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.
Armenia's Investigative Committee, together with the Central Bank, are set to develop a string of tools and mechanisms that will help prevent fraudsters from stealing citizens' money, the head of the Investigative Committee Artur Poghosyan said today in parliament.
The volume of loans issued to small businesses under the New Partner program in the first quarter of 2025 exceeded 160 million drams. This is almost 2.5 times more than in the same period last year.
Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”
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.
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.
Armenia's Investigative Committee, together with the Central Bank, are set to develop a string of tools and mechanisms that will help prevent fraudsters from stealing citizens' money, the head of the Investigative Committee Artur Poghosyan said today in parliament.
The volume of loans issued to small businesses under the New Partner program in the first quarter of 2025 exceeded 160 million drams. This is almost 2.5 times more than in the same period last year.
Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”
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.
Armenian Finance Minister Vahe Hovhannisyan discussed today the 5th revision of the Stand-By Arrangement (SBA) at a meeting with IMF Armenian mission chief Iva Petrova.
The Executive Board of the International Monetary Fund (IMF) concluded last Friday the 2021 Article IV consultation and completed the fourth and fifth reviews of Armenia’s performance under its economic program supported by the SBA
An International Monetary Fund (IMF) team, led by Nathan Porter, conducted discussions during October 19-November 12, 2021 for the 2021 Article IV consultation, as well as the combined fourth and fifth reviews of Armenia’s economic program, which is supported by an IMF Stand-By Arrangement (SBA), the IMF Office in Armenia said
“Armenia's monetary policy has rightly been accommodative, supporting the economy and keeping the banking sector liquid. Inflation remains low, with the exchange rate relatively stable over much of this year,' Tao Zhang, Deputy Managing Director and Acting Chair, said after the IMF Executive Board completed the third review of Armenia’s performance under the program supported by the Stand-By Arrangement (SBA)
An IMF team reached staff level agreement with the Armenian authorities for the completion of the third review under the program supported by an IMF Stand-By arrangement, IMF said in a press release
An emergency session of the Armenian parliament discussed today ratification of an agreement with the IMF regarding the use of the $280 million loan, allocated to Armenia in May 2019, and attraction of an additional loan in the amount of $35 million. The money is to help Armenia fight the coronavirus outbreak and mitigate its economic consequences
The International Monetary Fund (IMF) said last week that around $280 million will be available in financial assistance for Armenia immediately after its Board meeting, Deputy Economy Minister Avag Avanesyan told a news conference today
An International Monetary Fund (IMF) team led by Nathan Porter conducted discussions on the second review of Armenia’s reform program supported by the IMF Stand-By Arrangement (SBA) during March 12-April 8, 2020. At the conclusion of the mission, Mr. Porter issued the following statement:
On December 20, 2019, the Executive Board of the International Monetary Fund (IMF) completed the first review under of the Republic of Armenia’s performance under the program supported by the Stand-By Arrangement (SBA), Armenia's Central Bank said
An Armenian delegation made up of Armenian Vice Premier Mher Grigoryan, Central Bank Chairman Arthur Javadyan, Chief of the Central Bank's Financial System Development Division Andranik Grigoryan and Head of Dilijan Education and Research Center Armen Nurbekyan, has had a number of meetings in Washington on the sidelines of the annual session of the governing boards of the World Bank (WB) and International Monetary Fund (IMF)
