Farm insurance not expedient in Armenia yet: Prime-Minister

YEREVAN, May 23. /ARKA/. Farmers insurance is not yet practical in Armenia, the prime-minister Tigran Sargsyan said at a cabinet meeting Thursday.

“It is not something to be done today. Introduction of rural insurance across the country is very expensive, and farmers do not have money for monthly payments on insurance packages. That is why it is not expedient for the time being”, the prime-minister said.

At its Thursday meeting the government approved its program to help Armavir farmers recover losses suffered from the May 12 hailstorm.–0—

spot_img

POPULAR

Aggregate assets of Armenian banks grew by 20.82% to 14.46 trillion drams by the end of September 2026

As of September 30, 2026, the aggregate assets of Armenian banks reached 14.46 trillion drams, an increase of 20.82% compared to September 30, 2025, according to an operational bulletin from the ARKA news agency.

Unibank Receives B++ Sustainability Alignment Rating from Agents for Impact GmbH

Unibank has received a Sustainability Alignment Rating of B++ from Agents for Impact GmbH (Frankfurt, Germany).

VTB (Armenia) supports the Newmag BOOK DONATION initiative in the city of Hrazdan

VTB (Armenia) continues to support the socially significant "BOOK DONATION" project by the Newmag publishing house, which aims to replenish library collections in Armenia’s regions with contemporary literature.

Euro exchange rate against the Armenian dram falls; dollar and ruble see slight gains — Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on October 20, 2026, rose by 0.08 points compared to October 19, reaching 361.49 drams.

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

LATEST NEWS

spot_imgspot_imgspot_img