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.

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."

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.

ArmInfo.The placement of AMD 32bln bonds of Electric Networks of Armenia CJSC was successfully  completed within a short space of time, Director General Karen Harutyunyan told reporters. 

ArmInfo.There are currently no reasons for concern regarding the growth of consumer lending in Armenia. Deputy Governor at Central Bank of Armenia Armen Nurbekyan said, answering questions during a panel session at the economic forum organized by Amundi-ACBA Asset Management, the pension fund  management company.

ArmInfo.The results of 2023 indicate that the real (export) economy has "lost" its position to non-export industries, which are experiencing a temporary boom under the influence of exogenous factors, Former head of the State Revenue Committee of Armenia Davit Ananyan wrote on his Facebook account, commenting on the "List of the 1000 largest taxpayers of the Republic of Armenia" recently published by the tax authority.

ArmInfo.Ameriabank is the largest taxpayer among Armenian banks for the sixth year in a row. According to the data for January-December, 2023, total taxes paid by the bank to the state budget amounted to AMD 25.7 bn.

ArmInfo. In 2023, the banking system of Armenia doubled tax payments to the state treasury - up to AMD 123.5bln ($305 million), of which AMD 71.5bln were for direct taxes (with an annual increase of 39.7%).

ArmInfo.For the second year in a row, the Zangezur Copper- Molybdenum Combine (ZCMC) tops the  list of the largest taxpayers in Armenia. According to data from the State Revenue Committee, the company sent 70.8 billion drams to the state treasury in 2023 (with an y- o-y decline of 50.8%), of which 5.2 billion drams were for customs duties, 27.1 billion. drams - for direct taxes (including profit tax, income tax), 5.6 billion drams -  for indirect taxes (including VAT, excise tax).  

ArmInfo.The past few years have seen a remarkable surge in the development of Armenia's fintech sector, driven by a vibrant amalgamation of factors. A youthful, tech-savvy population, supportive government policies, and a steadily growing economy have all contributed to this impressive expansion.

ArmInfo.

ArmInfo. The net profit of Armenian banks dropped by 9.2% in 2023 (after 3-fold increase  in 2022), amounting to 229.8 billion drams ($567.8 million) due to the deterioration of the y-o-y dynamics of non-interest income from a  4-fold increase to an almost 2-fold decline. Moreover, on a quarterly terms, profit began to decrease in Q3, then fell sharply down (-35%) in Q4, according to the data of the Express Ranking of Banks of Armenia as of December 31, 2023, prepared by ArmInfo IC.

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ArmInfo.Mortgage loan debt per capita in Armenia for 9 months of 2023 amounted to $861 per person. The volume of the mortgage burden in the country is lower only than the indicators of Russia ($1397), ($1397), but significantly exceeds the indicators of Kazakhstan ($597), Belarus ($487), Azerbaijan ($198), Uzbekistan ($132) and Kyrgyzstan ($47).

ArmInfo. The shares of Team  Telecom Armenia telecommunications company,  after placement through  an initial public offering, were listed on the Armenia Securities  Exchange and will be quoted on the secondary securities market. This  is noted in the message of Team Telecom Armenia.

ArmInfo. "Electric Networks  of Armenia" (ENA) CJSC entered the capital market with an  unprecedented issue of bonds in the amount of 32 billion drams. As  part of this tranche, 320 thousand bonds were issued, each with a  nominal value of 100 thousand drams, with a coupon yield of 11.4%, a  circulation period of 3 years, and the frequency of coupon payments  every six months. The underwriter and market maker is Ameriabank. ENA  CEO Karen Harutyunyan announced to journalists during a briefing on  December 18 on the sidelines of an official event dedicated to the  issue.

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

ArmInfo. Shares of the largest telecommunications operator in Armenia, Telecom Armenia OJSC, have  undergone the listing procedure on the Armenia Securities Exchange|AMX .

ArmInfo. Ameriabank has assumed a long-term commitment to create a sustainable environment  and assist a transition to carbon-neutral economy, Eduard Arakelyan, Head of Corporate Sales and Relationship Management Division, Ameriabank CJSC, told ArmInfo on the sidelines of the Energy Week in Yerevan. 

ArmInfo.During the last two years, there has been a significant increase in investments in  renewable energy, including solar energy, in Armenia. This was discussed during the panel discussion held on November 28 within the framework of the Energy Weekforum.