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.

International reserves of Armenia reaches historical maximum by July  2022
 Monday, August 1 2022 11:28

ArmInfo.Armenia's gross international reserves increased by 6.8% in H1  2022 (against 19% growth a year earlier) or by $220.7 million, reaching a historic  maximum of $3.451 billion, according to the data of the Central Bank  of the Republic of Armenia.  

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More funds for government-sponsored medical services 
 Monday, August 1 2022 11:21

ArmInfo.Armenian's government has approved on Monday increased funding of government-sponsored medical services for 2022. 

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Ameriabank leads in list of largest taxpaying banks in Armenia
 Thursday, July 28 2022 18:35

ArmInfo.In H1 2022, the banking system of Armenia sent more than 32 billion drams or $80.7 million to the state treasury through taxes, which is 31% more than a  year ago.

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Over 500 Armenian servicemen to benefit from soft lending programme
 Thursday, July 28 2022 12:59

ArmInfo.Over 500 Armenian servicemen will benefit from a soft lending programme. Armenia's government has approved a relevant decision. 

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Armenian assets of GeoProMining Group of Compaines significantly  increase payments to state budget
 Wednesday, July 27 2022 16:39

ArmInfo. Armenian assets of GeoProMining Group of Compaines have significantly increased payments to the state budget. 

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Converse Bank completes distribution of bonds ahead of schedule
 Tuesday, July 26 2022 17:59

ArmInfo.Converse Bank has completed the distribution of nominal coupon bonds totaling 2 billion AMD and 10 million USD ahead of schedule.

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Converse Bank offers new loans to SME’s
 Monday, July 25 2022 17:46

ArmInfo.Converse Fast and Converse Fast Plus loans are now available also in US dollars and Euros.

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Participants of CaseKey Competition visit Team Telecom Armenia
 Monday, July 25 2022 17:29

ArmInfo. Team Telecom Armenia received the participants of the CaseKey Business Case Competition, who got acquainted with the company's strategic plans, rebranding  process, professional growth opportunities, vacancies and received  answers to questions regarding the company and to the field of  information and communication technologies.

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Travel agencies offering Russian tourists to get bank cards in  Armenia
 Monday, July 25 2022 10:44

ArmInfo. Travel agencies are offering Russian tourists to get bank cards in Armenia. 

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Converse Bank offers mortgages for up to 100% of property purchase price
 Friday, July 22 2022 19:23

ArmInfo.Converse Bank launches mortgage loans with bank’s own resources while offering competitive conditions. The bank offers up to 100% financing for the purchase of real estate with a repayment period of up to 20 years.

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Converse Bank offers short-term loans to SMEs.
 Thursday, July 21 2022 17:31

ArmInfo.Converse Bank offers short-term loans to SMEs in three currencies– AMD, USD and EUR at 12-month maturity max for financing short-term liquidity.

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AraratBank rolls out a new service - Fora-Online
 Thursday, July 21 2022 17:22

ArmInfo.AraratBank has expanded its remittance network, undertaking a new cooperation with Fora Bank.

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Share of internal debt in Armenia`s government debt 36.6% in Jan-June  2022
 Wednesday, July 20 2022 11:06

ArmInfo.This January-June, Armenia's national debt increased by $706.2mln or 7.7% and reached $9, 931.8mln. Armenia's national debt in AMD terms decreased by AMD  374.3bln or 8.5%, amounting to AMD 4,055.3bln, mainly due to AMD  appreciation against thee USD. 

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VTB to launch pilot project for cross-border transfers of individuals  through FPS in autumn
 Tuesday, July 19 2022 16:53

ArmInfo. VTB plans to launch a pilot project for cross-border transfers of individuals to the CIS countries through the Faster Payments System (FPS) this autumn.   Anatoly Pechatnikov, Deputy Chairman-Mgmt Board at VTB Bank, said  this in an interview with the Rossiya 24 TV channel.

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Armenian Finance Minister, Head of EIB Regional Representation  discuss implementation of joint projects
 Tuesday, July 19 2022 15:16

ArmInfo. RA Minister of Finance Tigran Khachatryan received Maciej Czura, Head of European Investment Bank (EIB) Regional Representation of the South Caucasus. 

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Ameriabank Receives Euromoney Award for Excellence as the Best Bank in Armenia for 2022
 Monday, July 18 2022 19:47

ArmInfo.Euromoney has named Ameriabank the Best Bank of Armenia in its Awards for Excellence 2022, which were announced at a ceremony in London. The prestigious Awards, run since 1992 by a leading European finance magazine, evaluates levels of financial performances, the service quality, product innovation, digitalization and other achievements across the banking industry.

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Receive money from Tinkoff by phone number
 Friday, July 15 2022 15:54

ArmInfo.AraratBank comes up with a completely new offer for AraratBank account holders.

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EDB: Decorrelation of the dynamics of national currencies is a new  phenomenon in the EAEU+
 Thursday, July 14 2022 16:59

ArmInfo.The economic situation in the member states of the Eurasian Development Bank (EDB) has a multidirectional development. If the economies of Russia and Belarus, under the strong pressure of sanctions, experienced a decrease in business activity,  then economic activity in Kazakhstan, Armenia and Kyrgyzstan, showed  strong dynamics.

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EDB: Services and trade are the main drivers of economic activity in  Armenia
 Thursday, July 14 2022 16:45

ArmInfo. With a significantly stronger -than-expected Q2 indicator and continued observed activity in Q3, economic growth in Armenia this year will exceed EDB's baseline  forecast.

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Armenia`s government to allocate funds to fire-fighting and rescue  services 
 Thursday, July 14 2022 12:33

ArmInfo. Armenia's government will allocate AMD 1.2bln to the Ministry of Emergency Situations for maintaining and purchasing special equipment. 

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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