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  • Archive for January, 2020

    EBRD board's final decision on place of bank's 2021 annual assembly to be known later

    Friday, January 31st, 2020

    The board of the European Bank for Reconstruction and Development has not decided finally to hold the bank’s 2021 annual assembly in Yerevan or not, Dimitri Gvindadze, the head of the EBRD Yerevan office, said Thursday at a press conference answering ARKA News Agency’s question

    EBRD has invested a total of 1.4 billion euros in 180 projects in Armenia

    Friday, January 31st, 2020

    Since its inception in Armenia in 1992 the European Bank for Reconstruction and Development (EBRD has invested a total of 1.4 billion euros in 180 projects, the head of the EBRD Yerevan Office Dimitry Gvindadze said at a press conference on Thursday

    Yerevan resident accused of stealing large amounts

    Thursday, January 30th, 2020

    Armenia’s Investigative Committee (IC) said today it has completed the preliminary investigation into a criminal case that involves thefts through use of computer technology

    Pashinyan: Armenia's central bank buys another $15 million this year

    Thursday, January 30th, 2020

    Armenia’s Central Bank has bought $15 million from the local forex market, Prime Minister Nikol Pashinyan said on Thursday. Earlier, on January 23, Pashinyan said the regulator bought $5 million

    Armenian central bank comments on HSBC bank's intention to reconsider its activity in Armenia

    Thursday, January 30th, 2020

    The Central Bank of Armenia commented Thursday on a report released yesterday by Reuters about HSBC Bank’s intention to reconsider its activity in Armenia

    Ardshinbank successfully issued 5-year USD 300 million Eurobonds

    Wednesday, January 29th, 2020

    Ardshinbank said it has successfully priced its new RegS / 144A US$300mm 5-year eurobonds rated Ba3 by Moody’s and B+ by Fitch

    Fitch assigns 'B+'/ 'RR4' to Eurobonds of Armenia's Ardshinbank

    Wednesday, January 29th, 2020

    Fitch Ratings has assigned ‘B+’/ ‘RR4’ to the Eurobonds of Armenia’s Ardshinbank, issued in the largest-ever for Armenia amount – USD300 million, at the lowest rate – 6.5% and the maturity term in 2025

    Pashinyan: thanks to third issue of Eurobonds, government will save $10 million a year on servicing its foreign debt

    Saturday, January 25th, 2020

    Armenian Prime Minister Nikol Pashinyan said on Saturday that thanks to the third issue of Eurobonds, the government will save $10 million a year on servicing its foreign debt

    Armenia's external reserves total USD 2 billion 849 million in late 2019

    Saturday, January 25th, 2020

    Armenia’s external reserves totaled USD 2 billion 849 million by the end of 2019 after growing 26% or by USD 590 million since late 2018

    Armenia's state revenue has grown 43.6% in 2018 and 2019

    Saturday, January 25th, 2020

    Armenia’s state revenue has grown 43.6% in 2018 and 2019, compared with 2017, Armenian Prime Minister Nikol Pashinyan said Saturday at a news conference in Kapan