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  • Archive for July, 2019

    Government wants to introduce mortgage vacation for borrowers

    Wednesday, July 31st, 2019

    An Armenian-government drafted bill calls for the introduction of “mortgage vacation.” The bill is available on the e-draft.am electronic platform. The bill says that borrowers who appear in a “difficult life situation” are given the opportunity to take one-time mortgage vacation

    Private remittances sent to Armenia via banks in May 2019 grew to $168.9 million,

    Wednesday, July 31st, 2019

    The amount of private remittances sent to Armenia via banks in May 2019 totaled $168.9 million, an increase of $29.2 million, or 20.9% as opposed to the same month in 2018, the Central Bank of Armenia said today. It said in May alone the amount of remittances increased by 16.9% from the previous month

    Armenia's central bank leaves refinancing rate unchanged at 5.75%

    Wednesday, July 31st, 2019

    Armenia’s Central Bank decided today to leave the refinancing rate unchanged at 5.75%

    VTB Bank (Armenia) ATM blown up and money stolen

    Tuesday, July 30th, 2019

    Armenia’s Investigation Committee said today that 18 million drams were stolen from a VTB Bank (Armenia) ATM. It said the ATM had been blown up in the early hours on July 28 by a person or persons

    Armenian dram among strongest national currencies in former Soviet Union’s space

    Monday, July 29th, 2019

    The Armenian dram is among the four strongest national currencies of former Soviet republics that rose against the US dollar over a period between July 18 and 25, vestifinance.ru reports referring to Alpari Research and Analysis Center. The other six currencies shed against the dollar

    Armenian vice-premier discusses with EBRD delegation country’s development strategy for 2019-2024

    Monday, July 29th, 2019

    Armenian Vice-premier Tigran Avinyan received Wednesday a EBRD delegation headed by Dmitry Gvintadze, the head of the Armenian office, the press office of the Armenian government reports

    Armenian economy minister discusses with World Bank representatives trade development prospects

    Thursday, July 25th, 2019

    Armenian Economy Minister Tigran Khachatryan met with representatives of the World Bank’s Trade Promotion and Quality Infrastructure program on Tuesday and discussed with them the criteria and studies arranged yet with the previous mission

    Forgery of AMD 10-thousand ($21) banknotes disclosed by Armenian National Security Service

    Thursday, July 25th, 2019

    The National Security Service of Armenia has disclosed a case of forgery of AMD 10-thousand ($21) banknotes, the press office of the Service reported on Tuesday

    Cases opened in Armenia against insurance companies dodging taxes

    Tuesday, July 23rd, 2019

    The State Revenue Committee of Armenia has opened criminal cases against a number of insurance companies over tax, duties and other mandatory payments evasion by providing false data, the press office of the Committee reports

    Novosti-Armenia News Agency launches new special project - Food&Wine

    Thursday, July 18th, 2019

    Novosti-Armenia International News Agency has launched a new special project – Food&Wine, where the latest, exciting and useful information about gastronomic specialties, original and favorite dishes will be released