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Monthly Archives: February, 2023

Fitch Ratings revises Outlook on Yerevan’s Long-Term Foreign- and Local-Currency Issuer Default Ratings to Positive from Stable and affirms IDRs at ‘B+’.

Fitch Ratings has revised the Outlook on the City of Yerevan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to Positive from Stable and affirmed the IDRs at 'B+

Standard and Poor’s affirms Armenia’s ‘B+’ long-term and ‘B’ short-term sovereign credit ratings

The S&P Global Ratings agency has revised its outlook on the long-term sovereign credit rating on Armenia to positive from stable. Simultaneously, it has affirmed the 'B+' long-term and 'B' short-term sovereign credit ratings on the sovereign

Entering digital world: PIXEL IT school (VIDEO)

Diana Hakobyan is the founder of PIXEL IT School, where students are taught design, marketing, programming, languages and creative thinking

Dreams can be realized even in a small village

A girl who dreams and makes dreams come true. Armine Aghajanyan, a Turkologist by profession, has been creating handmade works for 13 years in Yeghegnadzor, in the "Mosh" studio she founded

Armenian pensioners’ non-cash payments exceed 12 billion drams

Since July 1, 2022,  senior citizens in Armenia used their pension cards to make more than 12 billion drams worth noncash transactions  and were refunded 1 billion 29 million drams under a government-designed  cash-back scheme, Labor and Social Affairs Minister Narek Mkrtchyan said at a government meeting Thursday

ADB’s current credit portfolio in Armenia stands at $647.5 million, while total investment at  $1.74 billion. – EXCLUSIVE

Asian Development Bank's (ADB) senior economist Grigor Gyurjyan and project analyst Anna Sargsyan spoke in an exclusive interview with ARKA news agency about the ADB's investments in Armenia, areas of cooperation and future partnership

Yerevan Metro aims to deepen cooperation with EIB and EBRD

The Acting CEO of Yerevan Metro (subway) Babken Sedrakyan had a meeting with representatives of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to discuss the expansion of the subway drainage tunnel within the framework of the 2nd stage of the subway rehabilitation project, the press service of the subway said

Pashinyan and EIB president discussed possibilities of implementing new projects

Armenian Prime Minister Nikol Pashinyan had a meeting with the President of the European Investment Bank Werner Hoyer in Munich on February 18, the Armenian government said

HSBC Armenia named as “Market Leader” and “Best Bank for Service” by Euromoney Trade Finance Survey 2023

HSBC Bank Armenia CJSC (hereinafter HSBC Armenia/Bank) has been awarded two recognitions by the reputable “Euromoney” publication

Unibank collaborates with “Matena” International Business School 

Unibank and “Matena” International Business School for Leadership and Professional Development have become partners

Remittances via SBP to Armenia and a number of other countries are now available to Russians

Russians citizens are now able to make money transfers  through the rapid payment system (SBP) to Armenia and a number of other neighboring countries

Renaissance Capital experts expect Armenia’s inflation to return to target figures by end of 2023

Inflation in Armenia may approach the target level by the end of 2023, Renaissance Capital's senior economist for Russia and CIS+ Andrei Melashenko says in a report on regional economies