Converse Bank bonds were bought in primary market within days Friday, April 26 2024 16:48:00
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 ArmInfo. Within days, Converse Bank's dram coupon bonds were bought in the primary market in the amount of 5 billion drams. It is noteworthy that this tranche was put up for sale together with the dollar bonds on April 17, and within a week the dram bonds were fully distributed. This is noted in a message from Converse Bank. |
Friday, May 12 2023 19:26
ArmInfo. The delegation of the Ministry of Finance of Armenia headed by Deputy Minister of Finance Arman Poghosyan participated in the experience exchange events, organized by the Institute of Chartered Accountants in England & Wales (ICAEW) on May 9-12 in London. >>> |
Friday, May 12 2023 15:38
ArmInfo. Attaching importance to providing the general public with objective, reliable and fact-based information in the financial and banking sector, the Union of Banks of Armenia for the fourth year in a row holds a competition to determine the best publications to encourage academics, experts, journalists to cover relevant topics in the financial and banking sector in their activities. >>> |
Thursday, May 11 2023 19:09
ArmInfo.Speaking at the presentation of the International Monetary Fund (IMF) report "Ensuring Macroeconomic Stability in the Caucasus and Central Asia in the Conditions of Ongoing Uncertainty" in Astana, Deputy Governor at Central Bank of Armenia Armen Nurbenkyan mentioned three key factors ensuring the growth of Armenia's economy last year. >>> |
Thursday, May 11 2023 13:03
ArmInfo.The International Bank for Reconstruction and Development (IBRD), the lending arm of World Bank Group, will issue a 92.3mln Euro loan to Armenia for supporting the country's budget. >>> |
Thursday, May 11 2023 11:19
ArmInfo.Environment Minister Hakob Simidyan received Frank Merschl, Senior Program Portfolio Manager of the German Credit Recovery Bank (KfW), and Zara Chatinyan, the bank's representative in Armenia. Deputy Minister Aram Meymaryan took also attended the meeting. >>> |
Monday, May 8 2023 18:27
ArmInfo.The Power of One Dram will be directed to the treatment of children with epilepsy in May. Beneficiary "Path of Life" NGO provides children with epilepsy with diagnosis, medication and necessary treatment. >>> |
Friday, May 5 2023 14:22
ArmInfo.From now on, IDBank's Rocket Line digital installment will be available for a longer period. IDBank informs that the period of the digital installment will depend on the amount of its amount. >>> |
Thursday, May 4 2023 17:38
ArmInfo.The press service of Ardshinbank issued an official statement to customers, in which they warned about the increasing facts of fraud with fake bank pages on the Internet. The statement, in particular, says: >>> |
Thursday, May 4 2023 17:09
ArmInfo. In April 2023, y-o-y inflation in Armenia's consumer market dropped to 3.2% (from 8.4% in April 2022). This was largely due to last year's significant drop in inflation in the food market, and to a lesser extent in non-food products, as service tariffs continued to rise rapidly. This is evidenced by the data of the Statistical Committee of the Republic of Armenia. >>> |
Thursday, May 4 2023 15:06
ArmInfo.On May 4, the Government of Armenia approved the draft Law of the Republic of Armenia "On the Ratification of the Agreement on the Establishment of Local Branches of the German Society for International Cooperation LLC (GIZ) and the Bank for Reconstruction Credits (KFW). >>> |
Wednesday, May 3 2023 16:58
ArmInfo. Armenia's gross international reserves decreased by 9.4% in Q1 2023 (against a 10% decline in Q1 2022) or by $387.4 million, amounting to $3.724 billion (against a historical maximum of $4.112 billion in December 2022). This is evidenced by the data of the Central Bank of the Republic of Armenia. >>> |
CBA: Monetary policy scenario envisages rapid decline in inflation below target of 4% in near future
Tuesday, May 2 2023 22:07
ArmInfo. The scenario of the planned monetary policy (MP) of the Central Bank of RA envisages a rapid decline in y-o-y inflation, which will be below the target level in the near future, and will stabilize at the target level of 4% in the medium term. Head of the Central Bank of the Republic of Armenia Martin Galstyan stated on May 2 during a press conference, presenting the rationale for the regulatory decision to keep the refinancing rate at the level of 10.75%. >>> |
Tuesday, May 2 2023 21:43
ArmInfo.The results of macroprudential stress testing of the banking sector in Armenia show that even under a negative scenario, the system is able to absorb possible losses while maintaining the continuity of financial intermediation. Chairman of the Central Bank of Armenia Martin Galstyan stated during a press conference on May 2. >>> |
Tuesday, May 2 2023 19:26
ArmInfo."Certain processes in the service sector lead us to believe that we have not yet won a final victory in the fight against inflation," Governor of the Central Bank of Armenia, Martin Galstyan said during a press conference today. >>> |
Saturday, April 29 2023 12:32
ArmInfo. April 25 to 28, 2023, on Armenia's interbank foreign exchange market, USD and RUB transactions showed a decline, with no EUR transactions effective for two weeks running. Daily USD transactions were effected, with only two RUB transactions. As a result, USD transactions showed a 56.5% decline against a 30.6% growth, with RUB transactions showing a 33.3% decline against a 13.2% growth. As a result, the total amount of USD transactions exceeded the total amount of RUB transactions 5.6-fold against 8.6-fold the previous week. >>> |
Friday, April 28 2023 11:42
ArmInfo.On April 28 and 29, Career City Fest will be held for the first time at the Meridian Expo Center. Here, the candidates will meet their future employers and have the opportunity to find their dream job. >>> |
Thursday, April 27 2023 17:22
ArmInfo.Milan Academy Junior Camp is coming to Armenia and will host 160 from the regions of Armenia, to offer unique opportunity to train with some of the world’s best coaches led by Claudio Zola. >>> |
Thursday, April 27 2023 14:44
ArmInfo. The banking sector of Armenia in Q1 2023 increased tax payments to the state treasury by 58% per annum - up to 20.5 billion drams ($52.7 million). Of this amount, 85.7% or 17.6 billion drams was paid in direct taxes, with a y-o-y increase of 62%. This is evidenced by the data of the State Revenue Committee of the Republic of Armenia on the list of 1000 large taxpayers of the country, according to which, 9 banks were included in the first hundred of the list (as in the previous year). >>> |
Tuesday, April 25 2023 16:29
ArmInfo.Continuously improving service conditions and expanding the range of services, Ardshinbank presents its customers with a new digital payment option - digiPOS digital payment terminal. It is an application thanks to which devices working with Android operating system and NFC system (smartphone, tablet, etc.) become a POS payment terminal. >>> |
Friday, April 21 2023 15:37
ArmInfo.Deputy Minister of Territorial Administration and Infrastructures of Armenia Vache Terteryan received delegations from the Asian Development Bank (ADB) and the French Development Agency (AFD). >>> |
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