Companies around the world are making significant operational changes to become more resilient after many found their contingency plans weren’t robust enough to cope with the COVID-19 pandemic, the press office of the bank reports
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Archive for July, 2020
Businesses plan major operational changes as they prioritise resilience: HSBC Navigator
Thursday, July 23rd, 2020EDB Deputy Chairman to run newly established Directorate for Digital Initiatives
Thursday, July 23rd, 2020The Eurasian Development Bank (EDB) has established a Directorate for Digital Initiatives, whose work is supervised by Tigran Sargsyan, Deputy Chairman of the EDB Management Board
Armenia’s pension funds have been growing by an average of 9.5% per year since 2014 – central bank
Wednesday, July 22nd, 2020Armenia’s accumulative pension funds have been growing by an average of 9.5% per year since 2014, Vigen Shahnazaryan, a leading expert of the Financial System Regulation Department of the Central Bank of Armenia, said at an online conference organized by the Club of Economic Journalists and the Konrad Adenauer Foundation
The UK to provide assistance to Business Support Office in Armenia
Monday, July 20th, 2020The UK Government’s Good Governance Fund (GGF) will be supporting the operation of the EBRD backed Business Support Office (BSO) in Armenia. The GGF will also help the BSO to take forward a series of targeted activities to address the economic impact of Covid-19 on SMEs in Armenia
Over AMD 26.741 billion sent to government budget by Armenia’s banks in 1st H 2020
Monday, July 20th, 2020All the 17 banks of Armenia are among the 1000 biggest taxpayers of the country. They have transferred more than 26, 741 billion drams to the government budget over a period between January and June 2020, according to the State Revenue Committee
New member elected to Armenian central bank’s board
Thursday, July 16th, 2020Members of the National Assembly of Armenia elected Thursday in a secret ballot a new member of the Board of the Central Bank of Armenia
Armenia records high indicator of financial stability, demand for government bonds exceeds supply 2.7 times
Wednesday, July 15th, 2020Armenia registered a high indicator of financial stability, and the demand for government bonds exceeded supply 2.7 times, Artak Manukyan, the MP from the ruling faction My Step, said Wednesday an extraordinary parliamentary session
AMD 60bln unprecedented government bond allocation auction held on AMX
Wednesday, July 15th, 2020Government Bond Allocation Auction was held Tuesday at the Armenia Securities Exchange (AMX), AMX press service reports
Head of financial organization in Yerevan shoots a man in the eye
Friday, July 10th, 2020The head of a financial organization in Yerevan is suspected of causing serious injuries to a 53-year-old man, the press service of the Investigative Committee of Armenia reported
Armenian central bank's hotline number fails
Thursday, July 9th, 2020Armenia’s Central Bank said today its hotline phone number has failed. It added that the failure is due to the problems facing by fixed and mobile communications company Ucom, which occurred the day before due to fluctuations in electricity.
