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  • Archive for November, 2019

    Fitch expects Armenia's gross government debt to decrease to 51.2% of GDP in 2019, and 48.4% in 2021

    Monday, November 25th, 2019

    Fitch Ratings said in a latest report it has greater confidence in the Armenian government’s commitment to put debt on a downward trajectory

    Fitch Ratings: Armenian banking sector is well-capitalised, but profitibality is low

    Monday, November 25th, 2019

    The banking sector is well-capitalised but profitability is low and loan growth remains high, at 15.4% yoy at September-end 2019, boosted by mortgage loan and consumer lending, Fitch said in a report

    Armenia's third quarter inflation was 0.9 percent

    Monday, November 25th, 2019

    The 2019 third quarter inflation in Armenia grew 0.9% from the same time span of 2018, the National Statistical Committee (NSC) said

    ACBA-CREDIT AGRICOLE BANK unveils new format of cooperation as part of "My business, My bank " initiative

    Monday, November 25th, 2019

    As part of a new format of cooperation called ‘My Business, My Bank,’ designed for the development of small and medium-sized business in Armenia, ACBA-CREDIT AGRICOLE BANK is showcasing the products of its partners in its own branches

    WB to provide EUR 45.8 million loan to Armenia for reform sustainability

    Friday, November 22nd, 2019

    The World Bank’s Board of Executive Directors approved Thursday a new, EUR 45.8 million (US $50 million) loan for the Armenia Governance Development Policy Operation (DPO), a budget support operation, the press office of the World Bank reports

    Armenian dram keeps enjoying high public confidence - central bank head

    Friday, November 22nd, 2019

    Armenia’s national currency, launched 26 year ago, continues enjoying high public confidence, Arthur Javadyan, the head of the Central bank of Armenia, said Friday in his address to bank officers on the occasion of their professional day

    Javadyan attending meeting of governors of Central Asia, Black Sea region and Baltic countries' central banks

    Friday, November 22nd, 2019

    Arthur Javadyan, chairman of the Central Bank of Armenia, is attending in Prague the 42nd meeting of the governors of the central banks of the countries of Central Asia, Black Sea region and Baltic countries, the press office of the Armenian regulator repots

    Zangezur Copper Molybdenum Combine lists USD 50 mln and AMD 2.5 bln bonds on Armenia Securities Exchange

    Friday, November 22nd, 2019

    Zangezur Copper Molybdenum Combine CJSC listed 50 mln US dollars and 2.5 bln AMD worth bonds on Armenia Securities Exchange

    Armenian deputy prime minister and World Bank team discuss economic priorities

    Friday, November 22nd, 2019

    Armenian Deputy Prime Minister Tigran Avinyan received today a World Bank delegation led by Sylvie Bossoutrot, the Country Manager of the World Bank for Armenia , and the Local Economy and Infrastructure Development program’s team. Avinyan spoke about the priorities of Armenia’s economic development

    Armenia's USD500 million Eurobond is now traded on Securities Exchange

    Wednesday, November 20th, 2019

    Armenia Securities Exchange welcomed the Armenian Eurobond (XS2010043904) to start trading on its platform. A total of USD500 million in Eurobonds was placed earlier on September 26, it said in a news release today