Rocket Line - now for 60 months: Idram and IDBank

 Friday, May 17 2024 18:45:05
Rocket Line - now for 60 months: Idram and IDBank

ArmInfo.What if we tell you that Rocket Line is now for longer period than you expected? Yes, we do everything possible so that you have the most comfortable conditions for your daily payments.

Ardshinbank holds a campaign 10000 AMD for every 300th client making a money transfer
 Thursday, December 1 2022 12:23

ArmInfo.From December 1 to December 30, Ardshinbank is holding a campaign for clients using fast money transfer systems. As part of the campaign, bank will pay a bonus of AMD 10000 right on the spot to every 300th client who sends or receives a transfer through any of the fast money transfer systems.

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On December 1, Ameriabank to start initial placement of next tranche  of USD bonds in amount of $10 million
 Wednesday, November 30 2022 18:18

ArmInfo. On December 1, Ameriabank will begin the initial placement of the next tranche dollar  nominal,  coupon-non-documentary bonds with an  issue volume  of $10 million.

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Models of cooperation between public and private sectors are being  developed in Armenia
 Wednesday, November 30 2022 18:16

ArmInfo. Deputy Minister of Education, Science, Culture and Sports of the Republic of Armenia Karen Trchunyan received representatives of the Asian Development  Bank (ADB).  

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Evocabank launches new contactless cashless payment tool- mPOS for  business entities
 Wednesday, November 30 2022 18:01

ArmInfo. Evocabank has launched a new contactless cashless payment tool - mobile POS (mPOS) for simplified and quick receipt of payments by business entities. This  is noted in the message of Evocabank

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Joint Initative of HSBC Bank in Armenia and Jinishian Memorial Foundation (JMF) promotes innovative and sustainable agriculture among the small holder farmers.
 Wednesday, November 30 2022 17:59

ArmInfo.On December 2, the opening ceremony of the joint project  "Skill Building of Rural Farmers for Effective & Innovative Greenhouse Management”  will take place at Yerevan Hall of Holiday Inn Hotel. The total project budget is USD19,780 of which USD14,300 is donated by HSBC Bank Armenia CJSC. JMF has also commited around 100 million AMD to serve as a loan capital for this project.

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Civil Contract nominates Armen Nurbekyan for post of CBA Deputy  Chairman 
 Wednesday, November 30 2022 17:00

ArmInfo.The ruling Civil Contract faction of the National Assembly nominated Armen Nurbekyan for the post of the Deputy Chairman of the Central Bank of the  Republic of Armenia.

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Vahan Kerobyan: Our goal is to bring the volume of investments to 25%  of GDP
 Wednesday, November 30 2022 16:52

ArmInfo.Gross savings (investments) of Armenia by July 2022 rose by 51%. Armenian Minister of Economy Vahan Kerobyan stated this in a conversation with  journalists on the sidelines of an event dedicated to the 15th  anniversary of the Investment Council of Armenia (ICA) in Armenia.

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Ameria PhonePOS.  New application for receiving non-cash payments with a smartphone
 Wednesday, November 30 2022 14:20

ArmInfo.Ameriabank has launched a new tool for contactless non-cash payments - Ameria PhonePOS, enabling the clients to use a smartphone as a POS-terminal and receive payments anywhere in a convenient, fast and reliable manner.

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EDB developed concept for establishing platform on which  multicurrency digital transactions may be carried out - Tigran  Sargsyan
 Wednesday, November 30 2022 14:19

ArmInfo. The task of the Eurasian Development Bank is to provide such digital solutions that would facilitate cross-country foreign exchange transactions in  digital currencies.

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EDB forecasts 4.2% GDP growth in Armenia in 2023 and gradual  devaluation of AMD
 Tuesday, November 29 2022 16:40

ArmInfo. According to the baseline forecast of the EDB, Armenia's GDP in 2023 will increase by 4.2%. 

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Another dollar tranche of bonds from IDBank
 Monday, November 28 2022 17:14

ArmInfo.On November 28, IDBank will issues a new nominal, coupon, non-documentary, non-convertible dollar tranche under the abbreviations AMANLBB2KER0.

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AraratBank acts as an underwriter of National Mortgage Company RCO bonds  
 Monday, November 28 2022 16:09

ArmInfo.National Mortgage Company RCO CJSC is planning to issue and underwrite AMD-denominated coupon bonds on December 6, 2022. ARARATBANK OJSC will act as an underwriter of bonds.

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Converse Bank customer wins Visa campaign
 Friday, November 25 2022 20:38

ArmInfo.Converse Bank customer became the winner of Visa x FIFA World Cup Qatar 2022TM campaign.  He won a ticket to the finals of the FIFA World Cup in live lottery draws and was awarded the prize during the celebration of the 20th Anniversary of Visa in Armenia “courtesy of Visa.”

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AraratBank launches Google Pay for its card users
 Friday, November 25 2022 12:11

ArmInfo.Starting today, AraratBank will support Google Pay, enabling cardholders to take advantage of simple and secure contactless payments and digital card storage on both Android and WearOS devices.

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IDBank  “Malatia" branch now more comfortable and modern
 Wednesday, November 23 2022 11:55

ArmInfo."Malatia" branch of IDBank has reopened. As noted by the Bank's communications department, the new branch is fully in line with IDBank's innovative approach and supports convenient customer service.

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It is already possible to make payments with IDBank cards via Apple Pay
 Tuesday, November 22 2022 20:57

ArmInfo.We know you've been waiting for this news. We are happy to announce that IDBank cardholders can now make payments via Apple Pay.

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Converse Bank announces the launch of the  new coupon bonds placement
 Tuesday, November 22 2022 19:42

ArmInfo.Converse Bank will launch the next round of coupon bonds placement totaling 3 billion AMD and 10 million USD on 22nd November 2022.

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Success of the family business based in Tavush: from a home to a guest house and a small winery
 Saturday, November 19 2022 23:14

ArmInfo.The nature of Tavush and warm family welcome are the business cards of Berkri guest hiuse in Yenokavan; numerous guests from all around the world come here.

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Armenia sings two loan agreements with AFD, ADB
 Friday, November 18 2022 14:23

ArmInfo.As part of a joint budget assistance program based on the Fiscal Stability and Financial Markets Development Program Policy, two loan agreements were signed  yesterday at the Finance Ministry of Armenia: a100,000,000 Euro loan  agreement between Armenia and the French Development Agency (AFD)  two-tier) and a 100,000,000 US dollar loan agreement between Armenia  and the Asian Development Bank (ADB).

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Vice-President of Interstate Bank: After the developments at the  beginning of 2022, the turnover in the national currencies in the  correspondent banks of the Interstate Bank has increased  significantly
 Thursday, November 17 2022 22:36

ArmInfo.After the developments at the beginning of 2022 (the Russian-Ukrainian military conflict - ed. note), the turnover in national currencies in the  correspondent banks of the Interstate Bank has increased  significantly. Igor Chumakovskiy, Vice-President of the Interstate  Bank, said this in response to a question from ArmInfo during a press  conference on November 17 at the press center of the Sputnik agency.  At the same time, he mentioned that the position of the Russian ruble  in settlements is, of course, leading.

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News
Double increase in turnover tax rate will stimulate transition to  common taxation system: Deputy MinisterDouble increase in turnover tax rate will stimulate transition to  common taxation system: Deputy Minister
Rocket Line - now for 60 months: Idram and IDBankRocket Line - now for 60 months: Idram and IDBank
Rising prices for services, going into shadows and closing businesses  - incomplete list of Rising prices for services, going into shadows and closing businesses  - incomplete list of "expectations" from revision of turnover tax  rate from SME Cooperation Association President
Liability for misrepresented information is proposed in ArmeniaLiability for misrepresented information is proposed in Armenia
Government proposes to make changes to car trade system within  Government proposes to make changes to car trade system within  "Trade-in" program
Armswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transitionArmswissbank attracts us$ 10 million loan package from EBRD to support competitiveness and green transition
Armenian lawyers unwilling to pay taxes on universal basisArmenian lawyers unwilling to pay taxes on universal basis
EU Commissioner: EU will continue to contribute to economic  development of ArmeniaEU Commissioner: EU will continue to contribute to economic  development of Armenia
PM discusses opportunities for diversifying Armenian economy with WB,  IFC management PM discusses opportunities for diversifying Armenian economy with WB,  IFC management 
EBRD President considers programs implemented by Bank useful for  development of private sector in ArmeniaEBRD President considers programs implemented by Bank useful for  development of private sector in Armenia
EBRD lends up to US$ 10 million to Armeconombank for MSME on-lendingEBRD lends up to US$ 10 million to Armeconombank for MSME on-lending
Armenia benefits greatly from influx of capital and IT specialists -  EBRD chief economistArmenia benefits greatly from influx of capital and IT specialists -  EBRD chief economist
Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027Finance Ministry, French Development Agency sign cooperation  agreement for 2024-2027
Idram Junior and Koreez signed a memorandum of cooperationIdram Junior and Koreez signed a memorandum of cooperation
During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.During the 33rd EBRD Business Forum, Ardshinbank hosted a panel discussion on economic and trade sanctions.
Government to allocate additional AMD 3 billion to finance state  order for healthcareGovernment to allocate additional AMD 3 billion to finance state  order for healthcare
EBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEsEBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEs
Pankin: Armenia`s suspension of CSTO funding isn`t tragedyPankin: Armenia`s suspension of CSTO funding isn`t tragedy
Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion Armenian government approves program for providing housing to  families from Artsakh; expenses estimated at  AMD 10-12 billion 
EBRD Governors re-elect President Odile Renaud-Basso for second termEBRD Governors re-elect President Odile Renaud-Basso for second term
EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia EBRD, USAID to develop transport infrastructure of Armenia,  Azerbaijan, Georgia 
No specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFANo specific dates for the entry into force of the law on compulsory  life insurance for tourists visiting Georgia - RA MFA
Pashinyan: all those who have the necessary skills, abilities and  desire can make a profit in ArmeniaPashinyan: all those who have the necessary skills, abilities and  desire can make a profit in Armenia
Odile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factorsOdile Renaud-Basso: Armenian economy continues to grow despite  numerous negative factors
Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines Minister of Territorial Administration and Infrastructures refrains  from specifying North-South Road Corridor Investment Program`s  implementation costs and deadlines 
EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%
EBRD promises unprecedented investments in Armenian economyEBRD promises unprecedented investments in Armenian economy
FMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollarsFMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollars
Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President Lending for construction of southern section of Sisian-Kajaran road  will be largest program ever implemented by EBRD in Armenia - Bank  President 
French Development Agency, Armenian government to expand cooperation  areas and programs` scope French Development Agency, Armenian government to expand cooperation  areas and programs` scope 
The Power of One Dram Sums up the Two-Year Program with Teach for ArmeniaThe Power of One Dram Sums up the Two-Year Program with Teach for Armenia
Noubar Afeyan willing to use his potential to strengthen Armenia Noubar Afeyan willing to use his potential to strengthen Armenia 
Ministry of Economy of Armenia denies that growth in agricultural  exports is due to re-exportsMinistry of Economy of Armenia denies that growth in agricultural  exports is due to re-exports
Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%
EBRD funds customs and logistics centre in SyunikEBRD funds customs and logistics centre in Syunik
Grigori Zakaryan: “Capital markets have a crucial for economic development.”Grigori Zakaryan: “Capital markets have a crucial for economic development.”
Ambassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEUAmbassador of Kazakhstan: priorities for development of Eurasian integration proposed by Armenia will allow us to intensify mutually  beneficial cooperation within EAEU
EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEsEBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs
Thanos Arvanitis: The time has come for Armenia to accelerate reformsThanos Arvanitis: The time has come for Armenia to accelerate reforms
Armenia to host 33rd EBRD Business Forum with flagship sponsorship of ArdshinbankArmenia to host 33rd EBRD Business Forum with flagship sponsorship of Ardshinbank
EAEU economic operators will become more recognizable when carrying  out foreign economic activitiesEAEU economic operators will become more recognizable when carrying  out foreign economic activities
Martin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decreaseMartin Galstyan: If background is favorable, reduction in key rate  will result in lending rates decrease
About 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economyAbout 75% of Armenia`s exports are precious metals and stones, which  speaks of vulnerability of Armenia`s economy
92% tax revenues recorded in Armenia in 1st quarter of 2024 92% tax revenues recorded in Armenia in 1st quarter of 2024 
IDBank issues the 2nd tranche of dollar bonds of 2024IDBank issues the 2nd tranche of dollar bonds of 2024
Armenia to be next country to host ACE programArmenia to be next country to host ACE program
Armenia agrees to EBRD expansion Armenia agrees to EBRD expansion 
Alkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure developmentAlkis  Drakinos : It is necessary to first pick the low hanging fruit  to ensure development
CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%CBA Governor: Overheating of prices in Armenian real estate market  may have ranged from 20-30%
Government writes off 469 financial obligations of Artsakh citizens  on loans secured by goldGovernment writes off 469 financial obligations of Artsakh citizens  on loans secured by gold
Food products, services cause of 0.8% inflation in Jan-Apr 2024 Food products, services cause of 0.8% inflation in Jan-Apr 2024 
Armenia`s Deputy Premier receives IMF delegationArmenia`s Deputy Premier receives IMF delegation
Armenian Economy Minister travels to USA on week-long working visitArmenian Economy Minister travels to USA on week-long working visit
Armenia is trapped in Armenia is trapped in "Dutch disease" - economist
“By Your Side”: IDBank`s new support program for displaced Artsakh citizens“By Your Side”: IDBank`s new support program for displaced Artsakh citizens
Team Telecom Armenia develops Be Free packageTeam Telecom Armenia develops Be Free package
Armenia scares with its high prices: Economist sounds alarm due to  reduction in exports of servicesArmenia scares with its high prices: Economist sounds alarm due to  reduction in exports of services
Large crayfish farming complex to be built in Shirak: volume of  investments totals AMD 300 millionLarge crayfish farming complex to be built in Shirak: volume of  investments totals AMD 300 million
Eurowings launches Berlin-Yerevan-Berlin flightsEurowings launches Berlin-Yerevan-Berlin flights
Russia bans sugar exports; 28 thousand tons allowed to be exported to  ArmeniaRussia bans sugar exports; 28 thousand tons allowed to be exported to  Armenia
Read more


Exchange rates
17.05.2024
RUB4.26-0.01
USD387.60-0.49
EUR420.12-1.81
GBP490.31-1.36
CAD284.16-0.61
JPY24.87-0.22
CNY53.63-0.14
CHF426.22-3.84


Experts
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Expert on Armenia`s international trade growth against Expert on Armenia`s international trade growth against "miserable  trade pattern"  
Expert: Armenia should use Georgian, Turkish transit opportunitiesExpert: Armenia should use Georgian, Turkish transit opportunities
Read more

Commented
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientistYerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientist
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in ArmeniaGevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia
Bank of Georgia announces proposed acquisition of Ameriabank for  $303.6 millionBank of Georgia announces proposed acquisition of Ameriabank for  $303.6 million

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2