he European Bank for Reconstruction and Development's (EBRD) investments in Armenia in 2024 hit the record 400 million euros, Armenian Finance Minister Vahe Hovhannisyan said at a meeting with EBRD President Odile Renaud-Basso in London.
Three Armenian banks - IDBank, Inecobank and Ardshinbank - have decided to postpone repayment of clients' liabilities for a period of 3 to 5 years as part of the search for interim solutions for clients affected by possible fraud, the press service of the Central Bank of Armenia reported.
VTB has announced the launch of a new project designed to attract patients from CIS countries and other friendly states for medical treatment in Russia, the press service of VTB (Armenia) reported.
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
YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.
Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”
In the consumer market of Armenia, 12-month inflation in April of this year amounted to 3.2%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia’s Finance Minister, Vahe Hovhannisyan, addressed concerns regarding the stagnation of the country's credit rating despite positive financial indicators reported by the government over the past seven years.
Armenia's public debt as of March 31 is 5.3 trillion drams, an increase of 4.4% compared to December 31 last year, and 5.8% in dollar terms, said Finance Minister Vahe Hovhannisyan.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
he European Bank for Reconstruction and Development's (EBRD) investments in Armenia in 2024 hit the record 400 million euros, Armenian Finance Minister Vahe Hovhannisyan said at a meeting with EBRD President Odile Renaud-Basso in London.
Three Armenian banks - IDBank, Inecobank and Ardshinbank - have decided to postpone repayment of clients' liabilities for a period of 3 to 5 years as part of the search for interim solutions for clients affected by possible fraud, the press service of the Central Bank of Armenia reported.
VTB has announced the launch of a new project designed to attract patients from CIS countries and other friendly states for medical treatment in Russia, the press service of VTB (Armenia) reported.
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
YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.
Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”
In the consumer market of Armenia, 12-month inflation in April of this year amounted to 3.2%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia’s Finance Minister, Vahe Hovhannisyan, addressed concerns regarding the stagnation of the country's credit rating despite positive financial indicators reported by the government over the past seven years.
Armenia's public debt as of March 31 is 5.3 trillion drams, an increase of 4.4% compared to December 31 last year, and 5.8% in dollar terms, said Finance Minister Vahe Hovhannisyan.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
Armenia’s Central Bank said it has auctioned today 500 million drams worth short-term (treasury) government bonds of AMGT13242142 issue maturing in 13 weeks
Aggregate assets of Armenia’s banking system rose from 1trln in 2008 to
2.7trln drams as of the end of September 2013, chairman of the Central Bank of Armenia Artur Javadyan
said at a reception on the 20th anniversary of Armenian Dram Friday
Armenian commercial banks purchased more than $97.4mln at a weighted average rate of 404.25 drams per $1 in intra-banking foreign exchange market on November 18 – 22, the press service of the Central Bank reported
The Central Bank of Armenia said nearly $18.9 million was traded at NASDAQ OMX Armenia stock exchange from November 18-22. It stood at $14.4 million from November 11-15, according to the report
Armenia’s Central Bank said it expects the 12-month inflation in 2013 to drop to 6.5-7 %. According to a regulator’s performance report for the third quarter of 2013, in the third quarter the 12-month inflation rose to 8.2 %, largely due to the impact of primary and secondary increases of energy prices in July
