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Daily Archives: Oct 5, 2010

Fitch forecasts Armenia may reduce deficit r to its target of 4.9% of GDP

Economy
Fitch Ratings has affirmed Armenia's Long-term foreign- and local currency Issuer Default Ratings (IDR) at 'BB-' respectively.

Armenia posts second highest inflation in CIS

Economy
Armenia posts second highest inflation in CIS.

EBRD provides a $5 million loan to Armenian Araratbank

Banks
The European Bank for Reconstruction and Development (EBRD) has signed a $5mln loan agreement with Armenian Araratbank.

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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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