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Daily Archives: Feb 5, 2024

Unibank issues AMD and USD bonds with yields of 11% and 5% respectively

Exchange market
Unibank has issued AMD and USD bonds with high coupon yields of 11% and 5% respectively, the bank’s press service said in a press release today

Private remittances sent to Armenia from abroad in 2023 amounted to about $5.7 bln.

Economy
Private cross-border remittances sent to Armenia through banks in 2023 amounted to about $5.7 billion, up from about $5.2 billion sent in 2022, the Central Bank reported

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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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