Moody's Investors Service ("Moody's") upgraded Ameriabank’s Baseline Credit Assessment (BCA) to ba3 from b1 and affirmed the bank’s long-term deposit ratings at Ba3. The rating agency also changed the outlook on the Ba3 long-term deposit ratings to stable from negative.
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Team Telecom Armenia officially announced the launch of the initial public offering (IPO) of its shares. This strategic decision will allow the company to invest more towards infrastructure development, strengthening its role in the market, and encouraging open and transparent business practices.
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Ameriabank has launched a new platform, MyInvest, available in MyAmeria mobile application. MyInvest users are able to trade securities online, have real-time access to the investment portfolio, and obtain detailed information about their holdings.
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The 10-day Milan Academy Junior Camp concluded on June 7 in Yerevan marking an opportunity to around 160 youths from the regions of Armenia to train with the famous football coaches of Milan Academy, led by Claudio Zola.
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The Milan Academy Junior Camp has kicked off in Yerevan bringing together Italian coaches, kids and teens from Armenian regions and leading brands.
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On the occasion of the 30th anniversary of the Armenian dram, the Central Bank of Armenia, the Union of Banks of Armenia, and 18 commercial banks, in cooperation with My Forest Armenia, are establishing 50 ha of new forest in Jrashen and Urasar communities of Lori region, planting 160,000 trees (oak, maple, beech, linden, wild pear, wild apple, walnut, birch, and other tree species).
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