ArmInfo NewsFeed


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

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Talk of the day

Expert: The draft state budget of Armenia for 2020 does not create  the prerequisites for the implementation of the economic revolution

 Monday, October 14 2019
Expert: The draft state budget of Armenia for 2020 does not create  the prerequisites for the implementation of the economic revolution

ArmInfo. The Armenian government is clearly aware of the economic realities, as a result of which, despite adjusting expectations for GDP growth from 4.9% budgeted by  the end of the year to about 7%, by the end of 2020 it predicts only  4.9% growth.  Head of the Chair of Management and Business of YSU  Karlen Khachatryan stated this in an interview with ArmInfo  correspondent.


Economy

Minister: Until the end of 2019, Armenia may come close to the  inflation target of 4% (+ 1.5%)

ArmInfo. By the end of 2019, Armenia may come close to the inflation target of 4% (+ 1.5%). This was stated by Minister of Economy of Armenia Togran Khachatryan on  October 14 at a press conference.

Armenia strongly encourages tourism from the Middle Kingdom -  Implementation of UnionPay payment system is just around the corner

ArmInfo.Armenia is on the way to joining UnionPay payment system. Armenian Minister of Economy Tigran Khachatryan stated this on October 14 at a meeting with  reporters.

Economist: Underfulfillment of capital expenditures by the state  threatens economic recovery as early as in 2020-2021
Grape procurement process completed in Tavush region of Armenia

Finance and banks

ID Bank redeemed its 5th tranche of USD bonds in the volume of $5mln

ArmInfo. ID Bank redeemed its 5th tranche of USD bonds in the volume of $5mln issued in October 2017.  According to the Bank's press service, the maturity period for  the bonds of this issue was set at 2 years, and the coupon yield was  5.75%.

At a forum in Chisinau on topic "Strength of financing in national  currency", CBA representative introduced Armenian experience to  participants

ArmInfo. At the forum on the topic "Strength of financing in national currency", organized by the European Fund for Southeast Europe (EFSE) in the capital of Moldova,  Chisinau, Head of the Department for Development of the Financial  System and Stability of the Central Bank of the Republic of Armenia  Andranik Grigoryan made a presentation on lending in national  currency. ArmInfo was informed about this in the press service of the  Central Bank of Armenia.

Armenia and World Bank discuss further areas of cooperation
Ardshinbank: another step towards customer

Insurance

TPL system in Armenia to use digital technologies

ArmInfo. In the system of compulsory motor third party liability insurance (CTP) in Armenia, digital technologies will begin to be applied. The decision on this  was made at a meeting of the RA Government on October 10.

Երեւանում մեկնարկել է ավանդների ապահոովագրության համար ԵԱՏՄ անդամ երկրների օրենսդրությունների ներդաշնակեցման  փորձագիտական խմբի 1-ին նիստը

ArmInfo. Երեւանում մեկնարկել է ԵԱՏՄ անդամ երկրների ավանդների ապահովագրության համար օրենսդրության ներդաշնակեցման փորձագիտական խմբի առաջին նիստը:

From October 1, 2019, insurance companies began offering insurance  policies in six regions of Armenia
Pashinyan: Agricultural risk insurance process starts in Armenia 
Energy

"Contour Global Hydro Cascade" company will make additional AMD 27.5  billion investment in  modernization of Vorotan Cascade of HPP 

ArmInfo. Contour Global Hydro Cascade will make additional AMD 27.5 billion drams investmen in the modernization of its Vorotan Cascade of Hydroelectric Power  Plants in Armenia. At the October 10 meeting, the Government of the  Republic of Armenia approved the company's application for exemption  from customs payments for imported equipment.

US interested in deepening energy cooperation with Armenia

ArmInfo. The United States is interested in deepening cooperation with Armenia in the energy sector, as well as in the safe operation of nuclear power reactors.   This was announced during a meeting of the Deputy Minister of  Territorial Administration and Infrastructures of Armenia Hakob  Vardanyan with the US delegation, which included representatives of  the 

"Armatom": Over the next two years, work on development of a  large-scale simulator for the Armenian NPP will be completed
Professor: $ 200 million used within the project to extend the life  of the Armenian NPP

Technology

Brazil`s Deputy Minister of Technology, Innovation and  Telecommunications intends to assist in ratification of a technical  cooperation agreement with Armenia

ArmInfo. Julio Netto, Brazil's Deputy Minister of Technology, Innovation and  Telecommunications, intends to assist in the early ratification of a  technical cooperation agreement with Armenia. He stated this during a  meeting with the Secretary of the Security Council of the Republic of  Armenia Armen Grigoryan.

Serj Tankian and Alexis Ohanyan announced the launch of HighConnect  IT platform connecting Armenians from all over the world

ArmInfo.. On the initiative of the eminent pk musician Serge Tankyan, as well as Alexis Ohanyan, Yervand Zoryan and Eric Israelyan, the HighConnect IT platform will  be launched, connecting Armenians from all over the world. As the  Minister of High-Tech Industry of Armenia Hakob Arshakyan stated at  the press conference on October 8, the agreement on the launch of the  "Armenian Virtual Bridge" project, within the framework of which this  platform will be launched, was signed the day before during the visit  to the project initiators in Silicon Valley.

Expert: Without servicing foreign markets, the Armenian IT sector is  not able to gain growth 
Yandex is interested in implementing a new project in Armenia  introducing driverless car technology

Real estate

Cadastral value of expensive real estate in Armenia may increase  eight fold

ArmInfo. The cadastral value of  luxury expensive real estate in Armenia can increase eight fold. This  was stated during the discussion of the draft law "On Establishing  the Procedure for Calculation of the Cadastre Approximate to the  Market Value of Real Estate for the Taxation of Real Estate" on  September 11, head of the Real Estate Cadastre Committee of Armenia  Sarhat Petrosyan. Thus, with the adoption of the law, the tax on  particularly expensive real estate will increase significantly.

Apartment prices in the regions of Armenia increased by 4.1% in the  first half of 2019

ArmInfo. The average market  value of an apartment building in the regions of Armenia increased in  the first half of 2019 by 4.1% per annum, amounting to 89.8 thousand  drams / 1 sq.m.

Property tax in Armenia will increase significantly from 2021
In May 2019 compared to the same period of the 2018th real estate transaction increased by 17.8%

Statistics

Minister of Economy: According to the results of 2019, export from  Armenia will grow by about 7%.

ArmInfo.By the end of 2019, exports from Armenia will grow by about 7%. Armenian Economy Minister Tigran Khachatryan made such a forecast at a press conference on  October 14, summing up the results of 8 months.

Three programs to increase the birth rate will be launched in Armenia  starting from 2020

ArmInfo. In 2020, the Armenian  government will allocate additional 5.3 billion AMD (about $ 11  million) to implement three programs aimed at improving the  demographic situation and stimulating immigration and repatriation.  This was announced on October 11 at a press conference by the Deputy  Minister of Labor and Social Affairs Smbat Saiyan.



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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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
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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
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff
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
Expert: It is necessary to start implementing the program for the  construction of a new nuclear unitExpert: It is necessary to start implementing the program for the  construction of a new nuclear unit
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