Thursday, October 13 2022 21:39
ArmInfo.Global Finance has announced its annual rankings of the World’s Safest Banks 2022, with Ameriabank named the Safest Bank in Armenia for the second year in a row. >>>
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Thursday, October 13 2022 17:05
ArmInfo.Converse Bank has expanded the list of mortgage loans by starting the financing of energy efficient renovations within the scope of the government support program. >>>
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Thursday, October 13 2022 12:58
ArmInfo.The Armenian and Dutch Ministries of Finance have signed a memorandum of understanding on the sidelines of the 2022 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington D.C. >>>
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Wednesday, October 12 2022 17:23
ArmInfo. With the introduction of new technologies, Acba Bank continues to develop non-cash payments in Armenia as part of its digital transformation. Acba is the first in Armenia to present the Acba SoftPOS mobile application, based on Visa Tap to Phone technology, which enables to turn an Android-based smartphone with an NFC-enabled module into a POS terminal without additional equipment. >>>
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Wednesday, October 12 2022 13:22
ArmInfo.The Central Bank of Armenia urges to refrain from financial services offered by financial organizations not licensed by the regulator. This is noted in the message of the Central Bank of the Republic of Armenia. The message of the Central Bank states: " Taking into account the recent activation of fraudsters, the Central Bank of RA urges to refrain from transferring funds or card data to third parties, not to use financial services offered by financial organizations not licensed by the Central Bank." >>>
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Tuesday, October 11 2022 15:49
ArmInfo. The European Fund for Southeast Europe (EFSE) has extended a USD 10 million five-year facility to AraratBank for financing of micro, small and medium businesses (MSMEs) affected by the economic, social, and security challenges triggered by the Russia-Ukraine war, prioritizing those operating in crisis-relevant sectors. >>>
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Tuesday, October 11 2022 15:47
ArmInfo. The European Bank for Reconstruction and Development will provide a $4 million loan to HSBC Bank Armenia, the EBRD said in an official statement. It is noted that $3 million will be provided directly by the EBRD and $1 million by the Green
Climate Fund (GCF) under the Regional Green Economy Financing
Facility (GEFF). >>>
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Monday, October 10 2022 13:00
ArmInfo.Armenia's national debt exceeded $9.992bln by this September - a 12% year-on-year increase, and an 8.3% increase this January-August. Specifically,
Armenia's foreign debt showed a 5.5%, year-on-year decrease, with the
domestic debt showing a 61.1% increase. This January-August,
Armenia's foreign debt showed a 5.4% increase, with the country's
domestic debt showing a 43.7% increase, reaching $6.4bln and $3.7bln
respectively. >>>
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Monday, October 10 2022 12:31
ArmInfo.The technology developed by the Revalcon startup simplifies the entire irrigation process: the process is controlled by mobile and web applications. >>>
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Thursday, October 6 2022 15:43
ArmInfo. During September, 4.676.836 payments were made through the Idram&IDBank application, IDBank and Idram terminals and the IDBanking.am online platform, therefore, within the framework of “The Power of One Dram” initiative 4.676.836 AMD will be sent to the beneficiary of September the “4090” Foundation. >>>
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Tuesday, October 4 2022 17:18
ArmInfo.an. The net inflow of transfers from individuals in January- August 2022 sharply
accelerated y-o-y growth from 58.2% to 2.4-fold, reaching $1.4
billion, almost 5-fold higher than the pre-Covid volume of the
comparable period in 2019. >>>
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Tuesday, October 4 2022 14:19
ArmInfo. The Armenian economy demonstrates high
growth rates, the main driver of which is the service sector. This is
stated in the September Macroeconomic Review of the Eurasian
Development Bank (EDB). >>>
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Saturday, October 1 2022 14:47
ArmInfo.The net inflow of transfers from individuals in January- July 2022 compared to the same period in 2021 increased 2.3-fold (from 78.5% growth a year earlier),
exceeding $1.1 billion, which is largely supported by a multiple
growth in remittances from Russia, with a weakening upward pace of
transfers from the United States. This is evidenced by the data of
the Central Bank of the Republic of Armenia. >>>
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Friday, September 30 2022 13:49
ArmInfo.AMX|Armenia Securities Exchange and
Central Depository of Armenia successfully completed the ISO
27001:2015 and ISO 9001:2013 recertification for information security
and quality management systems. >>>
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Friday, September 30 2022 11:52
ArmInfo.The Central Bank of Armenia further improved its forecast for 2022, expecting real growth in exports by 28% and imports by 24%, against the previously
projected 5.1% and 8.3%, respectively. This is noted in the Monetary
Policy Program (MPP) of the Central Bank for the third quarter of
2022, published on September 28, which indicates a more improved
forecast for GDP growth for 2022 from the previous 4.9% to an updated
12.9% (against the actual 5.7 % growth in 2021). >>>
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Thursday, September 29 2022 20:14
ArmInfo.To help smaller businesses in Armenia thrive, IFC is providing a new $15 million loan to Evocabank, that will help support growth and job creation amid the lingering impacts of COVID-19. >>>
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Thursday, September 29 2022 13:22
ArmInfo. In 2023, government debt will be reduced to 50% of GDP, from expected 60.3% in 2021 and 53% by the end of 2022. This was stated by Minister of Finance Tigran
Khachatryan, presenting the draft state budget for 2023 at a
government meeting on September 29. >>>
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Thursday, September 29 2022 12:23
ArmInfo.Armenia will close this year with an economic growth of 11%-12% against the budgeted 7%, Armenia's Minister of Finance Tigran Khachatryan stated on Thursday
as he presented the 2023 draft budget. >>>
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Thursday, September 29 2022 11:36
ArmInfo. The Yerevan Municipality and the Asian Development Bank (ADB) are discussing new areas of cooperation. >>>
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Wednesday, September 28 2022 19:20
ArmInfo. The Central Bank of Armenia forecasts a slowdown in GDP growth in 2022-2023 from 12.9% to 4.4%, and a decrease in inflation from 10.3% to the target 4%. This
is noted in the Monetary Policy Program (MPP) of the Central Bank for
the third quarter of 2022, published at the end of September. >>>
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