ArmInfo.AraratBank has been named the Best Sub-Custodian Bank in Armenia by the professional team of Global Finance renowned magazine.

ArmInfo.This June, Haypost, Armenia's national operator, is launching a universal postal service system, Hayk Kirakosyan, Haypost Director General, said at the Birth  of New Post event on the occasion of presentation of the platform and  summing up of Haypost last year's activities. 

ArmInfo.The World Bank has revised its GDP growth forecast for Armenia for 2022 upwards -from 1.2% to 3.5% (against the 5.7% actually recorded in 2021), revising its  forecast for Russia's economy downward - from 11.2% to 8.95 (against  4.7% growth recorded in 2021), according to the WB Global Economic  Prospects report (https://www.worldbank.org/en/news/press-  release/2022/06/07/stagflation-risk-rises-amid-sharp-slowdown-in-growth-energy-markets). 

ArmInfo.The Moscow Exchange plans to start trading  in national currencies of Armenia (AMD), Uzbekistan (SUM) and UAE  (AED- Dirham) in the near future. This was stated by Andrey Skabelin,  Director of the Foreign Exchange Market Department of the Moscow  Exchange, noting that the exchange has 20 currency pairs under  consideration for a possible launch, Kommersant reports.

ArmInfo.. A meeting on the implementation of the provisions of the Roadmap for Armenian-French Economic Cooperation for 2021-2026 was held at the Armenian Foreign Ministry.

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ArmInfo.

ArmInfo.Ameriabank is launching “Non-Cash Summer” promotional draw for Visa cardholders who prefer the convenience of cashless payments, enabling them to explore one of the provinces of Armenia.

ArmInfo.Staying true to its promises, Team Telecom Armenia significantly improves the terms of COSMO and COMBO tariff packages.

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ArmInfo.

ArmInfo.From 7 June 2022 Wizz Air started operating flights on the route Larnaca- Yerevan- Larnaca. Flights will be operated twice a week: every Tuesday and Saturday.

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ArmInfo. The volume of cargo transportation in Armenia in January-April 2022 slowed down the y-o-y growth to 10.2% (from 17.7% for the same period in 2021), amounting  to 5,031.9 thousand tons. This is evidenced by the data of the RA  Statistical Committee.

ArmInfo.From June 13 to 17, 2022, the RA Ministry of Economy will be holding Science and Business Days aimed at discovering opportunities for the improvement of  science and entrepreneurship alliance, as well as the  commercialization of research. 

ArmInfo. Wine output totaled 2,263.4 thousand liters in Armenia in January-April 2022 - a 36.4% decline, the RA Statistical Committee reports. 

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ArmInfo.

ArmInfo.Electricity generation in Armenia in January-April 2022 amounted to 3,142.4 million kWh, with an acceleration of y-o-y growth from 3.1% to 14.1%. And for a  month alone a decline of 14% - to 677.1 million kWh was registered.  This is evidenced by the data of the RA Statistical Committee.

ArmInfo.The Central Bank of Armenia informs that some persons with a fake license of a professional participant in the securities market, acting on behalf of Gazprom Armenia CJSC, are trying to attract customers in Armenia by offering them investment  services through a public offer.