International Finance Corporation can assist Armenia in capital market development Tuesday, April 23 2019 20:31:00
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 ArmInfo. On April 23, Armenian Deputy Prime Minister Mher Grigoryan received the Regional Manager of the International Finance Corporation (IFC) for the South Caucasus, Jan van Bilsen. |
Tuesday, April 23 2019 12:03
ArmInfo.The Eurasian Development Bank (EDB) began to provide settlement services for legal entities without using the international interbank settlement system SWIFT. >>> |
Monday, April 22 2019 11:55
ArmInfo. Ardshinbank, emphasizing the importance of digital services, activated the "Money Transfer by Phone Call" service. As ArmInfo explained to the press service of the bank, having called the toll-free number 080002222 and having passed the identification, you can order the transfer of the transfer to your current account in Ardshinbank. The Bank for money transfers cooperates with the systems MONEYGRAM, UNISTREAM, INTEL EXPRESS, SIGUE, MONEYTUN, RIA, etc. >>> |
Thursday, April 18 2019 17:16
ArmInfo. VTB Bank (Armenia)offers to purchase real estate under the new improved conditions of mortgage lending under the program "Housing for the Young." >>> |
Thursday, April 18 2019 17:14
ArmInfo. Ardshinbank extended the deadline for accepting applications for amnesty of fines / penalties for bad loans until October 1, thereby providing borrowers with additional time to restructure and refinance debt. As ArmInfo explained in the press service of the bank, it is a question of retail loans without collateral classified as bad as of May 31, 2018. >>> |
Wednesday, April 17 2019 17:43
ArmInfo.Ameriabank opened another regional branch - "Abovyan" in the city of Abovyan, Kotayk region, which is located at Constitution 7/2. In total, this is the 19th branch of the bank, and the 8th in the regions. >>> |
Monday, April 15 2019 16:18
ArmInfo.Converse Bank announced the next placement of AMD bonds in the amount of 1 billion drams and $ 10 million in dollars. These will be the 7th and 8th issues of Converse Bank's bonds, and among the dollar tranches it is the 4th and dram bonds- 3rd.The press service of the bank told ArmInfo that the yield on the coupon of AMD bonds of the new issue is 9.75% per annum and dollar ones - 5.5% per annum. The maturity of these two issues is 36 months. >>> |
Monday, April 15 2019 16:13
ArmInfo. Armenian Card National Payment System developed and launched ArCa mobile application with a convenient and simple interface, supplemented and advanced payment functions, on the Armenian market last Friday. Applications can already be downloaded on Google Play and the App Store. >>> |
Saturday, April 13 2019 21:37
ArmInfo. In the framework of the plenary meeting of the spring session of the IMF / WB and the annual meeting of 2019 of the Governing Boards of the IMF and the WB Group, a number of meetings were held. The Central Bank's press service told ArmInfo that Central Bank Chairman Artur Javadyan met with IMF Deputy Managing Director Tao Zhang, IMF Regional Director for the Middle East and Central Asia Jihad Azour, IMF Dutch Sub-Group Executive Director Anthony De Lannoy. >>> |
Saturday, April 13 2019 13:39
ArmInfo.Ameriabank placed loans for more than $ 4.5 billion in the economy of Armenia for 2007-2018. Of this amount, $ 674 million accounted for financing of SMEs. As the press service of the bank told ArmInfo, in total the average y-o-y growth in lending to the economy amounted to 39.5%, while the SME sector in particular - 41%. During this period, over 1.2 billion drams were directed to export financing by the bank. The share of Ameriabank loans in Armenia's GDP grew from 2007-2018 from 0.18% to 5.07%. >>> |
Friday, April 12 2019 15:29
ArmInfo.The volume of transactions on plastic cards of Armenian banks increased by 25% over the year, a special increase was recorded on non-cash Internet payments, which increased by more than 66% y-o-y. The total amount of plastic transactions is approaching $ 4 billion a year. >>> |
Thursday, April 11 2019 13:47
ArmInfo. Armenia will send $ 5.4 million to maintain its quota in the World Bank, the relevant decision was adopted at a meeting of the RA Government on April 11. Presenting the draft decision, Atom Janjughazyan, RA Minister of Finance, noted that at the end of last year, the Bank, through its structures- International Bank for Reconstruction and Development, International Development Association, International Finance Corporation, the Multilateral Investment Guarantee Agency and the International Centre for the Settlement of Investment Disputes- carried out an additional issue of their shares. >>> |
Wednesday, April 10 2019 20:06
ArmInfo.Ameriabank has the only credit portfolio in Armenia that exceeds $ 1 billion, amounting to $ 1.166 billion as of January 1, 2019, against $ 9 million ten years earlier (almost 130 times increase). The press service of the bank told ArmInfo that primacy is also retained on assets - $ 1.612 billion, against $ 44.5 million ten years ago (an increase of more than 36 times). The volume of investment attracted by banks increased over 10 years (2007-2018) from $ 5.7 million to $ 132.7 million (an increase of 23.3 times).Ameriabank also leads in total liabilities, the volume of which increased over the ten-year period from $ 33 million to $ 1.426 billion (an increase of 43.2 times). >>> |
Wednesday, April 10 2019 11:59
ArmInfo.Ardishinbank has improved the conditions of mortgage loans under the "Affordable Housing for Young Families" program. As the press service of the bank explains, the requirement for the total age of spouses has changed, the size of the prepayment has decreased and the maximum credit limit has increased. >>> |
Tuesday, April 9 2019 20:19
ArmInfo. In the nearest future serious technological changes are expected in the international financial system, including in Armenia. >>> |
Friday, April 5 2019 20:57
ArmInfo.The European Fund for Southern and Eastern Europe (EFSE), together with the Central Bank of Armenia, held a round table in Yerevan for bankers on the topic "Stable financing". >>> |
Friday, April 5 2019 15:11
ArmInfo.Dram was devalued against the dollar in March 2019 by March 2018 by 1.5% against the background of growth in consumer prices by 1.9%. According to the National Statistical Service of the Republic of Armenia, in March 2019 the average settlement rate was 487.4 AMD / $ 1, against 480.4 AMD / $ 1 in March 2018 and 484.8 AMD / $ 1 - in March 2017. >>> |
Friday, April 5 2019 11:43
ArmInfo. Ardshinbank, continuing the development of remote services, provides an opportunity to make simple and secure payments through the PayX system, which is already available in the Mobile Banking application. >>> |
Thursday, April 4 2019 18:20
ArmInfo. Leasing company AGBA Leasing has launched a new legislative initiative, with the adoption of which a new financial instrument will appear in the Armenian market - commercial real estate leasing. On April 4, the Executive Director of the AGBA Leasing Arsen Bazikyan said this during a press conference dedicated to the signing of a memorandum of cooperation with the Republican Union of Employers of Armenia (RSRA).<I can not disclose any details. But you know that from the first day of creation, our company is engaged in lobbying for leasing activities. >>> |
Thursday, April 4 2019 17:54
ArmInfo.The leasing company AGBA Leasing and the Republican Union of Employers of Armenia (RSRA) signed a memorandum of cooperation, under which the parties will contribute to the development and modernization of enterprises, in particular SMEs, green economy, stimulation of domestic equipment production, export growth, competitiveness, improved working conditions and othersAs noted by the Executive Director of the AGBA Leasing Arsen Bazikyan, cooperation with the RSRA will create an opportunity for SMEs and employers, including members of the Union, to receive interesting proposals for business development. >>> |
Thursday, April 4 2019 11:48
ArmInfo. ARARATBANK and the European Fund for Southeast Europe (EFSE) have signed a synthetic loan agreement for a dram amount equivalent to $ 15 million, which will be used to develop micro and small businesses in Armenia. On April 3, the Chairman of the Board of ARARATBANK Ashot Osipyan informed this at a press conference. >>> |
Former head of the Ministry of Finance: 
Vardan 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 services
Bulgarian 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 sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan: Armenia`s payment business has great prospects
Rating-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 of
Ara Khzmalyan: Armenia is comfortable to Russian tourist
The Armenian delegation to the US followed the advice of President Trump
Outflow of population and passivity of the Diaspora pushes property prices down
Finombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and non-creditworthy consumers
Vahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distances
Gagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual directions
Vitaly Nesis: Armenia is very promising from the geological point of view
The market of OSAGO goes into virtual space
Overdue loans accelerate growth in banking system of Armenia
RA Prime Minister: European Union is not ready to finance 100% of development programs implementation in Armenia
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 Yerevan
Veolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoff
Through the mobile banking application of Ardshinbank you can get a loan in seconds.
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 stations
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 unit
The Armenian government suggests raising the minimum pension by 60%
The updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of Energy
$ 100 million to be invested in repatriation project Build Armenia
FRV: Armenia`s growing desire to increase renewable energy sources is a decisive factor
Suren Papikyan: It`s safe now to do business in Armenia, assures Armenian Minister
Armenian state debt started reducing up to $6.7 bln to June 1 2018
Minister: Implementation of program on liberalization of the electric power complex of Armenia will be completed within the next two years
Nikol Pashinyan: In a number of cases after paying fines and penalties the borrowers will be allowed to take new loan 
German bank KFW urges Armenia to build power line in the direction to Georgia
Anna Chobanyan-one of most likely candidates for new Head of General Department of Civil Aviation 
IFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture Ministry
Rosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to Russia
Armenian nuclear power station has a resource for work for another 30 years
Premier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the country