The Power of One Dram to the Road of Life Charitable Organization

 Friday, May 3 2024 18:31:02
The Power of One Dram to the Road of Life Charitable Organization

ArmInfo.The Power of One Dram” initiative sums up the program of the April month, as a result of which AMD 3,913,063 gathered will be directed by the beneficiary “4090” fund to the provision of tuition fees for students participating in the four-day and 44-day wars, giving the opportunity to a hundred of young people to change their quality of life through education.

There are already over 2.1 million microprocessing cards with NFC  chip in Armenia - 66.6% of total
 Friday, February 24 2023 18:38

ArmInfo.As of January 1, 2023, there were 3.184 million cards in the plastic market of Armenia (including co-badged ArCa-MIR and Russian MIR cards), with an acceleration of y-o-y growth from 8.3% to 17.8%.

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Fitch Ratings upgraded Ardshinbank’s outlook to Positive
 Wednesday, February 22 2023 19:05

ArmInfo.Fitch Ratings, an international credit rating agency, affirmed Ardshinbank’s Long-Term Issuer Default Rating at B+, upgrading Outlook to Positive from Stable.

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4-fold growth in money transfers from Russia to Armenia
 Tuesday, February 21 2023 12:15

ArmInfo. Last year saw a rapid growth in individual money transfers from Russia to Armenia - a 4-fold growth, up to $3.6bln. 

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HSBC Armenia named as "Market Leader" by Euromoney 
 Monday, February 20 2023 13:43

ArmInfo. HSBC Bank Armenia CJSC (hereinafter HSBC Armenia/Bank) has been awarded two recognitionsbythe reputable "Euromoney"publication. This is stated in  the official statement of HSBC Bank Armenia.

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EBRD, GCF grant $4 million loan to HSBC Bank Armenia under GEFF
 Friday, February 17 2023 10:04

ArmInfo.Armenia's private sector will benefit from new green technology financing thanks to the funding from the European Bank for Reconstruction and Development  (EBRD) and a concessional finance from the Green Climate Fund (GCF),  provided to HSBC Bank Armenia under the EBRD's Green Economy  Financing Facility (GEFF).

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A New Branch of Ameriabank has Opened its Doors in Yerevan, with Special Offers for Clients 
 Wednesday, February 15 2023 20:31

ArmInfo.Ameriabank continues expanding its branch network to be closer to its clients in their communities. This time, the new branch of Ameriabank has opened its doors in Avan administrative district of Yerevan.  “Avan” is the 25th branch of Ameriabank.

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Foreign currency business loan starting at 6%
 Tuesday, February 14 2023 15:43

ArmInfo.AraratBank, consistent with its customer-centric policy and in view of the demand for low-interest loans, kicks off a new credit offer for both small and medium-sized enterprises and major customers.

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EDB reports record money transfers to Armenia, Central Asia last year
 Tuesday, February 14 2023 13:24

ArmInfo. According to the estimates by experts of the Eurasian Development Bank (EDB), private money transfers to Armenia, Kazakhstan, Kyrgyzstan and Uzbekistan totaled $2.6bln last year - a 1.9-fold growth as compared with 2021.

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CBA official hopes no considerable rise in interest rates in coming  years
 Friday, February 10 2023 12:38

ArmInfo. The share of foreign-exchange mortgage loans in the Armenian commercial banks' loan portfolio has been 17% over the last five years, Hovhannes  Khachatryan, Vice-Chairman of the Central Bank of Armenia (CBA),  stated in Parliament on February 10.

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EDB to increase investments in Armenia
 Friday, February 10 2023 12:01

ArmInfo.The Eurasian Development Bank (EDB) intends to increase investments in Armenia, EDB Country Director Armen Melikyan stated at his meeting with  Armenia's Minister of Economy Vahan Kerobyan. Attending the meeting  was also Denis Ilin, Vice- Chairman of the EDB Management Board, and  Deputy Minister of Economy Narek Teryan.  

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Armenia`s commercial banks, lending agencies to issue consumer and  mortgage loans in AMD terms only
 Friday, February 10 2023 11:18

ArmInfo. Armenia's commercial banks and lending agencies will from now on issue consumer and mortgage loans in AMD terms only. Armenia's Parliament is  discussing the draft amendments to the Law on Currency Control. 

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For first time in Armenia, Ameriabank added new Visa Card  Subscription feature to MyAmeria mobile app
 Thursday, February 9 2023 19:12

ArmInfo.Ameriabank has added a new Visa Card Subscription feature to the MyAmeria mobile application - a subscription to a Visa card, which is the first and only one of  its kind in Armenia. This allows MyAmeria users to see the foreign  platforms they have attached their Visa card to as a payment method  in the last 13 months. This is noted in the message of Ameriabank.

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The Power of One Dram for Artsakh
 Thursday, February 9 2023 17:28

ArmInfo.In February and March 2023, "The Power of One Dram" will support a project to install solar water heaters in Artsakh.

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Armenia in the global financial and economic map, where to start?  
 Thursday, February 9 2023 11:11

ArmInfo.Amundi-Acba brought together the leaders Armenian different sectors, to discuss the current challenges and perspectives on global macroeconomics, asset management strategy, as well as crypto-assets and block chain.

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“I considered myself successful, when I came back to my village and established the first business”, Chef Yura Sargsyan
 Wednesday, February 8 2023 17:37

ArmInfo. Chef Yura Sargsyan is from Tsaghkunk community of Gegharkunik region, which is already famous for its gastro tourism. Yura has founded two guesthouse-restaurants here, and people from around the world come here to taste his food.

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Ameriabank provides business loans totaling over AMD 14 billion to  renewable energy sector
 Tuesday, February 7 2023 17:37

ArmInfo.In the past two years, Ameriabank has loaned over AMD 14 billion to the renewable energy sector.  

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EBRD, Central Bank sign Memorandum to support  CBA in Digital  Transformation of Financial Market Infrastructure in Armenia
 Monday, February 6 2023 20:22

ArmInfo. The European Bank for Reconstruction  and Development (EBRD) and the Central Bank of Armenia signed a  memorandum under EBRD-KEXIM Joint Consultation Knowledge Sharing  Programme (KSP) with the aim to support the CBA in Digital  Transformation of Financial Market Infrastructure in Armenia. Many  thanks to @KFTC for their continued support for this initiative.  . 

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Plastic bank card blank seller tries to break into analytics market  with analytics stolen from ArmInfo
 Friday, February 3 2023 18:13

ArmInfo.Vahagn Mesropyan, the head of the Armenian company "Alfa Group" representing the "CardMaster" brand in our country, which specializes in the  production of blanks for bank cards, decided to significantly  increase his business reputation by plagiarizing banking analytical  materials from the ArmInfo information company. 

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Armenian Finance Ministry, WB representatives outline future joint  projects
 Friday, February 3 2023 17:59

ArmInfo.On February 3, Minister of Finance of Armenia Vahe Hovhannisyan received World Bank (WB) Regional Director for South Caucasus Sebastian Molineus and Molineus and Country Manager of the World Bank for Armenia Carolin Geginat.

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Converse Bank receives its second award this year
 Friday, February 3 2023 11:51

ArmInfo.Converse Bank’s activities once again have been highly appraised by our international partner. Based on our activities in 2022, the Bank was awarded Visa’s ‘Visa Direct’ award for increased number of ‘card to card’ transactions via visa card and the speed, frequency and quality of our services.

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News
Eurowings launches Berlin-Yerevan-Berlin flightsEurowings launches Berlin-Yerevan-Berlin flights
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The Power of One Dram to the Road of Life Charitable OrganizationThe Power of One Dram to the Road of Life Charitable Organization
EBRD to provide Armenia with EUR 9.3 million to support green  technologiesEBRD to provide Armenia with EUR 9.3 million to support green  technologies
WB recommends Armenia to develop investment strategy; revise  20-year-old sectoral lawWB recommends Armenia to develop investment strategy; revise  20-year-old sectoral law
In Jan-March 2024, Armenian state budget revenues increased by AMD41  billion y-o-yIn Jan-March 2024, Armenian state budget revenues increased by AMD41  billion y-o-y
Ardshinbank CJSC has announced about the launch of a new  refinancing business loanArdshinbank CJSC has announced about the launch of a new refinancing business loan
WB expert on lack of economic diversification in terms of trade  partners and export products of Armenia WB expert on lack of economic diversification in terms of trade  partners and export products of Armenia 
EAEU agreement on mutual recognition of documents on academic degreesEAEU agreement on mutual recognition of documents on academic degrees
Intellectual property protection of key importance for economic  development and investment environment - premier Intellectual property protection of key importance for economic  development and investment environment - premier 
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FLYONE ARMENIA launches Yerevan-Nice-Yerevan flights FLYONE ARMENIA launches Yerevan-Nice-Yerevan flights 
Armenia requests WB to extend Armenia Extractive Industries Transparency Initiative Support programArmenia requests WB to extend Armenia Extractive Industries Transparency Initiative Support program
Team becomes TUMO`s main technology partner Team becomes TUMO`s main technology partner 
Armenia to allocate over $6 million to host EBRD Annual MeetingArmenia to allocate over $6 million to host EBRD Annual Meeting
Turnover tax doubled in Armenia Turnover tax doubled in Armenia 
Budget programme performance mechanism to be introduced in Armenia Budget programme performance mechanism to be introduced in Armenia 
Expert: Stimulating employment is critical in fight against poverty  in ArmeniaExpert: Stimulating employment is critical in fight against poverty  in Armenia
Armenian market participants` expectations indicate gradual reduction  of refinancing rate until end of current yearArmenian market participants` expectations indicate gradual reduction  of refinancing rate until end of current year
Scientists and economists discuss deepening financial integration in  EAEU at International Conference at RAUScientists and economists discuss deepening financial integration in  EAEU at International Conference at RAU
Renshin to build World Trade Center in YerevanRenshin to build World Trade Center in Yerevan
Armenia`s MIA, ADB discuss disaster risk management engagement  opportunitiesArmenia`s MIA, ADB discuss disaster risk management engagement  opportunities
Acba Bank to start public placement of its next USD, AMD bonds on May  2Acba Bank to start public placement of its next USD, AMD bonds on May  2
Martin Galstyan points out lending activity in Armenia`s banking  system Martin Galstyan points out lending activity in Armenia`s banking  system 
Central Bank Governor: external demand is more restrained than last  yearCentral Bank Governor: external demand is more restrained than last  year
WB approves $116 million for Armenia in support of green, inclusive  and sustainable developmentWB approves $116 million for Armenia in support of green, inclusive  and sustainable development
CBA further reduces refinancing rate to 8.25% from 8.5% CBA further reduces refinancing rate to 8.25% from 8.5% 
Idram and IDBank at Career City FestIdram and IDBank at Career City Fest
Deputy premier: WB is not only donor organization, but also important  partner for ArmeniaDeputy premier: WB is not only donor organization, but also important  partner for Armenia
Cadastre: apartments have risen in price by 12.9% over year in  Yerevan, with purchasesale transactions increasing by 39.8%Cadastre: apartments have risen in price by 12.9% over year in  Yerevan, with purchasesale transactions increasing by 39.8%
Over 10 cases initiated against biometric personal data processorsOver 10 cases initiated against biometric personal data processors
IT companies increased tax payments to state budget by 3.5%IT companies increased tax payments to state budget by 3.5%
High-Tech Minister visits Digitain,  one of leading Armenian  companies in iGaming High-Tech Minister visits Digitain,  one of leading Armenian  companies in iGaming 
Moscow reacts to gas overtures between Yerevan and Baku Moscow reacts to gas overtures between Yerevan and Baku 
Abgar Budaghyan: In 2040-2050, Armenia will be able to independently  meet its energy demand through NPP and renewable energy sourcesAbgar Budaghyan: In 2040-2050, Armenia will be able to independently  meet its energy demand through NPP and renewable energy sources
Expert: Armenia`s energy independence level  is about 27%Expert: Armenia`s energy independence level  is about 27%
Converse Bank bonds were bought in primary market within daysConverse Bank bonds were bought in primary market within days
ACBA Bank tops list of large taxpayers among Armenian banks in Q1  2024ACBA Bank tops list of large taxpayers among Armenian banks in Q1  2024
Armenia`s government plans introducing SAFE format Armenia`s government plans introducing SAFE format 
Armenia`s Civil Aviation Committee to render paid servicesArmenia`s Civil Aviation Committee to render paid services
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RA government to return to initial route of laying Armenia-Georgia  power line with construction of electrical substation near Ddmashen  village RA government to return to initial route of laying Armenia-Georgia  power line with construction of electrical substation near Ddmashen  village 
Yerevan ready to discuss purchase of Azerbaijani gas with Baku -  SimonyanYerevan ready to discuss purchase of Azerbaijani gas with Baku -  Simonyan
Taxable jobs 5% up in Armenia Taxable jobs 5% up in Armenia 
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ArmSwissBank Brings Apple Pay to CustomersArmSwissBank Brings Apple Pay to Customers
Armenia participates in 80th session of UNESCAPArmenia participates in 80th session of UNESCAP
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Armenian Economy Minister offers Japanese side to expand cooperation  in agriculture and water resources managementArmenian Economy Minister offers Japanese side to expand cooperation  in agriculture and water resources management
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