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Economy
14:47 14/01/2025Ameriabank raises $200 million from IFC, marking largest transaction by IFC ever with a financial institution in ArmeniaAmeriabank has signed a $200 million long-term loan agreement with the International Finance Corporation (IFC) to support climate finance initiatives, micro, small, and medium enterprises (MSMEs),...
14:27 13/01/2025Armenia has no plans to quit EAEU, minister saysMinister of Economy Gevorg Papoyan claims that Armenia has no intention to leave the Eurasian Economic Union (EAEU).
15:36 10/01/2025Pashinyan 'unaware' of developments in Armenia, ex-advisor saysPrime Minister Nikol Pashinyan on Thursday claimed that the number of air passengers arriving in Armenia increased by 20% between January 1 and January 6 compared to the same period in 2024.
16:30 04/01/2025Armenia among Russia's top 10 trade partnersThe Federal Customs Service (FCS) has revealed Russia's top trade partners from January to October 2024, RBC reports.
12:45 26/12/2024Pashinyan plans to join EAEU summit via video linkArmenian Prime Minister Nikol Pashinyan, who has tested positive for Covid-19, plans to participate in the Eurasian Economic Union (EAEU) summit via video conference, TASS reported.
13:05 25/12/2024Finance minister: Armenia's public debt expected to reach 50% of GDP in 2024Armenia’s public debt is expected to amount to approximately 50% of GDP by the end of 2024, with an economic growth rate of 5.5%.
12:42 24/12/2024Income-earning jobs amounted to 782,832 in Armenia in NovemberAccording to the income tax and social payment declarations submitted by taxpayers for November 2024, the number of income-generating jobs reached 782,832 in Armenia.
14:03 18/12/2024IMF forecasts slower economic growth in ArmeniaThe Executive Board of the International Monetary Fund (IMF) completed the fourth review under the Stand-By Arrangement (SBA) with Armenia.
17:11 17/12/2024Converse Bank deputy CEO elected to BACEE BoardConverse Bank is pleased to announce that Grant Akopian, its Deputy CEO and CFO, has been elected to the Board of Directors of the Banking Association for Central and Eastern Europe (BACEE).
16:36 17/12/2024Fairer taxes and more efficient spending in education to boost Armenia's growth, new WB report saysA new World Bank report released today finds that making taxes fairer and investing in education quality and learning outcomes can help Armenia reach its revenue, education, and sustainable growth...
16:35 16/12/2024Converse Bank included in the list of Confirming Banks of the EBRD TFPConverse Bank has made a significant stride in the realm of trade finance by becoming a confirming bank under the EBRD TFP.
14:36 13/12/2024Acba bank to allocate $50 million for MSME developmentAs a result of a new collaboration between Acba bank and the International Finance Corporation (IFC), Acba bank will allocate $50 million to finance and develop micro, small, and medium enterprises...
11:28 13/12/2024Open Doors' Days at ARARAT MuseumTraditional event of “Open Doors’ Days” at ARARAT Museum this year will be held on December 14 and 15.
11:22 13/12/2024Team Group of Companies acquires controlling stake in Irish operator ImagineThe Team Group of Companies announces the acquisition of a controlling stake in Imagine Broadband, one of Ireland's telecommunications operators.
18:05 12/12/2024Team Telecom Armenia presents Sustainability-Linked Bonds to prospective investors at an official eventTeam Telecom Armenia has announced the issuance of Sustainability-Linked Bonds at a special investor event, reaffirming its commitment to reducing the environmental impact of its operations.
14:30 12/12/2024Elon Musk's net worth tops $400 billionElon Musk, whose wealth has been turbocharged since president-elect Donald Trump’s win last month, became the first person to reach US$400 billion in net worth, the latest milestone for the world’s...
17:10 11/12/2024Converse Bank and IFC join forces to support growth of SMEs in ArmeniaConverse Bank and the International Finance Corporation (IFC) are collaborating to enhance access to finance for small and medium-sized enterprises in Armenia.
16:45 11/12/2024Ameriabank presents EventHub.am: a streamlined and user-friendly ticketing solutionThe EventHub.am platform developed by Dinno, a subsidiary of Ameriabank, is broadening its offerings, now also presenting a simpler and more convenient solution for purchasing event tickets.
16:36 10/12/2024CBA reports slowing economic growth amid declining external demandAt its meeting on Tuesday, the Board of the Central Bank of Armenia (CBA) decided to decrease the key policy rate (refinancing rate) by 0.25 percentage points, setting it at 7 percent.
12:32 10/12/2024Armenia's Central Bank lowers refinancing rate by 0.25 ppAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.25 percentage points, setting it at 7%.