the following points of sale and services and get a 10% cashback: “Kinopark&rdquo...
Dollar gains value in Armenia
The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 521.45/$1 in Armenia on Thursday; this is up by AMD 0.41 from Wednesday, according to the official website of the Central Bank of Armenia. The exchange rate for one euro was AMD 628.19 (up by AMD 2.73), that of one UK pound totaled AMD 725.65 (up by AMD 1.72), and the rate of one Russian ruble made up AMD 6.99 (up by AMD 0.02) i...
Royal Mint produces largest gold coin in history weighing 10 kg
The Royal Mint of Great Britain minted the largest gold coin in its entire 1100-year history with a diameter of 20 cm, weighing 10 kg, and a denomination of £ 10 thousand. Created by a team of craftsmen who combined traditional skills with cutting-edge technology, the coin took 400 hours to issue, The Times reported on Thursday.  After making a rare book with an intricate design using modern engraving machine...
One dollar drops below AMD 520 in Armenia
YEREVAN. – The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 519.81/$1 in Armenia on Wednesday; this is down by AMD 0.48 from Tuesday, according to the official website of the Central Bank of Armenia. The exchange rate for one euro was AMD 627.20 (down by AMD 0.58), that of one UK pound totaled AMD 722.47 (down by AMD 0.51), and the rate of one Russian ruble made up AMD 6...
Armenia acting Deputy PM receives Iran Ambassador
Acting Deputy Prime Minister of Armenia Mher Grigoryan today received Ambassador of the Islamic Republic of Iran to Armenia Abbas Badakhshan Zohouri. As reported the Government of Armenia, greeting the Ambassador, Grigoryan attached importance to and highly appreciated the relations with Iran and the existing cooperation in various sectors and stressed that Armenian and Iran have a big agenda of bilateral ties. Iran&rsq...
Armenia government approves 2020 budget execution, national debt reaches 63.5% o...
YEREVAN. – At Thursday’s Cabinet meeting, the government of Armenia approved the report on the implementation of the 2020 state budget. It will now be submitted to the National Assembly. Accordingly, the 2020 state budget of Armenia was 1,560,655,340.800 drams in revenues, 1,894,647,093.400 drams in expenditures, and the budget deficit was 333,991,752.600 drams. Minister of Finance Atom Janjughazyan presente...
Dollar holding steady in Armenia
YEREVAN. – The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 522.21/$1 in Armenia on Monday; this is up by AMD 0.01 from the previous business day in the country, according to the official website of the Central Bank of Armenia. The exchange rate for one euro was AMD 628.69 (up by AMD 3.20), that of one UK pound totaled AMD 725.66 (up by AMD 6.12), and the rate of one Rus...
World oil prices dropping
World oil prices are falling Monday morning, and trading data attest to this. Accordingly, the WTI crude oil futures for May went down by 0.27 percent to $62.96 a barrel. And the Brent crude oil futures for June supplies fell by 0.34 percent to $66.54 a barrel.
Armenia to have trade attaché in Iran
YEREVAN. – At Thursday's Cabinet session, the government of Armenia adopted a decision to establish the post of Armenia’s trade attaché in Iran. The reasoning behind this decision states that the creation of this post will enable to more effectively represent Armenia's economic interests in Iran, facilitate cooperation between Armenian and Iranian businesses, as well as assist the intensification of bu...
Dollar falls sharply Armenia
YEREVAN. – The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 519.43/$1 in Armenia on Tuesday; this is down by AMD 8.67 from Monday, according to the official website of the Central Bank of Armenia. The exchange rate for one euro was AMD 617.91 (down by AMD 10.85), that of one UK pound totaled AMD 715 (down by AMD 10.35), and the rate of one Russian ruble made up AMD 6.73 ...
One dollar exceeds AMD 537 mark in Armenia
YEREVAN. – The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 537.36/$1 in Armenia on Thursday; this is up by AMD 0.78 from Wednesday, according to the official website of the Central Bank of Armenia. The exchange rate for one euro was AMD 637.58 (down by AMD 0.09), that of one UK pound totaled AMD 738.28 (down by AMD 3.22), and the rate of one Russian ruble made up AMD 6....
Dollar gains value in Armenia
YEREVAN. – The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 533.84/$1 in Armenia on Monday; this is up by AMD 0.67 from the previous business day in the country, according to the official website of the Central Bank of Armenia. The exchange rate for one euro was AMD 626.73 (down by AMD 1.29), that of one UK pound totaled AMD 739.58 (up by AMD 1.99), and the rate of one R...
One dollar exceeds AMD 533 mark in Armenia
YEREVAN. – The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 533.17/$1 in Armenia on Friday; this is up by AMD 1.03 from Thursday, according to the official website of the Central Bank of Armenia. The exchange rate for one euro was AMD 628.02 (up by AMD 3.39), that of one UK pound totaled AMD 737.59 (up by AMD 4.89), and the rate of one Russian ruble made up AMD 7 (down b...
IDream: new program for students by IDBank
Are you a student? Do you dream about working in the banking sector and receive competitive knowledge and irreplaceable experience? Continue reading: you will be interested in our new offer! IDBank launches a new program for the students - IDream. The program gives an opportunity to the students of final grades of bachelor’s degree, as well as master’s degree, to do their first step in the banking sector and ...
AMD bonds of Unibanks new issue listed on Armenian stock exchange
The 13th issue of Unibank AMD denominated bonds was listed on the Armenian Stock Exchange. The issue volume makes up 1 billion AMD with the annual 10,5% coupon yield. Taking into account the high demand from investors, the placement of bonds ended prematurely.   Currently, a new issue of the bank’s USD bonds is under placement. The issue volume of the dollar bonds comprises 5 million USD with 5.3% coupon yiel...
Ucom offers buying any gadget without prepayment
Until March 15, customers can purchase their preferred smartphone, gadget or accessory at any Ucom sales and service center, as well as at Ucom's online shop when applying for credit, without prepayment. The credit is processed by "Unibank" CJSC for 36 months, of which during the first 12 months the buyers will be provided the privilege of 0% prepayment, 0% annual interest rate and 0% service fee. Moreover,...
"I am in debt but to my homeland." Artak Tovmasyan. "Past"
The «Past» newspaper writes: Artak Tovmasyan, the head of the «Tovmasyan» Foundation, does not want to comment on the news that he is entering politics because he has large debts. "This is ridiculous nonsense, what can I comment on?" - he said. We insisted: "After you announced about creating a political team, they write everything about you" “It means I started everything right.” Can y...
Artak Tovmasyan and his team of IT specialists introduced necessary steps for th...
The head of the Tovmasyan Foundation, Artak Tovmasyan, who is the author of multiple projects in the IT field, and has large investments and business interests in this sector, held a meeting with his team and the leading IT specialists of the sector, during which they discussed how to provide more efficient governance and transparent management of the state, how to put the fight against corruption on an institutional basi...
IDsalary and IDsalary+. You choose from where to receive your salary
IDBank launches new salary packages․ Start receiving your salary withIDBank and you will get an opportunity to use a number of services of IDBank on privileged conditions. -          Mastercard Standard or Visa Gold cards with profitable conditions for service -          Cash out from IDBank ATM’s without commission...
Timeline
“By Your Side”: IDBank's new support program for displaced Artsakh citizens The Power of One Dram to the Road of Life Charitable Organization AMIO bank issues bonds General Director of Ucom gave a lecture at the French University in Armenia Amio Bank participated in Career City Fest 2K24 Transfers to Visa cards of foreign banks are available in the Unibank mobile app ZCMC CJSC general director R.N. Khudoli on the օccation of Internatioanal Labour day Gagik Khachatryan's prolonged denial of medical care amounts to torture. attorney More and more smiles in the city. 'Kentron' branch of AMIO BANK was reopened Idram and IDBank at Career City Fest Idram and IDBank as participants of Career City Fest Ucom provides four bus stops in Ijevan with free Wi-Fi An exhibition dedicated to Charles Aznavour's centennial anniversary Yerevan, May 22 – July 22 Caring for nature, we have started with ourselves - Team Telecom Armenia Up to 10% cashback from GetTransfer with IDBank cards Amio Visa Signature Business card. When the opportunities are unlimited Up to 1% cashback when shopping on Wildberries with IDBank cards Ucom continues network modernization in regions of Armenia Co-founders of Galaxy Group of Companies Co-Hosts Business Breakfast to Strengthen Armenian-French Business Ties Leasing agreement and a number of advantages. Amio is in the Leasing Expo with a special offer
Press
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I personally promised the greatest athlete that he will definitely witness the eternity of his own fame. Gagik Tsarukyan...
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The Blessing and the handover of the Crosses of Ashot II the Iron under the sponsorship of Tovmasyan Foundation
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