News

EEC Minister: We create clear and transparent rules within EAEU space to effectively protect copyright holders` interests
Cooperation opportunities with International Automobile Federation discussed
EU TUMO Convergence Center for Engineering and Applied Sciences to be constructed in Yerevan
Economy Ministry outlines next steps for Meghri FEZ project
ACBA Bank Group is developing a transparent corporate governance system
38,900 more employed in Armenia`s processing industry as against 2017 - minister
2% Cashback on Payments Made with AraratBank Arca Cards
Armenia to participate in Wine & Spirits 2026 in Berlin
Socioeconomic integration programs for refugees discussed in Armenia
Armenia`s Deputy Minister of Territorial Administration and Infrastructure, US Senate Appropriations Committee official discuss energy cooperation
Mike Rubino, Partner at Forward Global, Confirmed as Speaker at the Second Investment and Financial Forum of Armenia
Armenian Ambassador highlights transport and logistics cooperation prospects with Turkmenistan
"Study, study, and study again!: Pashinyan outlines solutions to water resource management issues
S&P Global Ratings forecasts Armenia`s real GDP to expand by 5.3% in 2026 and to 4.8% in 2027
RA NA member denies rumors of ban on cash payments starting March 1, 2026
Expenses on serving Armenia`s national debt 2.5% up over last eight years - politician
Armenia`s minister of economy reports 2.2-fold increase in exports of Armenian products compared to 2017
S&P Global Ratings: Armenia outlook revised to positive on growth, potential improvement in regional security; `BB-/B` Ratings Affirmed
Director of Center for Hydrometeorology and Monitoring called on farmers to refrain from active agricultural work
Georgia sets symbolic tariff for transportation of petroleum products from Azerbaijan to Armenia
About 50% of arable land in Armenia is uncultivated, leaving significant portion under real threat of desertification
The US Supreme Court has overturned Trump`s massive tariffs
Armenia`s Deputy PM, EEC Minister for Integration emphasize the significance of coordinated policies within EAEU
In Armenia`s interbank foreign exchange market, dollar transactions decreased, while ruble transactions increased from February 16- 20, 2026
Most likely, the Ajapnyak metro construction tender will be announced next year - Deputy Mayor
Tigran Khachatryan, Mariam Kvrivishvili discuss regional transport infrastructure development programs
Armenia`s GDP increased by 7.2% in 2025, while foreign trade suffered a double-digit decline
Armenia taking part in AI Impact Summit 2026 in India
In January, Armenian government`s debt increased by $212 million
Amazon Becomes Largest US Company by Annual Revenue, Surpassing Walmart
Armenian, Georgian economy ministers discuss issues of ensuring unimpeded cargo transit
Order an IDBank Arca Classic card and enjoy up to 2% cashback
Cashless card transactions in Armenia exceed cash transactions by 56%
Italy has become the leading source of remittances to Georgia
The US trade deficit unexpectedly jumped by 32.6% in December
Health Ministry to consider including taxi drivers in insurance system by 2027
IDBank has summed up the raffle held within the framework of IDsalary payroll package: 55 lucky winners have received their prizes
KardaLove 5th Anniversary Festival Held under the Title Sponsorship of AraratBank
Armenia to receive 100 million euros from AFD for integrated development of water and agriculture sectors
Armenian MP calls on electric vehicle owners to delay paying property taxes
RA Minister of Labor and Social Affairs urges pensioners to choose bank to receive their pensions
Armenia to construct NPP reserve crisis center
Number of virtual POS terminals nearing 6,000 in Armenia
Ardshinbank Opens New Business Branch
New law supposed to protect investors in Armenia
FLYONE ARMENIA offers ticket sales promotion to its customers
AirBaltic launches Yerevan-Riga-Yerevan flights
EBRD to provide EUR 6mln grant to Armenia for construction of Yerevan Customs and Logistics Center
Armenia triples exports of brandy over last ten years
In Armenia, 85% of microprocessing cards have NFC chips
2025 Corruption Perceptions Index results published
Ameriabank Opens a New Branch in Artashat: Special Offers for New Customers
ArmInfo Financial Rating: Increase in MTPL tariffs boosts Armenia`s insurance market profitability
Dangerous Generosity: IDBank Warns of a Rise in Fake Online Surveys
Promotion and implementation of inclusive transport infrastructure program among RA Government`s priorities - minister
UBA Chair: Armenia`s banking system demonstrates high stability indicators - it is adequately capitalized and has high liquidity
Team Holding`s AMD, USD bonds listed on Armenia Stock Exchange
Idram, Mediamax and Hayordi Foundation Launch Initiative Ahead of Book Giving Day
Government of Japan, UNDP allocate $5.2 million to enhance agricultural development in Armenia
Union of Banks of Armenia: Higher interest rates are a restraining factor for higher consumer lending growth
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Monday, July 18 2011 20:00

Armenia's Central Bank lowers ratings of ArmRusgasprom and Mika Cement.

ArmInfo. The Central Bank of Armenia has lowered the ratings of two companies: ArmRusgasprom (from B to B-) and Mika Cement (from G to G-).

The ratings of Electric Networks of Armenia and Elektropribor have not been changed - G+ and G-, respectively.

According to the press service of the CB, Onix CJSC has asked the CB to no longer rate it, the company's last rating being D+.