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  • Archive for September 11th, 2019

    Fraudsters stole 20 million drams from credit organization in Yerevan

    Wednesday, September 11th, 2019

    YEREVAN, September 11. /ARKA/. Fraudsters stole 20 million drams from a credit organization in Yerevan. the Armenian police said. According to the police, a group of people received from the organization about 20 million drams placing as collateral vehicles registered in the names of other persons (not owners). The police said that the cars were […]

    EDB: Armenian economy speeds up growth

    Wednesday, September 11th, 2019

    YEREVAN, September 11. /ARKA/. Armenia’s economic activity index increased by 8.1% in July 2019 as opposed to the same month of 2018. Compared with June 2019, the figure upped by 3.4%, the Eurasian Development Bank (EDB) said. Konstantin Fedorov, head of an EDB unit, in charge of economic analyses, said the growth could have been […]

    Armenia's debt shrinks thanks to effective spending of public means

    Wednesday, September 11th, 2019

    YEREVAN, September 11. /ARKA/. Armenia’s public debt has shrunk, Armenian Prime Minister Nikol Pashinyan reported Wednesday on his Facebook page. This is the first time since 2015 the country accounts for reduction of its public debt, he says. Although the reduction of the public debt is not goal in itself, he says, but effective spending […]

    Armenia to issue USD-denominated Eurobonds

    Wednesday, September 11th, 2019

    YEREVAN, September 11. /ARKA/. Armenia has arranged a series of meetings with investors in the United States and London, which will start from September 12 and may be followed by emission of USD-denominated 10-to-15-year Eurobonds, Reuters reports referring to IFR. According to the report, Citigroup and JP Morgan are set to be lead managers and […]

    Fitch assigns rating to Armenia's forthcoming us dollar bonds

    Wednesday, September 11th, 2019

    YEREVAN, September 11. /ARKA/. Fitch Ratings has assigned Armenia’s forthcoming US dollar bonds an expected rating of ‘B+(EXP)’, according to the organization’s press release. The final rating is subject to the receipt of final documentation conforming to information already received. Fitch Ratings says in its press release that the expected rating is in line with […]