Wednesday, January 31 2024 20:19
ArmInfo.Armenia's gross international reserves (GIR) decreased by 12.3% or $504.1 million in 2023 to $3.608 billion, while in 2022 it increased by 27.3% or $881.8 million to $4.112 billion dollars. GIR's quarterly dynamics also worsened - up to a 13.4% decline in Q4 from 6.6% growth in Q3, according to the data from the Central Bank of the Republic of Armenia. >>>
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Wednesday, January 31 2024 17:24
ArmInfo.RA Prime Minister Nikol Pashinyan visited the State Property Management Committee of the
Ministry of Territorial Administration and Infrastructure to discuss the Committee's activity report for 2023, the presss ervice of the Armenian PM reports. >>>
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Wednesday, January 31 2024 13:58
ArmInfo. According to preliminary estimates, Armenia's national debt reached 48.4% of the GDP by the end of 2023 against 49.2% the previous year, Minister of Finance Vahe Hovhannisyan told a press conference. >>>
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Tuesday, January 30 2024 19:09
ArmInfo.A weak deflationary impact on the Armenian economy is expected from the external sector. Governor of the Central Bank of the Republic of Armenia, Martin Galstyan, stated on at a press conference January 30, presenting the rationale for today's reduction in the refinancing rate by 0.5 pp - setting it at 8.75%. >>>
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Tuesday, January 30 2024 13:23
ArmInfo.At its meeting today, the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.5 pp, setting it at 8.75%. >>>
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Monday, January 29 2024 17:29
ArmInfo.There are currently no reasons for concern regarding the growth of consumer lending in Armenia. Deputy Governor at Central Bank of Armenia Armen Nurbekyan said, answering questions during a panel session at the economic forum organized by Amundi-ACBA Asset Management, the pension fund
management company. >>>
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Monday, January 29 2024 14:47
ArmInfo.Digital fuel cards are already available at a number of filling stations, which means you can save more by getting affordable fuel. >>>
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Monday, January 29 2024 13:53
ArmInfo.Ardshinbank CJSC has chosen OLYMPIC Banking System to support its securities and forex operations. >>>
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Friday, January 26 2024 22:44
ArmInfo.Ameriabank is the largest taxpayer among Armenian banks for the sixth year in a row. According to the data for January-December, 2023, total taxes paid by the bank to the state budget amounted to AMD 25.7 bn. >>>
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Friday, January 26 2024 21:03
ArmInfo. In 2023, the banking system of Armenia doubled tax payments to the state treasury - up to AMD 123.5bln ($305 million), of which AMD 71.5bln were for direct taxes (with an annual increase of 39.7%). >>>
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Friday, January 26 2024 17:00
ArmInfo.In 2023, AMD 51.9bln were returned to 38,911 beneficiaries of the income tax refund program within the framework of mortgage lending, which exceeds the previous year's figures by 42%, and the number of beneficiaries by 33%. >>>
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Friday, January 26 2024 12:59
ArmInfo.The past few years have seen a remarkable surge in the development of Armenia's fintech sector, driven by a vibrant amalgamation of factors. A youthful, tech-savvy population, supportive government policies, and a steadily growing economy have all contributed to this impressive expansion. >>>
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Thursday, January 25 2024 13:37
ArmInfo. Armenia's government has approved a bill on Ratification of Agreement on the Asia Infrastructure Investment Bank (AIIB). >>>
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Wednesday, January 24 2024 14:57
ArmInfo.You can already pay for parking with Idram, and as always, with one click, without making any effort. Now let us tell you how quickly and easily you can make the payment and not worry about parking your car. >>>
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Tuesday, January 23 2024 15:46
ArmInfo.IDBank continues the branch upgrade process. The Davtashen branch was reopened at 11/91, Davtashen 4th district, where the innovative, modern environment and the hall equipped with technological solutions wait for the customers. >>>
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Monday, January 22 2024 18:41
ArmInfo. In 2023, Armenia's public debt increased by 11.4% or 1 billion 207.6 million dollars to
11 billion 845.3 million dollars. >>>
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Friday, January 19 2024 19:53
ArmInfo. The net profit of Armenian banks dropped by 9.2% in 2023 (after 3-fold increase in 2022), amounting to 229.8 billion drams ($567.8 million) due to the deterioration of the y-o-y dynamics of non-interest income from a 4-fold increase to an almost 2-fold decline. Moreover, on a quarterly terms, profit began to decrease in Q3, then fell sharply down (-35%) in Q4, according to the data of the Express Ranking of Banks of Armenia as of December 31, 2023, prepared by ArmInfo IC. >>>
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Friday, January 19 2024 11:57
ArmInfo.Converse Bank has been awarded with the “Best Trade Finance Provider in Armenia” for 2024 award by the prestigious Global Finance magazine. >>>
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Thursday, January 18 2024 12:53
ArmInfo.At its meeting on January 18, the Government of Armenia approved the ratification of
the loan agreement of the Seismic Safety Improvement Program (additional financing) between the Republic of Armenia and the Asian Development Bank (ADB) worth 66.1 million euros. >>>
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Thursday, January 18 2024 12:40
ArmInfo.Armenia will attract EUR 25,000,000 for the Yerevan Energy Efficiency Phase II project.
Armenia's Cabinet approved a relevant decision on January 18. >>>
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