ArmInfo. 

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 close attention to the Armenian nuclear energy sector by major  international players is based on the clash of interests between the  West and Russia. This was stated by energy security expert Alen  Gevondyan in an interview with ArmInfo. 

ArmInfo. The information technology sector is one of the main areas of development of the Armenian economy. This was stated by the President of the Union of Industrialists and Entrepreneurs of the Republc of Armenia Arsen  Ghazaryan in his speech at the congress of the Union of Employers of  Information and Communication Technologies.

ArmInfo. The development of nuclear diplomacy for Armenia is a strategic task, taking into account the balance between national interests and international cooperation, political scientist Vahe Davtyan believes. 

ArmInfo.

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.

ArmInfo.Today, the Armenian Stock Exchange AMX conducted the first-ever government bond switch auction.

ArmInfo.The Big Christmas Market with Coca-Cola exhibition-fair will once again fill the city with the New Year's spirit, magical vibes, and plenty of gifts. IDBank, Idram, and the idplus loyalty platform will naturally be participating in this grand and unique holiday market. Moreover, this year IDBank, Idram, and idplus have joined as sponsors of the event.

ArmInfo.On December 17, David Khudatyan, RA Minister of Territorial Administration and  Infrastructure, received the Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Armenia, Sergey Kopyrkin.  

ArmInfo. Converse Bank is pleased to announce that Grant Akopian, its Deputy CEO and CFO, has been elected to the Board of Directors of the Banking Association for Central and Eastern Europe (BACEE). This prestigious appointment reflects Converse Bank's commitment to regional collaboration and strengthening the financial sector in Central and Eastern Europe.

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. The Minister of Economy of Armenia, Gevorg Papoyan, called on Greek businesses to make use of the benefits offered by the Armenian government to foreign investors. He made this statement on December 17 on the sidelines of the signing of a memorandum during the sixth meeting of  the Intergovernmental Commission on Economic, Industrial and  Scientific-Technical Cooperation between Armenia and Greece.

ArmInfo. Ambassador of Canada to Armenia, Andrew Turner, met with members of the International Business Relations Council.  As reported by the Press Service of the Embassy of Canada in  Armenia, the purpose of the  meeting was to discuss the expansion of trade ties between Canada and  Armenia.  According to the Statistical Committee of the Republic of  Armenia, foreign trade turnover between Armenia and Canada in  January-October 2024 amounted to $26.9 million with an annual decline  of 65.5%. Specifically,  exports decreased by 13.3% to $1.7 million,  and imports by 66.8% to $25.5 million.

ArmInfo. Greece is interested in strengthening its presence in Armenia and making investments. Deputy Foreign Minister of Greece Konstantinos Fragkogiannis  stated this on December 17 at the sixth meeting of the intergovernmental commission on economic, industrial and scientific-technical  cooperation between Armenia and Greece. 

ArmInfo.  According to the results of the third quarter, Russia ranks first in the trade  turnover of Belarus (52.7%) and Armenia (41.1%). This was stated by  the Chairman of the Russian Government Mikhail Mishustin in an  interview with Rossiyskaya Gazeta.

ArmInfo. The companies  "South Caucasus Railway" and "Georgian Railway" summed up the results of cooperation for 2024 and outlined plans for the next year, 2025. The corresponding meeting with the participation of delegations and the heads of the two companies, Alexey Melnikov and David Peradze,  took place on December 16 in Tbilisi, the press service of "SCR"  reported. 

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ArmInfo.

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.