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Russia to sell VTB stake in 2013 -state property chief

YEREVAN, April 19. /ARKA/. VTB, Russia’s second-biggest bank, will hold a secondary share sale this year, Olga Dergunova, the head of the state property agency, said on Friday. “VTB bank is planned for (share) placement this year,” Dergunova told reporters, according to Reuters..

VTB Chief Executive Andrei Kostin said last month the state-controlled bank planned a 100 billion rouble ($3.16 billion) share sale in Moscow, part of a broader privatisation drive by Russia.

A month ago first deputy prime minister Igor Shuvalov told reporters VTB planned a secondary share sale in 2013 autumn worth tens of billion rubles  through  Moscow Stock Exchange. Shuvalov said in November 2012 that the government was  willing to reduce its  stake in VTB to 50 percent from  75.5 per cent. -0-

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Armenia may access $25 mln from the IMF under the SBA agreement in June

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Armenia Enters Top 10 Countries in the World with Lowest Inflation in 2024 – IMF

Armenia was among the top 10 countries in the world with the lowest annual inflation in 2024. Such data is provided in an IMF study on 156 countries.

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On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank's Armenia Monthly Economic Update – April 2025.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

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