Bulk of foreign investments in Armenia arrive from Canada, Russia, Switzerland and France

YEREVAN, July 23. /ARKA/. The bulk of foreign investments in Armenia in the first half of this year arrived from Canada, Russia, Switzerland and France, economy minister Tigran Davtyan said today.

He said Canadian investments amounted to  $43.7 million, Russian – to $27 million, the Swiss invested  $21.5 million and the French  $20.4 million.
The minister said the overall data for the first half was not available yet. He said the picture will clear only by September.

According to Arnstat, foreign investment in the real sector of Armenia in January-March 2012 contracted by 55.5%  compared to the same period of 2011 to $100.5 million (loans obtained by the government and banks not counted)  -0-

spot_img

POPULAR

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

Unibank provided cashback to more than 2 000 reliable SME borrowers

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

Unibank Sponsored the “Upside Down” Sport Climbing Festival

With the support of the Sport Climbing Federation of Armenia, the “Upside Down” sport climbing festival took place at the Ver Var bouldering gym, with Unibank acting as the sponsor of the event.

LATEST NEWS

spot_imgspot_imgspot_img