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Tag: AGRICULTURE SECTOR

KfW to distribute 15 mln euros to finance agricultural sector in Armenia

Economy
KfW German bank will allocate 15 million-euro loan to Armenia

Loans to agriculture sector make up about 70% of Aregak universal credit organization’s portfolio

Interviews
Exclusive interview of Aregak UCO Executive Director Mariam Yesayan with ARKA News Agency

Central Bank: Lending to Armenia’s agriculture sector total AMD 52 billion now

Banks
The loans extended to Armenia’s agriculture sector total AMD 52 billion now, Arthur Stepanyan, chief of the central bank’s division in charge of monetary policy, said Saturday at a news conference.

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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