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Exchange rates

25.01.2021

Government Bonds

ArmEx

Commented

Company bonds

Economy

SRC reported on the results of 2020

In Armenia, growth rate of sales of E-CMTPL policies slows down against background of a decrease in number of insured cars

SRC announces improvement of tax policy for business

Minister of Economy got acquainted with the situation in the Syunik region of Armenia

Regular flights from Armenia to Russia will be resumed in the coming days

Energy

In the fall of 2021, it will be possible to fully use the new unit of the Yerevan TPP with a capacity of 250 MW

Deputy Minister: To create an atomic bomb, appropriate infrastructures and trained companies are needed

Facility for reductive annealing of reactor of Armenian NPP is ready for operation

Minister: Despite the existing obstacles, large-scale programs and reforms in the energy sector continue

An industrial solar power plant with a capacity of 200 megawatts to be built in Armenia

The rebirth of the Armenian NPP: 25 years ago, the second power unit of the nuclear power plant was restarted

PSRC Head: There is no panic at the Armenian NPP in connection with Azerbaijan`s threats to launch a missile strike at the station

Finance and banks

Central Bank of Armenia imposed penalty on the "Finca" credit company

IDBank is placing the first USD bonds of 2021 through a public offer

Ardshinbank has introduced contactless ATMs

Armenian government approves signing of a $ 7.4 million loan agreement with the International Bank for Reconstruction and Development

In 2020 Armenian banks reduced tax deductions to the state treasury by 10.1% - to $ 93.9 million

Insurance

In 2020 insurance sector of Armenia increased payments to state budget by 43.7%

All-Armenian Fund "Hayastan" will donate $ 1.1 million to the Military Insurance Fund

FinRating ArmInfo: The number of contracts on tourism and cargo transportation declines in the insurance market

Financial rating ArmInfo: Armenian insurance sector summed up 9 months of 2020 with a profit of $ 8.2 million.

The insurance sector of Armenia transferred $ 3.2 million to the state treasury for taxes in 9 months of 2020

Technology

Armenian robot Robin entered the Golden Kitty Award list as one of the best products of 2020

Armenia`s private IT sector intends to initiate a free educational program for persons who have received disabilities during military operations

Installation of international fiber-optic communication lines from Turkmenistan to Afghanistan – on the way to the establishment of informational bridge among the countries of the world

Beeline sales and service offices will work on a special schedule during the New Year holidays

Philip Morris has invested about $ 10 million to create a research center at the National Polytechnic University of Armenia

The new television company Telecom Armenia, brother Yesayan intends to make new quality in the telecommunications sector in Armenia

Statistics

Armenian telecom operators reduced tax payments to the state treasury by 1.6%

The inflow of foreign investments into the Armenian economy has dropped significantly

Despite the recession, Russia retains leadership in Armenia`s foreign trade turnover

Armenia`s foreign trade turnover with EU countries is rapidly sinking

Armenia`s foreign trade turnover with EAEU countries began to sink

Armenia`s foreign trade turnover decreased in 11 months of 2020 by 12.4% per annum

Cargo transportation in Armenia continues to grow amid a decrease in passenger traffic

Trade sector of Armenia continues to sink

Revenue in the communications sector of Armenia for 11 months of 2020 decreased by 3.4%

Y-O-Y devaluation of dram against dollar in December 2020 amounted to 8.5% with inflation of 3.7%

Real estate

In the regions of Armenia, 59% of transactions for the purchase and sale of real estate fall on land, despite a significant decline in activity

In Yerevan, transactions for the purchase and sale of apartments have significantly decreased, with a miserable decrease in prices

Apartment prices in Yerevan are falling, while the number of transactions is growing

Land remains the most attractive asset in the regions of Armenia

Over the quarter, the number of transactions for the purchase and sale of real estate by foreigners doubled

Foreigners tend to sell real estate in Armenia rather then buy it

Real estate market is recovering in Armenia

In Armenia, pledged real estate transactions on mortgages increased by 66.4% in July

Capital

Vice Prime Minister: Armenian companies will be able to attract preferential credit resources while increasing authorized capital

Fast Credit Capital UCO will start placement of its dram and dollar bonds on July 9

Armenian government will direct AMD 1.9 billion on capital expenditures of the Ministry of Education

SRC: only 49% of business entities took advantage of the 18th package of anti-crisis measures

Rusatom Service CJSC will receive an equivalent of $ 40.3 million for the implementation of activities at the Armenian NPP

Armenian NPP will receive a budget loan of $ 130 million

Interview

Armen Melikyan: in the field of telecommunications, Armenia may get in a situation of the late 90s

Ucom becomes an apple of discord and blackmail

News

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