ArmInfo. The regular, 23rd meeting of the Armenian- Russian Intergovernmental Commission on Economic Cooperation was held in Moscow under the joint chairmanship of Deputy Chairman of the Government of the Russian Federation Alexey Overchuk and Deputy Prime Minister of the Republic of Armenia Mher Grigoryan.

ArmInfo. The New Year is a time of giving, and finding the perfect gift is a wonderful way to show your love and care. This season, make your shopping more rewarding with the Idram&IDBank app, where you not only delight your loved ones but also enjoy exclusive perks.

ArmInfo. The International Finance Corporation (IFC) is anchoring a landmark $75 million  sustainability-linked bond issuance by Team Telecom Armenia with a $13.5 million participation to boost digital infrastructure in Armenia, as stated  in IFC press release.  Armenia.

ArmInfo. A few days  earlier, it became known that one of the leading telecommunications  companies in Armenia, Team Telecom Armenia (Telecom Armenia OJSC),  has issued Sustainability -Linked Bonds (OSUR - Sustainability-Linked  Bonds). In connection with such an unprecedented event in the capital  market of Armenia, a ceremonial event was held in Yerevan in the Dvin  hotel complex attended by representatives of the public, private and  banking sectors. During the event the company presented its  achievements in recent years and its plans for business expansion. 

ArmInfo. Deputy Prime  Minister Mher Grigoryan represents Armenia at the meeting of the  heads of government of the CIS and the EAEU countries.

ArmInfo. The EventHub.am platform, developed by  Dinno,  a subsidiary of Ameriabank's, is broadening its offerings.  From now on, EventHub.am provides a simpler and more convenient  solution for purchasing tickets to various events. This is noted in a  message fromAmeriabank, stating that next year, Eventhub will also be  accessible in Ameriabank's MyAmeria app, providing enhanced solutions  and various benefits to the bank's clients.  Currently, the  EventHub.am platform features over 300 events across more than 10  categories, including concerts, theater, children's events, stand-up  comedy, sports, etc. Does EventHub.am provide numerous discounts to  Ameriabank cardholders? Currently, when paying with Ameriabank cards,  a 5% cashback is available for all events on the platform, and for  some events, a 15-25% discount is provided with a promo code.

ArmInfo. We called this  year Black Friday, because everyone had good sales rates, but now we  are already gearing up for the challenges of next year. This was  stated by Armen Sakapetoyan, a board member of the NGO , during a conversation with journalists on  December 10 at an event dedicated to the construction sector's  year-end results.

ArmInfo. Armenia's nominal GDP in 2025 is projected to be AMD 10 trillion 891.5 billion, which is AMD 158.6 billion lower than the initial forecast. Expectations for  economic growth have also been reduced by 0.5 percentage points - to  5.1%. This is stated in the law , which  was approved by parliament on December 5.

ArmInfo. The Eurasian Development Bank (EDB) has developed a database of non-sovereign financing, which contains investments of international financial  institutions (IFIs) coming to the countries of the Eurasian region.  It contains more than 1,700 projects of international financial  institutions in 11 countries of the Eurasian region over the past 16  years, detailed by 50+ parameters.

ArmInfo. Ameriabank has been named the Bank of the Year 2024 in Armenia by The Banker Magazine, a leading financial publication affiliated with the Financial Times (FT). Winners of the Bank of the Year Awards were announced at the 2024 Banker Awards ceremony held in London on December 4. The prestigious award covers 127 countries and recognizes excellence of financial institutions that have grown while retaining a solid balance sheet, improved the quality of their service, invested in technology and considered their role within their local communities.

ArmInfo.  The Central Depository of Kazakhstan (CDA) has become a member of the Central Depository of Armenia (CDA) system, opening a personal account (depot account) of a nominal holder. This membership is important for deepening the interaction between the capital markets of the two countries and expanding access  to the securities markets. This is noted in a joint statement of the Armenian Stock Exchange and the Central Depository of Armenia.

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ArmInfo.Yerevan, November 23, 2024. ArmInfo. The announced withdrawal of the Armenian branch of the prominent international Hongkong and Shanghai Banking Corporation (HSBC), a banking group with British roots, from the domestic market has raised a valid question within the country’s financial community: where will HSBC's clients, particularly its business clientele accustomed to international banking standards since 1996, go? The announcement earlier this year of HSBC Bank Armenia's acquisition by a bank with exclusively Armenian roots brought both reassurance and numerous questions. ArmInfo's Director General and economic observer Emmanuil Mkrtchyan sought to clarify the situation with David Sargsyan, Deputy Chairman of the Management Board of Ardshinbank.

ArmInfo."Ardshinbank" CJSC announces the completion of the acquisition process of 100% shares of "HSBC Armenia" CJSC (HSBC Armenia). After the finalization of the transaction and integration works, which took about ten months, HSBC Armenia on November 29 was renamed “Ardshininvestbank”. Starting from December 2, clients of HSBC Armenia will be welcomed under the new branding while retaining their existing services and terms, complemented by numerous additional benefits.

ArmInfo. Thanks to the "Energy Efficient Regions" project, the energy consumption of public buildings in Armenia has decreased by 40%. This was announced during  an expert consultation by Karen Asatryan, Director of the "Energy  Saving and Renewable Energy Fund of Armenia" of the MTUI of Armenia.

ArmInfo. On November 14, Deputy  Chairman of the National Assembly of Armenia Hakob Arshakyan received in parliament a group of renowned scientists who arrived in Yerevan from the USA, China, Germany, Ukraine, and Estonia to participate in  an international forum on microelectronics.

ArmInfo. Acba Bank has started the public placement of the next coupon non-documentary dram bonds in  the amount of 5 billion drams with an annual coupon yield of 10.5%. This is noted in the Bank's message, which states that the placement started on November 11 and is scheduled to be completed on December 2. 

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ArmInfo. The Central Bank of Armenia believes that in recent years, there has been a significant  increase in external demand, leading to an increase in the potential for generating GDP.