ArmInfo. On the threshold of launching agricultural risk insurance in Armenia, y-o-y growth of banks' lending to the agricultural sector accelerated dramatically from 0.9% to 7.4% by July 1, 2018.
ArmInfo. Iran and Armenia signed a Memorandum of Understanding on the organization of joint production of agricultural machinery. About this, according to the Iranian agency Mehr, said the commercial attache of Iran in Armenia Mohsen Rahimi.
ArmInfo.Ardshinbank offers instant payments in points of trade / services through contactless cards of Visa and MasterCard payment systems.
ArmInfo. Eurasian Development Bank wishes to expand its activities in Armenia and is ready to discuss the opportunities for implementing new projects, Chairman of the Management Board of the Eurasian Development Bank Andrey Belyaninov stated at the meeting with Prime Minister of Armenia Nikol Pashinyan on August 15.
ArmInfo. To develop compulsory health insurance in Armenia, it is necessary to put an end to informal agreements between insurers and medical institutions, Healthcare Minister Arsen Torosyan stated at a meeting with representatives of local insurance companies.
ArmInfo.In the first half of 2018 as compared with the same period of 2017 Armenia's insurance companies registered a 30,6% growth in premiums amid 30,1% growth in compensation. A year earlier premiums demonstrated only 4,7% growth amid 30,5% growth of compensaitons. In Q2 alone, the dynamics of premiums deteriorated to 43,5% decline versus 36,1% growth in Q1 amid sharp slackening of compensations decline to 7,3% from 22,2% in Q1, amid 22,8% decline and 10,2% decline in Q2 2017 respectively.
ArmInfo. Armenia and China expressed readiness to implement joint programs in the energy sector. This was announced during the meeting of the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Armenia Tian Erlong and the Minister of Energy and Natural Resources of the Republic of Armenia Artur Grigoryan.
ArmInfo. The geographic location of Armenia is favorable for the implementation of electricity and energy programs with Iran, Georgia, Russia and the Black Sea countries, Deputy Minister of Energy for electricity and energy affairs Homayoun Haeri stated during the meeting with the Minister of Energy Infrastructures and Natural Resources of the Republic of Armenia, Co- Chairman of the Armenian-Iranian intergovernmental commission Artur Grigoryan on August 17.
ArmInfo. An information tourist center was opened in Dilijan, which is the first in the Tavush region.
ArmInfo.The European Commission will support 14 top-class projects to bring their innovations faster onto the market under the European Innovation Council (EIC) pilot. The initiative is implemented under the EU's "Horizon 2020" research and innovation financing program for 2018-2020. This was reported by the press service of the Council.
ArmInfo. New developments in Armenia led to a rise in property prices, Director of the Real Estate Exchange Artem Pribylsky stated in the conversation with ArmInfo. "Today there are positive trends, but it is unknown what will happen tomorrow," the expert said.
ArmInfo. The average market value of a multi-apartment building in the regions of Armenia increased by 2.6% per annum for the first half of 2018, making 87 thousand drams / 1 sq.m. This is evidenced by the data of the State Committee of Real Estate Cadastre.