The Acba Bank has started issuing Visa Signature Limited Edition cards with the image of "Armenia. Panel" by Martiros Saryan, the bank's press service reported.
The Central Bank of Armenia, amid great uncertainty in the world and given its commitment to the right policy, was able to leave the refinancing rate unchanged in order not to fall into a time crunch during this period, but to take a pause to understand what is going on around and pursue a more reasonable policy in the future, the head of the regulator Martin Galstyan told a press conference on Tuesday.
The head of the Armenian Central Bank Martin Galstyan explained why banks do not lower lending rates in response to the reductions of the refinancing rate.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Deputy Prime Minister of Armenia Mher Grigoryan met with the Director General of the Central and West Asia Department of the Asian Development Bank (ADB), Yevgeny Zhukov.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
The Acba Bank has started issuing Visa Signature Limited Edition cards with the image of "Armenia. Panel" by Martiros Saryan, the bank's press service reported.
The Central Bank of Armenia, amid great uncertainty in the world and given its commitment to the right policy, was able to leave the refinancing rate unchanged in order not to fall into a time crunch during this period, but to take a pause to understand what is going on around and pursue a more reasonable policy in the future, the head of the regulator Martin Galstyan told a press conference on Tuesday.
The head of the Armenian Central Bank Martin Galstyan explained why banks do not lower lending rates in response to the reductions of the refinancing rate.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Deputy Prime Minister of Armenia Mher Grigoryan met with the Director General of the Central and West Asia Department of the Asian Development Bank (ADB), Yevgeny Zhukov.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
The head of Armenia's Ministry of Finance, Vahe Hovhannisyan, called the issuance of 10-year Eurobonds worth $750 million with a yield of 7.1% on March 5 "very successful."
On March 5, Armenia successfully placed Eurobonds totaling $750 million on the international capital market, with a yield of 7.1% and a maturity of 10 years, the press service of the Ministry of Finance reported.
The Deputy Minister of Economy of Armenia, Lilia Sirakanyan, held a meeting with representatives of investment companies, as reported by the press service of the Ministry of Economy of Armenia.
Armenian authorities are considering the possibility of assisting citizens in purchasing medicines within the framework of the medical insurance system, Armenian Prime Minister Nikol Pashinyan said, answering the questions of Armenian residents and representatives of the Diaspora online
Armenian lawyers are opposing a set of amendments to the laws "On Banking Secrecy" and "On Insurance and Insurance Activities" proposed by the State Revenue Committee (SRC).
More than 11 thousand hectares of agricultural lands in Armenia have already been insured against four types of losses due to adverse events, said Ira Panosyan, the head of Agricultural Programs Development Department at the Ministry of Economy
The Armenian government on Thursday approved a draft law on ratification of the Agreement on Establishment of Eurasian Reinsurance Company, signed on October 20, 2022 in Yerevan
Armenian farmers growing 13 types of crops: grapes, apricot, peach, plum, cherry, sweet cherry, watermelon, melon, apples, potato, as well as wheat and barley can insure their future crops against late spring frost, drought, hail and fire, the Ministry of Economy said on Monday
