Armenia`s Ministry of Finance on tax arrears and |
 ArmInfo. According to the results of 2024, the state treasury of Armenia, will fall short of tax revenues and duties by AMD158 billion compared to the program indicator for the current year. As a result, state budget expenditures will be reduced by AMD 130 billion. This information was reported by the Ministry of Finance of the Republic of Armenia in response to a written request from ArmInfo. |
Friday, April 26 2024 16:33
ArmInfo. In Q1 2023, the banking system of Armenia increased tax contributions to the state treasury by 8.3% per annum - up to 22.2 billion drams ($56.5 million). Of this amount, 85.2% or 18.9 billion drams were paid in direct taxes, with a y-o-y increase of 7.4%. >>> |
Tuesday, April 23 2024 17:32
ArmInfo.ArmSwissBank today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash - and uses the power of iPhone to protect every transaction. Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places. Customers can also use Apple Pay on iPhone, iPad, and Mac to make faster and more convenient purchases in apps or on the web in Safari without creating accounts or repeatedly typing in shipping and billing information. Apple Pay makes it easier to pay for food and grocery deliveries, online shopping, transportation, and parking, among other things. Apple Pay can also be used to make payments in apps on Apple Watch. Security and privacy are at the core of Apple Pay. When customers use a card with Apple Pay, the actual card numbers are not stored on the device, nor Apple servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, an industry-standard, certified chip designed to store the payment information safely on the device. >>> |
Monday, April 22 2024 16:36
ArmInfo.The net profit of Armenian banks increased in by 18.8% per annum Q1 2024 (after a 2.2-fold increase a year earlier), exceeding 83.1 billion drams ($211.4 million). It was possible to maintain the positive dynamics of net profit thanks to the acceleration of the y-o-y growth of the loan portfolio from 3.5% to 18.7%, ensuring a volume of 5.1 trillion drams ($13 billion), according to the data of the Express Ranking of Banks of Armenia on March 31, 2024, prepared by ArmInfo IC. In Q1 2024 alone, the net profit of banks increased 5.6-fold, while a year earlier in the same period a meager quarterly growth of 1.5% was recorded, and in Q4 2023, the dynamics completely slipped to negative 35%. >>> |
Monday, April 22 2024 14:38
ArmInfo. As part of their working visit to Washington to participate in the Spring Meetings of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG), a delegation of Armenia's Ministry of Finance led by Minister Vahe Hovhannisyan held a number of meetings with international partners. >>> |
Friday, April 19 2024 19:12
ArmInfo.Starting from April 1, 2024, IDBank clients who make their booking on the GetTransfer online platform and mobile application and pay with IDBank cards will receive an exclusive cashback. >>> |
Wednesday, April 17 2024 16:12
ArmInfo. On April 17, Converse Bank began the initial placement of dram and dollar bonds in the amount of 5 billion drams and $10 million in 2024. This is noted in the Bank's statement. >>> |
Friday, April 12 2024 18:43
ArmInfo. Leasing EXPO -2024, the specialized exhibition opened its doors in Yerevan, which brought together 70 brands producing equipment and machinery for more than 12 industries under one roof. The exhibition is organized by the Lessors' Association of Armenia and the Big Projects company. >>> |
Friday, April 12 2024 18:29
ArmInfo.AraratBank intends to double its leasing portfolio by the end of 2024. Edgar Avagyan Head of the Leasing Department at AraratBank told journalists on the sidelines of the Leasing Expo-2024 specialized exhibition. >>> |
Thursday, April 11 2024 15:19
ArmInfo.The Conversebank will present its Converse Leasing product at the annual Leasing Expo. As noted in the message from Converse Bank, visitors to the bank's stand will get acquainted with proposals for business financing, receive high-quality advice and, if necessary, will be able to fill out an application for financing. >>> |
Thursday, April 11 2024 12:59
ArmInfo.The refusal of some countries to service Russian Mir bank cards does not meet the common interests, says Elvira Nabiullina, Governor of the RF Central Bank. According to her, Russia continues to explain to partners that everyone is interested in creating "working payment systems." >>> |
Thursday, April 11 2024 09:23
ArmInfo.We know that you were waiting for this moment: idplus bonuses are already closer to you. Now you can use your bonuses directly in the Idram&IDBank application. >>> |
Monday, April 8 2024 19:21
ArmInfo. The transaction to acquire 90% of the shares of Ameriabank by the BOGG PLC international financial group, the main asset of which was Bank of Georgia, was completed last Friday. Now a second major asset in the form of Ameriabank has joined the Group. As previously reported, the total transaction amount was $303.6 million. >>> |
Monday, April 8 2024 13:35
ArmInfo.On April 4, IDBank and Idram signed the Joint Declaration on the Women's Empowerment Principles, among other organizations that have joined the UNDP initiative. >>> |
Wednesday, April 3 2024 17:20
ArmInfo. Over the past 3 years, Ameriabank has been intensively pursuing the path of digital transformation, which is already reflected in the form of concrete results. Arman Barseghyan, Retail Banking Director at Ameriabank, told reporters on the sidelines of the Doing Digital forum on April 3, noting that digital transformation has been on their agenda for about 8 years. "According to our understanding, Ameriabank is already a Fintech company," he emphasized. >>> |
Tuesday, April 2 2024 18:27
ArmInfo.IDBank and Idram sum up the March program of “The Power of One Dram” initiative, the beneficiary of which, as previously announced, is the environmental non-governmental organization “My forest Armenia”. Companies will direct the gathered amount, AMD 4.017.648, to the growth of Armenia’s forest fund and biodiversity conservation programs. >>> |
Tuesday, April 2 2024 18:19
ArmInfo.On March 30 of this year, the “Face-to-Face: Dialogue of Generations Regional Forum” took place in Vardenis, bringing together hundreds of young people from the regions of Armenia. >>> |
Monday, April 1 2024 21:59
ArmInfo.The Board of the Central Bank of Armenia has given preliminary consent to the acquisition of a significant participation in the authorized capital of Ameriabank CJSC by Bank of Georgia Group PLC (BOGG) and Bank of Georgia JSC. >>> |
Friday, March 29 2024 19:01
ArmInfo.Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 31st annual awards for the World’s Best Banks. Winners have been chosen in nearly 150 countries, territories and districts in the world with consideration of criteria such as growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products as well as the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry. >>> |
Friday, March 29 2024 15:16
ArmInfo. Armenia's Ministry of and Social Affairs has released a list of banks participating in a 10% cashback programme for pensioners. >>> |
Thursday, March 28 2024 13:57
ArmInfo. Armenia's gross international reserves (GIR) in February 2024 decreased by 4.6% per annum or by $164 million, amounting to $3.381 billion, while a year ago there was an increase of 17.7% or by $532.1 million - to $3.545 billion. Dynamics for January-February and only for February, like a year earlier, also downward, as a result of which the GMR moved more noticeably away from the historical maximum $4.220 billion achieved in August 2023. This is evidenced by data from the Central Bank of the Republic of Armenia. >>> |
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