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Daily Archives: Jan 31, 2022

Armenia’s Car Insurers’ Bureau raises insurance premiums

Insurance
Armenia’s Car Insurers’ Bureau said today it will raise the cost of mandatory insurance of vehicles against physical damage caused to other cars and individuals starting from February 7, 2022 as well revise the bonus malus system, saying the latter change will come into force on March 1

Acba Bank’s shares worth 7.5 billion drams to be listed on Armenian Securities Exchange (VIDEO)

Banks
In 2021 the Acba Bank conducted a public offering by issuing  500 thousand shares worth a total of AMD 7.5 bln, the bank's press service said today following a review of the bank’s performance last  year

To avoid repeated mistakes: the documentary The Will to Get Back on Your Feet Again is one-of-a-kind textbook

Banks
The documentary The Will to Get Back on Your Feet Again was made to avoid repeated mistakes and recall the ways to stand up and move forward

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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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