As part of the Sevan Agritech Summit, held in partnership with Acba Bank, the ACBA Federation presented opportunities for developing, digitizing, and supporting innovative agriculture in Armenia.
For the first time in Armenia, the Velosolutions UCI Pump Track World Championships Qualifier will be held. The Velosolutions UCI Pump Track is organized by the Union Cycliste Internationale (UCI) and Velosolutions. The main sponsor of the event in Armenia is Unibank.
The Armenian government is expected to allocate 205 million drams to continue a program designed to stimulate the economic activity of individuals with bad loans in June and July of 2025.
One of the most anticipated events in the Armenian tech community, Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
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
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
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.
As part of the Sevan Agritech Summit, held in partnership with Acba Bank, the ACBA Federation presented opportunities for developing, digitizing, and supporting innovative agriculture in Armenia.
For the first time in Armenia, the Velosolutions UCI Pump Track World Championships Qualifier will be held. The Velosolutions UCI Pump Track is organized by the Union Cycliste Internationale (UCI) and Velosolutions. The main sponsor of the event in Armenia is Unibank.
The Armenian government is expected to allocate 205 million drams to continue a program designed to stimulate the economic activity of individuals with bad loans in June and July of 2025.
One of the most anticipated events in the Armenian tech community, Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
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
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
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.
Russia said on Monday it would initiate a process to scrap an agreement with Cyprus aimed at avoiding double taxation, the Russian Finance Ministry said on Monday, TASS reported
Cyprus has earmarked 340 million euros ($467.5 million) to help combat joblessness, which is expected to peak next year at over 19 percent in the bailed-out country, The Washington Post reported referring to AP
Write-offs to the uninsured portion of deposits in the Bank of Cyprus will be 47.5% - the funds will be converted into shares of the bank, said on Monday the deputy spokesman of the Government of Cyprus Victor Papadopoulos at a briefing in Nicosia, CypLive reported
Rating Agency Standard and Poor`s raised on Wednesday Cyprus` long-term foreign and local currency sovereign credit ratings to `CCC+` from `SD` (selective default) with a stable outlook, following the successful exchange of €1 billion government bond`s with longer maturities, RBC reported citing Reuters
Cyprus's first aid payment has been officially approved by the European Stability Mechanism, the unit responsible for providing funding for euro-area bailouts
Cypriot banks lost 1.8 billion euros ($2.4 billion) in deposits in March, when the country agreed to tax bank deposits as part of a European Union-led bailout
Cyprus Finance Ministry issued a decree that allows you to bring in the country are foreign financial institutions from the application of measures restricting banking, ypLive. Com reports
Cyprus's finance minister said on Wednesday he anticipated the island nation to sell part of its gold reserves "during the next months", but the final decision rested with the central bank, Reuters reported today
Ratings agency Standard & Poor’s has raised the long-term and short-term sovereign credit rating of Cyprus, previously affirmed at ‘CCC’ and ‘C’ respectively
Average annual interest rates on mortgage rose by 0.2 percentage points up to 12.2% in Armenia in February as compared to the month before, says the website of the central bank
