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Artsakhbank
Artsakhbank is an Armenian bank with headquarters in Yerevan. As of November 20, 2017, the Bank has 7 branches in Yerevan and 11 branches in the unrecognized Republic of Artsakh (''de jure'' part of Azerbaijan). History The bank was established on February 12, 1996. On November 6, 1996 Artsakhbank, Closed joint-stock company was transformed into Artsakhbank, Open Joint-Stock Company, according to the resolution of the Bank’s Shareholders General Meeting. On June 24, 2001 Artsakhbank, OJSC, was reorganized back into Artsakhbank, Closed joint-stock company (CJSC). The bank is a shareholder of Armenian Card (ArCa) and a full member of ArCa the Armenian national payment system, a member of Europay/ MasterCard international payment system, and a member of SWIFT system. Artsakhbank is a member of international money transfer systems, such as MoneyGram, Migom, Leader, Anelik. The Bank has correspondent relations with 25 banks, both local and foreign. Operations The Bank serves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Republic Of Artsakh
Before the 2020 Nagorno-Karabakh war, the economy of the Republic of Artsakh was small, but rapidly growing. The economy of Karabakh showed a relatively quick and confident recovery from the 1991-1994 war. In 1999, the GDP figure was $59 million, 80 percent down on the figure in Soviet times.Karabakh hopes for recognition — from investors 2000-10-07 Yet, the of the reached $114 million in 2005, double the figure in 2001, registering economic growth of 14% (in current prices) in 2005, and in 2009 it registered a GDP of $260 million, which incr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Armenia
Central bank *Central Bank of Armenia Commercial banks As of 31 December 2017, there are 17 commercial banks operating in Armenia. This includes: * Ameriabank opened in 1910 as the Yerevan branch of the Caucasus Trade Bank. * Armbusinessbank opened in 1994 as the legal successor of the "Arminvestbank" operating since 1991. * Byblos Bank Armenia opened in 2000 as the legal successor of the "International Trade Bank" operating since 1992. *Converse Bank, opened in 1993 as "North Armenian Shareholding Bank", incorporated into Converse Bank in 1997. * Evocabank opened in 1990 as Prometheus Bank, and renamed in 2001 as Prometey Bank. It was re-branded in 2017 as Evocabank. *HSBC Bank Armenia, opened in 1996 as "Midland Armenia Bank", incorporated into HSBC Bank Armenia in 1999. * VTB Armenia, opened in 1993 as the "ArmSavingsBank", incorporated into VTB Armenia in 2006. Rankings Armenia-based commercial banks earned a total of 20.1 billion drams in net profit in the first quarter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Artsakh Dram
The Artsakh dram ( hy, Արցախյան դրամ) is a monetary unit of the ''de facto'' independent Republic of Artsakh. Although it is legal tender, it is not as widely used as the Armenian dram. Coins Two commemorative coins were issued in 2003, while seven different coins have also been issued, all dated 2004. They are two aluminum 50 luma coins featuring a horse and a leaping antelope, three aluminum 1 dram coins featuring a wildcat, a pheasant and St. Gregory the Illuminator, two aluminum-bronze 5 dram coins featuring the Ghazanchetsots Cathedral in the town of Shushi and the We Are Our Mountains monument right outside Stepanakert, and two aluminum 1000 dram coins featuring Lake Van and Kevork Chavush. A new series of coins was issued in 2013, and consists of two 50 luma coins featuring a horse and antelope, three 1 dram coins depicting a leopard, wolf and pheasant and two five dram coins showing a bear and a capricorn. Banknotes 2 and 10 dram banknotes have been issue ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Artsakh
Artsakh, officially the Republic of Artsakh () or the Nagorno-Karabakh Republic (),, is a list of states with limited recognition, breakaway state in the South Caucasus whose territory is internationally recognised as part of Azerbaijan. Artsakh controls a part of the former Nagorno-Karabakh Autonomous Oblast, including the capital of Stepanakert. It is an Enclave and exclave, enclave within Azerbaijan. Its only overland access route to Armenia is via the wide Lachin corridor which is under the control of Russian peacekeepers. The predominantly Armenian-populated region of Nagorno-Karabakh was claimed by both the Azerbaijan Democratic Republic and the First Republic of Armenia when both countries became independent in 1918 after the fall of the Russian Empire, and a brief war over the region broke out in 1920. The dispute was largely shelved after the Soviet Union established control over the area, and created the Nagorno-Karabakh Autonomous Oblast (NKAO) within the Aze ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Armenia
The Armenian economy contracted sharply in 2020, by 5.7%, mainly due to the 2020 Armenia-Azerbaijan war. In contrast it grew by 7.6 per cent in 2019, the largest recorded growth since 2007, while between 2012 and 2018 GDP grew 40.7%, and key banking indicators like assets and credit exposures almost doubled. While part of the Soviet Union, the economy of Armenia was based largely on industry—chemicals, electronic products, machinery, processed food, synthetic rubber and textiles; it was highly dependent on outside resources. Armenian mines produce copper, zinc, gold and lead. The vast majority of energy is produced with imported fuel from Russia, including gas and nuclear fuel for Armenia's Metsamor nuclear power plant. The main domestic energy source is hydroelectric. Small amounts of coal, gas and petroleum have not yet been developed. Armenia's severe trade imbalance has been offset somewhat by international aid, remittances from Armenians working abroad, and foreign dir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Armenian Dram
The dram ( hy, դրամ; sign: ֏; abbreviation: դր.; ISO code: AMD) is the currency of Armenia, and is also used in the neighboring unrecognized Republic of Artsakh. It was historically subdivided into 100 luma (). The Central Bank of Armenia is responsible for issuance and circulation of dram banknotes and coins, as well as implementing the monetary policy of Armenia. The word "dram" translates into English as "money" and is cognate with the Greek drachma and the Arabic dirham, as well as the English weight unit dram. The first instance of a dram currency was in the period from 1199 to 1375, when silver coins called dram were issued. History On 21 September 1991, a national referendum proclaimed Armenia as a republic independent from the Soviet Union. The Central Bank of Armenia, established on 27 March 1993, was given the exclusive right of issuing the national currency. In the immediate aftermath of the collapse of the Soviet Union attempts were made to maintain a c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MoneyGram
MoneyGram International, Inc. is an American cross-border Peer-to-peer, P2P payments and electronic funds transfer, money transfer company based in the United States with headquarters in Dallas, Dallas, Texas. It has an operations center in St. Louis Park, Minnesota and regional and local offices around the world. MoneyGram businesses are divided into two categories: Global Funds Transfers and Financial Paper Products. The company provides its service to individuals and businesses through a network of agent (law), agents and financial institutions. In 2014, MoneyGram was the second largest provider of money transfers in the world. The company operates in more than 200 countries and territories with a global network of about 347,000 agent offices. History MoneyGram International formed as a result of two businesses merging, Minneapolis-based Travelers Express and Denver-based Integrated Payment Systems Inc. MoneyGram was first established as a subsidiary of Integrated Payment Sy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SWIFT
Swift or SWIFT most commonly refers to: * SWIFT, an international organization facilitating transactions between banks ** SWIFT code * Swift (programming language) * Swift (bird), a family of birds It may also refer to: Organizations * SWIFT, an international organization facilitating transactions between banks * Swift Engineering, an American engineering firm * Swift & Company, a meat processing company * Swifts (aerobatic team), a Russian aerobatic team Transportation companies * Swift Cooper, a British racing car manufacturer * Swift Leisure, a British manufacturer of caravans * Swift Motor Company, of Coventry, England * Swift Transportation, a US trucking company Places * River Swift, a river in England * Swift, Illinois, an unincorporated community in northeastern Illinois * Swift County, Minnesota, a county in west-central Minnesota * Swift, Minnesota, an unincorporated community in northern Minnesota * Swift, Missouri, a ghost town in southeastern Missouri As ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
