Thursday, November 30 2023 19:33
ArmInfo.“If in business life ESG principles are based on trusting relationships being formed between a company and multiple actors, from shareholders, communities to regulators, then non-financial reporting is a step towards its formal and real strengthening. This opinion is shared by Narine Melikyan, the Corporate Governance Center’s Director, who has spent decades developing and implementing internationally recognized and widely applied corporate governance standards in the business environment of Armenia. >>>
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Thursday, November 30 2023 19:21
ArmInfo. Small and medium-sized enterprises led by women in Armenia are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD) extends fresh funds to Acba Bank, supported by the European Union (EU) and Sweden. This is stated in the EBRD press release. >>>
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Wednesday, November 29 2023 11:56
ArmInfo. Converse Bank is the underwriter for corporate dram coupon bonds of the Euroterm company
in the amount of AMD 500mln, the public primary placement of which began on November 28. This is noted in the Bank's message, which states that the coupon yield is set at 12.5%, the maturity period is 36 months, and the frequency of coupon payments is provided once every six months. The bonds of this issue mature on November 28, 2026. >>>
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Tuesday, November 28 2023 15:09
ArmInfo.For the first time in the years of formation and development of the bankcard market in
Armenia, following the results of 9 months of this year, the volume of non-cash bankcard transactions exceeded the volume of cash transactions. >>>
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Tuesday, November 28 2023 11:27
ArmInfo. On November 27, 2023, at the RA Ministry of Finance, Armenia and the Asian Development Bank
(ADB) signed the loan agreements "Seismic Safety Improvement Program - (SSIP)" and "Yerevan Urban Development Investment Project." >>>
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Monday, November 27 2023 20:12
ArmInfo. Along with the transition to non-cash payments in Armenia, the network of POS
terminals in retail locations is actively expanding. >>>
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Monday, November 27 2023 20:02
ArmInfo. The European Bank for Reconstruction and Development (EBRD) has signed a funded Risk
Sharing Framework (RSF) agreement with HSBC Bank Armenia (HSBC
Armenia) to facilitate Armenian firms' access to finance. >>>
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Friday, November 24 2023 16:31
ArmInfo.The European Bank for Reconstruction and Development (EBRD) and the European Union have provided Ardshinbank with a $20 million credit for the development of Micro, Small, and Medium-sized Enterprises (MSMEs) in Armenia. The financial package aims to support growth, competitiveness, and green economy initiatives in Armenia. The agreement was signed on November 24 in Yerevan. >>>
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Thursday, November 23 2023 17:28
ArmInfo.The profits of Armenian banks, which sharply increased over the past year by leaps
and bounds in foreign exchange transactions, are beginning to slow
down significantly in growth rates. >>>
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Thursday, November 23 2023 17:06
ArmInfo.Ardshinbank and Dalan Technopark have announced the signing of a cooperation agreement. Ardshinbank has become the main partner of the technopark, financing one of the largest projects in the construction industry. >>>
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Thursday, November 23 2023 13:58
ArmInfo.Armenia is amending the EUR 5 million loan agreement Yerevan Metro Rehabilitation Project Phase II signed with the European Investment Bank (EIB) on May 10, 2013. >>>
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Thursday, November 23 2023 13:55
ArmInfo. On November 23, the Government of Armenia approved the proposal to sign the EUR 25mln
financial agreement Yerevan Energy Efficiency Phase II between the European Investment Bank and Armenia. >>>
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Wednesday, November 22 2023 19:24
ArmInfo. The Armenian government is withdrawing from the mortgage loan income tax refund
program, but in return, similar tools will be introduced as part of the income declaration mechanism. Armenian Minister of Economy Vahan Kerobyan told reporters during a briefing on November 22. >>>
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Wednesday, November 22 2023 18:42
ArmInfo.Germany will allocate grant and loan funds in the amount of 84.6 million euros to
Armenia for the development of priority areas. Armenia's Minister of Economy Vahan Kerobyan announced November 22, summarizing the results of the two-day intergovernmental negotiations on the development of
Armenian-German cooperation in Yerevan. >>>
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Wednesday, November 22 2023 18:05
ArmInfo. On November 22, 2023, the Central Bank of Armenia puts into circulation 10, 20, 50, 100, 200 and 500
dram circulation commemorative coins dedicated to 30 years of national currency. This is noted in the message of the Central Bank of the Republic of Armenia. >>>
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Tuesday, November 21 2023 16:02
ArmInfo.On November 20, 2023, IDBank placed registered coupon bonds under the abbreviation AMANLBB2NER4 through a public offering on the following terms: >>>
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Tuesday, November 21 2023 13:02
ArmInfo. Team Telecom Armenia together with Visa came up with an offer for drivers of electric vehicles. According to the company's press service, from November 16 to December 31 inclusive, when paying for services at Team Energy charging stations with a Visa card, only 50% of the amount will be debited from the client, and the remaining half will be reimbursed by Visa. >>>
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Tuesday, November 21 2023 12:00
ArmInfo.The Government of Armenia intends to redistribute up to 6% of budget funds in order to provide adequate assistance to forcibly displaced persons from Nagorno-Karabakh. An extraordinary meeting of Armenia's Parliament is discussing amendments to the law "On the Budget System". >>>
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Monday, November 20 2023 20:50
ArmInfo. In Armenia, Acba Bank and Converse Bank are starting to issue cards of the China UnionPay system. Let us remind you that Acba Bank has been servicing China UnionPay cards since October 2019. ArmInfo was informed by Acba Bank and Converse Bank. >>>
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Monday, November 20 2023 14:09
ArmInfo. The net inflow of private transfers to Armenia for 9 months of 2023 dropped to $1.3 billion from $1.7 a year earlier. According to the data of the Central Bank of RA, the y-o-y dynamics of this indicator turned sharply from a 2.6-fold increase to a 23% decrease. >>>
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