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Daily Archives: Jun 9, 2021

Armenia’s 12-month inflation in May 2021 amount to 5.9%

Banks
Armenia's consumer prices were 5.9% up in May 2021 compared to May 2020, and 0.4% down compared to April 2021, according to the numbers, released today by the National Statistical Committee (NSC)

Vtb bank (Armenia) and Megna offer unprecedented loan terms for purchase of Renault cars

Banks
VTB Bank (Armenia) and MEGNA LLC offer customers to purchase Renault cars under unprecedented favorable credit terms

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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