Converse Bank bonds were bought in primary market within days

 Friday, April 26 2024 16:48:00
Converse Bank bonds were bought in primary market within days

ArmInfo. Within days, Converse Bank's dram coupon bonds were bought in the primary market in the  amount of 5 billion drams. It is noteworthy that this tranche was put up for sale together with the dollar bonds on April 17, and within a week the dram bonds were fully distributed. This is noted in a message from Converse Bank.

CBA Head fears that problem of underfulfillment of capital  expenditures will not be resolved in 2024 as well
 Monday, October 30 2023 21:58

ArmInfo.Governor of the Central Bank of Armenia Martin Galstyan expressed fears that the  problem of underfulfillment of budget capital expenditures will not be resolved in 2024 as well.

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Russian government includes Armenia in `comfortable conditions` for  foreign businesses and entrepreneurs
 Monday, October 30 2023 16:38

ArmInfo.During the operational meeting of the Deputy Prime Ministers in the Government of the Russian Federation, the issue of simplifying the procedure for opening accounts in Russian banks by foreign entrepreneurs was considered.

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Vahe Hovhannisyan: Next year, 42% of capital spending to be directed  to defense sector 
 Monday, October 30 2023 16:01

ArmInfo. Capital expenditures in 2024 will reach 6.6% of GDP, which is 0.7% higher  than a year ago. Minister of Finance of Armenia Vahe Hovhannisyan announced on October 30 at a parliamentary committee hearing on the 2024 budget. 

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Finance Minister: Budget deficit in 2024 could reach 4.6%
 Monday, October 30 2023 16:00

ArmInfo.The budget deficit in 2024 could rise to 4.6% from 3.2% under the current draft budget  scenario. Minister of Finance of Armenia Vahe Hovhannisyan stated on October 30 at a parliamentary committee hearing on the 2024 budget.

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Information Systems Agency is planned to be established in Armenia -  CB Governor
 Monday, October 30 2023 15:59

ArmInfo. It is planned to establish an Information Systems Agency in Armenia. Governor of the  Central Bank of the Republic of Armenia Martin Galstyan announced on October 30 at a parliamentary committee hearing on the 2024 budget.

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Economy Minister, HSBC Reps discuss possibility of Armenian large  companies entering foreign capital markets
 Friday, October 27 2023 16:15

ArmInfo.Armenian Minister of Economy Vahan Kerobyan met with representatives of HSBC Bank as  part of a working visit to London.

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Four Armenian mobile operators increase tax payments by 20.4% this  Jan-Sept
 Friday, October 27 2023 12:09

ArmInfo. In January-September 2023, the four telecommunication operators of  Armenia increased tax payments to the state budget by 20.4% - up to  AMD 30.7bln ($78mln). Of this amount, AMD 7.8bln came from direct  taxes (including profit tax, income tax), and AMD 13.1bln from VAT. 

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Tax payments of banking system of Armenia have increased  significantly
 Thursday, October 26 2023 18:01

ArmInfo.The banking system of Armenia in Jan-Sept 2023 sent 111.8 billion drams or $284.1 million to the state treasury through taxes, which is 2.4-fold higher than the year-ago. Of this amount, 91.1% or 101.9 billion drams were paid for direct taxes (including profit tax and income tax), with an increase of 2.6-fold over the year, according to the data from the State Revenue Committee.

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Bonds of Eurasian Development Bank have started to be listed  on main  Abond list of Armenia Securities Exchange
 Thursday, October 26 2023 17:54

ArmInfo. Starting from October 26 of this year, nominal coupon bonds issued by the Eurasian Development Bank (EDB)  have started to be listed  for the first time on the main (Abond) list of bonds at the Armenia Securities Exchange.

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Tigran Khachatryan: state provided financial assistance to 97.2  thousand Artsakh refugees
 Wednesday, October 25 2023 19:53

ArmInfo.The state has already provided financial assistance to 97.2 thousand forcibly displaced citizens of Artsakh, of which 24 thousand are children. Deputy Prime Minister of Armenia Tigran Khachatryan said, answering a question from parliamentarians during government hour on October 25. At the same time, he emphasized that these are not final data.

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Ardshinbank offers "Standard" and "Standard+" packages for individual entrepreneurs and small and medium-sized enterprises
 Tuesday, October 24 2023 14:19

ArmInfo.Ardshinbank has developed special "Standard" and "Standard+" packages for individual entrepreneurs and legal entities registered in the Republic of Armenia. The packages include various banking services to help entrepreneurs manage their finances more efficiently and conduct banking operations.

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ARMSWISSBANK presents the premium World Elite™ Mastercard®
 Monday, October 23 2023 18:02

ArmInfo.ARMSWISSBANK presents the long-awaited World Elite™ Mastercard®, which along with the possibility to carry out convenient and secure transactions, provides cardholders with many premium benefits around the world.

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Converse Bank is presented with “Euro STP Excellence Award 2022”
 Friday, October 20 2023 15:44

ArmInfo.We are proud to announce that Converse Bank has once again been awarded with "Euro STP Excellence Award" for quality excellence by one of leading European banks, Commerzbank AG.

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Amundi-Acba made the first direct investment in the equities of an Armenian company
 Friday, October 20 2023 12:26

ArmInfo.Amundi-Acba Asset Management CJSC made a major investment from the assets of the Balanced and Conservative Pension Funds under its management in the equities of Telecom Armenia OJSC by participating in the initial public offering.

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Armenian government to continue payments to residents of villages of  Shurnukh and Vorotan until December 2023
 Thursday, October 19 2023 14:40

ArmInfo.A regular Cabinet meeting took place today, chaired by Prime Minister Nikol Pashinyan,  the press service of the RA Government reports.

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On October 17, Impact Hub Yerevan hosted a pitch event and an award ceremony for the participants of this year’s Social Impact Award Armenia.
 Thursday, October 19 2023 14:37

ArmInfo.The award ceremony was organized as part of Collaborate for Impact program, funded by the European Union in Armenia and implemented by the European Venture Philanthropy Association (EVPA) in partnership with Impact Hub Yerevan.

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Armenian banks are returning to lending to keep profits up
 Wednesday, October 18 2023 20:18

ArmInfo. Armenian banks are reviving their credit policy after "resting on immigrants' laurels".  This must be done quickly and competently in order to maintain profit growth and avoid its serious decline.

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Armenia`s CB to be authorized to verify gift transactions 
 Monday, October 16 2023 16:22

ArmInfo.The Central Bank of Armenia will receive the authority to verify the authenticity of transactions involving gift transactions. At a meeting on October 16, the Commission on Financial, Credit and Budgetary Issues of the National Assembly of the Republic of Armenia issued a positive conclusion on the amendments to the law "On Combating Money Laundering and the Financing of Terrorism" submitted by the  Government of the Republic of Armenia.

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Package of Services Offered by Ardshinbank for Our Compatriots from Artsakh
 Friday, October 13 2023 16:00

ArmInfo.Dear compatriots of Artsakh, Ardshinbank has taken a series of measures to ensure your convenience and access to financial operations.

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Converse Bank offers loan payment holiday
 Friday, October 13 2023 15:58

ArmInfo. The Converse Bank offers legal entities and private entrepreneurs to take advantage of  loan payment holiday as part of the Converse SME product.

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