ArmInfo. Evocabank, in view of the situation, decided to defer payments on SingleTOUCH loans until May 17. This is stated in the message of the Bank on the official Facebook page.

ArmInfo.Ardshinbank’s 2118 borrowers of home equity loans received 5% cashback from the interests they paid for their loans during the previous calendar year. This time, the total amount of money returned by the Bank to borrowers amounted to about 62 million drams.

ArmInfo.Beeline Armenia has announced that it will close all sale and customer care office on March 17, with the exception of the office on 24/1 Azatutyun St,  which will work daily from 9am until 6pm.

ArmInfo. In 2019, Armenia reduced the volume of tomato exports, amid increasing imports. This is evidenced by the data of the RA Customs Service.

ArmInfo. In 2019, Armenia reduced the volume of exports and imports of grapes. According to the data of the RA Customs Service, during the reporting period, the  supply of Armenian grapes to the markets of foreign countries  decreased by 5.5%, amounting to 12 thousand tons.

ArmInfo.

ArmInfo.In IDBank, fast money transfers can now be received easier and quicker, directly from www.idbanking.am  platform. You just need to:

ArmInfo.To prevent coronavirus, as well as to avoid crowding in the bank's branches,  Ameriabank has decided to announce a "credit vacation" from March 13  up to May 13, 2020, inclusive, for all its individual and private  entrepreneur clients, the press service of  Bank reports.

ArmInfo.In 2019, Armenia increased the volume of export of copper ore by 32.3% to 562 thousand tons, against the decline in 2018 by 13.2%. According to the data of  the RA Customs Service, in value terms, export of copper ore amounted  to $ 626.6 million, with a y-o-y growth of 19.2%.

ArmInfo. In 2019, the NPL level in the total loan portfolio of Armenian banks decreased from 9.5% to 8%, and in assets from 6.2% to 5.1%. At the same time, the volume of  overdue loans for the reporting year remained almost unchanged, while  the amount of healthy (standard) loans began to grow more slowly. In  their structure, over 62% are non-performing and doubtful loans  groups, and the dominant of the latter does not decrease.

ArmInfo.

ArmInfo.

ArmInfo. Ambassador of Armenia to the Russian Federation, Plenipotentiary Representative of the Republic of Armenia to the Committee on Economic Affairs at the  Economic Council (EC) Vardan Toghanyan in Moscow takes part in the  85th meeting of the EC of the Commonwealth of Independent States  (CIS).

ArmInfo.

ArmInfo. In 2019, Armenia reduced wheat imports by 23.2% to 250.3 thousand tons, demonstrating a decline in value terms by 19.7% to $ 50.5 million. The Russian  Federation (88.6%) acted as the main importer of wheat. Ukraine  (6.9%), Georgia (4.5%).

ArmInfo.The Court of Appeal, presided by Judge Harutyun Yenokyan, published the decision made as  the result of the examination  of the appeal filed by IDBank against the decision of the Court of General Jurisdiction of Yerevan concerning  the case  “BML Arzni'' versus “Anelik Bank” .

ArmInfo.

ArmInfo. Armenia has been living in a state of very low inflation for too long - a situation  that does not contribute to increasing the competitiveness of the  country's economy, stimulating exports and investments. This opinion  was expressed by well-known economist, head of Ameria Management  Advisory Tigran Jrbashyan at a press conference on the possible  impact on Armenia of the devaluation of the Russian ruble after  Russia's refusal to extend the OPEC + agreement against the backdrop  of the coronavirus pandemic.

ArmInfo. In 2019, Armenia imported 55.8 thousand tons of sugar, which is 32% less than the indicator a year ago (against the decline by 26% in 2018). According  to the report of the RA Customs Service, in value terms, sugar  imports decreased by 32.4% to $ 20.2 million.

ArmInfo. In order to prevent coronavirus, the Central Bank of Armenia urges citizens to use non-cash means of payment and online banking services. This was noted  in the message of the CBA.