The European Bank for Reconstruction and Development (EBRD) is providing a US$ 5 million financial package to Inecobank in Armenia to facilitate the private sector’s transition to more sustainable, low-carbon and climate-resilient practices. The project is supported by the European Union (EU) with €523,000 of grant incentives, EBRD said today in a press release
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Archive for September, 2021
EBRD provides US$ 5 million financial package to Inecobank to facilitate private sector’s transition to more sustainable, low-carbon and climate –resilient practices
Thursday, September 30th, 2021Amundi –ACBA Asset Management allocates 10,000 euros for study of social housing strategy in Armenia
Tuesday, September 28th, 2021Amundi-ACBA Asset Management and Armenia’s Ministry of Labor and Social Affairs signed a memorandum of cooperation, Acba bank said in a press release today
VTB Bank (Armenia) acts as financial partner of maiden Build Armenia display
Tuesday, September 28th, 2021VTB Bank (Armenia) acted as the financial partner of the first real estate exhibition Build Armenia 2021. The event was attended by 32 real estate developer companies which presented all formats of residential and commercial real estate available in the primary market, the press service of the bank reported
Armenian central bank chairman took part in online forum on covid-19 impact on markets
Tuesday, September 28th, 2021On September 27, the chairman of Armenia’s Central Bank Martin Galstyan took part in an online forum on high-level research organized by the Central Bank of the Philippines
Armenia’s public debt grew to $8.869 billion at the end of first half, 2021
Monday, September 27th, 2021Armenia’s public debt stood at 4.394.5 trillion drams ($8.869 billion) on June 30, 2021, having grown by 229.2 billion drams ($900.6 million) from the same time span of last year, according to a report on the execution of the government budget in the first half of 2021, circulated in parliament today
Fitch forecasts 7.4% for Armenia in 2021
Monday, September 27th, 2021Fitch Ratings has affirmed Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable Outlook, saying also that inflation accelerated to 8.8% yoy in August 2021, above the Central Bank of Armenia’s (CBA) target of 4.0%, driven primarily by global pressures on food prices (15.1% yoy), rebounding demand from the 2020 recession, and bottlenecks in supply chains
Fitch Affirms Armenia at 'B+'; Outlook Stable
Saturday, September 25th, 2021Fitch Ratings has affirmed Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable Outlook
EEU bankers discussed macroeconomic process in Bishkek
Friday, September 24th, 2021The Chairman of the Central Bank of Armenia Martin Galstyan took part in the 22nd meeting of the EEU Advisory Council on Monetary Policy that was held on September 23 in Bishkek, the capital of the Kyrgyz Republic, the Central Bank of Armenia reported
ADB revises upwards growth forecast for Armenia to 5.2%, from 1.8%
Thursday, September 23rd, 2021The Asian Development Bank has revised upwards the growth forecast for Armenia in fiscal year 2021 to 5.2%, from 1.8% predicted earlier, according to its latest Asian Development Outlook 2021 report, released on September 22.
Attacks of cryptominers against users in Armenia drop to 0.73% in second quarter of 2021
Thursday, September 23rd, 2021In the second quarter of 2021, some 0.73% of users’ computers in Armenia were attacked by hidden cryptominers, 0.38% in Georgia and 1.21% in Azerbaijan. In terms of such attacks Azerbaijan ranked 9th in the world
