Fri, 31 January
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Tag: Artsakh

Artsakh authorities to show support to borrowers

Banks admin -
The authorities in Artsakh (Nagorno-Karabakh) will provide state support to borrowers, Artsakh Finance Minister Grigory Martirosyan said during a meeting at the Union of Banks of Armenia. The meeting was attended by representatives of Armenian banks which provided loans to Artsakh residents and companies

Statement on Artsakh war can open Turkey’s ports and Azerbaijan’s market for Armenia

Economy admin -
Vahan Kerobyan, newly appointed minister of economy of Armenia, who is founder of Menu Group food delivery service, outlined the opportunities that the domestic economy will receive as a result of unblocking transport communications in the region, according to a statement on Artsakh dated November 9

Pashinyan, Haroutunyan point out necessity of bolstering Artsakh’s banking system

Banks admin -
Armenian Prime Minister Nikol Pashinyan and President of Artsakh Arayik Haroutunyan met today in Stepanakert with representatives of Armenia’s and Artsakh’s banking systems, the press office of the Armenian government reports

Artsakh president and Armenian central bank chairman discuss cooperation

Banks admin -
Artsakh President Bako Sahakyan received on March 3 the Chairman of the Central Bank of Armenia Artur Javadyan, Sahakyan's press office reported

Artsakh’s brand to be chosen with support of Artsakhbank

Banks admin -
Artsakh’s brand will be chosen with the support of Artsakhbank during the Yerevan International Communications Biennale, the bank’s press office reported on Friday

NASDAQ OMX Armenia lists first issue of Artsakh hek bonds

Capital market admin -
NASDAQ OMX Armenia listed the first issue of ARTSAKH HEK ojsc corporate bonds on February 15, 2013.

Artsakh hydropower plant IPO success

Capital market admin -
Director General of NASDAQ OMX Armenia stock exchange, Armen Melikian, described the first IPO of Artsakh hydropower plant as successful.

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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