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  • Archive for July, 2020

    Armenian government provides 37 billion drams worth loans to farmers

    Wednesday, July 8th, 2020

    As part of Armenian government assistance programs, designed to help farmers overcome the socio-economic consequences of the coronavirus, the latter were provided with 18 thousand loans worth 37 billion drams, Deputy Minister of Economy Arman Khojoyan said at a press conference on Wednesday

    Cybercriminals steal 18 million drams from Adjarabet, EasyPay and TelCell terminals in Armenia

    Tuesday, July 7th, 2020

    Armenia’s Investigative Committee said a group of cybercriminals had used computer technology to steal more than 18 million drams from Adjarabet, EasyPay and Tel-Cell payment and settlement terminals installed in the service offices of Sabarko LLC

    Armenian Securities Exchange says government and corporate bond markets show growth dynamics

    Monday, July 6th, 2020

    The Armenian Securities Exchange (AMX) said the trade value of government bonds in 2020 June in the secondary exchange market increased by 161% compared to June 2019, reaching 10.1 billion drams. The total market value increased during the reporting period by almost 27%, and the average volume of transactions by 127%

    Armenia registers 1.7% inflation in June, 2020

    Monday, July 6th, 2020

    In June, 2020 consumer prices in Armenia increased by 1.7% compared to June 2019, and dropped by 1.54% from the previous month of 2020, the National Statistical Committee (NSC) said. The inflation in the first five months of 2020 was 0.5%, it said

    ACBA Leasing offers new possibility for acquiring electric car in Armenia

    Wednesday, July 1st, 2020

    ACBA Leasing, in cooperation with Muran Company and within the framework of its Green Leasing sub-brand, continues to expand the possibilities for acquiring electric vehicles in Armenia

    Asian Development Bank and Armeconombank sign $15 million loan agreement to support women-led enterprises

    Wednesday, July 1st, 2020

    The Asian Development Bank (ADB) and the Armenian Armeconombank OJSC signed a $15 million loan agreement to increase lending to micro, small and medium-sized businesses owned by women in Armenia, especially in regions outside Yerevan

    Armenian banks provided 73 billion drams as loans as part of anti-coronavirus programs

    Wednesday, July 1st, 2020

    As part of the government programs designed to offset the consequences of the coronavirus shock, Armenian banks have provided loans worth 73 billion drams, Central Bank Chairman Martin Galstyan said at a news conference on Tuesday