“By Your Side”: IDBank`s new support program for displaced Artsakh citizens Tuesday, May 7 2024 22:20:00
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 ArmInfo.IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. This time, the program includes about 150 minor children from 42 families forcibly displaced from Artsakh. |
Tuesday, December 26 2023 17:18
ArmInfo. From December 25, 2023 to January 30 of the next year, borrowers with gold collateral can participate in the Ardshinbank raffle and win one of 100 gifts. >>> |
Tuesday, December 26 2023 17:08
ArmInfo. Ardshinbank has announced a decision to opt out of traditional New Year corporate celebrations. Instead, the bank will redirect the earmarked funds towards assisting one hundred families from Artsakh who have faced displacement. >>> |
Saturday, December 23 2023 11:13
ArmInfo. From December 18 to 22, the increase in dollar transactions in the RA foreign exchange interbank was accompanied by a decrease in ruble transactions, parallel to which, after a two-week absence, euro transactions resumed. Thus, the weekly trend in dollar transactions turned from a 36% decline towards 68.2% growth, while the dynamics of ruble transactions turned in the opposite direction - from a 5.8-fold increase towards 83.2% recession. As a result, dollar transactions began to dominate again, prevailing 9.3-fold over ruble transactions and 16.5-fold over euro transactions. >>> |
Tuesday, December 19 2023 14:53
ArmInfo. "Electric Networks of Armenia" (ENA) CJSC entered the capital market with an unprecedented issue of bonds in the amount of 32 billion drams. As part of this tranche, 320 thousand bonds were issued, each with a nominal value of 100 thousand drams, with a coupon yield of 11.4%, a circulation period of 3 years, and the frequency of coupon payments every six months. The underwriter and market maker is Ameriabank. ENA CEO Karen Harutyunyan announced to journalists during a briefing on December 18 on the sidelines of an official event dedicated to the issue. >>> |
Friday, December 15 2023 21:58
ArmInfo. The outflow of private transfers from Armenia continues to grow significantly, while the growth of inflows has sharply stopped. >>> |
Thursday, December 14 2023 11:17
ArmInfo.The Eurasian Development Bank (EDB) treats the Amulsar project in Armenia very carefully and cautiously. Denis Ilyin, Deputy Chairman of the EDB Board, stated this on December 14 in Almaty, summing up the results of the Bank's year of activity. >>> |
Thursday, December 14 2023 10:56
ArmInfo. Yerevan will host the first investment forum "Armenia's capital markets: looking into the future", March 5, 2004, Freedom Broker, organizer of the forum, reports. >>> |
Wednesday, December 13 2023 19:27
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Wednesday, December 13 2023 19:23
ArmInfo.Moody's Investors Service ("Moody's") has today upgraded IDBank's long-term local and foreign currency bank deposit ratings to B1 from B2 and changed the outlook on these ratings to stable from positive. >>> |
Tuesday, December 12 2023 20:46
ArmInfo. Shares of the largest telecommunications operator in Armenia, Telecom Armenia OJSC, have undergone the listing procedure on the Armenia Securities Exchange|AMX . >>> |
Tuesday, December 12 2023 18:36
ArmInfo.The Central Bank of Armenia has once again improved its GDP growth forecast for 2023 - from the previous 7.2% to an updated 8.3%. At the same time, thechief bank revised its GDP expectations for 2024 - towards higher growth of 6.1% (against the previously forecasted 5.6%). Governor of the Central Bank of the Republic of Armenia Martin Galstyan stated on December 12 during a press conference regarding the next reduction in the refinancing rate from 9.5% to 9.25%. >>> |
Tuesday, December 12 2023 16:35
ArmInfo.On December 11, the Alexander Hotel hosted the presentation of “The Cultural Map” by Erin Meyer, a professor at INSEAD International Business School in Paris and an expert in intercultural management. Translated into Armenian and published by Newmag with Ardshinbank’s initiative and financial backing, the event featured insights into the author's creative journey. >>> |
Tuesday, December 12 2023 14:56
ArmInfo. The Central Bank of Armenia reduced the refinancing rate by another 0.25 percentage points - from 9.5% to 9.225%. This is the fifth decrease this year, after two years of increase with reaching a historical maximum of 10.75% at the end of 2022 and maintaining this level until June 13 of this year, when the first decrease of 0.25 percentage points took place. >>> |
Tuesday, December 12 2023 12:41
ArmInfo. The Armenian authorities expect that by the end of 2023, the share of public debt in the country's GDP will be 47% instead of the previously predicted figure of 49%, Armenia's Deputy Minister of Finance of Armenia Eduard Hakobyan stated in Parliament. >>> |
Tuesday, December 12 2023 12:40
ArmInfo.Armenia plans to borrow EUR 50mln from the OPEC Fund for International Development. Armenia's Parliament has ratified an agreement with the Fund. >>> |
Friday, December 8 2023 19:48
ArmInfo.For the third year in a row, AraratBank was recognized as the Best Sub-Custodian Bank in Armenia by the professional team of the premium international magazine Global Finance. >>> |
Friday, December 8 2023 15:48
ArmInfo. Armenia's gross international reserves (GIR) since October have fallen from their historical high of $4.2 billion in the previous two months. Thus, the GIR having decreased by 8.5% or $353 million in October 2023 (versus a 3% decline in October 2022), amounted to $3.813 billion. In parallel with this, a y-o-y growth slowed down - from 13.5% to 5% (or by $179.7 million in October 2023 compared to October 2022). >>> |
Thursday, December 7 2023 15:22
ArmInfo.Idram and IDBank sum up the results of the November program of the “The Power of One Dram” initiative. >>> |
Wednesday, December 6 2023 11:20
ArmInfo.From December 3 to 8 of this year, Director of the Business Development Department, Deputy CEO of ARMSWISCBANK CJSC Ara Makaryan is participating in the 28th UN Climate Change Conference (COP 28) in the UAE with the RA delegation. >>> |
Wednesday, December 6 2023 11:04
ArmInfo.Armenia's Parliament is discussing the final version of the 2024 draft budget. >>> |
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