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    January 2022
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  • Archive for January, 2022

    Armenia’s Car Insurers’ Bureau raises insurance premiums

    Monday, January 31st, 2022

    Armenia’s Car Insurers’ Bureau said today it will raise the cost of mandatory insurance of vehicles against physical damage caused to other cars and individuals starting from February 7, 2022 as well revise the bonus malus system, saying the latter change will come into force on March 1

    Acba Bank's shares worth 7.5 billion drams to be listed on Armenian Securities Exchange (VIDEO)

    Monday, January 31st, 2022

    In 2021 the Acba Bank conducted a public offering by issuing  500 thousand shares worth a total of AMD 7.5 bln, the bank’s press service said today following a review of the bank’s performance last  year

    To avoid repeated mistakes: the documentary The Will to Get Back on Your Feet Again is one-of-a-kind textbook

    Monday, January 31st, 2022

    The documentary The Will to Get Back on Your Feet Again was made to avoid repeated mistakes and recall the ways to stand up and move forward

    Armenian commercial banks paid 52.3 billion drams in taxes in 2021

    Monday, January 24th, 2022

    YEREVAN, January 24. /ARKA/. All 17 Armenia-based commercial banks are in the list of 1000 largest corporate taxpayers in 2021 having paid about AMD 52.3bln in various taxes, the State Revenue Committee said today.

    Social contract" or why it's convenient not to cash salaries: Armenian Central Bank deputy chairman speaks about non-cash transactions

    Friday, January 21st, 2022

    In an interview with Armenian Public Television the Deputy Chairman of the Central Bank Nerses Yeritsyan elaborated on a law passed by the parliament on January 18, 2022 according to which all transactions above 300,000 drams made by individuals must be made in a non-cash method

    Surgeon and economist start a new business (video)

    Friday, January 21st, 2022

    For two friends -Sevak Shahbazyan and Armen Hovhannisyan- agriculture is a new field of activity. Sevak is Yerevan’s chief surgeon, Armen is an economist. They have decided to combine their skills, forces and try themselves in a new field, the press service of ACBA-bank said

    National Depository of Ukraine and Central Depository of Armenia sign cooperation memo

    Thursday, January 20th, 2022

    The National Depository of Ukraine (NDU) and the Central Depository of Armenia (CDA) signed a memorandum on cooperation at the end of December 2021,  the Armenian Securities Exchange (AMX) said today

    Moody’s assigns a Ba3 IFSR to Export Insurance Agency of Armenia; stable outlook

    Thursday, January 20th, 2022

    YEREVAN, January 19, /ARKA/. Moody’s Investors Service (“Moody’s”) has today assigned Ba3 foreign and local-currency insurance financial strength ratings (IFSRs) to Export Insurance Agency of Armenia ICJSC (EIA). The outlook is stable.

    Armenian parliament elects Hovhannes Khachatryan as new deputy chairman of Central Bank

    Wednesday, January 19th, 2022

    By a vote of 65 to 5 Hovhannes Khachatryan has been elected today by Armenian MPs as new deputy head of the Central Bank of Armenia

    Inecobank Brings Apple Pay to Customers

    Wednesday, January 19th, 2022

    Inecobank today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction