Monday, September 9 2019 19:10
Karine Melikyan

Inflow of transfers from Russia to Armenia is declining, while the  growth of cash outflow to Russia is slowing down

Inflow of transfers from Russia to Armenia is declining, while the  growth of cash outflow to Russia is slowing down

ArmInfo. The inflow of  transfers from Russia to Armenia in the first half of 2019 turned the  trend vector downward by 3.7% per annum from a 12.8% growth in the  same period of 2018.



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News
Minister: Until the end of 2019, Armenia may come close to the  inflation target of 4% (+ 1.5%)Minister: Until the end of 2019, Armenia may come close to the  inflation target of 4% (+ 1.5%)
Armenia strongly encourages tourism from the Middle Kingdom -  Implementation of UnionPay payment system is just around the cornerArmenia strongly encourages tourism from the Middle Kingdom -  Implementation of UnionPay payment system is just around the corner
Minister of Economy: According to the results of 2019, export from  Armenia will grow by about 7%.Minister of Economy: According to the results of 2019, export from  Armenia will grow by about 7%.
ID Bank redeemed its 5th tranche of USD bonds in the volume of $5mlnID Bank redeemed its 5th tranche of USD bonds in the volume of $5mln
Expert: The draft state budget of Armenia for 2020 does not create  the prerequisites for the implementation of the economic revolutionExpert: The draft state budget of Armenia for 2020 does not create  the prerequisites for the implementation of the economic revolution
Nikol Pashinyan: Double-digit growth of tourism sector will continue  in Armenia in 2020Nikol Pashinyan: Double-digit growth of tourism sector will continue  in Armenia in 2020
Economist: Underfulfillment of capital expenditures by the state  threatens economic recovery as early as in 2020-2021Economist: Underfulfillment of capital expenditures by the state  threatens economic recovery as early as in 2020-2021
Pashinyan:  Armenia will close the 2019 with economic growth within  7%, against 4.9% budgeted  Pashinyan:  Armenia will close the 2019 with economic growth within  7%, against 4.9% budgeted  
Three programs to increase the birth rate will be launched in Armenia  starting from 2020Three programs to increase the birth rate will be launched in Armenia  starting from 2020
Grape procurement process completed in Tavush region of ArmeniaGrape procurement process completed in Tavush region of Armenia
Deputy Foreign Minister of Chile: High-level cooperation with Armenia  in the economic sector is a necessityDeputy Foreign Minister of Chile: High-level cooperation with Armenia  in the economic sector is a necessity
Result exceeded expectations! Arshaluys Margaryan tells how Armenian financial authorities promoted Armenian Eurobonds in international marketsResult exceeded expectations! Arshaluys Margaryan tells how Armenian financial authorities promoted Armenian Eurobonds in international markets
Schneider Group Company proposes to hold a Schneider Group Company proposes to hold a "From Lisbon to  Vladivostok" conference   in Armenia
Vladimir Zharikhin does not exclude the possibility of opening  freight traffic through the Abkhaz railwayVladimir Zharikhin does not exclude the possibility of opening  freight traffic through the Abkhaz railway
At a forum in Chisinau on topic At a forum in Chisinau on topic "Strength of financing in national  currency", CBA representative introduced Armenian experience to  participants
Armenia and World Bank discuss further areas of cooperationArmenia and World Bank discuss further areas of cooperation
Ardshinbank: another step towards customerArdshinbank: another step towards customer
VTB Bank (Armenia) opened its 72nd branch -VTB Bank (Armenia) opened its 72nd branch -"Ararat"
EFSE provides multi-currency loan to ARARATBANKEFSE provides multi-currency loan to ARARATBANK
Executive Director of Armswissbank Gevorg Machanyan received the  honorary title  Executive Director of Armswissbank Gevorg Machanyan received the  honorary title  "Friend of Echmiadzin"
Statistical Committee: Production of alcoholic beverages grows in  ArmeniaStatistical Committee: Production of alcoholic beverages grows in  Armenia
In the GDP structure of Armenia, the service sector continues to lead  in terms of growthIn the GDP structure of Armenia, the service sector continues to lead  in terms of growth
EDB forecasts economic growth in Armenia at the end of 2019 at 6%EDB forecasts economic growth in Armenia at the end of 2019 at 6%
"Contour Global Hydro Cascade" company will make additional AMD 27.5  billion investment in  modernization of Vorotan Cascade of HPP 
In January-August 2019, the metallurgical industry of Armenia  launched a trend towards growthIn January-August 2019, the metallurgical industry of Armenia  launched a trend towards growth
Freight volume in Armenia in January-August 2019 decreased by 54%  with the growth of passenger transportation by 4.3%Freight volume in Armenia in January-August 2019 decreased by 54%  with the growth of passenger transportation by 4.3%
Revenues of Armenia`s communications sector in January-August 2019  accelerated growthRevenues of Armenia`s communications sector in January-August 2019  accelerated growth
TPL system in Armenia to use digital technologiesTPL system in Armenia to use digital technologies
EBRD to provide EUR 4.6 million grant to Armenia to continue Gyumri  city road rehabilitation programEBRD to provide EUR 4.6 million grant to Armenia to continue Gyumri  city road rehabilitation program
Aluminum foil production declines in ArmeniaAluminum foil production declines in Armenia


Exchange rates
14.10.2019
RUB7.420.00
USD476.44-0.29
EUR525.850.49
GBP598.272.21
CAD360.341.06
JPY44.05-0.04
CNY67.37-0.03
CHF478.791.15


Experts
Head of PSRC: Whatever the agreement, the domestic tariff is  dependent on the price at the borderHead of PSRC: Whatever the agreement, the domestic tariff is  dependent on the price at the border
IMF: Armenia needs to achieve sustainable inclusive growthIMF: Armenia needs to achieve sustainable inclusive growth
Artur Atoyan: Problems of fish farmers are solved by the communist  method, that is, they are not solved at allArtur Atoyan: Problems of fish farmers are solved by the communist  method, that is, they are not solved at all
HSBC Bank Armenia digitalizes cooperation with retail clients HSBC Bank Armenia digitalizes cooperation with retail clients 
AmRating agency in cooperation with European Rating-Agentur Expert RA  GmbH has issued regular research on Armenia`s banking systemAmRating agency in cooperation with European Rating-Agentur Expert RA  GmbH has issued regular research on Armenia`s banking system
Yulia Ustyugova: Armenia can get access to IMF “insurance line”Yulia Ustyugova: Armenia can get access to IMF “insurance line”
Armand Arton: The question whether citizenship should be granted in  return for investments is rather rhetoricalArmand Arton: The question whether citizenship should be granted in  return for investments is rather rhetorical
Former head of the Ministry of Finance: <Confrontation> with Lydian may cost much to ArmeniaFormer head of the Ministry of Finance: with Lydian may cost much to Armenia
Vardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDPVardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDP
HSBC Bank Armenia increases efficiency and focuses on digital servicesHSBC Bank Armenia increases efficiency and focuses on digital services
Bulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactoryBulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactory
Expert: Recruitment market in Armenia from the point of view of  supply and demand is sleepingExpert: Recruitment market in Armenia from the point of view of  supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limitedExpert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in ArmeniaAssociation of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not changePailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the gameRouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan:  Armenia`s payment business has great prospectsMher Arakelyan:  Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking systemRating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system
Igor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care ofIgor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care of
Ara Khzmalyan: Armenia is comfortable to Russian touristAra Khzmalyan: Armenia is comfortable to Russian tourist

Search by date

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000
Commented
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The AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL  ARMENIA Foundation is the partnerThe AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL  ARMENIA Foundation is the partner
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Armenian government`s delegation headed by Prime Minister will take  part in the St. Petersburg International Economic Forum on June 6-7Armenian government`s delegation headed by Prime Minister will take  part in the St. Petersburg International Economic Forum on June 6-7
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Arthur Javadyan: Central banks are not responsible for economic  growthArthur Javadyan: Central banks are not responsible for economic  growth
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ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019
From January 1, 2020, the cost of customs clearance of cars from  non-EEU countries in Armenia will increase by at least 4-5 fold:  whether the market for used cars is going upFrom January 1, 2020, the cost of customs clearance of cars from  non-EEU countries in Armenia will increase by at least 4-5 fold:  whether the market for used cars is going up
Overdue loans accelerate growth in banking system of ArmeniaOverdue loans accelerate growth in banking system of Armenia
RA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in ArmeniaRA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in Armenia
Converse Bank offers online loans at a low effective interest rateConverse Bank offers online loans at a low effective interest rate
Renco company will attract additional shareholders and partners to  the project of building a new thermal-power plant in ArmeniaRenco company will attract additional shareholders and partners to  the project of building a new thermal-power plant in Armenia
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
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Through the mobile banking application of Ardshinbank you can get a  loan in seconds.Through the mobile banking application of Ardshinbank you can get a  loan in seconds.
By the end of 2018, By the end of 2018, "Galburdjian Group" will launch the production of  sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources,  rather than small hydropower stationsExpert: Armenia has a problem with effective use of water resources,  rather than small hydropower stations
Investment forum Investment forum "Energy Week 2018" to be held in Armenia
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The Armenian government suggests raising the minimum pension by 60%The Armenian government suggests raising the minimum pension by 60%

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