ArmInfo. The European Bank for Reconstruction and Development (EBRD) and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian micro, small and medium-sized enterprises (MSMEs).
ArmInfo. The Board of the Eurasian Economic Commission adopted changes to the procedure for
filling out an application for the release of goods before filing a declaration for goods and the structure of this document.
ArmInfo.Yerevan is set to welcome the 33rd annual meeting and business forum of the European Bank for Reconstruction and Development (EBRD), with Ardshinbank taking the lead as flagship sponsor. The event, a significant fixture among financial institutions, will convene high-ranking delegations from 74 countries, prominent financial and banking experts, and thought leaders of the Armenian banking sector. Scheduled for May 14-16, the forum aims to foster positive impacts and enhance financial markets for the public good.
ArmInfo.Over time, if the general background is more favorable, with a parallel decrease in the refinancing rate, we will see a certain reduction in rates on loan products. This was stated by Governor of the Central Bank of Armenia Martin Galstyan during a meeting of the RA NA Standing Committee on Financial-Credit and Budgetary Affairs.
ArmInfo.As part of a pilot program to introduce an agricultural insurance system, the Armenian government will not only subsidize insurance premiums, but will also compensate the costs of insurance companies if a certain threshold of insurance payments is exceeded.
ArmInfo.The Asian Development Bank (ADB) intends to expand its areas of activity in Armenia. Luke
Fochtman, Deputy Country Director of ADB (Asian Development Bank )Armenia Resident Mission stated this during a press conference on April 11, presenting the ADO (Asian Development Outlook).
ArmInfo. According to estimates by the United States Agency for International Development (USAID), to increase energy independence, Armenia needs a new nuclear power plant with a capacity of 600 MW. Abgar Budaghyan, head of USAID Armenia's energy security project, expressed such an opinion on April 26 during public discussions on "Prospects of diversification of the energy sector in Armenia".
ArmInfo.According to data for 2022, Armenia imports 73% of its energy resources, that is, the level of energy independence is about 27%. Abgar Budaghyan, head of USAID Armenia's energy security project stated on April 26 during public discussions on the topic "Prospects for diversification of the energy sector in Armenia."
ArmInfo. Team Telecom Armenia has developed a new Be Free package, which provides the opportunity to
unlimitedly use major video platforms without consuming Internet traffic. According to the company's press service, this offer covers applications such as YouTube, Netflix, Snapchat, TikTok and other top platforms.
ArmInfo. Team Telecom Armenia will support TUMO's mission (TUMO Center for Creative Technologies)
to make modern technology education accessible to all young people in Armenia.
ArmInfo.The average market value of real estate of apartment buildings in Yerevan was 457.3 thousand drams/1 sq.m., in Q1 2024, 12.9% higher than the year-ago figure, according to the data from the State Real Estate Cadastre Committee.
ArmInfo. The average market price of apartments in the regions of Armenia in 2023 increased by 13.4%, amounting to 130.8 thousand AMD/1 sq.m.
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