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  • Archive for February, 2020

    Armenia and EBRD discuss ways to step up cooperation

    Monday, February 10th, 2020

    Armenian Economy Minister Tigran Khachatryan and an EBRD delegation, led by EBRD Vice President Pierre Heilbronn, discussed today ways to step up bilateral cooperation.
    Khachatryan expressed satisfaction with the decision of the EBRD Board of Governors to hold the bank’s annual meeting in Armenia in 2021

    Armenian president refuses to sign into law two bills passed earlier by national assembly

    Friday, February 7th, 2020

    Armenian President Armen Sarkissian refused today to sign into law two bills passed earlier by the National Assembly, his press office reported

    Armenia set to deepen cooperation with european investment bank

    Thursday, February 6th, 2020

    Armenian Minister of Territorial Administration and Infrastructure Suren Papikyan and a delegation of the European Investment Bank (EIB), led by loan officer Barbora Zemanova

    Arka news agency's ranking of most profitable Armenian banks in 2019

    Thursday, February 6th, 2020

    In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency’s ranking of the most profitable commercial banks in the fourth quarter of 2019

    Armenian president and ADB bank head discuss implementation of joint projects

    Thursday, February 6th, 2020

    Armenian President Armen Sarkissian received Wednesday the Head of the Armenian Office of the Asian Development Bank (ADB) Paolo Spintigati, the presidential press office reports

    NSC: Armenia's overall public debt at the end of December 2019 stood at $7.324.167 billion

    Wednesday, February 5th, 2020

    Armenia’s overall public debt at the end of December 2019 stood at $7.324.167 billion, representing an increase of $158.091 million from the previous month, the National Statistical Committee (NSC) said today. It said the overall public debt at the end of 2018 stood at $6.922, 512 billion

    Consumer prices in Armenia in January 2020 grew by 0.2% compared with January 2019

    Wednesday, February 5th, 2020

    Consumer prices in Armenia in January 2020 grew by 0.2% when compared with January 2019, and by 1.3% as opposed to 2019 December, the National Statistical Committee (NSC) said today

    Swift international transfer commission at Unibank decreased to AMD 2,500

    Wednesday, February 5th, 2020

    Unibank has decreased Swift international transfer commission for legal entities and individual entrepreneurs, the press office of the bank reported on Wednesday

    Central Bank: new bond issuances expected in Armenia in 2020

    Wednesday, February 5th, 2020

    New bond issuances are expected in Armenia this year, Martin Galstyan, a member of the Central Bank Board, said in an interview with Civilnet the day before

    Armenian banks' net profit in 2019 increased by 39.7% to 78.8 billion drams

    Tuesday, February 4th, 2020

    Armenian banks’ total net profit in 2019 increased by 39.7% year-on-year to 78.8 billion drams compared to 56.4 billion drams in 2018, according to the banks’ statements published in accordance with international IFRS