Saturday, November 23 2024 11:47
ArmInfo. November 18 to 22, 2024, in Armenia's interbank foreign exchange market, USD and RUB transactions were effected all the days except for Friday, with no
EUR transactions effected for the third week running. USD
transactions showed a 51% decline against a 3- fold growth the
previous week. The total amount of USD transactions insignificantly
exceeded the total amount of RUB transactions. >>>
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Friday, November 22 2024 22:20
ArmInfo.Black Friday is just around the corner, promising irresistible deals and discounts. But amidst the frenzy, it’s easy to overspend and find yourself in financial trouble. To help you enjoy the shopping season without breaking the bank, here are five practical tips: >>>
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Friday, November 22 2024 15:37
ArmInfo.The net inflow of private transfers to Armenia in January-September 2024 accelerated its annual decline from 23.1% to 33.3%. In absolute figures it decreased from $1.3 billion to $888 million. >>>
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Friday, November 22 2024 13:06
ArmInfo. RA Minister of Finance Vahe Hovhannisyan met with the Executive Director of the U.S. International Development Finance Corporation Kenneth Engel. >>>
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Thursday, November 21 2024 23:24
ArmInfo.Recently, IDBank had the honor of hosting some very special guests—10 participants from the “Music for Future” Foundation’s educational program. During their visit, they explored the Bank’s internal structure and had an inspiring meeting with the Chairman of the Board, Mher Abrahamyan who is a member of the board of trustees. >>>
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Thursday, November 21 2024 15:58
ArmInfo. The Ministry of Internal Affairs of Armenia highly appreciates the World Bank's willingness to assist in addressing the hazardous chemical substances present at the Nairit Plant CJSC. This was stated by Kamo Tsutsulyan, Director of the Rescue Service of the Ministry of Internal Affairs and Deputy Minister of Internal Affairs, during a meeting with Sanjay Srivastava, World Bank Regional Director for Central Asia and Europe, and Irina Kaplanyan, Senior Climate Change Advisor. >>>
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Wednesday, November 20 2024 18:12
ArmInfo.Ameriabank will participate in the EngageArmenia2024 Forum, scheduled for November 23, 2024, in Dubai. The forum provides a dynamic platform to explore opportunities for Diaspora Armenians, featuring engagement sessions, interactive breakout discussions, and networking opportunities. >>>
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Tuesday, November 19 2024 15:38
ArmInfo.The World Bank (WB) is considering new opportunities for cooperation with Armenia in the high technology sector. This became known following a meeting between Armenia's Deputy Minister of High-Tech Industry Ruben Simonyan, and a WB delegation led by Cecile Niang, the Practice Manager of the Finance, Competition and Investments Department). In particular, she noted that new cooperation opportunities will be presented in the shortest possible time, with a focus on the research and development (R&D) sector. The Deputy Minister, in turn, presented the guests with programs aimed at developing the technology sector and fostering economic growth. He also spoke about the goal of transforming Armenia into a regional technology hub. >>>
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Tuesday, November 19 2024 14:14
ArmInfo. Deputy Minister of Finance of Armenia Arman Poghosyan explained what solutions are proposed for public organizations providing free consulting and legal
assistance within the framework of new tax amendments. >>>
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Tuesday, November 19 2024 13:16
ArmInfo. In Armenia, a business with a high level of documented expenses may even end up in the black as a result of the proposed tax amendments. This assurance was made by Deputy Finance Minister Arman Poghosyan on November 19 at parliamentary hearings on the package of bills on amendments and additions to the RA Tax Code, concerning the transfer of certain areas of professional activity to the value-added tax system. >>>
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Monday, November 18 2024 17:16
ArmInfo. At a press conference held on September 23, Idram announced the opening of its QR infrastructure. On the same day, it was revealed that Upay has joined the Open QR system. Now, Upay users can scan and pay using the Idram QR code available at more than 22,500 points of sale through their applications. >>>
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Monday, November 18 2024 16:14
ArmInfo. IDBank introduces an exciting promotion, “Shopping,” designed to make your purchases even more rewarding! Until December 31, 2024, customers using Mastercard Standard or Mastercard Gold cards, whether newly issued or existing, can enjoy 10% back in idcoins on purchases made at the following online retailers: >>>
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Monday, November 18 2024 11:50
ArmInfo.The Eurasian Development Bank (EDB) will hold its annual conference "Supporting Sustainable Development in Central Asia" in Almaty on December 6. >>>
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Saturday, November 16 2024 15:21
ArmInfo. Martin Galstyan, Chairman of the Central Bank (CB) of Armenia, took part in a panel discussion at the technological summit , where he discussed the use of artificial intelligence in the financial sector, as reported by the press service of the Central Bank of Armenia. He highlighted the risks and opportunities of AI, emphasizing the dangers of cyberattacks, data quality issues, and competitive inequalities that may affect smaller companies due to the complexity and opacity of the technology. >>>
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Saturday, November 16 2024 11:52
ArmInfo. Armenian tax authorities will check the bank accounts of not only businesses, but also ordinary citizens, individual taxpayers. The initiative was approved by the Cabinet of Ministers the day before. >>>
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Friday, November 15 2024 14:09
ArmInfo. AraratBank has been awarded the Best Investor Relations Bank Armenia 2024 in the Global Banking & Finance Review awards 2024. This recognition highlights the Bank's commitment to transparent and effective cooperation with investors, as well as its adherence to high standards of corporate governance in line with international best practices. >>>
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Thursday, November 14 2024 18:26
ArmInfo. ARARATBANK OJSC and Global Finance & Technology Network (GFTN) of Singapore have signed a Memorandum of Understanding to enhance the Bank's digital capabilities and fintech infrastructure. >>>
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Thursday, November 14 2024 18:11
ArmInfo. Since the advent of money in human society, the question of "how to save" has emerged. Through various initiatives, IDBank actively promotes the development of a savings culture among its customers. >>>
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Wednesday, November 13 2024 17:38
ArmInfo. Acba bank and American Express have announced an expansion of their long-standing agreement which grants Acba the license to issue American Express Cards and acquire American Express-accepting merchants. Acba bank has been American Express’ exclusive licensee in Armenia since 2009. >>>
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Tuesday, November 12 2024 17:36
ArmInfo.At a press conference on September 23, Idram announced the launch of its own QR infrastructure. On the same day, it was reported that Evocabank became the first bank to join the Open QR system. Now, Evocabank customers can scan Idram QR codes, installed at more than 22,000 retail locations, and make payments using the EvocaTOUCH app. >>>
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Armenian Banks: About HSBC, Ardshinbank and Conducting Business in the New Environment of Sanction Restrictions
The state should establish strict rules for its relations with investors, rather than engaging in promiscuous partnerships with them - Artur Ashugyan
Fixing over-ambitious and unrealistic goals most dangerous - expert 
The sale of HSBC Bank Armenia to Ardshinbank to be completed on November 29, 2024
Armenian government approves 2024-2040 demographic strategy 
Armenia`s economy and state competing for sooner collapse - ex-official