EventHub.am is the official ticketing agent for the concert of the world renowned Black Eyed Peas in Tbilisi

 Saturday, June 15 2024 13:26:05
EventHub.am is the official ticketing agent for the concert of the world renowned Black Eyed Peas in Tbilisi

ArmInfo.EventHub․am platform has become the official ticketing agent in Armenia for the concert of the world-renowned Black Eyed Peas to be held in Tbilisi, thanks to which tickets can now be purchased in Armenian drams. The concert will be held on July 7 at the Boris Paichadze Dynamo Arena.

Armenia`s economic indicators impressive in 2022 - IFC 
 Tuesday, March 21 2023 12:27

ArmInfo.Armenia's Minister of FinanceVahe Hovhannisyan hosted on March 20, Ms Rana Karadsheh,  Regional Director, International Finance Corporation (IFC), Mr Sebastian Molineus, World Bank Regional Director for the South  Caucasus, Ms appointed Ivana Fernandes Duarte, IFC Regional Manager for the South Caucasus, and Ms Carolin Geginat, Ms Country Manager Armenia. 

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Central Bank Head: FAO index has stabilized and there are no new  upward trends
 Tuesday, March 14 2023 19:54

ArmInfo.The FAO index has stabilized in recent months and there are no new upward trends.  Chairman of the Central Bank of Armenia Martin Galstyan stated this on March 14 during a press conference.

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Martin Galstyan: Armenia Securities Exchange is currently in process  of forming new board and strategy
 Tuesday, March 14 2023 17:53

ArmInfo.Governorof the Central Bank of the Republic of Armenia Martin Galstyan left the board of the Board of the AMX|Armenia Securities Exchange. He announced this on March 14 during a press conference.

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CBA improves its 2023 GDP growth forecast for Armenia to 5.8%,  indicating construction and services as main drivers
 Tuesday, March 14 2023 17:36

ArmInfo.The Central Bank has improved its forecast for 2023 on GDP growth in Armenia to 5.8% from  the previous 4.6% (against the actual 12.6% growth in 2022).  This was stated on March 14 during a press conference by head of the  Central Bank of the Republic of Armenia Martin Galstyan.

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New Armenia-ADB cooperation strategy under development
 Tuesday, March 14 2023 14:36

ArmInfo. A new cooperation strategy between the Government of Armenia and the Asian Development  Bank (ADB) is under development. This was stated during the meeting of Armenian Deputy Prime Minister Tigran Khachatryan with the ADB  delegation headed by the Director of Armenia Office Director of the Asian Development Bank Paolo Spantigati. 

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AraratBank joins the United Nations Women`s Empowerment Principles Initiative
 Tuesday, March 14 2023 13:56

ArmInfo.AraratBank joined the United Nations WEPs initiative back in September 2022, being the first among Armenian commercial banks that year.

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Armenia`s CB leaves refinancing rate unchanged, 10.75%
 Tuesday, March 14 2023 12:42

ArmInfo. At its March 14 meeting, the Board of the Central Bank of Armenia (CBA) decided to leave the refinancing rate unchanged at 10.75%.

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 State Control Service returned about 121 million drams to budget in  2022
 Monday, March 13 2023 19:09

ArmInfo.Performance report 2022 of the State Supervision Service was presented today to Prime Minister Nikol Pashinyan, the press service of the RA PM reports.

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IDBank - participant of DigiTec Expo
 Friday, March 10 2023 18:37

ArmInfo.From March 10 to March 12, IDBank takes part in the DigiTec Expo exhibition, presenting its products in a joint booth with Idram.

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Armenia increases its share in EDB
 Thursday, March 9 2023 14:34

ArmInfo. On March 9, the Armenian government approved the signing of an agreement with the government of the Russian Federation on the sale and purchase of the Russian Federation's share in the paid-in authorized capital of the Eurasian Development Bank (EDB).

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AraratBank committed to the Sustainable Development Goals of the United Nations
 Wednesday, March 8 2023 11:51

ArmInfo.On 3 March 2023, an event dedicated to the 1st anniversary of AraratBank joining the United Nations Global Compact international initiative was held in the banquet hall of the “Zargatsum” branch of AraratBank.

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Converse Bank has completed the distribution of bonds
 Tuesday, March 7 2023 16:50

ArmInfo.Converse Bank has prematurely completed the placement of his bonds with total amount of 3 billion AMD and 10 milion USD.The bonds will soon be listed on the AMX-Armenia stock Exchange, after which they will be put into circulation on the secondary market.

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EDB forecasts 7.2% inflation in Armenia in 1st quarter, 2023 
 Tuesday, March 7 2023 11:54

ArmInfo.The Eurasian Development Bank (EDB) forecasts 7.2% inflation in Armenia by the end of the 1st quarter of  this year. This February, 8.1% inflation was recorded in Armenia - no change as against this January. 

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ACBA Bank starts primary offering of USD 5 mln AMD 3 bln worth bonds 
 Friday, March 3 2023 17:40

ArmInfo. ACBA Bank has started the primary offering of USD and AMD coupon non- documentary bonds in the amount of USD 5  million and AMD 3 billion. As noted in the message of the Bank, the primary offering of these issues started on March 1, and completion  is scheduled until May 31 inclusive.

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Ameriabank doubles SME portfolio over five years
 Thursday, March 2 2023 21:39

ArmInfo.Ameriabank's SME loan portfolio amounted to AMD 163.6 billionas of December 31, 2022,  representing a double increase over the last five years, the press service of the Bank reports.

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In Jan 2023, Armenia`s gross international reserves fell from their  all-time high. 
 Wednesday, March 1 2023 15:36

ArmInfo. Armenia's gross international reserves (GIR) fell from a historic high of $4.112 billion in December 2022 to $3.689 billion in January 2023. In particular, gross international reserves decreased in January by 10.3% or by $422.6 million (after December's 17% growth or by $594  million). At the same time, the y-o-y dynamics remained in growth, but with a noticeable slowdown in rates from 31% to 18%, i.e. in  absolute terms, last year's growth by $738 million has narrowed this year to $551 million. This is evidenced by the data of the Central  Bank of the Republic of Armenia.

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In 2023, non-cash card transactions reach 40% of  total volume of  plastic transactions
 Tuesday, February 28 2023 22:04

ArmInfo. In Armenia, the total volume of plastic transactions accelerated y-o-y growth from 26.3% in  2021 to 34.7% in 2022, exceeding 4.4 trillion drams or $11.3 billion (including transactions abroad with cards of Armenian issuing banks).  This is evidenced by the data of the Central Bank of the Republic of Armenia, according to which the volume of transactions carried out  abroad with the cards of the issuing banks of Armenia increased 2.1-fold on a y-o-y terms up to 456.5 billion drams or 1.2 billion  dollars (10.3% of the total plastic transactions).

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In Armenia, in 2022, number of POS-terminal users among wholesale and  retail outlets registers multifold increase due to legislative  restriction of cash payments
 Tuesday, February 28 2023 18:29

ArmInfo.In Armenia, the double-digit growth in the number of vPOS-terminals continues, along with regular POS-terminals. In Q4 2022, compared to the same period in 2021, the number of vPOS-terminals increased by 15.7% or 503 units (up to 3703 units), with the 3.8-fold growth of regular POS-terminals by 50537 units, while a year earlier the growth of both vPOS-terminals and regular POS-terminals was almost the same - 30.1% and 41 .1% respectively.

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Fitch 2023 Forecast: Armenia`s public debt to fall to 47.3% of GDP  while economic growth slows to 6.1%
 Tuesday, February 28 2023 18:29

ArmInfo. According to the Fitch Ratings forecast for 2023, Armenia's public debt will decrease to 47.3% of GDP, and external debt - to 38.1% of GDP, while economic growth slows down to 6.1%. The agency also expects that in 2023 inflation in Armenia will be 6.5%, GDP per capita - $7472, the state budget deficit - 2.5% of GDP, and the current account deficit (including FDI) will remain at 1.2 % of GDP. This is noted in the February Fitch rating report on the capital of Armenia - Yerevan.

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There are already over 2.1 million microprocessing cards with NFC  chip in Armenia - 66.6% of total
 Friday, February 24 2023 18:38

ArmInfo.As of January 1, 2023, there were 3.184 million cards in the plastic market of Armenia (including co-badged ArCa-MIR and Russian MIR cards), with an acceleration of y-o-y growth from 8.3% to 17.8%.

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News
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EventHub.am is the official ticketing agent for the concert of the world renowned Black Eyed Peas in TbilisiEventHub.am is the official ticketing agent for the concert of the world renowned Black Eyed Peas in Tbilisi
National Geographic recommends visiting Armenia as an attractive  tourist destinationNational Geographic recommends visiting Armenia as an attractive  tourist destination
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Martin Galstyan: Under favorable conditions, loan interest rates may  dropMartin Galstyan: Under favorable conditions, loan interest rates may  drop
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