News

IDBank warmly hosted children from the IDBank warmly hosted children from the "Music for Future" Foundation.
Stolen cars in Armenia may be exempt from taxationStolen cars in Armenia may be exempt from taxation
IranImport Group and Chabahar CFZ to start cooperationIranImport Group and Chabahar CFZ to start cooperation
Armenia to issue budget loan to Iranian company Sanir building a  400-kilovolt   electricity transmission line from Iran to ArmeniaArmenia to issue budget loan to Iranian company Sanir building a  400-kilovolt   electricity transmission line from Iran to Armenia
Armenia officially becomes 104th full member of International Solar  AllianceArmenia officially becomes 104th full member of International Solar  Alliance
World Bank supports Armenia`s MIA in addressing chemical substances  at Nairit PlantWorld Bank supports Armenia`s MIA in addressing chemical substances  at Nairit Plant
Armenia`s Cabinet of Ministers allocates AMD 34.7 mln for first  landfill construction projectArmenia`s Cabinet of Ministers allocates AMD 34.7 mln for first  landfill construction project
A new laboratory for calibrating time, frequency, and electrical  measuring equipment opened in Yerevan A new laboratory for calibrating time, frequency, and electrical  measuring equipment opened in Yerevan
Armenia, Latvia map out ways of cooperation in digitization and  telecommunicationArmenia, Latvia map out ways of cooperation in digitization and  telecommunication
Armenia`s government approves proposal to sign agreement on Gazprom  training center Armenia`s government approves proposal to sign agreement on Gazprom  training center 
Armenia`s government sets new rules for Duty freeArmenia`s government sets new rules for Duty free
Energy consumption of Armenia`s public building 40% down thanks to  Energy Efficient Regions projectEnergy consumption of Armenia`s public building 40% down thanks to  Energy Efficient Regions project
Armenia, Cuba condiering tourism cooperation agreementArmenia, Cuba condiering tourism cooperation agreement
Armenian Airlines to launch Yerevan-Tbilisi-Yerevan flightsArmenian Airlines to launch Yerevan-Tbilisi-Yerevan flights
Armenian builders gearing up for major projects and adopting European  technical standardsArmenian builders gearing up for major projects and adopting European  technical standards
Ameriabank joins EngageArmenia2024 Forum UAE to present a special offer for Diaspora ArmeniansAmeriabank joins EngageArmenia2024 Forum UAE to present a special offer for Diaspora Armenians
Margaryan: International Chamber of Commerce plans to open its branch  in KazakhstanMargaryan: International Chamber of Commerce plans to open its branch  in Kazakhstan
Economy Minister, pharmaceutical companies of Armenia discuss  measures to enhance and diversify the industry`s investment  environmentEconomy Minister, pharmaceutical companies of Armenia discuss  measures to enhance and diversify the industry`s investment  environment
Tula entrepreneurs looking to grow in the Armenian marketTula entrepreneurs looking to grow in the Armenian market
Armenia`s GDP grows by 25.6% in Q3 2024, surpassing $2.3,000 per  capita Armenia`s GDP grows by 25.6% in Q3 2024, surpassing $2.3,000 per  capita 
World Bank considering new opportunities for cooperation with Armenia  in high technology sectorWorld Bank considering new opportunities for cooperation with Armenia  in high technology sector
SKY Express airline launches Athens-Yerevan-Athens flightSKY Express airline launches Athens-Yerevan-Athens flight
Armenia`s deputy minister of finance on solutions for organizations  providing free legal services Armenia`s deputy minister of finance on solutions for organizations  providing free legal services 
Armenia`s Ministry of Finance on profits with higher taxes Armenia`s Ministry of Finance on profits with higher taxes 
FREDA fund`s future uncertainFREDA fund`s future uncertain
UPay has joined Idram`s Open QR infrastructureUPay has joined Idram`s Open QR infrastructure
European Investment Bank signs EUR 236 mln to finance construction of  Sisian-Kajaran roadEuropean Investment Bank signs EUR 236 mln to finance construction of  Sisian-Kajaran road
A Free Mastercard and 10% idcoins with Cashless Payments. IDBankA Free Mastercard and 10% idcoins with Cashless Payments. IDBank
EDB announces conference EDB announces conference "Supporting Sustainable Development in  Central Asia"
Armenia`s Central Bank Head highlights AI risks and opportunities Armenia`s Central Bank Head highlights AI risks and opportunities 
Individual taxpayers to report to tax authorities on the movement of  funds in their accountsIndividual taxpayers to report to tax authorities on the movement of  funds in their accounts
Pashinyan presents the RA State Award for global contribution in IT  sector to Narayana MurthyPashinyan presents the RA State Award for global contribution in IT  sector to Narayana Murthy
27.4% of Armenia`s energy supplies on competitive terms in Jan-Oct  202427.4% of Armenia`s energy supplies on competitive terms in Jan-Oct  2024
Armenian NA discussing candidacy of PSRC chairman Armenian NA discussing candidacy of PSRC chairman 
AraratBank Named Best Investor Relations Bank Armenia 2024AraratBank Named Best Investor Relations Bank Armenia 2024
Armenian NA vice-speaker meets with group of scientists Armenian NA vice-speaker meets with group of scientists 
Armenian NA discussing candidacy of PSRC chairman Armenian NA discussing candidacy of PSRC chairman 
ARARATBANK AND SINGAPORE GFTN SIGN MEMORANDUM OF UNDERSTANDING FOR DIGITAL TRANSFORMATIONARARATBANK AND SINGAPORE GFTN SIGN MEMORANDUM OF UNDERSTANDING FOR DIGITAL TRANSFORMATION
Saving together: IDBank and IdramSaving together: IDBank and Idram
EBRD presented draft of 2025-2030 strategy for ArmeniaEBRD presented draft of 2025-2030 strategy for Armenia
Discussions in Yerevan about the possibility of opening EIB office in  ArmeniaDiscussions in Yerevan about the possibility of opening EIB office in  Armenia
Asian Development Bank exploring possibility of setting up special  economic zone in GyumriAsian Development Bank exploring possibility of setting up special  economic zone in Gyumri
High technology development program in Armenia to run until 2032High technology development program in Armenia to run until 2032
Armenia`s premier orders drafting new tax code to meet national  interests Armenia`s premier orders drafting new tax code to meet national  interests 
Armenia showcased its light industry at 18th international exhibition  BEE-TOGETHER in MoscowArmenia showcased its light industry at 18th international exhibition  BEE-TOGETHER in Moscow
Armenia`s Ministry of Economy to reimburse customs duties to local  businesses Armenia`s Ministry of Economy to reimburse customs duties to local  businesses 
First TUMO center in South America to open in Argentine capital of  Buenos Aires
Armenia plans to open trading house in IranArmenia plans to open trading house in Iran
1.92mln tourists visited Armenia in Jan-Oct 20241.92mln tourists visited Armenia in Jan-Oct 2024
Minister: All organizational issues related to new company resolved,  with the exception of personnel mattersMinister: All organizational issues related to new company resolved,  with the exception of personnel matters
Acba bank and American Express Expand Collaboration in ArmeniaAcba bank and American Express Expand Collaboration in Armenia
Gevorg Papoyan: Economy of Armenia continues to experience high  growth and successfully withstand international challengesGevorg Papoyan: Economy of Armenia continues to experience high  growth and successfully withstand international challenges
Expert: Yerevan`s decision to transfer its Expert: Yerevan`s decision to transfer its "peaceful atom" to Western  rails poses risks to Armenia`s energy security
IMF: Inflation in Armenia expected to rise to 3.9% in 2025, nearing  the target rateIMF: Inflation in Armenia expected to rise to 3.9% in 2025, nearing  the target rate
Armenia to host International Microelectronics ForumArmenia to host International Microelectronics Forum
Russian gas supplies to Armenia suspended Russian gas supplies to Armenia suspended 
We are progressing toward international safety rules for Armenian NPP - RosatomWe are progressing toward international safety rules for Armenian NPP - Rosatom
Evocabank became the first bank to join Idram’s open QR infrastructure.Evocabank became the first bank to join Idram’s open QR infrastructure.
Multicomponent semiconductor and silicon-photonic microcircuit  production to be established in ArmeniaMulticomponent semiconductor and silicon-photonic microcircuit  production to be established in Armenia
Diplomat: China is ready to cooperate closely with Armenia in nuclear  energyDiplomat: China is ready to cooperate closely with Armenia in nuclear  energy
Read more


 Currency Market

 Indicators


Exchange rates
21.11.2024
RUB3.86-0.02
USD389.450.26
EUR409.74-0.78
GBP491.95-0.73
CAD278.820.67
JPY25.220.23
CNY53.780.07
CHF440.701.28


Experts
The state should establish strict rules for its relations with  investors, rather than engaging in promiscuous partnerships with them  - Artur AshugyanThe 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 Fixing over-ambitious and unrealistic goals most dangerous - expert 
Idram: Infrastructure for Financial Institutions․ Idram for EveryoneIdram: Infrastructure for Financial Institutions․ Idram for Everyone
Read more

Commented
The sale of HSBC Bank Armenia to Ardshinbank to be completed on  November 29, 2024The sale of HSBC Bank Armenia to Ardshinbank to be completed on  November 29, 2024
Armenian government approves 2024-2040 demographic strategy Armenian government approves 2024-2040 demographic strategy 
Armenia`s economy and state competing for sooner collapse -  ex-official Armenia`s economy and state competing for sooner collapse -  ex-official 

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2