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Monthly Archives: February, 2020

Armenian government’s revenue in 2018-2019 rose by $1.06 billion

Armenian government's revenue in 2018-2019 rose by the equivalent of $1.06 billion, Prime Minister Nikol Pashinyan said during a government meeting on Thursday. He said in terms of Armenian drams the tax collection rate rise amounted to 505.4 billion drams or 43.6%

Armenia’s external forex reserves amount to ‘unprecedented’ $2.85 billion – Nikol Pashinyan

Armenia’s external forex reserves have amounted to the 'unprecedented' $2.85 billion, Prime Minister Nikol Pashinyan said at a government meeting on Thursday

Cooperation with IFC allows businesses to develop key principles properly – Armenian vice-premier

Armenian Vice Premier Mher Grigroyan received Tuesday a delegation headed by Georgina Baker, Regional Vice President of the International Finance Corporation (IFC)

Fintech 360 conference to be held in Yerevan with Unibank Armenia and Unistream Money Transfers’ support

Fintech 360 conference will take place on April 28-30 in Yerevan, Armenia, the press office of Unibank reported on Tuesday

Armenia’s dram was the only currency across EEU that did not depreciate against US dollar in 2019

Armenia's national currency, the dram, was the only currency across the Eurasian Economic Union (it also includes Russia, Belarus, Kazakhstan and Kingston) that did not depreciate against the US Dollar in 2019, according to a report on major socio-economic indicators of the Eurasian Economic Union (EEU) in 2019

Transfers to individuals in Armenia continue growing – daily

The volume of transfers addressed to individuals in Armenia continues to grow, the Zhogovurd reports

Amundi Acba Asset Management: six years in Armenia

Many people all over the world and especially across Europe choose the French company Amundi to effectively manage and increase their financial resources. Amundi

Some 251.8 billion drams or 523 million us dollars invested in fixed assets in Armenia in 9 months of 2019

In the first nine months of 2019, some 251.8 billion drams (the equivalent of $523 million) were invested in the fixed assets in Armenia, which in constant prices was 4.4% higher than the same indicator of 2018, according to the report on the main socio-economic indicators of the Eurasian Economic Union (EEU) for January-December 2019

IDBank’s 5 million USD bonds are listed on the Armenian Securities Exchange

The bell of the Armenian Securities Exchange announced the listing of IDBank’s dollar bonds of 2nd issue of 2019, the bank said today in a press release

Hobby that has developed into big business ‘Matevosyan Wine’ (VIDEO)

Eighteen years ago, Vahram Matevosyan from Vayots Dzor province's village of Aghavnadzor, along with his family, started producing wine - Matevosyan Wine

Around AMD 35 million stolen from ATMs by a group of Yerevan residents

The Investigative Committee of Armenia reported today about the completion of the investigation that has been launched in August 2018 into the theft of money from an ATM in Yerevan's Kievyan Street

Armenian motorists can use ASWA app to register traffic accidents online

Armenia's Bureau of Car Insurers said physical damage caused to a car or cars in a traffic accident that does not exceed 100 thousand drams