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  • Archive for June 25th, 2020

    Central bank chairman predicts bigger than expected GDP drop in 2020

    Thursday, June 25th, 2020

    Armenia’s GDP will decline more by the end of 2020 than most of the forecasts predict, the chairman of the Central Bank Martin Galstyan stated at a parliamentary meeting on Thursday

    Araratbank wraps up 2019 indicators

    Thursday, June 25th, 2020

    Today, on 25 June 2020, ARARATBANK wrapped s up the 2019 indicators at the Annual General Meeting of Shareholders in ARARATBANK ZARGATSUM branch, reporting growth in the key financial indicators

    EBRD provides $20 million loan to Armenia’s ACBA-CREDIT AGRICOLE BANK for on-lending to private companies

    Thursday, June 25th, 2020

    The European Bank for Reconstruction and Development (EBRD) said today it is providing a US$ 20 million loan to ACBA-CREDIT AGRICOLE BANK for on-lending to private companies in Armenia that have been affected by the economic impact of the coronavirus pandemic

    Ratio of Armenia’s public debt to GDP at the end of the year is expected to reach 50-60% - Janjughazyan

    Thursday, June 25th, 2020

    The ratio of Armenia’s public debt to GDP at the end of the year is expected to reach 50-60%, Armenian Finance Minister Atom Janjughazyan said Wednesday at an extraordinary meeting of the country’s parliament