Monday, February 19 2024, 14:21
ArmInfo. Bank of Georgia Group PLC ("BOGG" or the "Group") announces the proposed acquisition
of 100 per cent. of a leading bank in Armenia, Ameriabank CJSC ("Ameriabank"), for approximately $303.6 million. This acquisition will significantly enhance the Group's presence and growth opportunities within a fast-growing and attractive market, according to BOGG's official statement.
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Friday, February 16 2024, 18:10
ArmInfo.Ameriabank maintains leadership in the banking system of Armenia in terms of the volume of
mortgage loans with a market share of 21.3% at the end of 2023. This is noted in the bank's message.
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Friday, February 16 2024, 17:44
ArmInfo. Those economic and financial processes that began to develop in 2018 were associated with international developments, and primarily with the Russian- Ukrainian conflict. Former member of the National Assembly of Armenia, who for many years headed the Parliamentary Standing Committee on Economic Affairs Gagik Minasyan stated on February 16 during a conversation with journalists.
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Friday, February 16 2024, 17:44
ArmInfo. During his working visit to Iran, Deputy Minister of Economy of Armenia Narek Teryan held a number of meetings with officials of the Islamic Republic of Iran (IRI).
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Friday, February 16 2024, 17:07
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Friday, February 16 2024, 16:48
ArmInfo. The decision of the State Revenue Committee of Armenia on taxation of labor migrants and penalties in case of non-payment is extremely unfair. Tatevik Bezhanyan, Advocacy Officer at Armenian Caritas Migration and Development Project , stated during a press conference on February 16.
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Friday, February 16 2024, 13:14
ArmInfo. Global economic growth will slow, according to the Macroeconomic Outlook 2024-2026 by
the Eurasian Development Bank (EDB).
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Friday, February 16 2024, 13:10
ArmInfo.The baseline scenario projects Armenian GDP growth at 5.7% in 2024 and 5.3% in 2025. Inflation could accelerate to 3.6% in 2024 amid continued elevated domestic demand, a moderate weakening of the national currency, and the ongoing cycle of refinancing rate reductions, according to the Macroerconomic Outlook by the Eurasian Development Bank (EDB).
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Friday, February 16 2024, 13:05
ArmInfo.The Armenian Card CJSC has announced its plans to stop operating the arca.am
application.
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Thursday, February 15 2024, 19:44
ArmInfo.Bank of Georgia Group PLC ( or ) clarifies recent media rumors regarding a potential transaction involving Ameriabank CJSC (), a leading bank in Armenia, and confirms that "it is in "advanced discussions" regarding its potential acquisition of Ameriabank CJSC."
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Thursday, February 15 2024, 17:53
ArmInfo. The net profit of the insurance sector of Armenia dropped by 33% in 2023, after a 4.5-fold
increase in 2022. "This resulted from higher reimbursement growth of 30% with a modest 17% increase in premiums.
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Thursday, February 15 2024, 17:45
ArmInfo. The likelihood of attracting a new international brand to the Armenian financial market is quite low. Economist Haykaz Fanyan expressed a similar opinion on his Facebook page, commenting on the HSBC's withdrawal from Armenian market.
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Thursday, February 15 2024, 17:38
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Thursday, February 15 2024, 13:04
ArmInfo. On February 15, the Government of Armenia approved the proposal to sign Agreement No. 2
on amending the loan agreement Gyumri Urban Roads Project signed between the Republic of Armenia and the European Bank for Reconstruction and Development (EBRD) on May 11, 2016.
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Thursday, February 15 2024, 11:37
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Wednesday, February 14 2024, 15:01
ArmInfo.Jermuk mineral water has been exported to Russia since 2001, gradually increasing the volume from 350,000 liters to 15,273,000 liters per year, and each imported batch complies with the technical regulations of the Eurasian Economic Union, reads an official statement by the Food Safety Inspection Authority of Armenia.
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Wednesday, February 14 2024, 11:20
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Tuesday, February 13 2024, 19:31
ArmInfo. "4146 Lankershim Blvd, North Hollywood is the new home of TUMO Los Angeles". This
information is posted on the Facebook page of TUMO Center for Creative Technologies.
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Monday, February 12 2024, 20:43
ArmInfo. S&P Global Ratings upgraded its long-term issuer credit rating on Ardshinbank CJSC to 'BB-' from 'B+' and revised the outlook on the rating to "stable". At the same time, we affirmed our 'B' short-term issuer credit rating on the bank. This is noted in a message from S&P Global Ratings.
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Monday, February 12 2024, 19:19
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