The European Fund for Southeast Europe (EFSE) said it has once again teamed up with long-time partner ARARATBANK to drive local business growth in Armenia
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Archive for October, 2019
EFSE provides Araratbank with multi-currency senior loan equivalent to USD 10 million
Thursday, October 10th, 2019EBRD to provide €4.65 million grant to Armenia for reconstruction of roads in Gyumri
Thursday, October 10th, 2019The Armenian government approved Thursday the signing of the grant agreement between Armenia, the Gyumri municipality, and the European Bank for Reconstruction and Development for reconstruction and repair of roads in Gyumri
Eurasian Development Bank's investment portfolio in Armenia stands now at $91 million
Wednesday, October 9th, 2019The Eurasian Development Bank’s (EDB) investment portfolio in Armenia stands now at $91 million and is likely to increase by another $30 million after the completion of another two projects, EDB’s director for Armenia Armen Melkikyan told reporters on Wednesday
Armenia upgrades its rank in The Global Competitiveness Report - it comes 69th
Wednesday, October 9th, 2019Armenia’s rank in upgraded by one notch in the World Economic Forum’s The Global Competitiveness Report 2019 – it came 69th among 141 countries
EDB expects Armenian GDP growth to exceed 6 percent in 2019
Tuesday, October 8th, 2019In an exclusive interview with Arka news agency Andrey Krainiy, deputy EDB Board Chairman, said the Bank forecasts that the economic growth in Armenia by the end of 2019 will exceed 6% and will be one of the highest in the EDB member countries
Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million
Tuesday, October 8th, 2019An officers at a bank in Artashat was arrested Tuesday on suspicion of embezzlement of AMD 122 million (around $256,300), the Armenian police department reports on its official website
Bank of China offers some of its products to Armenian partners free of charge
Monday, October 7th, 2019Armenian Deputy Minister of Economy Varos Simonyan received last week a Chinese delegation, led by Lin Sheng Kiang, the head of the Qatari branch of Bank of China, one of the four leading banks in the world
ACBA-CREDIT AGRICOLE BANK is general sponsor of Areni Wine Festival.
Friday, October 4th, 2019On October 5, the village of Areni in Armenia’s Vayots Dzor province will host the Areni Wine Festival. The general sponsor of the traditional event is ACBA-CREDIT AGRICOLE BANK
Mher Abrahamyan elected head of Union of Banks of Armenia
Friday, October 4th, 2019Mher Abrahamyan, Board Chairman of IDBank CJSC, was elected as new head of the Union of Banks of Armenia
Issues related to formation of common financial market in EEU territory discussed in Armenia's central bank
Friday, October 4th, 2019The second session of the Eurasian Economic Union’s Advisory Committee for Financial Markets took place Thursday in the Central Bank of Armenia, the press office of the regulator reports
