ArmInfo.Armenia attaches great importance to the formation of a single gas market for the Union, Acting Prime Minister Nikol Pashinyan stated on May 21 at a meeting  of the Supreme Eurasian Economic Council.

ArmInfo.On May 19, 2021, at the Best Western Congress Hotel, Armswissbank – the Implementing Partner of the Programme - organized a seminar-discussion to present the work done in the second phase of the “Scaling up green finance practices in the Republic of Armenia” programme funded by the Green Climate Fund. The studies referred to the best international practices in the field of "Green" financing and the opportunities for its introduction in the Republic of Armenia.

ArmInfo. The legislator changes the rates of excise tax deductions transferred to the Military Insurance Fund (1000 AMD Fund) for individual entrepreneurs. On May 19, the profile commission of the parliament approved a legislative bill "On  compensation for damage inflicted on the life and health of  servicemen during hostilities."

ArmInfo.AraratBank and FMO, the Dutch entrepreneurial development bank — highlighting the financial inclusion — signed a loan agreement for a total amount of USD 25 million.

ArmInfo.HSBC Bank Armenia CJSC (hereinafter HSBC Armenia) has been named as “Market Leader” for trade finance by Euromoney’s 2021 Trade Finance Survey.

ArmInfo. Former Minister of Economy of Armenia  Karen Chshmarityan harshly criticized the concept of creating a  Centralized register of bank accounts in the Central Bank of the  country.

ArmInfo.The Armenian Stock Exchange (AMX) has once again, for the third time, been recognized as the "Best Stock Exchange in the South Caucasus" by the Global Banking and Finance Review magazine.

ArmInfo.The Armenian government has simplified the procedure for companies' participation in the public procurement process. A similar decision was made at a  cabinet meeting on March 25.

ArmInfo.Ameriabank was named “The Best Bank in Armenia 2021” by Global Finance during its 28th annual awards for the World’s Best Banks. The Bank was awarded in recognition of its achievements, innovative approaches and solutions.

ArmInfo.16 March, 2021 marks an important day for “HSBC Bank Armenia” CJSC (HSBC Armenia) – its 25^th  anniversary.

ArmInfo.Converse Bank has been recognized as the “Best Trade Finance Provider 2021 in Armenia” by the prestigious Global Finance magazine, for the second year in a row.

ArmInfo.New mechanisms to control the public procurement process will be created in Armenia. The RA National Assembly, at its sitting on March 3 in the second and  final reading, made amendments and additions to the law "On State  Procurements".

ArmInfo.The international rating agency Moody's Investors Service confirmed the long-term rating of CJSC "Electric Networks of Armenia" at the BA2 level with a  stable outlook. The rating of the company is unprecedented both for  companies of Armenia and the region.  

ArmInfo.Converse Bank is presented with the prestigious "Deal of the Year – Green Trade 2019" award by the European Bank for Reconstruction and Development (EBRD) under its Green Trade Facilitation Programme (Green TFP) for “encouraging best practices in industrial water efficiency in Armenia, with a water-savings impact equivalent to the annual water consumption of 220 Armenian households”.

ArmInfo.For the third year in a row, HSBC Bank Armenia cjsc (hereinafter HSBC Armenia) has been ranked No.1 Domestic Cash Manager for Corporates by Euromoney magazine’s 2020 Cash management poll. HSBC Armenia was also recognized as No.1 bank for Service for Corporates in Armenia for the second year in a row.

ArmInfo.AraratBank and BlueOrchard Covid-19 Emerging and Frontier Markets MSME Support Fund concluded a bilateral loan agreement for a total amount of USD 5 million to support MSMEs affected by COVID-19 in Armenia.    

ArmInfo. New mechanisms of control over the public procurement process will be created in Armenia. The National Assembly of the Republic of Armenia at the  session on January 20 in the first reading introduced amendments and  additions to the Law "On State Purchases".

ArmInfo.The state should increase expenditure on marketing and advertising in the tourism sector. Chairman of the Armenian Tourism Federation Mekhak Apresyan  expressed a similar opinion during a press conference.

ArmInfo.The silver collector coin issued by the Central Bank of Armenia in 2019 and dedicated to the 150^th anniversary of the birth of the world-renowned Armenian composer and musicologist Komitas took the 3^rd place in the nomination “Coin of the Year” in the 14^th international contest “Coin Constellation-2020” (RF).

ArmInfo.Ardshinbank signed $ 20 million loan facility from Luxembourg-based funds managed by responsAbility Investments AG. The funds will be used to increase the loan portfolio of the bank and, in particular, to support small and medium-sized enterprises.