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  • Archive for September 27th, 2016

    Armenia central bank cuts key refinancing rate to 6.75 pct from 7.25 pct

    Tuesday, September 27th, 2016

    Armenia’s Central Bank said today it had decided to cut its refinancing rate to 6.75 percent from 7.25 percent

    ACBA-CREDIT AGRICOLE BANK to conduct next business training for representatives of SMEs on October 3-4

    Tuesday, September 27th, 2016

    ACBA-CREDIT AGRICOLE BANK said today it will conduct the next business training for representatives of SMEs on October 3-4. According to a Bank press release, free business trainings are designed for managers of small and medium Armenian businesses

    Daily says central bank seeks to devaluate dram in support of new prime minister

    Tuesday, September 27th, 2016

    Armenia’s Central Bank is making drastic changes in its monetary policy, which have coincided with change of prime minister and formation of a new government, the local daily ‘Haykakan Zhamanak’ (Armenian Time) says in its today’s issue

    Eurasian Development Bank’s investment package in Armenia $30 million in 2015

    Tuesday, September 27th, 2016

    The current package of the Eurasian Development Bank’s investments in Armenia made in accordance with three projects of lending for small and mid-scale businesses and mining industry amounted to $30 million in 2015