ArmInfo.Precious metals prices continue to rise in Armenia, accelerating the weekly growth rate from 0.5% to 2%. In particular, this week all precious metals  showed growth with the exception of palladium, which has maintained a  downtrend from the previous week.

ArmInfo.Precious metals continue to rise in price in Armenia, having slightly reduced their growth rates - from 13.9% in the previous week to 5.1% in the current  one.  

ArmInfo. Gold in Armenia began to rise sharply after the decline in value a week earlier. In general, prices for precious metals in Armenia increased by 13.9%  this week (after a sharp decline in the previous week - by 20.5%).

ArmInfo. The Investment Promotion Center received 11 applications from SMEs for 3 packages of anti-crisis measures 

ArmInfo.In Armenia, third party liability insurance contracts concluded online are continuing to grow rapidly.

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ArmInfo. Due to the current situation and in order to avoid crowds in the branches, by decision of the Board of ARARATBANK, clients (individuals and legal entities,  private entrepreneurs) will be provided with a "credit vacation" for  a period of 2 months, starting from March 16, if desired.

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ArmInfo. In 2019, 5,825 kg of gold (including galvanic deposition) was exported from Armenia, which in quantitative terms is 16.3% higher than the y-o-y indicator.  According to the report of the RA Customs Service, the customs value  of exported gold in 2019 increased by 27.4% per annum to $ 223.7  million.

ArmInfo. Thanks to the efforts and consistent work of the RA Ministry of Finance, Armenia was removed from the "gray list" of countries that do not cooperate  with the European Union in tax matters (the EU list of  non-cooperative jurisdictions for tax purposes ).

ArmInfo. According to preliminary  data, the economic growth in Armenia in 2019 formed 7.6%, Armenian Deputy Prime Minister Tigran Avinyan mentioned on his   social networks pages. According to him, this is the highest  indicator  since 2008.

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ArmInfo. Armenian Motor Insurers' Bureau  continues to automate CTPL processes, this time introducing the ASWA mobile application for processing insured events  using the Euro protocol. This was reported by the press service of  the Armenian Motor Insurers' Bureau.

ArmInfo.The Netherlands Development Bank (FMO) provided ARARATBANK with another loan - this time in the amount of $ 10 million. According to the Bank's press  service, the funds will be used to develop SMEs, finance energy  saving projects or the so-called "green business".

ArmInfo.Mher Ananyan, who has many years of experience in the financial and banking sector, has been appointed Chairman of the Board - Executive Director of  ARARATBANK.

ArmInfo. In Armenia, the growth of economic activity in January- December 2019 accelerated to 7.8% per annum, compared to a slowdown in 2018 to 5.8% from 7.7% in  2017.

ArmInfo.ARARATBANK launched a three-year term deposit - "Ararat Comfort". As ArmInfo was informed in the press service of the bank, this deposit has an attractive  interest rate and the ability to replenish the amount without  visiting the bank. According to the source, the annual nominal  interest rate for dram deposits is 9%, for dollars - 4.65%, for euros  - 2.5%.

ArmInfo.In Armenia, the growth of economic activity in January- December 2019 has accelerated to 7.8% per annum, against a slowdown in 2018 to 5.8% and 7.7% in 2017.

ArmInfo. Ardshinbank, rated Ba3/-/B+, sold its $300m five year bond from a book of over $450m through joint bookrunners Citi and Renaissance Capital. The deal was  sold at par with a coupon of 6.5%, according to the information  published on the website Global Capital.