ArmInfo.Armenia`s country strategy has been worked out and is being agreed on with the stockholders, Nikolai Podguzov, Chairman of the Management Board,  Eurasian Development Bank (EDB), told reporters on the sidelines of  the 2nd Eurasian Congress on Moscow. In this context, in mid-2021 the  EDB adopted its grand strategy and, later, country strategies with  information on the implementation of the EDB grand strategy in each  country.

ArmInfo.A specialized monthly magazine dedicated to international finance as published by the British Financial Times Ltd since 1926, The Banker named Ardshinbank the Best Bank of the Year in Armenia for the third time. Previously, The Banker named Ardshinbank the Best Bank of the Year in 2014 and 2018.

ArmInfo.Analysts at the Eurasian Development Bank (EDB) have no assessment of the economic benefits that Armenia will receive from unblocking regional  transport corridors.

ArmInfo. SANSA LLC is investing 1.2 million drams in the construction of a greenhouse facility in the Aragatsotn region of Armenia.

ArmInfo. On December 2, the government of Armenia allocated over 885 million drams from the reserve fund (more than 1.8 million US dollars at the current  exchange rate) for the completion of 40 subvention programs, launched  during 2020-2021, in 36 communities of the country.

ArmInfo.The Mantashov Entrepreneurs Union, the  Restaurant Association and the Union of Advanced Technologies  Enterprises addressed an open letter to Armenian Prime Minister Nikol  Pashinyan with a proposal not to lift the embargo on the import of  Turkish-made products into the country.

ArmInfo. The level of Armenia's public debt will remain above the pre-epidemic level until 2026. Chief economist of the  Eurasian Development Bank (EDB) and  Eurasian Fund for Stabilization and Development (EFSD) Evgeny  Vinokurov expressed this opinion in discussion with journalists on  the sidelines of the second Eurasian Congress in Moscow.

ArmInfo.The Eurasian Development Bank (EDB) and Russian Holding Company CJSC signed a memorandum on the EDB's readiness to act as a lender and organizer of  financing for the Meridian highway, which is part of the  Europe-Western China transport corridor.

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ArmInfo.The International Finance Corporation (IFC) is discussing the formats of its possible participation in the reforms planned by Armenia`s government, IFC  Regional Manager Ivana Fernandes Duarte stated at her meeting with  Armenia`s Minister of Finance Tigran Khachatryan.

ArmInfo. This January-October, net private money transfers to Armenia totaled $743mln, an a year-on-year accelerated growth of 29.8% to 42% (against the  pre-COVID 20.1% decline in the corresponding period of 2019), due to  net private money transfers from Russia and high activity of money  transfers from the United States.

ArmInfo.Based on the best international experience, Armenia Securities Exchange has developed and for the first time in the region introduced corporate bond  exchange indices, the prices of which are calculated and published on  the official website of AMX on a daily basis.

ArmInfo.A 6.3% rise in real estate prices was recorded in Yerevan this October as compared with last October - up to AMD 350,400 for 1sq meter, with a monthly rise  of 1.3%. 

ArmInfo.On November 24, 2021, the Central Bank of Armenia (CBA) became a member of the reputable international Sustainable Banking and Financial Network (SBFN), the CBA press service reports.

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ArmInfo.The Eurasian Development Bank (EDB)  has released an analytical study on the potential of the North-South  International Transport Corridor.

ArmInfo. Armenian Ambassador to the Netherlands Tigran Balayan, as the main speaker, took part in a working lunch with businessmen, organized by Christian  Council International (CCI).

ArmInfo.Over 2,000 business leaders predict average of 13% uptick in headcount

ArmInfo. Armenia's gross international reserves (GIS) in October 2021 compared to October 2020 increased by 38.2% or by $ 885.5 million (versus a 6.2% decline in  the previous year), exceeding $ 3.201 billion. Foreign assets in hard  currency dominate in the GIS structure - $ 3.137 billion, and the  share of SDR in the IMF accounts for $ 63.6 million.