With the financing of ARMSWISSBANK and within the scope of Renewable Energy Program “Tom and Mir” Company cooperating with GSS Company installed 35 kW solar powered (photovoltaic) station, which will produce average 56,700 kW/h electricity per year.
Deputy CEO-Director of Customer Service Department of the Bank Gevorg Khachatryan gave an interview to international authoritative magazine Global banking and finance review.
Interview is here.
Let’s remember that the Bank was announced the best trade finance bank in Armenia.
Within the framework of “Renewable Energy” project funded by "ARMSWISSBANK" CJSC and partnering with "Shtigen Energy Company", "Getamej" poultry farm installed a 237.6 kW solar powered (photovoltaic) power plant.
“ARMSWISSBANK” CJSC supported the opening of “Voices and Choices”: The (anti) aesthetics of political posters from Switzerland and Armenia” and adaption of the exhibition by the Museum of Design Zurich and by HAYP Pop Up Gallery, which take place from June 29 to July 15 (open daily 11:00-20:00), location 2 Republic Square, Yerevan, Armenia. (former Ministry of Foreign Affairs Building).
Global Banking and Finance Review has awarded ArmSwissBank CJSC in recognition for its dedication to providing leadership and excellence in Trade Finance. “ArmSwissBank understands the importance of cooperation with local and international organizations and is committed to developing new partnerships and strengthening existing ones and promoting the export opportunities available to domestic producers. This commitment and dedication to improvement,efficiency, risk management and commitment to customer experience is demonstrated in their strong performance and made them stand out as the clear winner in this category”, said Wanda Rich, Editor, Global Banking & Finance Review. “We look forward to seeing more from them in the years to come.”
On June 15, the "Armenia Export Catalog 2017-2018" presentation was held at "Erebuni Business" Center, whose mission is to enable Armenian companies to present their products and services in foreign markets, as well as make it visually and accessible to foreign businessmen. More than 120 Armenian exporting companies are involved in the catalog. The project of catalog has been initiated by the “Armenian Marketing Association” NGO, in collaboration with the Ministery of Foreign Affairs of the Republic of Armenia and Municiply of Yerevan.
Deputy Minister of Agriculture of the Republic of Armenia Ashot Harutyunyan, Acting Director of the Rural Finance Facility Development Office of the RA Government Staff Vahe Harutyunyan,and the Deputy Chief Executive Officer "ARMSWISSBANK" Grigor Hovhannisyan, have signed memorandums on implementation of programs for subsidizing interest rates for investment in intensive orchard gardens, hail protection networks and drip irrigation systems in Armenia.
Within the framework of the mentioned programs, the Bank will finance and the state will partially subsidize the agricultural sector’s entrepreneurs with modern technologies cultivate in intensive orchard gardens, hail protection networks and drip irrigation systems.Within the framework.
On January 25, 2018 ARMSWISSBANK CJSC and European Bank of Development and Reconstruction (EBRD) first time in financial market of RA signed General Master Repurchase Agreement (GMRA) which regulating the process of concluding securities repo transactions in international financial markets and adopted by the International Capital Market Association(ICMA).
The above agreement enables ARMSWISSBANK CJSC to expand its borders in international market by involving both AMD and foreign currency financing secured by denominated foreign currency bonds.
Within the framework of the event organized with the financial system participants ARMSWISSBNAK CJSC has been awarded “The best partner of data supplier” by Thomson Reuters which is one of the most famous companies in international financial market.
ARMSWISSBANK CJSC is the unique Bank in Armenia, which is implementing daily quotations of main foreign exchange rates against AMD, Government Securities and Forward rates, as well as interbank deposit interest rates on official website of Thomson Reuters Financial Information System.
