ArmInfo.Converse Bank announces on the completion of Euroterm CJSC corporate bonds allocation ahead of schedule. From 28.11.2023 to 12.01.2024, Converse Bank allocated bonds with total volume of AMD 500 million with a coupon rate of 12.5% and a maturity of 36 months.

ArmInfo.The government will compensate the deposits of citizens born before June 30, 1941 inclusive, who were invested in the Republican Bank of the Armenian SSR of the Savings Bank of the USSR. The Ministry of Labor and Social Affairs reported this, citing a government decision.

ArmInfo. Zaruhi Muradyan, President of the Vine and Wine Foundation of Armenia highlights more  active diversification of sales markets for Armenian products.  

ArmInfo.The interest of foreign investors in the field of winemaking and viticulture in Armenia is growing from year to year, Zaruhi Muradyan, President of the Vine and Wine Foundation of Armenia, told ArmInfo. 

ArmInfo.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) and Amundi-ACBA Asset  Management are joining forces to facilitate access to local currency financing and strengthen the local capital market in Armenia. This was reported by the press service of the Amundi-Acba Asset Management  pension fund.

ArmInfo. In case of fulfillment of certain conditions by drivers in Armenia, the amount of fines for the absence of an insurance contract will be reduced 4-fold. At the plenary session on January 16, the National Assembly  of the Republic of Armenia introduced amendments to the Code of Administrative Offenses in the second and final reading.

ArmInfo. The application of MTS Armenia CJSC (Viva-MTS brand, a subsidiary operator of the Russian  MTS PJSC) to complete a transaction for the sale of company shares may be rejected. This is stated in the draft decision of the Public Services Regulatory Commission (PSRC) of the Republic of Armenia,  which will be considered on January 17.

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ArmInfo.

ArmInfo. The GTB Steel company, which was forced to move the metallurgical plant project from Yeraskh  to the city of Ararat, will receive a loan of 3.5 billion drams from the RA government. The resolution was adopted on January 11 at a meeting of the Cabinet of Ministers.

ArmInfo. In 2024, Armenia will continue the process of providing compensation for cash deposits made  in the republican bank of Sberbank of the USSR before June 10, 1993, to citizens born before June 30, 1941 inclusive. The corresponding decision was made on January 11 at a meeting of the Armenian government.

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ArmInfo.

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ArmInfo.

ArmInfo.Idram and IDBank summarize the December program of the "The power of one dram" initiative. The "one drams" collected for the payments made by the clients of the two companies in December, 3.945.010 AMD, will be sent to the Health Fund for Children of Armenia.

ArmInfo. Within the framework of the working visit to participate in the Vibrant Gujarat Global Summit 2024 in India, the Minister of Economy of Armenia Vahan Kerobyan had meetings with the heads of leading international  technology companies. He announced this on his Facebook page.

ArmInfo.

ArmInfo.The Armenian Parliament held a discussion on the topical issue of banking tariffs. This problem  becomes quite acute due to the transition to a significant growth of non-cash transactions in the country, associated with the adoption of a law regulating non-cash circulation a year ago and actually obliging economic entities to accept non-cash payments for goods and services.