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Tag: Minister

Armenian minister uses electronic site to buy government bonds

Capital market
Armenian finance minister Vardan Aramyan was the first today to purchase government treasury bonds worth 50,000 drams (less than $ 100) in the presence of journalists by using the new online gp.minfin.am platform

Minister expects more than 3 percent growth in 2016

Economy
For 2016 we project to have a more than 3% economic growth, economy minister Artsvik Minasyan said today

Russia’s double-digit inflation to stay through 2015 – minister

Economy
Russia's 2015 inflation is likely to be at the same level as last year, Economic Development Minister Alexei Ulyukayev said on Wednesday. Consumer prices rose 11.4 percent in annual terms in December

WB invested about $2 billion in Armenia’s economy in more than 20 years – minister

Banks
YEREVAN, October 16. /ARKA/. World Bank’s investments in the Armenian economy in more than 20 years totaled about $2...

Armenian finance minister: citizens’ confidence in new pension system to emerge within one year and six months

Economy
itizens’ confidence in the new pension system will emerge no later than in one year and six months, Armenian Finance Minister David Sargsyan told journalists on Friday in Tsakhkadzor

Reduced government bond yield to change bank rate in Armenia – Minister

Capital market
Reduced yield on government bonds will lead to changes in Armenia’s bank rates, Armenia’s minister of finance David Sargsyan told a press conference Wednesday

Armenian euro bond yield down to 5.8% – Minister

Capital market
Yield of Armenian euro bonds has been declining since September 2013 and is 5.85-5.8% now, as compared to 6.25% in September, Armenia’s minister of finance David Sargsyan told a press conference Wednesday

Minister: no decision for selling precious metals from state depository

Economy
On Wednesday, Armenian Finance Minister David Sargsyan, denying media reports that the government is selling precious metals and stones from the State Depository for Precious Metals

About 10bln drams paid in Armenia in compensation for deposits in USSR Sberbank – Minister

Economy
The program of compensations for frozen deposits in USSR Sberbank for 2005-2013 has been completed and a total of about 10 billion drams was paid to registered citizens in the period

Mandatory health insurance to be introduced in Armenia in 2015

Insurance
Armenia’s ministry of health will submit the bill on transfer to mandatory medical insurance as from 2015 for government’s consideration by the end of this year, the deputy minister of health Derenik Dumanyan said at the budget hearings in the parliament Friday

Order books on the Republic of Armenia’s new seven-year bond have exceeded USD3BN: Minister

Capital market
Order books on the Republic of Armenia's new seven-year bond have exceeded USD3bn, finance minister David Sarkisain said today

Chairman of Anelik Bank’s board awarded Armenian Emergency Ministry’s medal for preventing emergency situations

Banks
Samvel Chzmachyan, chairman of Anelik Bank’s board has been awarded Armenian Emergency Ministry’s medal for preventing emergency situations in 2012

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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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