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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Monday, November 20 2023 12:06
ArmInfo.Armenia's banking system is making half-hearted attempts to reanimate corporate lending, which snowed a decline last year, against a backdrop of accelerated growth in private loans, which ensure acceptable return on and diversification of assets. However, such activity requires special attention needed for preventing delinquent loans from turning into risky ones. >>>
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Friday, November 17 2023 20:05
ArmInfo.Ameriabank has been recognized as the Best Bank for Digital Solutions in Armenia for the year 2023, as announced by Euromoney magazine in its Awards for Excellence. The magazine emphasizes Ameriabank's commitment to digital innovation and transformative technology, which has surpassed that of its peers over the past 12 months. >>>
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Friday, November 17 2023 15:49
ArmInfo.On November 17, Ardshinbank officially opened the new “Vardanants” branch, which is a specialized in serving and financing small and medium-sized business clients. While the branch specializes in meeting the unique needs of businesses, it also extends its services to individuals, offering a comprehensive range of modern banking solutions provided by Ardshinbank. >>>
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Friday, November 17 2023 11:42
ArmInfo. To cover the state budget deficit, Armenia will take out a EUR 50mln loan. At its meeting on November 17, Armenia's Cabinet approved the bill on ratification of the loan agreement "Green, sustainable and inclusive development programme" between Armenia and OPEC. >>>
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Wednesday, November 15 2023 20:58
ArmInfo. Daniel Azatyan was elected as the new chairman of the Union of Banks of Armenia (UBA)
for a term of 3 years. This is noted in the UBA message, which states that he assumed this position on November 15. >>>
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Wednesday, November 15 2023 14:57
ArmInfo. In 2023, Armenia will experience a significant increase in domestic demand. Governor of the Central Bank of the Republic of Armenia Martin Galstyan stated on November 15 from the rostrum of the National Assembly of the Republic of Armenia. >>>
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Wednesday, November 15 2023 11:36
ArmInfo.Armenia's task is to ensure high-rate economic growth without a considerably growing inflationary pressure, Armenia's Minister of Finance Vahe Hovhannisyan stated in Parliament. >>>
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Wednesday, November 15 2023 11:17
ArmInfo. The state budget deficit of Armenia in 2024 will amount to 341.1 billion drams (about $880 million, the estimated US dollar exchange rate is 385.9 dr. per $1) or 3.2% of GDP, against 236.8 billion drams or 2.5% of GDP expected by end of this year and 179.5 billion or 2.1%, actual for 2022. >>>
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Tuesday, November 14 2023 18:37
ArmInfo.In 2024, more than 805 billion drams or more than $2 billion will be required to service and repay the debt of the RA government (calculated US dollar exchange rate is 385.9 AMD $1), and the expenses of the Ministry of Defense will amount to around 560 billion drams. This is stated in the budget report of the draft state budget for the next fiscal year. >>>
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Tuesday, November 14 2023 14:38
ArmInfo.An analysis of the stability of the RA government's debt shows that although the latter is stable, manageable and low-risk, it is sensitive to economic growth as well as exchange rate shocks, reads the 2024 budget message. >>>
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