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Daily Archives: Jun 17, 2019

Private money transfers to Armenia in April 2019 amounted to $144.3 million

Private money transfers sent to Armenia through the banks in April 2019 amounted to $144.3 million, an increase of $18.9 million, or 15% when compared with April 2018, according to the figures, released by the Central Bank of Armenia

ACBA Leasing organized and conducted master class on energy efficiency

The ACBA Leasing credit organization organized and conducted a master class designed to help develop energy efficiency. The master class is part of E-FIX project, which in turn is part of a larger European Union’s Horizon 2020 program

Average interest rate on deposits in drams with maturity period of 12 months is 8.85%

According to a study by ARKA news agency, the highest interest rate on individual time deposits in Armenian drams is 10% per annum, offered by Armbusinessbank. The maturity period of the deposit is 271-365 days

FDI flows to CIS and Georgia contracted in 2018 by 36 per cent to $27 billion, UNCTAD report says

Global foreign direct investment (FDI) flows slid by 13% in 2018, to US$1.3 trillion from $1.5 trillion the previous year – the third consecutive annual decline, according to UNCTAD’s World Investment Report 2019