ArmInfo.Ardshinbank will become a partner of Sevan Startup Summit 2023, which will be held on July 23-29 on the shore of the Lake Sevan and will bring together entrepreneurs, investors, and startuppers from around the world.

ArmInfo.In the issue of sanctions we are closely in touch and cooperate with the EU special  envoy and the representative of the US, to make sure that we act as a responsible member of the international community. Armenian Prime Minister Nikol Pashinyan stated  in an interview with Agence France-Presse in response to a question about what the Armenian government is doing to ensure that the territory of Armenia is not used by Russia to circumvent sanctions.

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ArmInfo.From 21/07/2023, “Ardshinbank” CJSC terminates making money transfers via the Unistream fast money transfer system, the press service of the Bank reports.

ArmInfo.On July 24 of this year, IDBank will issue a dollar tranche of registered coupon bonds under the abbreviation AMANLBB2LER8 with the following conditions.

ArmInfo. The profit growth rates of Armenian banks slowed down significantly amid the ongoing serious slowdown in lending to the economy. Thus, the net profit of Armenian  banks increased by 24.8% per annum inH1 2023 (against a 2.8-fold jump  in the same period in 2022), reaching 73.6 billion drams ($367.8  million), while slowing down strongly in quarterly growth from  3.4-fold to 5.2% alone.

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ArmInfo.In Europe and in the developed countries of the world, one out of 40 small businesses  becomes large, while in Armenia, out of 500 small companies, only onegrows. Minister of Economy of Armenia Vahan Kerobyan announced  to  journalists on July 20.

ArmInfo.ACRA Rating agency affirmed the credit ratings of the Eurasian Development Bank (EDB) on the international scale at A-, to a outlook, and under the national scale at  AAA(RU), to a outlook; note rating - A-; bond ratings - AAA(RU).

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ArmInfo. On July 19, the 21st session of the Small and Medium Business Development Council of the  Republic of Armenia was held under the leadership of Deputy Prime Minister Tigran Khachatryan.

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ArmInfo.On July 19, Prime Minister of the Republic of Armenia Nikol Pashinyan chaired a meeting  during which issues related to the process of implementing the program for the formation of a digital society and digital economy were discussed. This was reported by the press service of the RA  government.