  IDBank replenishes its share capital August 11, 2025 - 18:21 AMT PanARMENIAN.Net - IDBank announces that the Bank’s share capital has been increased by AMD 17 billion, reaching a total of AMD 51 billion. The increase was founded from retained earnings, following the decision of the Bank’s shareholder dated July 9, 2025, and approved by the Central Bank of the Republic of Armenia. Risk Management Director Artur Hambardzumyan highlighted this step as a key milestone in the Bank’s development and financial stability. “The increase is aimed at strengthening the Bank’s financial stability, improving capital adequacy ratios, and ensuring the Bank is well-prepared for ongoing growth, new initiatives, and digital investments,” said Artur Hambardzumyan. The bank is supervised by the CBA   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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
