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  • Archive for December 17th, 2020

    AraratBank raises 5 million USD from Incofin IM-advised Microfinance Enhancement Facility (MEF) to foster SME sector in Armenia

    Thursday, December 17th, 2020

    AraratBank has raised 5 million USD from Incofin IM-advised Microfinance Enhancement Facility (MEF) to foster the SME sector in Armenia through its ongoing effective cooperation with reputable international financial institutions, the bank’s press service said today

    Devaluation of Armenian dram was expected, economists say

    Thursday, December 17th, 2020

    The devaluation of the Armenian currency, the dram, was expected as a natural reaction to the changes taking place in the country, according to Armenian economists