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  • Archive for December, 2019

    Armenia to receive $152 million in budget support loans

    Thursday, December 12th, 2019

    Armenian Deputy Finance Minister Armen Hayrapetyan, speaking Thursday at an extraordinary session of the National Assembly, said Armenia will attract budget-supporting loans totaling $152 million (around €131.4 million).

    ADB country director presents five-year partnership strategy to Armenian vice premier

    Thursday, December 12th, 2019

    Armenian Vice Premier Mher Grigoryan received Tuesday newly appointed Asian Development Bank Armenia Country Director Paolo Spantigati, who presented a new five-year ADB-Armenia partnership strategy to the vice-premier, the press office of the Armenian government reports

    Tatoyan family in Nerkin Getashen repairs watermill with assistance of ACBA Federation and NABU

    Wednesday, December 11th, 2019

    The Tatoyan family in the village of Nerkin Getashen has turned a watermill, built back in the 1800s, into a real time machine, the ACBA – CREDIT AGRICOLE BANK said in a press release

    Armenia seeks to use world bank experience in developing its capital market

    Wednesday, December 11th, 2019

    Armenia’s Deputy Prime Minister Mher Grigoryan received today Sebastian Molineus, World Bank Regional Director for the South Caucasus, Grigoryan’s press office reported. It said Sylvie Bossoutrot, the Country Manager of the World Bank for Armenia, was in attendance

    Printing cash register receipts becomes mandatory for all in Armenia

    Tuesday, December 10th, 2019

    Starting January 1, 2020, printing cash register receipts will become mandatory for all economic entities, Prime Minister Nikol Pashinyan said during a live broadcasting on his Facebook page

    Armenian central bank leaves refinancing rate unchanged at 5.5 percent

    Tuesday, December 10th, 2019

    Armenia’s Central Bank decided today to leave the refinancing rate unchanged at 5.5%

    Armenian finance minister and IMF delegation discuss further cooperation

    Tuesday, December 10th, 2019

    Armenian Finance Minister Atom Janjughazyan received today an IMF delegation led by Nathan Porter, head of the IMF Armenia Mission

    ACBA-CREDIT AGRICOLE BANK assists in release of Charles Aznavour's book in Armenian

    Monday, December 9th, 2019

    With the support of Amundi-ACBA Asset Management, the Newmag company translated and released the acclaimed French singer Charles Aznavour’s book called “With a Soft Whisper,” in the Armenian language, the press service of ACBA-CREDIT AGRICOLE BANK reported

    Armenia's central bank will no longer publish names of unscrupulous creditors

    Monday, December 9th, 2019

    Armenia’s National Assembly has approved today in the first reading a set of amendments to the law on bank secrecy, which remove the requirement that the Central bank must publish the names of creditors who fail to meet their contractual obligations

    Armenia signs with KfW three loan agreements totaling €60 million

    Monday, December 9th, 2019

    Head of the Central Bank of Armenia Arthur Javadyan and German’s KfW Bank Regional Director Olaf Zymelka signed Saturday three loan agreements totaling €60 million (€20 million each), the press office of the central bank reports