ArmInfo.In Armenia, leasing transactions are rapidly gaining momentum, the total volume of which by April 2022 exceeded 64 billion drams ($132 million), having  increased by 38.4% year-on-year. This is evidenced by the data as of  March 31, 2022 of the "Financial Rating of Banks of Armenia" and  "Ranking of Credit Companies of Armenia", prepared by ArmInfo IC.

ArmInfo.As reported by АraratBank, the bonds (AMARBKB2MER3) have a nominal value of USD 25, a coupon of 4.75% and a maturity of 27 months.

ArmInfo.The Central Bank of Armenia has revoked the license of Nor Horizon Universal Credit Company (UCC). This is noted in the message of the Central Bank of the Republic of Armenia.

ArmInfo.Armenia's Cabinet approved on Thursday proposals for signing an Armenian-Indian memorandum of understanding on Indian grants for community development programmes in Armenia.  

ArmInfo.Armenia's government has allocated an additional AMD 400mln under the 2020-2023 housing programmes for families with children. 

ArmInfo.At a Cabinet meeting on Thursday, Armenia's Premier Nikol Pashinyan warned against breaking the Law on Restrictions on Cash Circulation. 

ArmInfo.Armbusinessbank, Ardshinbank and VTB Bank Armenia are involved in a government programme introducing cash-back for pensioners and people receiving  benefits. 

ArmInfo.Armenia's Ministry Vahan Kerobyan and Head of the EU Delegation to Armenia Andrea Wiktorin held a meeting on Thursday. The sides prioritized SME  development in Armenia and effective and purpose-oriented project  implementation.  

ArmInfo.This January-May, the RA State Revenue Committee exceeded tax revenue target by about AMD 47bln.  "Tax revenues and state duty targets for January-May were AMD 719bln. A total of AMD 714.9bln were actually collected during the  first five months, which exceeds the target by AMD 46.9bln (6.6%) and  the figures recorded last January-May by AMD 14.3bln (23.2%)," an  official report reads.   

ArmInfo.The Ministry of Economy of Armenia has finally found an effective way for agricultural producers not to use medieval methods of work. Thus, the Armenian government decided to subsidize only those loans to harvesting companies that, before June 1, will conclude agreements with farms for the purchase of grapes and  other crops. Minister of Economy of Armenia Vahan Kerobyan stated  this at the RA National Assembly.

ArmInfo.Armenia has entered a stage of lending stagnation. Evidence thereof is a considerable increase in bank profits due to highly active foreign exchange and  securities transactions rather than due to the major income item,  lending.

ArmInfo. The marketing policy of Armenia in the field of tourism will focus on 4 directions and 5 markets. Minister of Economy of Armenia Vahan Kerobyan stated on June 1 during the discussion of the report on the implementation of the  budget for 2021 in parliament.  According to him, such a decision was  made due to limited marketing resources. In particular, natural and  cultural tourism, gastro and extreme tourism were identified as 4  directions.

ArmInfo.

ArmInfo.As a result of daily work with the Russian side, by the beginning of the season it will be possible to reduce the tension at the Upper Lars checkpoint. Armenian  Minister of Economy Vahan Kerobyan stated this to journalists on June  1.

ArmInfo.he State Revenue Committee (SRC) of Armenia has repeatedly raised issues related to transactions with crypto assets and the presence of tax risks. This was stated in the Armenian Parliament by head of the department Rustam Badasyan,  answering the question of MP from the "Civil Contract" Tsovinar  Vardanyan.

ArmInfo. On August 13-24, Slice Academy Business Training School once again organizes a summer business school for 14-19-year-old teenagers.

ArmInfo.Since April, due to the transport collapse that has formed on the territory of Georgia, more than 35 factories for the production of alcoholic beverages have  actually been idle in Armenia. The reason is the impossibility to  import a complete set from Russia, and, accordingly, it is impossible  to export finished products there.

ArmInfo.Armenia is studying the Lithuanian experience in the process of introducing a health insurance system. This is stated in the official statement of the  Ministry of Health.

ArmInfo.The Armenian economy feels stable. This opinion was expressed by RA Minister of Economy Vahan Kerobyan in an interview with the First TV channel.

ArmInfo.