CBA Governor: Overheating of prices in Armenian real estate market may have ranged from 20-30% Friday, May 10 2024 20:29:00
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 ArmInfo.The overheating of prices in the Armenian real estate market may have ranged from 20-30%. This was stated by Governor of the Central Bank of Armenia Martin Galstyan on May 10, during an event held in Yerevan over the "Perspectives of Regional Economic Development" IMF report, referring in this regard to the Central Bank's Report on Financial Stability. |
Wednesday, December 6 2023 11:20
ArmInfo.From December 3 to 8 of this year, Director of the Business Development Department, Deputy CEO of ARMSWISCBANK CJSC Ara Makaryan is participating in the 28th UN Climate Change Conference (COP 28) in the UAE with the RA delegation. >>> |
Wednesday, December 6 2023 11:04
ArmInfo.Armenia's Parliament is discussing the final version of the 2024 draft budget. >>> |
Monday, December 4 2023 17:44
ArmInfo. On the sidelines of the 20th session of the United Nations Industrial Development Organization (UNIDO) General Conference, UNIDO and the Eurasian Development Bank (EDB) reaffirmed their commitment to jointly promote sustainable industrial growth in Central Asia in a Joint Declaration signed by Gerd Muller, Director General of UNIDO, and Nikolay Podguzov, Chairman of the Management Board of the EDB. >>> |
Friday, December 1 2023 15:50
ArmInfo.Ardshinbank has been distinguished as the Bank of the Year in the country for 2023 by The Banker, a renowned international financial publication under the Financial Times Group. In a comprehensive evaluation, financial organizations were rigorously assessed across various performance criteria, including growth, profitability, operational efficiency, asset quality, liquidity, and reliability, among others. >>> |
Friday, December 1 2023 15:41
ArmInfo.Chess and Jazz format for the first time introduced in Armenia. >>> |
Friday, December 1 2023 14:20
ArmInfo.In 2024, the expenditures of the state treasury of Armenia, compared with the approved figure for this year, will increase by approximately 562.5 billion drams, and will amount to more than a third of GDP - 3 trillion 206.5 billion drams (30.5% of GDP). >>> |
Thursday, November 30 2023 19:33
ArmInfo.“If in business life ESG principles are based on trusting relationships being formed between a company and multiple actors, from shareholders, communities to regulators, then non-financial reporting is a step towards its formal and real strengthening. This opinion is shared by Narine Melikyan, the Corporate Governance Center’s Director, who has spent decades developing and implementing internationally recognized and widely applied corporate governance standards in the business environment of Armenia. >>> |
Thursday, November 30 2023 19:21
ArmInfo. Small and medium-sized enterprises led by women in Armenia are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD) extends fresh funds to Acba Bank, supported by the European Union (EU) and Sweden. This is stated in the EBRD press release. >>> |
Wednesday, November 29 2023 11:56
ArmInfo. Converse Bank is the underwriter for corporate dram coupon bonds of the Euroterm company in the amount of AMD 500mln, the public primary placement of which began on November 28. This is noted in the Bank's message, which states that the coupon yield is set at 12.5%, the maturity period is 36 months, and the frequency of coupon payments is provided once every six months. The bonds of this issue mature on November 28, 2026. >>> |
Tuesday, November 28 2023 15:09
ArmInfo.For the first time in the years of formation and development of the bankcard market in Armenia, following the results of 9 months of this year, the volume of non-cash bankcard transactions exceeded the volume of cash transactions. >>> |
Tuesday, November 28 2023 11:27
ArmInfo. On November 27, 2023, at the RA Ministry of Finance, Armenia and the Asian Development Bank (ADB) signed the loan agreements "Seismic Safety Improvement Program - (SSIP)" and "Yerevan Urban Development Investment Project." >>> |
Monday, November 27 2023 20:12
ArmInfo. Along with the transition to non-cash payments in Armenia, the network of POS terminals in retail locations is actively expanding. >>> |
Monday, November 27 2023 20:02
ArmInfo. The European Bank for Reconstruction and Development (EBRD) has signed a funded Risk Sharing Framework (RSF) agreement with HSBC Bank Armenia (HSBC Armenia) to facilitate Armenian firms' access to finance. >>> |
Friday, November 24 2023 16:31
ArmInfo.The European Bank for Reconstruction and Development (EBRD) and the European Union have provided Ardshinbank with a $20 million credit for the development of Micro, Small, and Medium-sized Enterprises (MSMEs) in Armenia. The financial package aims to support growth, competitiveness, and green economy initiatives in Armenia. The agreement was signed on November 24 in Yerevan. >>> |
Thursday, November 23 2023 17:28
ArmInfo.The profits of Armenian banks, which sharply increased over the past year by leaps and bounds in foreign exchange transactions, are beginning to slow down significantly in growth rates. >>> |
Thursday, November 23 2023 17:06
ArmInfo.Ardshinbank and Dalan Technopark have announced the signing of a cooperation agreement. Ardshinbank has become the main partner of the technopark, financing one of the largest projects in the construction industry. >>> |
Thursday, November 23 2023 13:58
ArmInfo.Armenia is amending the EUR 5 million loan agreement Yerevan Metro Rehabilitation Project Phase II signed with the European Investment Bank (EIB) on May 10, 2013. >>> |
Thursday, November 23 2023 13:55
ArmInfo. On November 23, the Government of Armenia approved the proposal to sign the EUR 25mln financial agreement Yerevan Energy Efficiency Phase II between the European Investment Bank and Armenia. >>> |
Wednesday, November 22 2023 19:24
ArmInfo. The Armenian government is withdrawing from the mortgage loan income tax refund program, but in return, similar tools will be introduced as part of the income declaration mechanism. Armenian Minister of Economy Vahan Kerobyan told reporters during a briefing on November 22. >>> |
Wednesday, November 22 2023 18:42
ArmInfo.Germany will allocate grant and loan funds in the amount of 84.6 million euros to Armenia for the development of priority areas. Armenia's Minister of Economy Vahan Kerobyan announced November 22, summarizing the results of the two-day intergovernmental negotiations on the development of Armenian-German cooperation in Yerevan. >>> |
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