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Ameriabank was established in 1910 as a branch of Caucasian Trade Bank, which during the Soviet era was transformed into the Armenian branch of the USSR Vneshtorgbank. It became a standalone bank again in 1992 after it obtained a banking license from the Central Bank of Armenia. By 2014, it had won the Euromoney award for best bank in Armenia ...
For the whole Armenian economy and international commerce, 2020 was a year of decline. In a variety of areas, Armenian commodities are being exported and imported at a lower rate. According to the Armenian Statistical Committee, Armenia exported goods worth $2.544 billion in 2020, a fall of 3.9 percent from 2019.
The ruble (Armenian: ռուբլի, Russian: рубль) was the independent currency of the First Republic of Armenia and the Armenian Soviet Socialist Republic between 1919 and 1923. It replaced the first Transcaucasian ruble at par and was replaced by the second Transcaucasian ruble after Armenia became part of the Transcaucasian Soviet ...
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The top five largest banks in terms of assets were Ameriabank, Armbusinessbank, Ardshinbank, Acba bank and Inecobank, which accounted for 55.8% of all assets. [21] Out of 17 banks 15 were profitable in 2017. The top five banks by size of net profit were Ameriabank, Inecobank, Ardshinbank, Acba bank and IDBank. Ameriabank was the most profitable ...
Yerevan: 1993 Central bank ErAZ: Consumer goods Auto parts Yerevan: 1964 Defunct 2002 Evocabank: Financials Banks Yerevan: 1990 Bank Gazprom Armenia: Oil & gas Exploration & production Yerevan: 1997 Part of Gazprom (Russia) HayPost: Industrials Delivery services Yerevan: 1991 Postal services Hetq Online: Consumer services Publishing Yerevan ...
The Central Bank of Armenia ( Armenian: Հայաստանի Կենտրոնական Բանկ, romanized : Hayastani Kentronakan Bank) is the central bank of Armenia with its headquarters in Yerevan. The CBA is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector ...
The move has helped the ruble inch up against the U.S. dollar by roughly 4%, hitting a two-week high. But the currency remains significantly lower—about 23% down this year.