Aram Sargsyan: The key to Armenia`s development is universal  diversification

 Thursday, October 7 2021 12:14:00
Aram Sargsyan: The key to Armenia`s development is universal  diversification

ArmInfo.Leader of the "Republic" party, former Prime Minister of Armenia Aram Sargsyan, in an interview with ArmInfo, comments on the latest regional  transformations with the participation of Armenia. Discusses the  prospects and ways of development of the Armenian economy. Shares his  own vision of the place and role of Armenia in the South Caucasus and  in the world.

ACBA Bank: publicity and a new development paradigm
 Tuesday, October 5 2021 19:04

ArmInfo. This year, one of the largest banks in Armenia, ACBA Bank, has made an extremely serious claim in the market. Due to the accumulated profit, the bank increased its authorized capital from 30 to 50 billion drams, and in mid-September announced an open and free subscription to its shares for a total of 7.5 billion drams.

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Andrey Sinyakov: We consider the completion of the second stage of the modernization project of the Agarak Copper-Molybdenum Combine as a serious anti-crisis measure
 Saturday, September 18 2021 15:16

ArmInfo.  Despite serious attempts to diversify Armenia's export-oriented industries, the mining industry remains the main locomotive of the country's economy. One of its largest players is the Agarak Copper-Molybdenum Combine (ACMC), which is included in the list of the largest taxpayers and is the operator of the city-forming enterprise, bordering Iran, in the southernmost region of Armenia.

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Expert: The unprecedented rise in gas prices in Europe and EAEU  membership open new opportunities for Armenia
 Wednesday, September 15 2021 12:07

ArmInfo.The unprecedented rise in gas prices in Europe and membership in the EAEU, in theory, open up new opportunities for Armenia in the direction of lowering  the existing price for Russian gas. A similar opinion was expressed  to ArmInfo by an expert on energy security Vahe Davtyan.

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Transformation and trust are important for success in modern banking. artak hanesyan
 Tuesday, August 24 2021 12:38

ArmInfoIn an interview for GlobalMarkets, Artak Hanesyan, Ameriabank’s CEO, explains the bank’s strategy and highlights some of the key reasons for its success in the Armenian market.  

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Economist: Armenian dram reacts to government actions
 Wednesday, June 30 2021 17:09

ArmInfo.In the post-election period, economic activity in Armenia will intensify even more, which is conditioned by the resolution of the internal political crisis  through the formation of the authorities, which will now have to  implement the announced programs. Economist Vahagn Khachatryan  expressed this opinion to ArmInfo.

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Telecom Armenia: New Strategy, New Network and New Horizons
 Wednesday, May 19 2021 01:19

ArmInfo. The only good news for our public at the end of last year was perhaps the announcement by brothers Alexander and Hayk Yesayan about the appearance of a national telecom operator on the market.

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Armenia`s restaurateurs have hardly recovered, and now they face  tougher taxes
 Tuesday, May 18 2021 12:55

ArmInfo. Representatives of the catering sector are beating the alarm - the Armenian government, within the framework of measures to cover the "tax gap", and in  violation of previously reached agreements, initiates tax changes.

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A year of fragile hopes or double-digit growth: What actually awaits  the Armenian economy in 2021 - Ashot Osipyan
 Thursday, May 13 2021 14:10

ArmInfo. The decline in the Armenian economy in 2020 was about 7.5%, largely due to the coronavirus pandemic and the Karabakh war. According to the forecasts of the IMF  and the Central Bank of Armenia for 2021, growth will be about  1-1.4%.

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Expert: Talk about the construction of a new nuclear power plant in  Armenia does not go beyond political rhetoric
 Tuesday, April 13 2021 16:40

ArmInfo.At this stage, conversations and discussions around the construction of a new  nuclear power plant in Armenia do not go beyond the framework of  table toasts, Vahe Davtyan, an expert in the field of energy  security, Doctor of Political Sciences expressed a similar opinion to  ArmInfo, commenting on the possibility of building a new nuclear  power plant in Armenia, voiced by Prime Minister Pashinyan at a  meeting with Russian President Putin.

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Optimism of the authorities contrary to official statistics: What  will the Armenian economy face?
 Thursday, April 8 2021 16:02

ArmInfo.Under the most optimistic scenario, Armenia's GDP will grow to 2% by the end of the year. If pessimistic forecasts are confirmed, the economy will collapse to  4-5%.  Economist Atom Margaryan stated this in an interview with ArmInfo.

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The later the economy will be restored, the higher the probability of  a foreign exchange rate and yield of bonds 
 Saturday, March 27 2021 14:53

ArmInfo. In the near future, harsh fluctuations are not expected, but if the recovery of the economy will require a longer time, then a small increase in the exchange  rate and profitability of securities is possible. Such a forecast in  an interview with Arminfo gave the General Director of the company  "Capital Asset Management" Alik Arakelian, noting that, nevertheless,  this growth will be manageable.  

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Armen Melikyan: in the field of telecommunications, Armenia may get   in a situation of the late 90s
 Saturday, July 11 2020 02:15

ArmInfo. The communications market of Armenia ceases to be part of the world telecom and is locked within its small borders. The news published in the media that MTS following VEON is going to leave Armenia is depressing.

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Ucom becomes an apple of discord and blackmail
 Monday, April 13 2020 17:52

ArmInfo. In recent days, Ucom, one of the leading telecommunications operators in Armenia, has become not only an apple of discord between major shareholders and top management, but also a subject of multilateral blackmail, in  which both sides, sorting things out and pursuing their own goals,  are trying to involve in the issue the state, the company's team and  their colleagues-competitors. Unfortunately, the situation in the  country due to the coronavirus pandemic is quite favorable for this.

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The license for the activities of the Armenian NPP may be extended  until 2026
 Tuesday, March 3 2020 11:26

ArmInfo.As it is known, a program is being implemented at the Armenian  Nuclear Power Plant to extend the life of the second power unit, the  most important component of which is to increase the safety level of   the ANPP.  ArmInfo correspondent Alexander Avanesov's interview with  Ashot Martirosyan, Chairman of the RA Nuclear Security Regulatory  Committee, on the process of the project implementation and other   relevant issues.

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Armenian NPP is not satisfied with the work of Rosatom State  Corporation and intends to complete the modernization program of the  second power unit independently
 Friday, February 28 2020 12:50

ArmInfo.Armenian Nuclear Power Plant intends to complete the program of modernization of the second power unit without the participation of Rosatom State  Corporation.

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RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook  "Positive"
 Thursday, January 16 2020 14:53

ArmInfo. Rating-Agentur Expert RA confirmed the  sovereign government credit rating (SGC) of Armenia at 'BB-'  (Sufficient level of creditworthiness of the government) in national  currency and at 'BB-' (Sufficient level of creditworthiness of the  government) in foreign currency.

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AmRating: A growing low-cost mortgage is "spurred on" by a steady  increase in property prices
 Tuesday, January 14 2020 19:24

ArmInfo. The growth of the retail loan portfolio of the banking system of Armenia over the past months has become more supported and supported by a growing mortgage,  which in turn is "spurred on" by a trend of stable increase in  property prices.  

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AmRating: Increasing toxicity of consumer loans will push banks to  not put all their eggs in one basket
 Tuesday, December 10 2019 21:04

ArmInfo. By November 2019, the banking system of Armenia even more accelerated the annual growth in retail lending - up to 36.3%, which was largely due to the high  activity of consumer lending, including mortgages, whose share  reached 27.5%, thanks to an increase of almost 40 % According to the  Central Bank of Armenia, from 2018 to November, the current growth  rate of consumer lending from 11.1% jumped to 30.9%.

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Analysts Opinion on Central Bank Report 
 Friday, December 6 2019 21:54

ArmInfo. The total loan portfolio of Armenian banks as of November 1, 2019 exceeded 3.1 trillion drams ($ 6.5 billion), slowing annual growth from 21% to  15%. At the same time, the volume of dram loans reached 1.5 trillion  drams ($ 3.2 billion), and foreign currency loans -1.6 trillion drams  ($ 3.3 billion). According to the Central Bank of the Republic of  Armenia, in the structure of the loan portfolio, a slowdown in annual  growth was observed both in terms of the dram component and the  currency component. Nevertheless, dram loans showed a high growth of  32.1% (against 40.5% a year earlier), while foreign currency growth  turned out to be meager - 2.1% (against 9.6% a year earlier).

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ArmInfo has released its 100th anniversary bank bulletin
 Tuesday, December 3 2019 20:25

ArmInfo. "Agency of Rating Marketing Information" (ArmInfo IC) published and provided its subscribers with a jubilee, hundredth, informational and analytical quarterly newsletter "Financial Ratings of Armenian Banks". "This is  commensurate with ArmInfo's 25 years of presence in the country's  financial analytics market," ArmInfo CEO Emmanuil Mkrtchyan said.

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