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Tag: assistance

The UK to provide assistance to Business Support Office in Armenia

Banks
The UK Government’s Good Governance Fund (GGF) will be supporting the operation of the EBRD backed Business Support Office (BSO) in Armenia. The GGF will also help the BSO to take forward a series of targeted activities to address the economic impact of Covid-19 on SMEs in Armenia

VTB Bank (Armenia) shows assistance to armwrestling champion

Banks
In addition to showing financial support to companies and individuals, VTB Bank (Armenia) provides also financial assistance for sports and healthy lifestyle through active involvement in sporting events and organization of various intercorporate competitions and tournaments

Asian Development Bank to provide $500 million assistance to Armenia in next five years

Economy
The Asian Development Bank (ADB) has approved a new country partnership strategy with Armenia which includes targeted support for infrastructure, urban development, and energy to underpin more resilient, inclusive and sustainable growth

China to provide Armenia with $2 million humanitarian assistance

Economy
China will provide Armenia with a 40 million Yuan ($2 million) humanitarian assistance, a deputy Armenian foreign affairs minister, Shavarsh Kocharian.

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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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