In response to inquiries regarding the stability of Armenia's banking sector in the face of external challenges in the current geopolitical climate, Martin Galstyan, the head of the Central Bank of Armenia, has stated that the nation's banking system is currently operating without any issues related to risk management in the context of heightened tensions between Iran and Israel.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
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
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
Armenia plans to increase the state budget deficit to 2.8% of GDP in 2028, compared to 5.5% planned for 2025, said RA Finance Minister Vahe Hovhannisyan.
In 2025, the income tax refund will amount to 100 billion drams - approximately 95 billion drams, said Chairman of the State Revenue Committee of Armenia Eduard Hakobyan.
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
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.
In response to inquiries regarding the stability of Armenia's banking sector in the face of external challenges in the current geopolitical climate, Martin Galstyan, the head of the Central Bank of Armenia, has stated that the nation's banking system is currently operating without any issues related to risk management in the context of heightened tensions between Iran and Israel.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
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
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
Armenia plans to increase the state budget deficit to 2.8% of GDP in 2028, compared to 5.5% planned for 2025, said RA Finance Minister Vahe Hovhannisyan.
In 2025, the income tax refund will amount to 100 billion drams - approximately 95 billion drams, said Chairman of the State Revenue Committee of Armenia Eduard Hakobyan.
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
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 Stepan Gishyan charity foundation, run by ACBA-CREDIT AGRICOLE BANK, has announced today a grant competition, designed for legal entities, the press service of the ACBA-CREDIT AGRICOLE BANK reported
The ACBA-CREDIT AGRICOLE BANK and Proparco, a subsidiary of the French Development Agency, focused on private sector development, signed a loan agreement to the tune of $20 million that will be channeled into the development of small and medium-sized enterprises in Armenia's agricultural sector, the Bank said today in a press release
The ACBA-CREDIT AGRICOLE BANK has opened its 61st branch today in the town of Meghri in the southern province of Syunik. The new branch will provide the full range of the bank's services, ACBA-CREDIT AGRICOLE BANK said in a press release
The ACBA-CREDIT AGRICOLE BANK said today it has launched a new generation digital platform ACBA Digital that allows customers to use numerous banking services both on the Internet and through mobile applications
The European Bank for Reconstruction and Development (EBRD) said today it is providing a US$ 20 million loan to ACBA-CREDIT AGRICOLE BANK for on-lending to private companies in Armenia that have been affected by the economic impact of the coronavirus pandemic
ACBA-CREDIT AGRICOLE BANK has launched today a promotion campaign, called 'Join the Big Race', which it has designed to encourage non-cash transactions
ACBA-CREDIT AGRICOLE BANK, the exclusive issuer of American Express cards in Armenia, said today it will be issuing American Express Cashback cards in a new special design and on modified terms
ACBA-CREDIT AGRICOLE BANK has installed an online system of electronic signature of documents, expanding the capabilities of remote customer services, the press service of the bank said
The ACBA-CREDIT AGRICOLE BANK has announced a contest called #WearMasks #SaveLives #acbacares, saying in a press release that five selected winners will receive a laptop each as a gift
ACBA-CREDIT AGRICOLE BANK, in partnership with the Germany’s Nature and Biodiversity Conservation Union (NABU), assisted in the accomplishment of the Armenian brand of herbal teas Darman, the press service of the bank reports
Fitch Ratings has revised the Outlooks on ACBA-CREDIT AGRICOLE CJSC's (ACBA) and Ardshinbank CJSC's (Ardshin) Long-Term Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the IDRs at 'B+', according to the agency’s press release
