Wednesday, March 27 2024 12:26
ArmInfo.From March 26 to June 26 of this year, AraratBank starts placement of bonds subject to the conditions described below: >>>
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Monday, March 25 2024 18:27
ArmInfo.IDBank joins the pension cashback program, within the framework of which 10% is returned as cashback for non-cash payments made by the pensioners. >>>
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Monday, March 25 2024 17:07
ArmInfo. By February 29, Armenia's public debt, against the backdrop of growing domestic debt, had grown
to another psychological threshold of $12 billion. >>>
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Monday, March 25 2024 14:06
ArmInfo.On March 25, 2024, the Central Bank of Armenia puts into circulation "100th Anniversary of Sergey
Parajanov's Birth" and "100th Anniversary of Paruyr Sevak's Birth" gold collector coins. >>>
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Monday, March 25 2024 12:19
ArmInfo.On March 21, 2024, IDBank placed registered coupon bonds under the abbreviation AMANLBB2OER2 through a public offering on the following terms: >>>
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Friday, March 22 2024 20:41
ArmInfo.On the occasion of the International Day of Forests, yesterday, on March 21st, the environmental NGO “My Forest Armenia” initiated a conference on the topic “Forest ecosystem services and the impact on business”. Tigran Mkhitaryan, Corporate Business Director of IDBank also participated in the conference. >>>
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Friday, March 22 2024 20:39
ArmInfo.On March 27, the Armenia Securities Exchange (AMX) will start quoting the bonds of Electric Networks of Armenia (ENA) CJSC, the issue volume of which is the largest among non-financial organizations, 32 billion drams. >>>
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Thursday, March 21 2024 19:22
ArmInfo.On March 18-22, the Green Climate Fund (GCF) Regional Dialogue with representatives of Eastern European and Central Asian countries is held in Skopje (North Macedonia). >>>
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Thursday, March 21 2024 19:19
ArmInfo.On March 21, 2024, IDBank placed registered coupon bonds under the abbreviation AMANLBB2OER2 through a public offering on the following terms: >>>
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Wednesday, March 20 2024 18:50
ArmInfo.International Client’s Day is celebrated on March 19, and IDBank decided not to miss this opportunity to uniquely congratulate and surprise customers. >>>
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Wednesday, March 20 2024 13:57
ArmInfo. In the banking sector of Armenia, the volume of lending accelerated in growth in 2023 from 13% to 21%, reaching 5.8 trillion drams ($14.2 billion). But this was not enough to save profits from the decline, which, after a 3-fold jump in 2022, decreased by 9.2% in 2023, amounting to 229.9 billion drams ($567.9 million). This is evidenced by the data of the Financial Rating of Banks of Armenia as of December 31, 2023, prepared by ArmInfo. >>>
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Tuesday, March 19 2024 13:46
ArmInfo. The link between the national card systems of Armenia and Russia - ArCa and MIR - will be suspended from March 30. >>>
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Tuesday, March 19 2024 12:30
ArmInfo.Please be informed that due to the restrictions applied to the operator of the MIR card system, it will not be possible to ensure the full operation of MIR cards in our POS-terminals and ATMs in the territory of Armenia. >>>
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Monday, March 18 2024 15:17
ArmInfo.Ardshinbank offers an exclusive promotion: "Make cashless purchases, get 10% cashback on your Ardshinbank card." This special offer is available only from March 25th to March 31st included and is open to holders of all Ardshinbank cards except Meghu and ArCa Sas cards. >>>
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Friday, March 15 2024 20:40
ArmInfo.The Central Bank of Armenia (CBA) forecasts GDP growth of 5.3% or 6.4% for 2024 - up to
10.4-10.5 trillion drams (against 8.7% growth - up to 9.5 trillion drams in 2023), depending on the formation in the economy or high or low inflation environment. In 2025, according to the Central Bank's forecast, GDP growth will accelerate slightly to 5.7-6.7%, reaching a value of 11.4-11.7 trillion drams. >>>
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Friday, March 15 2024 16:22
ArmInfo. The Patience Left the Body >>>
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Tuesday, March 12 2024 18:44
ArmInfo. Our calculations show that we are approaching the neutral interest rate level. This opinion was expressed by head of the Central Bank of Armenia Martin Galstyan at a press conference on the decision of the Central Bank Board to reduce the refinancing rate by 0.25p.p. to 8.5%. >>>
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Tuesday, March 12 2024 18:42
ArmInfo. The external inflationary impact on the Armenian economy continues to weaken significantly. Governor of the Central Bank of the Republic of Armenia, Martin Galstyan, said on March 12 at a press conference on the reduction of the refinancing rate to 8.5% from 8.75%, noting that lowering the key rate is necessary to achieve the target inflation level of 4% and ensure price stability in the medium term. >>>
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Tuesday, March 12 2024 18:41
ArmInfo.It is too early to talk about the threat of overheating in the consumer lending market.
Chairman of the Central Bank of Armenia Martin Galstyan expressed a similar opinion during a press conference on March 12. >>>
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Tuesday, March 12 2024 16:01
ArmInfo.The share of non-cash transactions in 2023 increased to 51% of the total volume In the Armenian plastic card market, (from 40% in 2022), to 3.2 trillion drams ($7.9 billion) in absolute terms. Moreover, the y-o-y growth rate of the volume of non-cash transactions accelerated from 69.7% to 2-fold. The increase in the share of non-cash transactions with Armenian cards resulted from a legislative restriction on cash transactions introduced from July 1, 2022. >>>
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