ArmInfo.The Export Insurance Agency of Armenia (ESIA) celebrates its 10th anniversary with the launch of a new third service: insurance for financing capital investments for the organization and development of export-oriented industries.

ArmInfo.Armenia's Premier Nikol Pashinyan has signed a decree appointing Vice-Premier Mher Grigoryan a member of the Board of Managers of the Eurasian Reinsurance Company (ERC). 

ArmInfo.Moody's Investors Service ("Moody's") has today assigned Ba3 foreign and local-currency insurance financial strength ratings (IFSRs) to Export Insurance  Agency of Armenia ICJSC (EIA).

ArmInfo. For the first time, the "Big Three" international rating agencies Moody's Investors Service, Standard & Poor's and Fitch Ratings simultaneously published a report on Armenia. RA Minister of Finance Tigran Khachatryan stated this at  a government session on October 14.

ArmInfo.

ArmInfo. On July 4, HSBC Bank Armenia, together with the Export Insurance Agency of Armenia (EIAA), held a business breakfast with business representatives - importers  and exporters, during which discussions were held on the theme  "Stimulating Trade Finance in Armenia".

ArmInfo. HSBC Bank Armenia signed  a memorandum of cooperation with the Export Insurance Agency of  Armenia (EIAA).As stated in the official report of the EIAA, within  the framework of the memorandum, the parties will unite efforts to  stimulate exports, increase production volumes of economic  entities-residents of the Republic of Armenia and introduce joint  financial services.

ArmInfo. Ameriabank leads in terms of volume of factoring operations, providing a portfolio of 11 billion drams in 2018 with a y-o-y growth of 59%. To date, the  factoring portfolio of the bank already exceeds 12 billion drams. As  the Bank's press service told ArmInfo, the dominant part of these  operations falls on export factoring, in which Ameriabank closely  cooperates with the Export Insurance Agency of Armenia, which gives  exporters the opportunity from a financial point of view to build  more efficient and reliable business relations with foreign partners.

ArmInfo.According to the results of the activities of the Export Insurance Agency of Armenia (EIAA), in 2018 a significant increase in indicators was registered.  This was reported by the press service of the Agency.

ArmInfo.IDBank and Export Insurance Agency of Armenia (EIAA ICJSC) signed a memorandum of cooperation with the aim of helping to increase production and export  volumes and develop the business environment. As the press service of  the Bank told ArmInfo, the document was signed by the acting Chairman  of the Board of IDBank Ruben Melikyan and Chairman of the  Directorate, Executive Director of EIAA Armen Shahnazaryan.

ArmInfo. The Minister of  Economic Development and Investments of Armenia Artsvik Minasyan met  on September 4 with Audrius Rosinasi, the chief insurance officer of  the well-known insurance brokerage company "Malakut-Trade Credit  Insurance" Magnus Nigzhet, Swiss Swiss Reinsurance Company Ltd. As  the press service of the ministry told ArmInfo, the parties discussed  prospects for expanding cooperation.

ArmInfo. The Export Insurance  Agency of Armenia (EIAA) and the German Development Bank KfW are  considering cooperation opportunities. This was announced during the  July 3 meeting of the Executive Director, Chairman of the Directorate  of the Export Insurance Agency of Armenia Armen Shahnazaryan with the  head of the programs of the German Development Bank KfW Monica  Gunther and the senior coordinator of the programs of the KfW Yerevan  office Bella Sedrakyan.

ArmInfo. Following the results of 2017, the insurance portfolio of SJSC "Export Insurance Agency of Armenia" totaled 4.534 billion drams, while the final figure was planned at 3 billion drams (in 2016 the figure reached 2.185 billion drams, and in 2015 it was 0, 39 billion).  Armen Shahnazaryan, Executive Director of the EIAA, told a press conference on March 22 when answering the question of ArmInfo. Previously, the government of Armenia in its program of activities for 2017-2022. according to the results of 2018, it fixed expectations of growth of insured transactions to almost 4.5 billion drams.

ArmInfo. On December 26, the  National Center for the Development of Small and Medium Enterprises  of Armenia and the Export Insurance Agency of Armenia (ESAA)  concluded a memorandum of cooperation.

ArmInfo. Armenian Export Insurance Agency (AEIA) and Converse Bank CJSC signed a memorandum on cooperation to implement a program aimed at increasing the production of economic entities resident in Armenia, export development and expansion of sales markets.

ArmInfo. The Armenian government in its new and already approved program of own activities for upcoming  5-year term,  based on indicative results of 2018 recorded a two-fold increase in insured transactions of  "Export Insurance Agency of Armenia" ICJSC- almost up to 4.5 billion AMD. At the same time, as of August 31, 2017, the insurance portfolio of the Agency already amounted AMD  2.594 . Armen Shahnazaryan,  the Executive Director of the EIAA ICJSC, spoke in an exclusive interview about the Agency's achievements and tasks, plans and reality.

ArmInfo. On August 24, within the framework of the International Exhibition Forum "Eurasian Week", which is being held in Astana, the export-credit agencies (ECA) of the countries of the Eurasian Economic Union signed a Memorandum of Cooperation.

ArmInfo. The Minister of Economic Development and Investments of the Republic of Armenia, the Chairman of the Council of the "Export Insurance Agency of Armenia" Suren Karayan visited the organization on August 11, familiarized with the upcoming programs.

ArmInfo. Armenian commercial  banks began to show an increased interest in cooperation with the  Export Insurance Agency of Armenia (EIAA), Executive Director of EIAA  Vazgen Abgaryan told ArmInfo correspondent.

ArmInfo. If there is an  insurance policy of the Export Insurance Agency of Armenia (EIAA),  Armenian exporters can obtain financial factoring at 8 commercial  banks at affordable interest rates, without collateral and on  favorable terms.