CBA issues license to All Armenian BankJune 3, 2011 - 17:00 AMT PanARMENIAN.Net - On June 2, the Board of the Central Bank of Armenia (CBA) issued a license to All Armenian Bank public corporation. The bank's authorised capital amounts to USD 100 million; USD 20 million was provided by the government. All Armenian Bank's board is chaired by Armenian Prime Minister Tigran Sargsyan; presidential advisor Vahram Nersisyants was appointed as bank's CEO. All Armenian Bank's activities will focus on provision of long-term credits, with IT sector, healthcare, education and tourism selected as priority spheres. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |