Thu, 6 March
10.1 C
Yerevan
USD: 394.58 RUB: 4.43 EUR: 425.79 GEL: 141.83 GBP: 507.86
spot_img

Road construction insurance institution planned to be established in Armenia

YEREVAN, June 28. /ARKA/. The road construction insurance institution is planned to be established in Armenia, Armenian Transport and Communication Minister Manuk Vardanyan said at a news conference on Monday.

He said that both authors of the project and constructors would be responsible for any fault in the project, shoddy appraisal, technical control and construction.

Vardanyan said that studies have revealed some faults in appropriate laws and norms, which should be amended.

In particular, combination of activities on projection, appraisal, technical control and construction will be banned.-0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img