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  • Archive for May, 2020

    Avinyan presents at WEF meeting Armenia’s anti-crisis strategy amid COVID-19

    Tuesday, May 19th, 2020

    Armenian Vice-Premier Tigran Avinyan took part yesterday in the online meeting of the Regional Group for Europe and Eurasia of the World Economic Forum (WEF)

    Beekeeping is like a war: you move forward by winning small battles

    Monday, May 18th, 2020

    Honey.am is a union of 27 beekeepers working in different parts of Armenia. The brand was created by George Tabakyan when he finally retuned to Armenia from Lebanon. Honey.am buys Armenian honey and presents it in the local and international markets, ACBA-CREDIT AGRICOLE BANK said in a press release today

    In 2019 Armenia saw lowest rate of overdue loans

    Saturday, May 16th, 2020

    In 2019 Armenia saw a record low rate of overdue loans, Prime Minister Nikol Pashinyan said during an online press conference on Saturday, presenting 100 facts about the new Armenia

    48% increase to AMD 1 trillion in bank deposits attracted from non-residents recorded in Armenia in 2019 - Pashinyan

    Saturday, May 16th, 2020

    In 2019, bank deposits attracted from non-residents increased by 48% or by 337 billion drams and amounted to about 1 trillion drams, Armenian Prime Minister Nikol Pashinyan said Saturday while presenting at an online press conference 100 facts about the new Armenia

    Armenian banking system is one of the most stable in the region

    Friday, May 15th, 2020

    Armenia’s banking system is one of the most stable in the region thanks to stringent regulatory standards, Mher Abrahamyan, Chairman of the Union of Banks of Armenia (SBA) said on may 14

    Armenian commercial banks' lending to economy in first quarter grew to 3.5 trillion drams

    Thursday, May 14th, 2020

    Armenia’s banking sector was quick to respond to the situation caused by the spread of coronavirus, Mher Abrahamyan, Chairman of the Union of Banks of Armenia, said today

    Over 470,000 individuals and 15,500 legal entities in Armenia awarded credit holidays because of coronavirus

    Thursday, May 14th, 2020

    Over 470,000 individuals and 15,500 legal entities in Armenia have been awarded credit holidays because of the coronavirus pandemic, Prime Minister Nikol Pashinyan said on Thursday during a government meeting

    Banking secrecy in Armenia guaranteed, MP says

    Thursday, May 14th, 2020

    Babken Tunyan, the head of an Armenian parliamentary committee on economic affairs, downplayed today fears that the banking secrecy will be used for purposes not prescribed by law

    HSBC Armenia to donate computers to students in vulnerable communities

    Wednesday, May 13th, 2020

    “HSBC Bank Armenia” CJSC (HSBC Armenia) said today it will donate 150 sets of computer workstations to students in socially vulnerable communities in Armenia to support their remote learning needs amidst COVID-19 and beyond