Martin Galstyan points out lending activity in Armenia`s banking system Tuesday, April 30 2024 17:02:00
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 ArmInfo. The head of the Central Bank of Armenia, Martin Galstyan, pointed out the lending activity in the banking system of Armenia. He announced this on April 30 during the press conference held in connection with the next reduction of the refinancing rate, this time to 8.25%. |
Tuesday, November 14 2023 14:38
ArmInfo.An analysis of the stability of the RA government's debt shows that although the latter is stable, manageable and low-risk, it is sensitive to economic growth as well as exchange rate shocks, reads the 2024 budget message. >>> |
Monday, November 13 2023 16:47
ArmInfo. On the eve of Black Friday, from November 10 to December 1 inclusive, order Visa Digital, Visa Gold, Travel, Visa Platinum, Mastercard Standard cards from IDBank and receive a 50% discount for the entire validity period. >>> |
Thursday, November 9 2023 11:39
ArmInfo.Armenia is amending its financial agreement with the European Investment Bank (EIB) aimed at restoring the water supply network in the city of Yerevan. >>> |
Wednesday, November 8 2023 16:21
ArmInfo.Idram and IDBank summarize the October program of the "The power of one dram" initiative. During the previous month, the entire amount collected from the "one drams" transferred for each payment made by the Bank and Idram customers, the sum of which is AMD 3,580,216, was transferred to the "Hayordi" initiative. >>> |
Wednesday, November 8 2023 12:24
ArmInfo.An International Monetary Fund (IMF) team, led by Iva Petrova, visited Yerevan during September 13-25 to hold discussions with the Armenian authorities for the 2023 Article IV consultation and the second review under the Stand-By Arrangement (SBA) with Armenia. At the conclusion of the discussions, Ms. Petrova issued the following statement: >>> |
Wednesday, November 8 2023 12:17
ArmInfo.Maintaining macroeconomic stability in 2024 will make it possible to better manage public debt, keeping its volume at less than 50% of the country's GDP, Minister of Finance Vahe Hovhannisyan stated on November 8 at a meeting of the Committee on Finance and Budget, RA Parliament, as he presented the draft state budget of the country for next year. >>> |
Monday, November 6 2023 15:37
ArmInfo.The total amount of interstate loans issued by the Republic of Armenia to the Republic of Artsakh from 1993 to 2023 amounted to 1 trillion 155 billion 973 million drams or about $2.9 billion at the current exchange rate. This was reported by the Ministry of Finance of the Republic of Armenia in response to a request from ArmInfo. >>> |
Monday, November 6 2023 14:00
ArmInfo.In the 2024 financial year, it is planned to allocate AMD 168.022bln to the needs of the Ministry of Health of Armenia, RA Minister of Finance Vahe Hovhannisyan stated on November 6 during discussions in the commissions of the National Assembly of the Republic of Armenia when discussing the draft state budget of the country for 2024. >>> |
Monday, November 6 2023 10:31
ArmInfo.Prime Minister Nikol Pashinyan visited Gegharkunik Province and attended the opening ceremony of the new building of the Martuni Medical Center. >>> |
Friday, November 3 2023 18:03
ArmInfo.HSBC Bank Armenia CJSC (hereinafter HSBC Armenia/Bank) announces that, effective from 6 November 2023, the Bank’s Head Office will be relocated to a new, comfortable and modern facility at the following address: 42 Paronyan street, Yerevan. >>> |
Friday, November 3 2023 10:52
ArmInfo. In 2024, AMD 16.7bln will be allocated to the needs of the Ministry of Foreign Affairs of Armenia. RA Minister of Finance Vahe Hovhannisyan stated this during discussions on the draft state budget of the country for 2024 at a meeting of the commissions of the National Assembly of the Republic of Armenia. >>> |
Thursday, November 2 2023 16:28
ArmInfo.Considering the successful strategic cooperation of the two companies and the convergence of development visions, Idram and IDBank consolidated within ID Group Armenian holding, which currently controls 100% of the shares of Idram and IDBank. >>> |
Thursday, November 2 2023 13:09
ArmInfo. About a thousand investors became shareholders of Team Telecom Armenia. According to the company's press service, the initial public offering of 40 million shares of Team Telecom Armenia worth AMD 8.2bln was successfully completed. Ameriabank CJSC acts as market maker. >>> |
Thursday, November 2 2023 13:06
ArmInfo. Armenia's government will co-fund pilot programmes in four Armenian communities. >>> |
Thursday, November 2 2023 11:25
ArmInfo.According to World Economic Magazine, a well-known financial journal, EasyPay has been recognized as the best financial company in two categories: “Best Services Provider to Government Sector Armenia 2023” and “Best Auto Finance Company Armenia 2023”. >>> |
Thursday, November 2 2023 11:08
ArmInfo.In 2024, AMD 345.417bln will be allocated to finance programs in the fields of education, science, culture, sports and youth, Deputy Minister of Finance Vahan Sirunyan stated at a hearing in the commissions of Armenia's Parliament. >>> |
Tuesday, October 31 2023 20:17
ArmInfo. Unlike 2022, when the Armenian banking system received most of its profits from services provided to non-residents (accounts, payment cards, currency transactions, ed. note), in 2024 there is a serious demand for credit products, which will allow banks to more thoroughly generate profits. Governor of the Central Bank of Armenia Martin Galstyan stated during a press conference on October 31. >>> |
Tuesday, October 31 2023 18:33
ArmInfo.The British financial magazine Euromoney has awarded Ardshinbank with two prestigious titles: "Best Corporate Bank" and "Best Bank for ESG" (Environmental, Social, and Governance). Earlier in 2023, Euromoney named Ardshinbank the best bank in Armenia for the third time. The "Euromoney Awards for Excellence" competition is held annually, and international experts select the best banks from 100 countries in various categories. >>> |
Tuesday, October 31 2023 18:24
ArmInfo.IDBank has released the first metal vertical card in RA, Visa Infinite Special Edition, with exclusive features. >>> |
Tuesday, October 31 2023 18:09
ArmInfo. HSBC Bank Armenia CJSC (hereinafter HSBC Armenia/Bank) has been awarded two recognitions by the reputable Euromoney Awards for Excellence 2023. The Bank has been recognized for its strong commitment to Corporate Social Responsibility (CSR) and its efforts in promoting Diversity & Inclusion (D&I) within the Armenian banking industry. >>> |
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