Vice Prime Minister: Armenian companies will be able to attract  preferential credit resources while increasing authorized capital

 Thursday, July 9 2020 12:59:00
Vice Prime Minister: Armenian companies will be able to attract  preferential credit resources while increasing authorized capital

ArmInfo.  As of today, one  application for participation in the program has been satisfied  subsidizing interest rates on preferential loans attracted by  business entities; two more applications are under consideration. On  July 9, Deputy Prime Minister Mher Grigoryan stated this at a meeting  of the RA Government.

Fast Credit Capital UCO will start placement of its dram and dollar  bonds on July 9
 Monday, July 6 2020 14:59

ArmInfo.  On July 9, "Fast Credit  Capital" Universal Credit Organization (UCO) will start issue and  placement of its dram and dollar bonds with issue volumes of 400  million drams and $ 4 million, respectively. This is evidenced by the  July 3 decision on registration of the issue prospectus of these  tranches, posted on July 6 on the CBA website.

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Armenian government will direct AMD 1.9 billion on capital  expenditures of the Ministry of Education
 Thursday, July 2 2020 16:12

ArmInfo. 1.9 billion AMD will be  allocated from the state budget of Armenia for capital expenditures  of the RA Ministry of Education, Science, Culture and Sports. This  decision was made on July 2 at the next government meeting.

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SRC: only 49% of business entities took advantage of the 18th package  of anti-crisis measures
 Thursday, June 11 2020 18:35

ArmInfo.  The State Revenue  Committee (SRC) summed up the results of the 18 package of  anti-crisis measures envisaged for business entities that have from 2  to 100 employees who retained their salary fund and staff.

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Rusatom Service CJSC will receive an equivalent of $ 40.3 million for  the implementation of activities at the Armenian NPP
 Thursday, June 11 2020 12:57

ArmInfo. Rusatom Service CJSC,  which is part of the Rosatom Group of Companies, will receive an  amount in drams equivalent to 40 million 255 thousand US dollars for  carrying out activities at the Armenian Nuclear Power Plant. At the  June 11 meeting, the Government of Armenia approved the program of  events of the company.

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Armenian NPP will receive a budget loan of $ 130 million
 Thursday, June 11 2020 12:54

ArmInfo. The Armenian Nuclear  Power Plant will be provided with a budget loan of 63.2 billion drams  (about $ 130 million). The decision on this was made at a meeting of  the RA government on June 11.

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News
The majority of transfers to Armenia come from Russia, and flow out  to Switzerland, the UAE and the USAThe majority of transfers to Armenia come from Russia, and flow out  to Switzerland, the UAE and the USA
ZCMC to be the first in Armenia to present a report on biodiversity  managementZCMC to be the first in Armenia to present a report on biodiversity  management
Armenian market  unable to provide personnel for modern competitive  businesses, especially in  mining sectorArmenian market  unable to provide personnel for modern competitive  businesses, especially in  mining sector
Converse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projectsConverse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projects
Armenia Featured in Wizz Air’s Special Magazine EditionArmenia Featured in Wizz Air’s Special Magazine Edition
Import customs duty for goods supplied to Armenia from Iran to be reduced to 4.5% Import customs duty for goods supplied to Armenia from Iran to be reduced to 4.5% 
Armenia`s authorities plan to enhance military industry`s potential Armenia`s authorities plan to enhance military industry`s potential 
Armenian government expanding agricultural machinery leasing support  programArmenian government expanding agricultural machinery leasing support  program
Armenia extends repayment term for ADB loan for improvement of  Armenia-Georgia border highwayArmenia extends repayment term for ADB loan for improvement of  Armenia-Georgia border highway
Armenia`s Cabinet declines Capital Markets International Data`s application for Ecos fee operators list Armenia`s Cabinet declines Capital Markets International Data`s application for Ecos fee operators list 
Inecobank to receive $15mln under EBRD `green agenda` Inecobank to receive $15mln under EBRD `green agenda` 
`Solar pathos` turning into source of Armenia`s `energy insecurity` - expert `Solar pathos` turning into source of Armenia`s `energy insecurity` - expert 
EU to mobilize EUR 2.36bln under economic investment plan for Armenia  - diplomat EU to mobilize EUR 2.36bln under economic investment plan for Armenia  - diplomat 
Evocabank to receive EUR 19.4 million financial package from EBRD to  support MSMEs and large enterprises in ArmeniaEvocabank to receive EUR 19.4 million financial package from EBRD to  support MSMEs and large enterprises in Armenia
EBRD expands cooperation with Ameriabank - EUR 50 million Risk Sharing  Framework agreement signedEBRD expands cooperation with Ameriabank - EUR 50 million Risk Sharing  Framework agreement signed
PSRC Head: Installed capacity of solar power plants in Armenia  projected to reach 557 MW in the coming yearsPSRC Head: Installed capacity of solar power plants in Armenia  projected to reach 557 MW in the coming years
Ambassador: Russia offering Armenia a wide range of nuclear power  unitsAmbassador: Russia offering Armenia a wide range of nuclear power  units
ENA`s investment program  for 2025  aims to modernize most worn-out  and vulnerable substationsENA`s investment program  for 2025  aims to modernize most worn-out  and vulnerable substations
PSRC Head: Electricity tariffs to remain unchanged in 2025PSRC Head: Electricity tariffs to remain unchanged in 2025
NPP CEO: Proposals for  new NPP model to be presented in 2026NPP CEO: Proposals for  new NPP model to be presented in 2026
Armenian Deputy PM, Iranian Ambassador discuss bilateral cooperation  agendaArmenian Deputy PM, Iranian Ambassador discuss bilateral cooperation  agenda
Armenian insurance market started to reduce compensationArmenian insurance market started to reduce compensation
Armenia`s SRC delegation attends  fifth meeting of the Subcommittee  on Customs Issues under SEPAArmenia`s SRC delegation attends  fifth meeting of the Subcommittee  on Customs Issues under SEPA
Armenian NPP to be shut down for preventive maintenanceArmenian NPP to be shut down for preventive maintenance
FLYONE ARMENIA offers tickets to Salonica from EUR 19 FLYONE ARMENIA offers tickets to Salonica from EUR 19 
Armenia may try on role of Armenia may try on role of "junction zone" of Eurasian and European  economic spaces - expert 
Number of jobs up in all sectors of Armenia`s economy - minister Number of jobs up in all sectors of Armenia`s economy - minister 
The state  to compensate 40% of farmers` costs for  installing  anti-hail nets in all communities of ArmeniaThe state  to compensate 40% of farmers` costs for  installing  anti-hail nets in all communities of Armenia
One of the most common fraud schemes is phone calls: how to protect yourselfOne of the most common fraud schemes is phone calls: how to protect yourself
Papoyan comments on the situation regarding Armenian cargo in  Georgia: There is an issue, and I think our businessmen are rightPapoyan comments on the situation regarding Armenian cargo in  Georgia: There is an issue, and I think our businessmen are right
Georgian side promises to clarify situation with Armenian cargo  downtime within two daysGeorgian side promises to clarify situation with Armenian cargo  downtime within two days
Victims of financial fraud gather in front of Armenian CB, demand  return of stolen money Victims of financial fraud gather in front of Armenian CB, demand  return of stolen money 
Net profit of Armenia`s insurance sector reaches $2.1mln in 1st  quarter of 2025 Net profit of Armenia`s insurance sector reaches $2.1mln in 1st  quarter of 2025 
Armenia`s minister of territorial administration, UNICEF rep discuss disaster risk reduction Armenia`s minister of territorial administration, UNICEF rep discuss disaster risk reduction 
Armenia on verge of economic crisis - MPArmenia on verge of economic crisis - MP
Armenia  to tighten rules for manufacturers and importers of tobacco  products and their substitutesArmenia  to tighten rules for manufacturers and importers of tobacco  products and their substitutes
Majority of transactions in Armenian regions involve land salesMajority of transactions in Armenian regions involve land sales
Hooverphonic`s Yerevan debut, sponsored by AraratBank, for the Philharmonic Orchestra`s 100th AnniversaryHooverphonic`s Yerevan debut, sponsored by AraratBank, for the Philharmonic Orchestra`s 100th Anniversary
Re-exporting and re-importing of diamonds and gold haven`t been successful, resulting in a decline in Armenia`s foreign trade turnoverRe-exporting and re-importing of diamonds and gold haven`t been successful, resulting in a decline in Armenia`s foreign trade turnover
Apartment prices in Yerevan rose by 1.5% in a year, with a  corresponding 8.7%  increase in transactions Apartment prices in Yerevan rose by 1.5% in a year, with a  corresponding 8.7%  increase in transactions 
Armenia`s state debt  reached $13.6 billion, with specific debt  burden per capita exceeding $4.4 thousandArmenia`s state debt  reached $13.6 billion, with specific debt  burden per capita exceeding $4.4 thousand
Armenia`s Ministry of Economy submits investments bill to public Armenia`s Ministry of Economy submits investments bill to public 
Government textile industry fund to be established in Armenia Government textile industry fund to be established in Armenia 
Ameriabank passes second stage service quality improvement programme  - Aneta KorobkinaAmeriabank passes second stage service quality improvement programme  - Aneta Korobkina
USD transactions down, RUB ones up in Armenia`s interbank foreign exchange market, May 5 to 8, 2025 USD transactions down, RUB ones up in Armenia`s interbank foreign exchange market, May 5 to 8, 2025 
In Q1 2025, Armenia`s IT sector experienced 24.5% annual growth rateIn Q1 2025, Armenia`s IT sector experienced 24.5% annual growth rate
In Armenia, service sector experienced accelerated growthIn Armenia, service sector experienced accelerated growth
Free economic zone to be established in Yeghipatrush Free economic zone to be established in Yeghipatrush 
RA MESCS presents terms of participation in industry courses in IndiaRA MESCS presents terms of participation in industry courses in India
"Electric Networks of Armenia" to modernize power supply network in  center of Yerevan
“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More
Launch of digital radio discussed in ArmeniaLaunch of digital radio discussed in Armenia
Armenia`s Cabinet approves Armenian-Japanese convention abolishing  double taxation Armenia`s Cabinet approves Armenian-Japanese convention abolishing  double taxation 
Armenia to join Ashkhabad agreement Armenia to join Ashkhabad agreement 
Armenia to have new Law on Eletric Energy by end of 2025 Armenia to have new Law on Eletric Energy by end of 2025 
Hayordi Camp is the May beneficiary of The Power of One DramHayordi Camp is the May beneficiary of The Power of One Dram
In 2026, government to increase funding for  modernizing water supply  and drainage systemsIn 2026, government to increase funding for  modernizing water supply  and drainage systems
Converse Bank Joins the Asian Development Bank`s Green Finance CommitmentConverse Bank Joins the Asian Development Bank`s Green Finance Commitment
In Q1 2025, Armenia`s trade sector generated $3.4 billion in revenueIn Q1 2025, Armenia`s trade sector generated $3.4 billion in revenue
Natural population growth rate decreasing  in ArmeniaNatural population growth rate decreasing  in Armenia
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Exchange rates
15.05.2025
RUB4.81-0.02
USD386.94-1.05
EUR433.30-2.34
GBP514.17-3.64
CAD276.66-1.87
JPY26.51-0.07
CNY53.68-0.18
CHF461.80-2.69


Experts
Suren Parsyan calls the downwardly revised forecast of the World Bank  and IMF for Armenia`s GDP growth <optimistic>Suren Parsyan calls the downwardly revised forecast of the World Bank  and IMF for Armenia`s GDP growth
Universal Income Declaration: what happened has little in common with  what was intended - David AnanyanUniversal Income Declaration: what happened has little in common with  what was intended - David Ananyan
Are all funds protected in Russian banks?Are all funds protected in Russian banks?
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Commented
China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat 
The Merger between The Merger between "Ardshinbank" CJSC and "Ardshininvestbank" CJSC Has Been Completed
Ticket packets 1.2% of total number of transport tickets in Yerevan Ticket packets 1.2% of total number of transport tickets in Yerevan 
Armenia`s minister of labor meets with U.S. public figures at U.S.  presidential residence Armenia`s minister of labor meets with U.S. public figures at U.S.  presidential residence 
Armenian fish industry gains access to European marketArmenian fish industry gains access to European market

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