ArmInfo. The European Bank for Reconstruction and Development (EBRD) is providing a US$ 10 million  financial package to ArmSwissBank in Armenia to finance the private  sector's investments in growth, competitiveness, and greener and more  sustainable practices, the Bank's press service reports.

ArmInfo.In 2024, the volume of investments of the European Bank for Reconstruction and Development  (EBRD) will be in an unprecedented amount - up to 500 million euros. Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD) stated on May 15 at the Annual Meeting of the Bank in Yerevan.

ArmInfo.Boosting green lending for SMEs and households, especially in agriculture, manufacturing, and small-scale renewable energy 

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ArmInfo.Ameriabank CEO Artak Hanesyan’s interview with Global Finance magazine

ArmInfo.The European Bank for Reconstruction and Development (EBRD) and the European Union have provided Ardshinbank with a $20 million credit for the development of Micro, Small, and Medium-sized Enterprises (MSMEs) in Armenia. The financial package aims to support growth, competitiveness, and green economy initiatives in Armenia. The agreement was signed on November 24 in Yerevan.

ArmInfo. Team Telecom Armenia together with Visa came up with an offer for drivers of electric vehicles. According to the company's press service, from November 16 to December 31 inclusive, when paying for services at Team Energy charging stations with a Visa card, only 50% of the amount will be debited from the client, and the remaining half will be reimbursed by Visa.

ArmInfo.In order to stimulate the use of electric vehicles in Armenia, Team Telecom  Armenia announced the launch of the Team Energy project, within which  an application was developed that allows you to find the nearest  electric vehicle charging stations. In this case, payment can be made  with a bank card, but if the owner of the electric car is a  subscriber of Team Telecom Armenia, the funds can be debited from the  balance of the telephone card.

ArmInfo. RA Prime Minister Nikol Pashinyan participated in the regular session of the Eurasian Intergovernmental Council in Sochi.

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ArmInfo.70% of Ameriabank's business loans are provided through the Ameria Business online platform, which includes a number of services necessary for business. 

ArmInfo. At this year's DigiTech technology exhibition, Ameriabank has a 360-degree view.

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ArmInfo.The Armenian authorities and IMF staff reached a staff- level agreement on a  3-year precautionary Stand-By Arrangement (SBA). The agreement is  subject to approval by the IMF Executive Board and is expected to be  considered in December 2022, the IMF reports.

ArmInfo.A group of  5 biologists from Yerevan State University have founded MiCoFe Startup and started recycling various types of organic waste. Using coffee waste, young biologists have created organic fertilizer stimulating crop growth.

ArmInfo. Orion Summit 2022 kicked off in Armenia. Ameriabank, a leading fintech organization, is the platinum sponsor of the Summit.  The Summit is held with the aim  of supporting the ecosystems in Armenia, identifying problems and  finding solutions for the development of these systems, which will  ultimately contribute to the growth of the economy.

ArmInfo.The World Bank has worsened its 2022 forecast for Armenia's GDP growth from the previous 4.8% to an updated 1.2%, expecting a decline in exports by 8.5% and  imports by 12%. For 2023, the World Bank forecasts an acceleration in  Armenia's GDP growth to 4.6%, with exports growing by 6.5% and  imports by 8%, and in 2024 GDP growth is expected at 4.9%, with  acceleration of export and import growth up to 7.7% and 9.3%  respectively.

ArmInfo.Crimean enterprises will supply natural fertilizers, welding and other equipment to Armenia, Vice-Chairperson of the Crimean Council of Ministers Irina Kivio said. 

ArmInfo. A large bus fleet will be built on the outskirts of Yerevan.  The construction program was approved on February 17 at a government meeting.

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