  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 |  Latest news Government reveals details from Pashinyan’s meeting in border village  Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush provinceNarek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |
