Mher Abrahamyan elected head of Union of Banks of Armenia

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

In an interview with CivilNet, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, listed five factors influencing inflation in the country.