Up to 10% cashback from GetTransfer with IDBank cards

 Friday, April 19 2024 19:12:01
Up to 10% cashback from GetTransfer with IDBank cards

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.

Armen Nurbekyan: consumer-lending sector has accumulated significant  growth potential
 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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Idplus Digital Fuel Cards: Everyone Makes a Plus
 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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Ardshinbank selects OLYMPIC banking system
 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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Ameriabank is the Largest Taxpayer Among Armenian Banks
 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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Armenian banking system`s tax payments doubled last year 
 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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Number of beneficiaries of income tax reimbursement programme 33% up
 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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Konstantin Tserazov: Evolution of financial technologies in Armenia
 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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Armenia joining AIIB
 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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Pay for the Parking with Idram with One Click
 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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IDBank’s Davtashen Branch Is Waiting for Customers After Renovation
 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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Armenia`s public debt increased by more than $1.2 billion in 2023
 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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Armenian banks profits dropped by 9.2% in 2023 after 3-fold increase  in 2022
 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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Converse Bank for the fifth time in a row is recognized as the best by Global Finance 
 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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ADB allocates additional EUR 66.1 million to implement seismic risk  reduction program in Armenian schools
 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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Armenia to attract EUR 25,000,000 for the Yerevan Energy Efficiency  Phase II project
 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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Armenia`s government accepts 12.5% of the Lydian Armenia shares as  gift
 Thursday, January 18 2024 12:37

ArmInfo.On January 18, Armenia's Cabinet approved a decision on the RA government accepting  12.5% of the Lydian Armenia shares as a gift.  

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Armenia to attract ADB loan for construction of road section 
 Thursday, January 18 2024 12:08

ArmInfo.Armenia's Cabinet has approved the ratification of the EUR 60mln financial agreement  Yerevan Urban Development Investment Project with the Asian Development Bank (ADB) of November 27, 2023. 

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The announcement on the complete allocation of "Euroterm" bonds ahead of schedule.
 Thursday, January 18 2024 10:16

ArmInfo.Converse Bank announces on the completion of Euroterm CJSC corporate bonds allocation ahead of schedule. From 28.11.2023 to 12.01.2024, Converse Bank allocated bonds with total volume of AMD 500 million with a coupon rate of 12.5% and a maturity of 36 months.

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Araratbank attracts usd 5 million from GGF to propel green financing in Armenia
 Wednesday, January 17 2024 15:11

ArmInfo.Boosting green lending for SMEs and households, especially in agriculture, manufacturing, and small-scale renewable energy 

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Armenia`s ministry of labor changes order of deposit compensation
 Wednesday, January 17 2024 14:31

ArmInfo.The government will compensate the deposits of citizens born before June 30, 1941 inclusive, who were invested in the Republican Bank of the Armenian SSR of the Savings Bank of the USSR. The Ministry of Labor and Social Affairs reported this, citing a government decision.

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News
Up to 10% cashback from GetTransfer with IDBank cardsUp to 10% cashback from GetTransfer with IDBank cards
South Africa expresses interest in developing cooperation with  Armenia in jewelry and cutting industry South Africa expresses interest in developing cooperation with  Armenia in jewelry and cutting industry 
Armenia, UAE discuss possibilities of increasing mutual trade volumesArmenia, UAE discuss possibilities of increasing mutual trade volumes
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientistYerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientist
KfW stands ready to support Armenian government  in implementation of  new projectsKfW stands ready to support Armenian government  in implementation of  new projects
Cooperation with German Fichtner company discussed Cooperation with German Fichtner company discussed 
Armenia, China can record much greater results both in economic and  political dialogue and cultural cooperation - MPArmenia, China can record much greater results both in economic and  political dialogue and cultural cooperation - MP
U.S. capital important for Armenia`s mining industryU.S. capital important for Armenia`s mining industry
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Armenia introduces new rules for labeling carbonated, non-carbonated  watersArmenia introduces new rules for labeling carbonated, non-carbonated  waters
Arsen Bazikyan: Armenia`s agriculture is transforming into  agribusinessArsen Bazikyan: Armenia`s agriculture is transforming into  agribusiness
Armenia to join e-CMR protocolArmenia to join e-CMR protocol
Armenia`s government changes Kaps reservoir project funding Armenia`s government changes Kaps reservoir project funding 
Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties 
IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%
Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers 
EEC Board decided to liberalize certain categories of precious  metals` import/exportEEC Board decided to liberalize certain categories of precious  metals` import/export
Earthquakes, drought could affect Armenia`s debt sustainability -  EFSDEarthquakes, drought could affect Armenia`s debt sustainability -  EFSD
Converse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 millionConverse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 million
USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia 
Expert: Armenia has the potential to get high-quality and abundant  harvest of apricots this yearExpert: Armenia has the potential to get high-quality and abundant  harvest of apricots this year
EFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and TajikistanEFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and Tajikistan
Armenia is considering appointing attache in Silicon ValleyArmenia is considering appointing attache in Silicon Valley
Astana proposes joint investment programmes in Yerevan Astana proposes joint investment programmes in Yerevan 
Armenia, Kazakhstan have unrealized economic potential - premier Armenia, Kazakhstan have unrealized economic potential - premier 
Armenia, EU discuss expansion of economic cooperation Armenia, EU discuss expansion of economic cooperation 
Transavia airline starts operating route Lyon-Yerevan-LyonTransavia airline starts operating route Lyon-Yerevan-Lyon
EAEU and its economic principles should not be mixed with political  ambitions - Nikol PashinyanEAEU and its economic principles should not be mixed with political  ambitions - Nikol Pashinyan
Armenia, Australia to strengthen cooperation in high-tech field Armenia, Australia to strengthen cooperation in high-tech field 
Leasing EXPO -2024 officially opened in YerevanLeasing EXPO -2024 officially opened in Yerevan
Araratbank to double leasing portfolio by end of 2024Araratbank to double leasing portfolio by end of 2024
Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis 
Economy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s productsEconomy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s products
Info about IT specialists leaving Armenia en masse has nothing to do  with reality - premierInfo about IT specialists leaving Armenia en masse has nothing to do  with reality - premier
WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% 
Government is ready to share risks with agricultural insurersGovernment is ready to share risks with agricultural insurers
EIB to issue loan under energy efficiency programme to Armenia EIB to issue loan under energy efficiency programme to Armenia 
Deadline for filing personal income declarations in Armenia may be  extendedDeadline for filing personal income declarations in Armenia may be  extended
ADB intends to expand its areas of activity in ArmeniaADB intends to expand its areas of activity in Armenia
ADB forecasts 5.7% economic growth for Armenia in 2024ADB forecasts 5.7% economic growth for Armenia in 2024
Conversebank to present its Converse Leasing product at annual  Leasing ExpoConversebank to present its Converse Leasing product at annual  Leasing Expo
By rebranding, INGO Armenia IC begins new stage of developmentBy rebranding, INGO Armenia IC begins new stage of development
Some countries refusal to service Russian Mir bank cards against  common interests - Elvira NabiullinaSome countries refusal to service Russian Mir bank cards against  common interests - Elvira Nabiullina
USAID to invest additional $33mln in Armenia`s economy USAID to invest additional $33mln in Armenia`s economy 
Idplus Bonuses in Idram&IDBank ApplicationIdplus Bonuses in Idram&IDBank Application
Deputy PM: we are ready for any assistance to contribute cargo  aviation establishmentDeputy PM: we are ready for any assistance to contribute cargo  aviation establishment
Mkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterallyMkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterally
Armenia, Iran discuss organization of joint production in various  branches of economy Armenia, Iran discuss organization of joint production in various  branches of economy 
ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  
Armenia`s Ministry of High-Tech Industry developing sectoral strategy Armenia`s Ministry of High-Tech Industry developing sectoral strategy 
Armenia`s footwear exports to Russia 11 times up Armenia`s footwear exports to Russia 11 times up 
EDB sets course for digital future of transportation at joint EEC and  ESCAP eventEDB sets course for digital future of transportation at joint EEC and  ESCAP event
Team`s Next Generation Networ is already available in AshtarakTeam`s Next Generation Networ is already available in Ashtarak
Kazakhstan`s potential exports to Armenia total $350mln - minister Kazakhstan`s potential exports to Armenia total $350mln - minister 
Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier 
Acquisition of Ameriabank by BOGG PLC int`l financial group completedAcquisition of Ameriabank by BOGG PLC int`l financial group completed
Armenian service sector generated revenue of $1.2 billion in first  two monthsArmenian service sector generated revenue of $1.2 billion in first  two months
EEC: EAEU common electricity market is at high level of readinessEEC: EAEU common electricity market is at high level of readiness
Armenia`s metallurgical industry increased production volumes by 37%  in first 2 monthsArmenia`s metallurgical industry increased production volumes by 37%  in first 2 months
Idram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment PrinciplesIdram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment Principles
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