Team Telecom Armenia`s Sustainable Development Bonds to be listed at  Armenia Stock Exchange
 Friday, December 20 2024, 18:28

ArmInfo.Telecom Armenia's  Sustainability-Linked Bonds (SLB) (Team Telecom Armenia trademark)  were approved at the Armenian Stock Exchange (AMX) on December 20 and will be listed on Armenia stock exchange's main (Abond) list  from December 25. This was reported by AMX.

EBRD invests $13.5 million  in Team Telecom Armenia`s $75 million  bond issuance 
 Friday, December 20 2024, 17:48

ArmInfo.The European Bank for Reconstruction and Development (EBRD) as an anchor investor, is  participating in Team Telecom Armenia's (trademarked as Team Telecom Armenia),  $75 million (EUR 71.6 million) sustainability linked bond (SLB) with an investment of US $13.5 million (EUR 12.9 million) .

IMF Board completed the 4th review under the SBA with Armenia,  providing the country with access to SDR $24.12 million
 Wednesday, December 18 2024, 16:03

ArmInfo. The IMF Executive Board completed the forth review under the Stand-By Arrangement (SBA)  with Armenia, providing the country with access to SDR 18.4 million (about US $24.12 million).

Converse Bank included in the list of Confirming banks of the EBRD  TFP
 Tuesday, December 17 2024, 23:02

ArmInfo. The European Bank for Reconstruction and Development (EBRD) included Converse Bank in the  list of confirming banks under the Trade Finance Program (TFP). As noted in the message of Converse Bank, the respective agreement was signed on November 14, 2024.

IFC anchors Armenia`s first sustainability-linked bonds
 Tuesday, December 17 2024, 17:12

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.

Converse Bank has been included in the list of Confirming Banks of the EBRD TFP
 Monday, December 16 2024, 17:53

ArmInfo. We are pleased to announce that Converse Bank has made a significant stride in the realm of trade finance by becoming a confirming bank under the EBRD TFP.

EBRD and AraratBank Join Forces to Promote Green Economy and Competitiveness in Armenia
 Friday, December 13 2024, 23:24

ArmInfo. AraratBank and the European Bank for Reconstruction and Development (EBRD) have signed a USD 10 million loan agreement aimed at promoting green initiatives and competitiveness. The program is implemented in partnership with the European Union (EU), Green Climate Fund (GCF), and Climate Investment Funds (CIF).

Armenia`s national debt $12.6bln 
 Friday, December 13 2024, 13:07

ArmInfo.  By the end of October  2024, Armenia's public debt in dollar terms increased to $12 billion  632.8 million (from $11 billion 845.4 million by the end of 2023). In  dram equivalent, the figure increased from 4 trillion 794.9 billion  to 4 trillion 889.5 billion. 

Team Telecom Armenia committed to creating an eco-conscious business environment
 Thursday, December 12 2024, 19:12

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. 

Armenia launches Capital Market Support Program
 Wednesday, December 11 2024, 17:41

ArmInfo. An event marking the official launch of the Capital Market Support Program was held in Yerevan, attended by the Deputy Minister of Economy of Armenia, Sevak Mikaelyan.  As reported by the press service of the Ministry of Economy of Armenia, the program aims to enhance the country's capital market and assist corporate companies in issuing bonds and shares. The program is being implemented by the European Bank for Reconstruction and Development (EBRD) with the support of the Ministry of Economy of the Republic of Armenia. The project is funded by the European Union.  Consulting firms Galt & Taggart and Ameria are also involved in the implementation of the project.  "The project aims to raise awareness of capital markets, improve access to them for specific companies and co-finance the costs of attracting financing from the capital market," the Ministry added.

 Wednesday, December 11 2024, 16:04

ArmInfo.

 Tuesday, December 10 2024, 19:50

ArmInfo.

David Khudatyan meets with EBRD Armenia head
 Monday, December 9 2024, 17:19

ArmInfo. Minister of Territorial Administration and Infrastructure of Armenia David Khudatyan received the head of the Armenian resident office of the European Bank for Reconstruction and Development (EBRD), Giorgi Akhalkatsi.

EDB develops database of non-sovereign financing in Eurasian region 
 Friday, December 6 2024, 12:17

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.

EDB forecasts decline in Armenia`s GDP growth rate from 6% to 5.5% in 2024-2025
 Thursday, December 5 2024, 16:35

ArmInfo. The Eurasian  Development Bank (EDB) has revised its forecast for Armenia's GDP  growth in 2024 from the previous 7.5% to a new 6%, citing a reduced  contribution from the precious metals processing and export sector in  generating added value.

Armenia`s Cabinet of Ministers allocates AMD 34.7 mln for first  landfill construction project
 Thursday, November 21 2024, 15:49

ArmInfo.On November 21, the Government of Armenia approved the transfer of 34.7 million drams to the Territorial Development Fund for the purchase of specialized  vehicles and equipment for waste collection, the establishment of  platforms for garbage bins, and the settlement of payments with  suppliers and contractors within the framework of the

Armenia`s GDP grows by 25.6% in Q3 2024, surpassing $2.3,000 per  capita 
 Wednesday, November 20 2024, 14:12

ArmInfo.Armenia's GDP for the first 9 months of 2024 exceeded 6.9 trillion drams or $17.7 billion, showing a 12.8% year-on-year increase. This growth rate is similar to  the previous year, when a slowdown from 21% to 12% was observed. This  is evidenced by the data from the RA Statistical Committee, released  on November 20, presenting the GDP at market prices.  The GDP  dynamics for the year showed a negative trend only in the first  quarter with a decline of 36.1%.  This was followed by a positive  growth of 16.1% in the second quarter and a further acceleration to  25.6% in the third quarter. This pattern mirrored the quarterly  dynamics of 2023, where a 36.3% decline in the first quarter was  followed by a growth of 16.5% in the second quarter and a further  acceleration to 27.2% in the third quarter. 

 Tuesday, November 19 2024, 18:08

ArmInfo.

 Friday, November 15 2024, 18:34

ArmInfo.

 Friday, November 15 2024, 18:20

ArmInfo.

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