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.

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ArmInfo. Attracting financial resources for the investment program of Electric Networks  of Armenia is the easiest task, but it is much more difficult to organize the work correctly, Director General Karen Harutyunyan told reporters on February 14.

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ArmInfo.The Eurasian Development Bank (EDB) forecasts 5.7% GDP growth in Armenia in 2024. 

ArmInfo.Today, the EAEU countries do not have a unified and clear approach to building a common energy market, Prime Minister Nikol Pashinyan said on February 2 at a meeting of the Eurasian Intergovernmental Council in Almaty.

ArmInfo.At this stage, strengthening industry cooperation, creating new business connections, establishing cross-border trade in digital services and data exchange should be considered among the priority tasks of the  EAEU. Prime Minister Nikol Pashinyan stated on February 2 at a meeting of the Eurasian Intergovernmental Council in Almaty.

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ArmInfo.The management of the Fly Arna airline was not the responsibility of the Armenian National  Interests Fund (ANIF) but of the operator, in this case Air Arabia. Minister of Finance of the Republic of Armenia Vahe Hovhannisyan stated on January 31 at the final press conference, commenting on the developments around the national carrier, as well as the efficiency and expediency of the public funds spent by ANIF.

ArmInfo. 95% of Armenian IT sector services are exported.  Chairman of the Republican Union of  Employers of Armenia, economist Gagik Makaryan announced during a press conference on January 29, organized by the Club of Economic Journalists.

ArmInfo.The taxes paid by TOP-10 of the list of 1000 largest taxpayers of Armenia make up about  20% of the budget; for example, TOP-10 in Germany pay only 2.5% of taxes. In 2021, the figure in Armenia was 85%, and in 2022 it was only 58.2%. A 1.5-fold decline indicates successful economic diversification.

ArmInfo. In 2021-2022, a fivefold increase in money transfers from Russia to Armenia was recorded - from $867 million to $4,385mln. However, the reasons for opening accounts in Armenia were, among other things, gaining access to international payment systems, Russian Vice-Premier Alexey Overchuk stated this in an interview with Expert magazine, speaking about the advantages of the Eurasian Economic Union (EAEU) over the EU.

ArmInfo. The United Arab Emirates (UAE) will top the list of Armenia's investment partners for  2023 and will be the 2nd largest trade partner of Armenia, Armenia's Minister of Economy Vahan Kerobyan told Armenia's Public TV. 

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ArmInfo. We have not much to boast of, our winemaking industry has not become more export-oriented. Tigran Jrbashyan, Partner, Director of Management Advisory Services at Ameria  said, ppresenting the results of the  "Ameria" company's "Alternative Wine Export Markets" study.

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

ArmInfo. The European Bank for Reconstruction and Development (EBRD) and Amundi-ACBA Asset  Management are joining forces to facilitate access to local currency financing and strengthen the local capital market in Armenia. This was reported by the press service of the Amundi-Acba Asset Management  pension fund.

ArmInfo. Armenia will close 2023  with GDP growth in the range of 8- 8.5%, instead of the 7% planned by  the state budget and the 7.2% expected by the budget for 2024. At the  same time, the country's GDP generation potential, as before, does  not exceed 5%, Armenia's former minister of finance Vardan Aramyan  told ArmInfo. 

ArmInfo. Team Telecom Armenia summed up the results of 2023, which was marked by the company's entry into the capital market, the construction of a new generation network, the re-equipment of mobile stations, the launch of the Team Energy project and a number of other initiatives.