ArmInfo.Businesses in Armenia will have more opportunities to invest in green technologies thanks to a US$ 10  million (EUR 9.3 million) loan, which the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing to Inecobank for on-lending to corporates and small and medium-sized enterprises (SMEs) for green investments. This is stated in the official statement of the EBRD.

ArmInfo. Armenia will allocate about 2.4 billion drams (approximately $6.2 million) for the annual meeting  of the European Bank for Reconstruction and Development (EBRD), which will be held from May 14 to 16. The decision was made on May 2 at a meeting of the Cabinet of Ministers.

ArmInfo. By February 29, Armenia's public debt, against the backdrop of growing domestic debt, had grown  to another psychological threshold of $12 billion.

ArmInfo. The entry of a bank with an international brand into the financial market of Armenia is always desirable and important, Chairman of the Union of Banks of Armenia Daniel Azatyan stated during the final press conference on February 20, speaking about the deal to acquire Bank of Georgia Group PLC (BOGG) of one of the leading Armenian banks Ameriabank CJSC.

ArmInfo. On February 15, the Government of Armenia approved the proposal to sign Agreement No. 2  on amending the loan agreement Gyumri Urban Roads Project signed between the Republic of Armenia and the European Bank for Reconstruction and Development (EBRD) on May 11, 2016. 

ArmInfo.The impact of re-exports on GDP growth in 2022 was about 1%, and in 2023 - even  lower, which was associated with changes in the sanctions environment, a new reality replacing traditional directions, Deputy Minister of Economy Rafael Gevorgyan TOLD Armenia's Public TV. 

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ArmInfo.The Eurasian Development Bank (EDB) forecasts 5.7% GDP growth in Armenia in 2024. 

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ArmInfo.The European Union intends to attract up to EUR10 billion in investments to establish a  transport corridor from Central Asia to Europe through the Transcaucasus and Turkey, bypassing Russia, but so far Brussels is ready to allocate only EURO 2.97 billion for these purposes in the form of two credit lines from the European Investment Bank (EIB ) and the European Bank for Reconstruction and Development (EBRD), informs  the statement of the European Commission, made within the framework of the Investors Forum for EU-Central Asia Transport Connectivity  that opened in the Belgian capital.

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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ArmInfo.Ameriabank CEO Artak Hanesyan’s interview with Global Finance magazine

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.

ArmInfo. Chief of Staff of the Prime Minister Arayik Harutyunyan received Oleksandr Pavlyuk,  Senior Political Adviser at the European Bank for Reconstruction and Development (EBRD).

ArmInfo. Armenia's Minister of Finance Vahe Hovhannisyan hosted a delegation led by Mr Kazuhiko  Koguchi, Secretary General of the European Bank for Reconstruction and Development (EBRD). Attending the meeting were also Ms Stefania Galbiati Ball, Head, Annual Meetings, Protocol and Event Management  Unit at EBRD, and Mr George Akhalkatsi, Head of EBRD Yerevan Resident Office. 

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ArmInfo. As of August 31, 2023, Armenia's national debt totaled $11.387bln  - a 7% increase  this January-August (a $749.2mln increase), and a 5% or AMD 208.5bln increase. The period under review saw further AMD appreciation against the USD - AMD 480/$1 to AMD 385/$1.  

ArmInfo. A delegation of the International Monetary Fund (IMF) led by Mr Jihad Azour, Director of the IMF Middle  East and Central Asia Department, and Ms Iva Petrova, IMF Mission Chief for Armenia, was on a visit to Armenia recently. In an interview with Mr Emmanuil Mkrtchyan, CEO, ArmInfo News Agency, Mr Jihad Azour said that the IMF delegation visited Armenia on the occasion of the 30th anniversary of the Armenian national currency  and foundation of the Central Bank of Armenia, landmarks in Armenia's history.