Private remittances sent to Armenia mainly by Armenian labor migrants via banks for non-commercial purposes slashed by 35.5 % in 2015 February when compared to 2014 February to $68.1 million
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Archive for March 31st, 2015
Private remittances to Armenia slash by 35.5 % in 2015 February
Tuesday, March 31st, 2015WB country manager for Armenia says proceeds from second issue of Eurobonds should be used to stimulate economy
Tuesday, March 31st, 2015Proceeds raised from the second issue of Eurobonds should be used to stimulate the economy, World Bank country manager for Armenia Laura Bailey said today
Eurasian Development Bank intends to implement new investment projects in Armenia
Tuesday, March 31st, 2015The Eurasian Development Bank is now making necessary preparations for lending $220 million to Armenia and Kyrgyzstan for implementation of four investment projects, Dmitry Pankin
Transformation of foreign currency loans into dram loans may pose threat to Armenia's banking sector - Chzmachyan
Tuesday, March 31st, 2015Samvel Chzmachyan, chairman of the Union of Banks of Armenia, finds it wrong to demand banks to convert the loans extended in foreign currencies into dram loans, especially by using administrative levers
World Bank to provide $52 mln to Armenia for power supply improvements
Tuesday, March 31st, 2015Executive directors of the World Bank approved today the $52 million loan for the Electricity Transmission Network Improvement Project (ETNIP) for Armenia, the WB website reports
