Fri, 20 February
-0.9 C
Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

YEREVAN, April 24. /ARKA/. Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

During the meeting held the day before, the programs implemented within the framework of cooperation with international donor organizations were touched upon, the press service of the Ministry reported.

The Deputy Minister emphasized that the state considers it a priority to introduce mechanisms that facilitate the creation and development of innovative and export-oriented small and medium businesses.

In this context, the participants in the discussion touched upon issues related to increasing the availability of financial instruments for SMEs, the creditworthiness of SMEs and the growth of their potential.

Following the meeting, an agreement was reached to continue discussions and deepen cooperation.

spot_img

POPULAR

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

LATEST NEWS

spot_imgspot_imgspot_img