ArmInfo.According to the forecasts of the American Standard and Poor's (S&P) rating agency for 2023, the prospects of the banking sector in the Central Asia and Caucasus region remain stable. This is noted in the analytical materials posted on the S&P website.

ArmInfo. Armenia's economic activity increased by 10.5 percent in January 2023 compared to  January 2022 (against 15.4% growth a year earlier), far exceeding the pre- Covid 6.1% growth in the same period in 2019. In January alone,  economic activity decreased by 46.1% (against a 45% decline in January 2022 and a 46.9% decline in January 2019), and the decline  was recorded in all areas.

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ArmInfo.Armenia and France have established new business ties, the press serve of Armenia's  Ministry of Economy reports referring to the results of the Economic Summit in Paris, France, on February 24. 

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ArmInfo.As of January 1, 2023, there were 3.184 million cards in the plastic market of Armenia (including co-badged ArCa-MIR and Russian MIR cards), with an acceleration of y-o-y growth from 8.3% to 17.8%.

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ArmInfo.The British-Dutch multinational oil and gas company Shell has confirmed the launch of a network of gas stations in Armenia from March 2023. This is reported by the Invest Armenia website - a B2B platform for attracting  investments to Armenia.

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ArmInfo. Lydian Armenia will pay 75-100 million dollars to the state treasury every year in the form of taxes, duties and royalties. Hayk Aloyan Managing  Director of Lydian Armenia, which develops the Amulsar gold mine,  said in an interview with the Public Television of Armenia.

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ArmInfo. The development of the Amulsar mine will increase Armenia's GDP by 1%. On February 22,  Minister of Economy of Armenia Vahan Kerobyan stated after the  signing ceremony of the tripartite memorandum of understanding  between the Armenian government, Eurasian Development Bank(EDB), and  "Lydian Armenia" company, which marked the resumption of the  Amulsar mine exploitation project.

ArmInfo.Fitch Ratings, an international credit rating agency, affirmed Ardshinbank’s Long-Term Issuer Default Rating at B+, upgrading Outlook to Positive from Stable.