The Power of One Dram to the Road of Life Charitable Organization Friday, May 3 2024 18:31:02
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 ArmInfo.“The Power of One Dram” initiative sums up the program of the April month, as a result of which AMD 3,913,063 gathered will be directed by the beneficiary “4090” fund to the provision of tuition fees for students participating in the four-day and 44-day wars, giving the opportunity to a hundred of young people to change their quality of life through education. |
Monday, November 20 2023 12:06
ArmInfo.Armenia's banking system is making half-hearted attempts to reanimate corporate lending, which snowed a decline last year, against a backdrop of accelerated growth in private loans, which ensure acceptable return on and diversification of assets. However, such activity requires special attention needed for preventing delinquent loans from turning into risky ones. >>> |
Friday, November 17 2023 20:05
ArmInfo.Ameriabank has been recognized as the Best Bank for Digital Solutions in Armenia for the year 2023, as announced by Euromoney magazine in its Awards for Excellence. The magazine emphasizes Ameriabank's commitment to digital innovation and transformative technology, which has surpassed that of its peers over the past 12 months. >>> |
Friday, November 17 2023 15:49
ArmInfo.On November 17, Ardshinbank officially opened the new “Vardanants” branch, which is a specialized in serving and financing small and medium-sized business clients. While the branch specializes in meeting the unique needs of businesses, it also extends its services to individuals, offering a comprehensive range of modern banking solutions provided by Ardshinbank. >>> |
Friday, November 17 2023 11:42
ArmInfo. To cover the state budget deficit, Armenia will take out a EUR 50mln loan. At its meeting on November 17, Armenia's Cabinet approved the bill on ratification of the loan agreement "Green, sustainable and inclusive development programme" between Armenia and OPEC. >>> |
Wednesday, November 15 2023 20:58
ArmInfo. Daniel Azatyan was elected as the new chairman of the Union of Banks of Armenia (UBA) for a term of 3 years. This is noted in the UBA message, which states that he assumed this position on November 15. >>> |
Wednesday, November 15 2023 14:57
ArmInfo. In 2023, Armenia will experience a significant increase in domestic demand. Governor of the Central Bank of the Republic of Armenia Martin Galstyan stated on November 15 from the rostrum of the National Assembly of the Republic of Armenia. >>> |
Wednesday, November 15 2023 11:36
ArmInfo.Armenia's task is to ensure high-rate economic growth without a considerably growing inflationary pressure, Armenia's Minister of Finance Vahe Hovhannisyan stated in Parliament. >>> |
Wednesday, November 15 2023 11:17
ArmInfo. The state budget deficit of Armenia in 2024 will amount to 341.1 billion drams (about $880 million, the estimated US dollar exchange rate is 385.9 dr. per $1) or 3.2% of GDP, against 236.8 billion drams or 2.5% of GDP expected by end of this year and 179.5 billion or 2.1%, actual for 2022. >>> |
Tuesday, November 14 2023 18:37
ArmInfo.In 2024, more than 805 billion drams or more than $2 billion will be required to service and repay the debt of the RA government (calculated US dollar exchange rate is 385.9 AMD $1), and the expenses of the Ministry of Defense will amount to around 560 billion drams. This is stated in the budget report of the draft state budget for the next fiscal year. >>> |
Tuesday, November 14 2023 14:38
ArmInfo.An analysis of the stability of the RA government's debt shows that although the latter is stable, manageable and low-risk, it is sensitive to economic growth as well as exchange rate shocks, reads the 2024 budget message. >>> |
Monday, November 13 2023 16:47
ArmInfo. On the eve of Black Friday, from November 10 to December 1 inclusive, order Visa Digital, Visa Gold, Travel, Visa Platinum, Mastercard Standard cards from IDBank and receive a 50% discount for the entire validity period. >>> |
Thursday, November 9 2023 11:39
ArmInfo.Armenia is amending its financial agreement with the European Investment Bank (EIB) aimed at restoring the water supply network in the city of Yerevan. >>> |
Wednesday, November 8 2023 16:21
ArmInfo.Idram and IDBank summarize the October program of the "The power of one dram" initiative. During the previous month, the entire amount collected from the "one drams" transferred for each payment made by the Bank and Idram customers, the sum of which is AMD 3,580,216, was transferred to the "Hayordi" initiative. >>> |
Wednesday, November 8 2023 12:24
ArmInfo.An International Monetary Fund (IMF) team, led by Iva Petrova, visited Yerevan during September 13-25 to hold discussions with the Armenian authorities for the 2023 Article IV consultation and the second review under the Stand-By Arrangement (SBA) with Armenia. At the conclusion of the discussions, Ms. Petrova issued the following statement: >>> |
Wednesday, November 8 2023 12:17
ArmInfo.Maintaining macroeconomic stability in 2024 will make it possible to better manage public debt, keeping its volume at less than 50% of the country's GDP, Minister of Finance Vahe Hovhannisyan stated on November 8 at a meeting of the Committee on Finance and Budget, RA Parliament, as he presented the draft state budget of the country for next year. >>> |
Monday, November 6 2023 15:37
ArmInfo.The total amount of interstate loans issued by the Republic of Armenia to the Republic of Artsakh from 1993 to 2023 amounted to 1 trillion 155 billion 973 million drams or about $2.9 billion at the current exchange rate. This was reported by the Ministry of Finance of the Republic of Armenia in response to a request from ArmInfo. >>> |
Monday, November 6 2023 14:00
ArmInfo.In the 2024 financial year, it is planned to allocate AMD 168.022bln to the needs of the Ministry of Health of Armenia, RA Minister of Finance Vahe Hovhannisyan stated on November 6 during discussions in the commissions of the National Assembly of the Republic of Armenia when discussing the draft state budget of the country for 2024. >>> |
Monday, November 6 2023 10:31
ArmInfo.Prime Minister Nikol Pashinyan visited Gegharkunik Province and attended the opening ceremony of the new building of the Martuni Medical Center. >>> |
Friday, November 3 2023 18:03
ArmInfo.HSBC Bank Armenia CJSC (hereinafter HSBC Armenia/Bank) announces that, effective from 6 November 2023, the Bank’s Head Office will be relocated to a new, comfortable and modern facility at the following address: 42 Paronyan street, Yerevan. >>> |
Friday, November 3 2023 10:52
ArmInfo. In 2024, AMD 16.7bln will be allocated to the needs of the Ministry of Foreign Affairs of Armenia. RA Minister of Finance Vahe Hovhannisyan stated this during discussions on the draft state budget of the country for 2024 at a meeting of the commissions of the National Assembly of the Republic of Armenia. >>> |
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