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    June 2022
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  • Archive for June, 2022

    Armenian government approves mid-term spending program for 2023-2025

    Thursday, June 30th, 2022

    The Armenian government approved today its mid-term spending program for 2023-2025 and a revised plan of actions to reduce the state  debt in 2022-2026

    Central Bank of Armenia and Warsaw Stock Exchange sign contract of sale of Armenia Securities Exchange

    Wednesday, June 29th, 2022

    On June 28, in Yerevan, the Governor of the Central Bank of Armenia Martin Galstyan and President of the Management Board of the Warsaw Stock Exchange (GPW) Marek Dietl signed an agreement on the sale of a majority interest in the Armenia Securities Exchange (AMX)

    Armenian central bank reminds of new law on cashless payments that comes into force from July1, 2022

    Wednesday, June 29th, 2022

    In a statement issued today Armenia’s Central Bank reminds that under a new law passed by the parliament on June 9, starting July 1, 2022 all business transactions worth more than 300,000 drams (about $700) and transactions between individuals worth more than 500,000 drams (about $1,100) will have to be made electronically, either through a mobile payment app, a payment terminal or via a bank wire transfer.  The limit for individuals will be reduced to 300,000 drams in July 2023

    "Bear market’: sale of crypto-assets or the right time to buy

    Tuesday, June 28th, 2022

    According to many news reports, cryptocurrencies are experiencing now a “troubled” time and might not survive in this massive bear market

    Unibank's general meeting of shareholders sums up results of 2021

    Monday, June 27th, 2022

    Unibank’s Annual General Meeting was held on June 24, 2022 in real time through Zoom application in the form of unified presence, the Bank’s press service reported today

    Moscow Stock Exchange starts trading with Armenian dram

    Monday, June 27th, 2022

    The Moscow Stock Exchange (MOEX) started today trading with the Uzbek sum, Armenian dram and South African Rand, Russian news agency TASS reported

    ADB ready to continue supporting projects implemented in Armenia

    Monday, June 27th, 2022

    Armenia is a country with great opportunities, and the Asian Development Bank (ADB) is ready to continue supporting the projects being implemented here, ADB Deputy Executive Director for Austria, Germany, Turkey, Luxembourg and Great Britain Philip Ross said today at the meeting with Armenian Minister of Finance Tigran Khachatryan in Yerevan

    Armenian Deputy Prime Minister attends discussion on adoption of EDB Strategy for Cooperation with Armenia in 2022-2026.

    Friday, June 24th, 2022

    Armenian Deputy Prime Minister Mher Grigoryan attended a discussion on the adoption of Eurasian Development Bank’s (EDB) Strategy for Cooperation with Armenia in 2022-2026, the Armenian government said

    Acba Bank names winners of competition ’Development of Organic Agriculture in 2022-2023’

    Friday, June 24th, 2022

    The Acba Bank and Germany’s Nature and Biodiversity Conservation Union (NABU) have reviewed the results of a competition announced as part of a jointly implemented program “Development of Organic Agriculture in 2022-2023’, the press service of the bank reported

    Government to release 5.6 billion drams to support cashback initiative for pensioners

    Thursday, June 23rd, 2022

    The Armenian government has decided today to allocate 5.66 billion drams to support a cashback project designed for pensioners and beneficiaries of social allowances