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  • Archive for January, 2021

    Armenian parliament approves law on protection of loan guarantor's rights

    Tuesday, January 19th, 2021

    By a vote of 115 to 4 abstentions Armenia’s National Assembly has approved today in the second and final reading a set of amendments to the Civil Code and a package of related draft laws proposed by the opposition Bright Armenia party’s parliamentary faction

    Armenian Central Bank issues 2 collector coins

    Monday, January 18th, 2021

    YEREVAN, January 18. /ARKA/. The first coin is dedicated to Arno Babajanyan (1921-1983), a famous Armenian composer, pianist, People’s Artist of the USSR (1970). Babajanyan graduated from the Yerevan and the Moscow Conservatories. In 1950-1956 he taught at the Yerevan Conservatory. A celebrated piano virtuoso, Babajanyan was known for performing his own works. Aram Khachaturyan […]

    Armenia's 12-month inflation in December 2020 was 3.7 percent

    Thursday, January 14th, 2021

    YEREVAN, January 14. /ARKA/. Armenia’s consumer prices in December 2020 grew by 3.7% compared to December 2019, according to the National Statistical Committee (NSC). It said also that 2020 December inflation was up 3.4% from the previous month of November. The inflation in January-December 2020 was up 1.2% compared to the same period in 2019. […]

    Unibank extends special offer for free international money transfers via SWIFT until March 31

    Thursday, January 14th, 2021

    The Unibank has extended its special offer enabling clients to make international money transfers via the SWIFT system free of charge or at a reduced rate until March 31, 2021

    Armenia's Central Bank announces intervention in forex market to ensure steady functioning of financial markets

    Wednesday, January 13th, 2021

    Armenia’s Central Bank said today it is going to intervene in the foreign exchange market to ensure the steady functioning of the country’s financial markets

    Raex-Europe confirms credit ratings of Armenia at ‘BB-; outlook changed from stable to negative

    Wednesday, January 13th, 2021

    RAEX-Europe confirmed the sovereign government credit rating (SGC) of Armenia at ‘BB-’ (sufficient level of creditworthiness of the government) in national currency and at ‘BB-’ (sufficient level of creditworthiness of the government) in foreign currency. The rating outlook changed from stable to negative, which means that in the mid-term perspective there is a high probability of downgrading the rating score, RAEX-Europe said in a report

    EDB to provide grant to Armenian Securities Exchange for modernization of trading technologies

    Tuesday, January 12th, 2021

    The Eurasian Development Bank (EDB) will provide a grant from its Technical Assistance Fund to the Armenian Securities Exchange for modernization of trading technologies, EDB said in a press release today

    Armenian commemorative coins wins third place at international competition

    Tuesday, January 12th, 2021

    The silver commemorative coin, dedicated to the 150th anniversary of the birth of the world famous Armenian composer and musicologist Komitas, issued by the Central Bank of Armenia in 2019, took 3rd place in the Coin of the Year nomination at the 14th international competition Coin Constellation 2020 in the Russian Federation, Armenia’s Central Bank reported