Monday, February 19 2024, 14:21
ArmInfo. Bank of Georgia Group PLC ("BOGG" or the "Group") announces the proposed acquisition
of 100 per cent. of a leading bank in Armenia, Ameriabank CJSC ("Ameriabank"), for approximately $303.6 million. This acquisition will significantly enhance the Group's presence and growth opportunities within a fast-growing and attractive market, according to BOGG's official statement.
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Friday, February 16 2024, 17:44
ArmInfo. Those economic and financial processes that began to develop in 2018 were associated with international developments, and primarily with the Russian- Ukrainian conflict. Former member of the National Assembly of Armenia, who for many years headed the Parliamentary Standing Committee on Economic Affairs Gagik Minasyan stated on February 16 during a conversation with journalists.
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Friday, February 16 2024, 17:19
ArmInfo.The most bookish holiday of the year is almost here: on these days the book is definitely the most bought and gifted item in the town, although you can’t call it an “item”. The special offers of bookstores exceed the New Year promotions, and the book queues remind of the good old days when people stood in line to buy books.
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Friday, February 16 2024, 16:59
ArmInfo. If a citizen works abroad, but is at the same time a resident of Armenia, then he is obliged to independently calculate and pay income tax on the income he receives from this work, as well as submit an online income declaration to the tax authority of the Republic of Armenia no later than May 1 of the following year, the State Revenue Committee of Armenia reports.
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Friday, February 16 2024, 16:48
ArmInfo. The decision of the State Revenue Committee of Armenia on taxation of labor migrants and penalties in case of non-payment is extremely unfair. Tatevik Bezhanyan, Advocacy Officer at Armenian Caritas Migration and Development Project , stated during a press conference on February 16.
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Friday, February 16 2024, 13:14
ArmInfo. Global economic growth will slow, according to the Macroeconomic Outlook 2024-2026 by
the Eurasian Development Bank (EDB).
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Friday, February 16 2024, 13:10
ArmInfo.The baseline scenario projects Armenian GDP growth at 5.7% in 2024 and 5.3% in 2025. Inflation could accelerate to 3.6% in 2024 amid continued elevated domestic demand, a moderate weakening of the national currency, and the ongoing cycle of refinancing rate reductions, according to the Macroerconomic Outlook by the Eurasian Development Bank (EDB).
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Thursday, February 15 2024, 17:53
ArmInfo. The net profit of the insurance sector of Armenia dropped by 33% in 2023, after a 4.5-fold
increase in 2022. "This resulted from higher reimbursement growth of 30% with a modest 17% increase in premiums.
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Thursday, February 15 2024, 17:45
ArmInfo. The likelihood of attracting a new international brand to the Armenian financial market is quite low. Economist Haykaz Fanyan expressed a similar opinion on his Facebook page, commenting on the HSBC's withdrawal from Armenian market.
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Thursday, February 15 2024, 17:38
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Thursday, February 15 2024, 13:04
ArmInfo. On February 15, the Government of Armenia approved the proposal to sign Agreement No. 2
on amending the loan agreement Gyumri Urban Roads Project signed between the Republic of Armenia and the European Bank for Reconstruction and Development (EBRD) on May 11, 2016.
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Thursday, February 15 2024, 11:37
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Wednesday, February 14 2024, 15:04
ArmInfo.The placement of AMD 32bln bonds of Electric Networks of Armenia CJSC was successfully completed within a short space of time, Director General Karen Harutyunyan told reporters.
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Wednesday, February 14 2024, 11:20
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Monday, February 12 2024, 19:19
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Saturday, February 10 2024, 01:31
ArmInfo.Fitch Ratings has upgraded ACBA Bank Open Joint-Stock Company's (ACBA) Long-Term Issuer
Default Rating (IDR) to 'BB-' from 'B+', and the bank's Viability Rating (VR) to 'bb-' from 'b+'. The Outlook is Stable. The Fitch Ratings press release received by ArmInfo reads.
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Thursday, February 8 2024, 16:41
ArmInfo.The impact of re-exports on GDP growth in 2022 was about 1%, and in 2023 - even lower, which was associated with changes in the sanctions environment, a new reality replacing traditional directions, Deputy Minister of Economy Rafael Gevorgyan TOLD Armenia's Public TV.
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Thursday, February 8 2024, 16:39
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Thursday, February 8 2024, 16:34
ArmInfo. The Government of Armenia will not abandon the program of subsidizing loans for the creation of intensive gardens, even against the background of identifying cases of abuse during its implementation. "Financing will continue, and let those who steal be responsible for it," Prime Minister Nikol Pashinyan said on February 8 at a cabinet meeting, during which changes were made to the program.
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Wednesday, February 7 2024, 17:13
ArmInfo. 47 Armenian producers will present their products at the international food and beverage exhibition Gulfood 2024.
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