Converse Bank bonds were bought in primary market within days Friday, April 26 2024 16:48:00
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 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. |
Thursday, January 18 2024 12:37
ArmInfo.On January 18, Armenia's Cabinet approved a decision on the RA government accepting 12.5% of the Lydian Armenia shares as a gift. >>> |
Thursday, January 18 2024 12:08
ArmInfo.Armenia's Cabinet has approved the ratification of the EUR 60mln financial agreement Yerevan Urban Development Investment Project with the Asian Development Bank (ADB) of November 27, 2023. >>> |
Thursday, January 18 2024 10:16
ArmInfo.Converse Bank announces on the completion of Euroterm CJSC corporate bonds allocation ahead of schedule. From 28.11.2023 to 12.01.2024, Converse Bank allocated bonds with total volume of AMD 500 million with a coupon rate of 12.5% and a maturity of 36 months. >>> |
Wednesday, January 17 2024 15:11
ArmInfo.Boosting green lending for SMEs and households, especially in agriculture, manufacturing, and small-scale renewable energy >>> |
Wednesday, January 17 2024 14:31
ArmInfo.The government will compensate the deposits of citizens born before June 30, 1941 inclusive, who were invested in the Republican Bank of the Armenian SSR of the Savings Bank of the USSR. The Ministry of Labor and Social Affairs reported this, citing a government decision. >>> |
Tuesday, January 16 2024 21:12
ArmInfo. The Investment Committee of Armenia gave preliminary approval to the investment project for the construction of the Dry Port industrial park in Gyumri, the press service of the RA government reports. >>> |
Tuesday, January 16 2024 21:03
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. >>> |
Tuesday, January 16 2024 16:52
ArmInfo. Nothing will change for RA citizens who have already taken a mortgage loan within the framework of the income tax refund program. MP from the ruling Civil Contract party Babken Tunyan wrote on his Facebook page. >>> |
Tuesday, January 16 2024 15:23
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). >>> |
Monday, January 15 2024 11:53
ArmInfo.Government subsidies to communities will increase significantly from January 1, 2024. Prime Minister of Armenia Nikol Pashinyan wrote on his Facebook account, publishing the corresponding video material. >>> |
Thursday, January 11 2024 20:16
ArmInfo. The GTB Steel company, which was forced to move the metallurgical plant project from Yeraskh to the city of Ararat, will receive a loan of 3.5 billion drams from the RA government. The resolution was adopted on January 11 at a meeting of the Cabinet of Ministers. >>> |
Thursday, January 11 2024 17:03
ArmInfo. In 2024, Armenia will continue the process of providing compensation for cash deposits made in the republican bank of Sberbank of the USSR before June 10, 1993, to citizens born before June 30, 1941 inclusive. The corresponding decision was made on January 11 at a meeting of the Armenian government. >>> |
Thursday, January 11 2024 10:42
ArmInfo.Idram and IDBank summarize the December program of the "The power of one dram" initiative. The "one drams" collected for the payments made by the clients of the two companies in December, 3.945.010 AMD, will be sent to the Health Fund for Children of Armenia. >>> |
Wednesday, January 10 2024 21:28
ArmInfo.The Armenian Parliament held a discussion on the topical issue of banking tariffs. This problem becomes quite acute due to the transition to a significant growth of non-cash transactions in the country, associated with the adoption of a law regulating non-cash circulation a year ago and actually obliging economic entities to accept non-cash payments for goods and services. >>> |
Wednesday, January 10 2024 12:25
ArmInfo.A long-term loan facility to prioritize women in business >>> |
Tuesday, January 9 2024 19:50
ArmInfo. The first exchange trades in government bonds this year show that demand for them continues to remain high and significantly exceeds supply. >>> |
Friday, January 5 2024 18:09
ArmInfo. Only dollar and euro transactions were carried out at the foreign currency interbank of Armenia in the first short week of January 2024 (January 3-5), hile there were no euro transactions in the same period a year ago, instead there were ruble transactions along with dollar ones, but both then and now they were recorded in small volumes with downward trend in dollar transactions. >>> |
Wednesday, January 3 2024 13:59
ArmInfo. Armenia's gross international reserves go on decreasing as against the historical record last August, $4.219bln. >>> |
Friday, December 29 2023 10:57
ArmInfo. Prime Minister Nikol Pashinyan visited the Central Bank to participate in the reception organized on the occasion of the upcoming New Year and Christmas. >>> |
Thursday, December 28 2023 15:41
ArmInfo. According to the new forecast of the Central Bank for 2023, the unemployment rate will be below 13% (against the actual 13% in 2022), while according to its previous forecast (September), the bank expected an increase of up to 14%. But in the medium term, in parallel with the recovery in demand, the unemployment rate will stabilize near its long-term sustainable level of 15%. This is noted in the Central Bank's Monetary Policy Program (MPP) for Q4 2023, published at the end of December, where GDP growth expectations for 2023 indicate a less noticeable slowdown in rates to 8.3% (from 12.6% in 2022) and further to 6.1% in 2024 and 5.7% in 2025. >>> |
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