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Daily Archives: Aug 6, 2016

EBRD announces tender for design engineering and construction of bridge between Georgia and Armenia

Banks
The European Bank for Reconstruction and Development (EBRD) announced a two-stage tender for design engineering and construction of a bridge across the Debed River in the borderland between Georgia and Armenia

EBRD and central bank of Armenia strengthen local currency and local capital

Banks
Strengthening the local capital market and increasing local currency lending were the main themes of a workshop organised by the EBRD and the Central Bank of Armenia (CBA) in Yerevan this week, EBRD Yerevan Office said in a press release

Armenia tuition fees are relatively low compared to e global average, HSBC survey says

Banks
In Armenia the tuition fees range from USD840-1,680 per annum, according to Foundations for the Future, the latest report in The Value of Education series from HSBC

Rosgosstrakh Armenia paid 2.5 billion drams in insurance compensation claims for first six months of 2016

Insurance
Rosgosstrakh Armenia insurance company paid 2.5 billion drams in insurance compensation claims for the first six months of 2016. The bulk of the amount- about 1.39 billion drams- were paid as car insurance compensation claims

Armenia’s gross international reserves in late July 2016 stood at $1. 588.8 billion

Exchange market
Armenia's gross international reserves in late July 2016 stood at $1. 588.8 billion, an increase of 1.43% over the previous month, the Central Bank said today

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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