ArmInfo. In the insurance market of Armenia, the loss ratio for Compulsory Motor Third Party Liability (CMPTL) continues to grow, up to 66% as of October 1, 2023, from last year's 64%, according to the data from the Motor Insurers' Bureau of Armenia.
ArmInfo. Armenian banks are reviving their credit policy after "resting on immigrants' laurels". This must be done quickly and competently in order to maintain profit growth and avoid its serious decline.
ArmInfo.The information on social networks about the alleged withdrawal of funds from social assistance by Armenian banks to forcibly displaced residents of Artsakh is pure insinuation and fake.
ArmInfo.The information on social networks about the alleged withdrawal of funds from social assistance by Armenian banks to forcibly displaced residents of Artsakh is pure insinuation and fake.
ArmInfo.The EFES Insurance CJSC has de facto returned to the Armenian market. Having registered with the Central Bank at the end of July this year, EFES Insurance CJSC managed to establish partnerships with six banks and the largest leasing company in Armenia as well as with a number of travel agencies, by October. In total, 51 organizations already act as insurance agents of EFES, including ACBA Bank, Converse Bank, Araratbank, Evokabank, Inecobank, Byblos Bank and ACBA Leasing.
ArmInfo.The EFES Insurance CJSC has de facto returned to the Armenian market. Having registered with the Central Bank at the end of July this year, EFES Insurance CJSC managed to establish partnerships with six banks and the largest leasing company in Armenia as well as with a number of travel agencies, by October. In total, 51 organizations already act as insurance agents of EFES, including ACBA Bank, Converse Bank, Araratbank, Evokabank, Inecobank, Byblos Bank and ACBA Leasing.
ArmInfo. In Armenia, the growth of economic activity in January-August 2023 slowed to 10.4% per annum (from 13.9% a year earlier), accompanied by a noticeable slowdown in the upward dynamics of exports and imports, according to the final data of the RA Statistical Committee.
ArmInfo. In Armenia, the growth of economic activity in January-August 2023 slowed to 10.4% per annum (from 13.9% a year earlier), accompanied by a noticeable slowdown in the upward dynamics of exports and imports, according to the final data of the RA Statistical Committee.