Armenia’s central bank cuts refinancing rate by 0.5 percent to 9.75%

The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund.

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.

Armenia is demonstrating significant progress and growing readiness to use more complex financial instruments, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.

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.

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.