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Economy
17:09 17/05/2021Ukraine, Georgia and Moldova establish Associated TrioMinister of Foreign Affairs of Ukraine Dmytro Kuleba, Minister of Foreign Affairs of Georgia David Zalkaliani, and Minister of Foreign Affairs of Moldova Aureliu Ciocoi signed a memorandum on the...
19:35 14/05/2021Sabine Gaber talks about the long-lasting and successful partnership with AmeriabankMs. Sabine Gaber, member of the Executive Board at OeEB (Development Bank of Austria), talks about OeEB’s mission, actions taken in response to the economic impact of the pandemic in the developing...
21:13 12/05/2021Converse Bank launched an online platform for SME financingOn May 11, Converse Bank's SME Financing Center hosted a presentation of its online platform for lending to small and medium-sized enterprises, the Bank informed in a press statement.
11:46 10/05/2021US government declares emergency after fuel pipeline cyber-attackThe US government declared a regional emergency Sunday as the largest fuel pipeline system in the United States remained largely shut down, two days after a major ransomware attack was detected, AFP...
18:00 08/05/2021Prices of essential goods increase in ArmeniaThe prices for food and non-alcoholic beverage prose 8.3% in April 2021 to compare with April last year and by 2.6% against March of the ongoing year, according to the latest figures unveiled by the...
16:41 08/05/2021Armenia’s consumer market sees 6.2% inflation in 12 monthsIn April 2021, 6.2% inflation was registered in Armenia’s consumer market to compare with April of the past year, while 1.3% inflation is recorded against March of the ongoing year.
17:52 07/05/2021Safe online shopping. A few tips from Converse BankConverse Bank has shared several tips for safe online shopping. According to the publication by the Bank, every day, two percent of internet shoppers in the world fall victim to fraud. The figure is...
12:28 07/05/2021Huib-Jan de Ruijter: Armenia is a country where we find the right partnersMr. Huib-Jan de Ruijter, FMO’s interim Chief Investment Officer, talks about economic hardships in the times of pandemic, the ways to overcome those, as well as the banking sector in Armenia and the...
12:35 04/05/2021Central Bank of Armenia raises refinancing rate by 0.5 percentage pointAt its meeting on Tuesday May 4, the Board of the Central Bank of Armenia decided to raise the refinancing rate by 0.5 percentage point to 6.0%, the Bank said in a statement.
20:35 03/05/2021Russia sees risk of disconnection from SWIFT as hypothetical for now - Foreign MinistryRussia is already in the process of minimizing any potential damage in the case of being disconnected from international financial instruments, but still regards the risk it may be denied access to...
18:06 03/05/2021Converse Bank: Summarizing the results of the campaign dedicated to Women's HolidaysConverse Bank has summarized the results of the campaign dedicated to Women's Holidays. The bank offered its female customers an opportunity to make non-cash purchases with Woman's Card payment cards...
18:07 28/04/2021The opening of the Turkish border at present may harm Armenian farmers - Robert KocharyanArmenia's ex-president Robert Kocharyan believes the opening of the border with Turkey at present poses risks to the Armenian agricultural sector, and specifically for farmers of Ararat valley.
15:34 28/04/2021European parliament votes through Brexit deal with big majorityThe European parliament has given its overwhelming backing to the Brexit trade and security deal, prompting senior figures on both sides to speak of hope for a “new chapter” of friendly relations...
13:40 27/04/2021Robert Kocharyan: There is possibility to restrain the inflation"We have the opportunity to restrain the inflation and it is possible to do so within a short period of time - in one moth," Armenia's former President Robert Kocharyan stated on Monday during the...
11:33 27/04/2021Turkey announces "full lockdown" to curb COVID spreadTurks will be required to stay mostly at home under a nationwide "full lockdown" starting on Thursday and lasting until May 17 to curb a surge in coronavirus infections and deaths, President Tayyip...
19:23 23/04/2021EBRD will support Armenia Securities Exchange to develop the strategy of Armenia’s capital marketWithin EBRD’s continuous commitment and support to the development of capital markets of Armenia, and considering the recent developments, EBRD has confirmed a new technical assistance program to...
15:43 22/04/2021Philip Lynch: Success is in things that can be controlledWatch the second part of the interview with Philip Lynch, Independent Board Member at Ameriabank. Topics covered: development trends of the Armenian economy, success formula of Ameriabank, in...
14:00 22/04/2021IMF expects Armenia's economy to grow by 1% in 2021Armenia’s economy is set to start recovering in 2021 from the impact of the COVID-19 pandemic and the military hostilities in late 2020, the International Monetary Fund (IMF) said in a statement,...
19:01 21/04/2021Gurgen Khachatryan. Despite the difficulties, we managed to overcome the crisis at UcomCo-founder of Galaxy Group of Companies and Chairman of the Board of Directors of Ucom, Gurgen Khachatryan, has released a statement today, which reads, “Around this time a year ago, active attempts...
15:12 17/04/2021Employees of Sotk gold mine block the road and railway leading to the mine - Taguhi TovmasyanIndependent lawmaker Taguhi Tovmasyan reports that dozens of employees of Sotk gold mine have blocked the roadway and the railway leading to the mine, demanding the payment of their full salaries.