ArmInfo.As of January 1, 2024, the total number of cards in the Armenian plastic market reached more than 3.722 million cards, with a y-o-y growth of 17%. At the same time, micro- processing cards with an NFC chip have increased 3-fold over three years, including by 24% in 2023 (versus 45% in 2022), amounting to 2.6 million cards, with their dominance growing in the total number of cards to almost 70%, by data from the Central Bank of the Republic of Armenia.
ArmInfo.As of January 1, 2024, the total number of cards in the Armenian plastic market reached more than 3.722 million cards, with a y-o-y growth of 17%. At the same time, micro- processing cards with an NFC chip have increased 3-fold over three years, including by 24% in 2023 (versus 45% in 2022), amounting to 2.6 million cards, with their dominance growing in the total number of cards to almost 70%, by data from the Central Bank of the Republic of Armenia.
ArmInfo. S&P Global Ratings affirmed its 'BB-/B' long- and short-term foreign- and local-currency sovereign credit ratings on Armenia. The outlook on the long-term ratings is stable.
ArmInfo.Economic activity in Armenia increased by 10.7% in January 2024 compared to January 2023 (versus 10.5% growth a year earlier). In January alone, economic activity decreased by 45.1% (versus a 46.1% decline in January 2023), and the decline was recorded in all areas except the energy complex, according to the preliminary data from the RA Statistical Committee.
ArmInfo. S&P Global Ratings affirmed its 'BB-/B' long- and short-term foreign- and local-currency sovereign credit ratings on Armenia. The outlook on the long-term ratings is stable.
ArmInfo.Economic activity in Armenia increased by 10.7% in January 2024 compared to January 2023 (versus 10.5% growth a year earlier). In January alone, economic activity decreased by 45.1% (versus a 46.1% decline in January 2023), and the decline was recorded in all areas except the energy complex, according to the preliminary data from the RA Statistical Committee.
ArmInfo. From April 2024, the policyholders will be required to indicate the number of their bank account (card or current), or the account of their authorized representative in the CMTPL (Compulsory Motor Third Party Liability) agreement. This is noted in the message of the Motor Insurers' Bureau of Armenia received by ArmInfo.
ArmInfo. From April 2024, the policyholders will be required to indicate the number of their bank account (card or current), or the account of their authorized representative in the CMTPL (Compulsory Motor Third Party Liability) agreement. This is noted in the message of the Motor Insurers' Bureau of Armenia received by ArmInfo.
ArmInfo. Armenia's GDP growth slowed down to 8.7% in 2023 (from 12.6% in 2022), amounting to 9.503 trillion drams ($24.2 billion). The GDP deflator index also decreased - to 102.8% from 108% in 2022, according to the data of the RA Statistical Committee published on February 20.
ArmInfo. Armenia's GDP growth slowed down to 8.7% in 2023 (from 12.6% in 2022), amounting to 9.503 trillion drams ($24.2 billion). The GDP deflator index also decreased - to 102.8% from 108% in 2022, according to the data of the RA Statistical Committee published on February 20.