Friday, September 8 2023 18:08
ArmInfo.Deflation in Armenia is very negligible due to the moderate reduction in food prices and
rising prices for services. Moreover, among food products, the prices
of sunflower oil, flour, cereals and pasta decreased most noticeably,
while vegetables and fruits had a much smaller deflationary effect.
At the same time, service tariffs continued to rise, slightly more
modestly than last year, with double-digit growth in transportation
and recreation, and medical services began to rise more rapidly. >>>
|
Friday, September 8 2023 16:45
ArmInfo.If you have a small or mobile business, the SoftPOS application from IDBank is what you need. >>>
|
Friday, September 8 2023 16:01
ArmInfo. IDBank completed the primary placement of the next tranche of registered coupon dollar bonds in the amount of $5 million, issued on July 24, 2023, ahead of schedule. This is noted in the message of IDBank, where it is noted that after listing on the Armenian Stock Exchange, the bonds of this issue (AMANLBB2LER8) will be quoted by the Marketmaker. >>>
|
Thursday, September 7 2023 15:25
ArmInfo.Armenia's national debt accelerated in growth from 11.2% to 13.8% per annum, reaching $11.4 billion (4.4 trillion drams) by August. This was due to a reversal of the annual trend of external debt from a 4.1% decline towards 4.1% growth and a slowdown in the increasing rate of domestic debt from 55.7% to 31.2%, the absolute value of which reached $6.7 billion by August and $4.7 billion, respectively (2.6 trillion drams and 1.8 trillion drams). >>>
|
Thursday, September 7 2023 15:24
ArmInfo. Armenia's Minister of Economy Vahan Kerobyan hosted a WB delegation including Mr
Tafadzwa Irvine Dube, Team Leader and Disaster Risk Management Specialist, and Ms Nora Mirzoyan, Urban Specialist. >>>
|
Wednesday, September 6 2023 10:45
ArmInfo.Summer is coming to an end, but the travel period is not: as long as the weather permits, we try to enjoy outdoor recreation almost every weekend. Of course, when traveling around the marzes, we use shops, cafes or entertainment venues, and it is very nice to see that in a number of marzes it is already possible to pay with Idram. Could you indicate in which regions your team mainly develops QR payments? >>>
|
Tuesday, September 5 2023 20:04
ArmInfo.The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are helping improve access to finance for Armenian micro, small and medium-sized sized enterprises (MSMEs) through Acba Bank. >>>
|
Tuesday, September 5 2023 16:10
ArmInfo.Within the framework of "The Power of one dram" initiative, AMD 3,500,572 were donated to the "SOS-Children's Villages" Armenian charity foundation in August. This means that during the month of August, 3,500,572 payments were made with the Idram&IDBank application, the IDBanking.am and Idram.am websites, and the terminals of the two companies. >>>
|
Monday, September 4 2023 11:02
ArmInfo. EBRD's First Vice President and Head of Client Services Group, Jurgen Rigterink, begins a week-
long visit to the Caucasus on Monday, 4 September 2023. Starting in Armenia, the trip will continue in Georgia and finish in Azerbaijan, the Banks official website reports. >>>
|
Friday, September 1 2023 18:16
ArmInfo.Armenia's gross international reserves (GIR) accelerated the y-o-t growth in Jan-July
2022 from 15.2% to 16.3% (i.e. they increased by $580 million) and
reached a new record level of $4.126 billion (from the previous
all-time high of $4.112 billion in December 2022), according to the
data of the Central Bank of the Republic of Armenia. >>>
|
Friday, September 1 2023 10:06
ArmInfo.For around 6 years, Ameriabank has retained absolute leadership in the Armenian banking
sector by mortgage loan portfolio. In H1 2023, Ameriabank's mortgage portfolio increased by more than AMD 23B to a total of USD 209.6B, thus becoming the first in the market to go past the mark of AMD 200B, the bank's press release reads. >>>
|
Thursday, August 31 2023 00:20
ArmInfo.S&P Global Ratings raised its long-term issuer credit rating on Ameriabank CJSC to 'BB-', outlook stable. The upgrade follows a similar action on Armenia. The ratings on Ameriabank are no longer constrained by the sovereign's creditworthiness and are now commensurate with its standalone credit profile of 'bb-'. >>>
|
Wednesday, August 30 2023 12:22
ArmInfo.Freedom Broker, a leading financial services provider, proudly announces its distinction as the first broker in Armenia to offer a comprehensive range of brokerage services exclusively tailored for individuals. With licenses granted by the Central Bank of the Republic of Armenia, Freedom Broker is empowered to conduct both brokerage and depository activities, marking a significant milestone in the country's financial landscape. >>>
|
Tuesday, August 29 2023 19:51
ArmInfo.We said, didn't we, that your purchases with Idplus are profitable? Now this claim is also about refueling. Yes, yes, everything is correct. At Idplus, you can already buy and use fuel cards with friends or family members and save money. >>>
|
Monday, August 28 2023 16:40
ArmInfo.On Aug. 25, 2023, S&P Global Ratings raised its long-term foreign and local currency
sovereign credit ratings on Armenia to 'BB-' from 'B+' and affirmed its short-term foreign and local currency sovereign credit ratings at 'B'. The outlook is stable. >>>
|
Friday, August 25 2023 13:39
ArmInfo. There is a substantial gap between the RUB and AMD exchange rates, Russian
Minister of Economic Development Maxim Reshetnikov told a briefing preceding a business lunch attended by Armenian and Russian businessmen. >>>
|
Monday, August 21 2023 14:52
ArmInfo. Armenia's GDP growth in H1 2023 slowed down to 16.1% per annum (from 18.3% in the same period in 2022), exceeding 3.9 trillion drams or $10.1 billion, according to the data of the RA Statistical Committee. >>>
|
Friday, August 18 2023 12:29
ArmInfo.International magazine Asian Banking & Finance awarded Ardshinbank with the nomination "RETAIL BANK OF THE YEAR OF ARMENIA" for achievements in the development of retail financial business. The winner is selected based on strong financial performance, innovative products, a customer-oriented approach, and a commitment to sustainability. >>>
|
Thursday, August 17 2023 17:20
ArmInfo.The Armenian dram has shown a steady appreciation against the currencies of the trading partner countries since the beginning of Q2 2022. In July of this year, compared to the
beginning of 2022, the Armenian dram appreciated against a basket of
currencies: - by 19.8% y/y against the dollar, by 21.7% y/y against
the euro, by 32.4% y/y against the Russian ruble. In terms of the
real effective exchange rate, the Armenian dram appreciated by 33.6%
in 2022 and by 40% in June 2023 compared to the beginning of 2022. >>>
|
Tuesday, August 15 2023 13:52
ArmInfo.Ameriabank has won in 3 nominations of Global Finance World’s Best Digital Banks Awards. In particular, the Bank has received awards for the Best Innovation and Transformation in Armenia for 2023, the Best Online Product Offerings in Armenia for 2023, and the Best in Consumer Lending in Armenia for 2023. >>>
|
Expert: When there is no trust between private and public sectors, unfortunately, there is no need to talk about right decisions
Expert: Armenia should use Georgian, Turkish transit opportunities
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its readiness to reduce economic cooperation with Iran - political scientist
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for emergence and progress of startups in Armenia
Bank of Georgia announces proposed acquisition of Ameriabank for $303.6 million