he European Bank for Reconstruction and Development's (EBRD) investments in Armenia in 2024 hit the record 400 million euros, Armenian Finance Minister Vahe Hovhannisyan said at a meeting with EBRD President Odile Renaud-Basso in London.
Three Armenian banks - IDBank, Inecobank and Ardshinbank - have decided to postpone repayment of clients' liabilities for a period of 3 to 5 years as part of the search for interim solutions for clients affected by possible fraud, the press service of the Central Bank of Armenia reported.
VTB has announced the launch of a new project designed to attract patients from CIS countries and other friendly states for medical treatment in Russia, the press service of VTB (Armenia) reported.
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
YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.
Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”
In the consumer market of Armenia, 12-month inflation in April of this year amounted to 3.2%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia’s Finance Minister, Vahe Hovhannisyan, addressed concerns regarding the stagnation of the country's credit rating despite positive financial indicators reported by the government over the past seven years.
Armenia's public debt as of March 31 is 5.3 trillion drams, an increase of 4.4% compared to December 31 last year, and 5.8% in dollar terms, said Finance Minister Vahe Hovhannisyan.
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.
he European Bank for Reconstruction and Development's (EBRD) investments in Armenia in 2024 hit the record 400 million euros, Armenian Finance Minister Vahe Hovhannisyan said at a meeting with EBRD President Odile Renaud-Basso in London.
Three Armenian banks - IDBank, Inecobank and Ardshinbank - have decided to postpone repayment of clients' liabilities for a period of 3 to 5 years as part of the search for interim solutions for clients affected by possible fraud, the press service of the Central Bank of Armenia reported.
VTB has announced the launch of a new project designed to attract patients from CIS countries and other friendly states for medical treatment in Russia, the press service of VTB (Armenia) reported.
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
YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.
Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”
In the consumer market of Armenia, 12-month inflation in April of this year amounted to 3.2%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia’s Finance Minister, Vahe Hovhannisyan, addressed concerns regarding the stagnation of the country's credit rating despite positive financial indicators reported by the government over the past seven years.
Armenia's public debt as of March 31 is 5.3 trillion drams, an increase of 4.4% compared to December 31 last year, and 5.8% in dollar terms, said Finance Minister Vahe Hovhannisyan.
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.
Armenia regards the Eurasian Fund for Stabilization and Development (EFSD) as a key partner, despite a small portfolio of joint projects, Armenian Deputy Prime Minister Tigran Avinyan said on Friday at a videoconference with representatives of the Eurasian Development Bank (EDB), convened to evaluate the efficiency of the EFSD-funded projects in Armenia
Armenia's investment climate, according to the latest Doing Business 2019 report, is satisfactory, said Andrey Shirokov, the Executive Director of the Project Unit at the Eurasian Fund for Stabilization and Development (EFSD)
Transport integration along the North-South axis is an extremely important direction, and Armenia is interested in it, Andrei Shirokov, the executive director of the Project Unit at the Eurasian Fund for Stabilization and Development (EFSD), said in an exclusive interview with ARKA news agency
The Eurasian Fund for Stabilization and Development (EFSD), run by the Eurasian Development Bank, approved the release of the third tranche of a financial loan to Armenia in the amount of $ 100 million
Armenia's economic prospects for the next few years are positive, Alexey Cherekaev, a project group director at the Eurasian Fund for Stabilization and Development (EFSD), said in an interview with ARKA news agency
The Eurasian Fund for Stabilization and Development (EFSD) has provided $490 million to finance a string of infrastructure projects in Armenia, Alexey Cherekaev, an EFSD project group director, said in an interview with ARKA news agency
The Council of the Eurasian Fund for Stabilisation and Development (the EFSD, the Fund) has approved disbursement of the second tranche of the EFSD financial credit of US$ 100 million to the Republic of Armenia
The Eurasian Fund for Stabilization and Development (EFSD) Board is very likely to take a decision next week on Armenia's request for a $300 million loan, Dmitry Pankin, chairman of the Management Board of the Eurasian Development Bank, told Tass
The Eurasian Fund for Stabilization and Development Board has ruled to provide Armenia with a $40 million investment loan too finance a project designed to modernize irrigation systems
