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Daily Archives: Jan 10, 2023

VTB (Armenia) clients increased the number of money transfers to Russia by more than 1.5 times

Banks
VTB (Armenia) clients remitted more than AMD 16 bln to Russia over the first 11 months of 2022, making more than 50,000 transactions, the bank said today in a press release

Coupon bonds worth amd 3,580 mln were placed in Armenia

Banks
Long-term government coupon bonds worth AMD 3 billion 580 million maturing on October 29, 2033 were placed on Tuesday, the Armenian Ministry of Finance reported

Armenia projects 7% growth for 2023- Prime Minister

Economy
Armenian Prime Minister Nikol Pashinyan said today the country's economy is expected to grow 7% in 2023

Armenia’s annual inflation rate in 2022 grew to 8.3%

Economy
Armenia's annual inflation rate grew to 8.3% in late December 2022, the National Statistical Committee (NSC) said today

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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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