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  • Archive for August, 2022

    Armenia sees largest inflow of remittances from Russia in June, 2022

    Monday, August 22nd, 2022

    In June 2022, Russian households transferred a record $4.65 billion to their accounts in foreign banks, the Russian business daily ‘Kommersant’ says, citing statistics from the Central Bank of Russia

    The number of Visa and MasterCard cards issued by Armenian banks rise by 16.2 percent in April and May

    Tuesday, August 16th, 2022

    The number of Visa and MasterCard banking cards issued by Armenia-based commercial banks in April and May 2022 increased by 16.2% from the same months of 2021 to over 2 million

    Some 30,000 business entities in Armenia fail to activate their cashless payment terminals

    Friday, August 12th, 2022

    About 30 thousand business entities in Armenia have failed to activate their cashless payment (POS) terminals and did not apply for their activation, Public Television of Armenia reported citing the State Revenue Committee (SRC)

    "ASCE GROUP" OJSC has started the process of paying dividends

    Thursday, August 11th, 2022

    According to the material facts and information received by “Armenia Securities Exchange” OJSC “ASCE Group” OJSC started the process of paying dividends from 26.07.2022

    Government bond placement and buyback auctions with a volume of AMD 23.5 billion took place on AMX

    Tuesday, August 9th, 2022

    Today, the placement and buyback auctions of government bonds totaling AMD 23,501,160,000 have taken place on Armenia Securities Exchange (AMX)

    Total lending of Armenian banks dropps in late June to over 3.9 trillion drams

    Monday, August 8th, 2022

    The total lending of 17 Armenia-based commercial banks at the end of June 2022 stood at more than 3.9 trillion drams, down from 4.03 trillion drams in late May, according to the numbers, released today by the National Statistical Committee (NSC)

    Total deposits in Armenian banks grow to 4.07 trillion drams

    Monday, August 8th, 2022

    Total deposits in 17 Armenia-based commercial banks at the end of June, 2022 were worth 4.07 trillion drams, up from 4.06 trillion dram in late May, according to the National Statistical Committee (NSC)

    Armenia's overall public debts nears $10 billion 

    Friday, August 5th, 2022

    Armenia’s total public debt stood at about $9,931,796,000 as of June 30, 2022, having grown by $351,342,000 from the previous month, according to the numbers, released by the National Statistical Committee (NSC)

    EDB implementing its Armenia strategy at advanced pace

    Friday, August 5th, 2022

    The Eurasian Development Bank (EDB) is implementing its country strategy for Armenia at an advanced pace, EDB Board Chairman Nikolai Podguzov said at a press conference today in Yerevan

    Armenian government expands sectors eligible to subsidies for purchase of equipment

    Thursday, August 4th, 2022

    The Armenian government has expanded today the list of economic sectors that can benefit from a government-designed program to subsidize the lease of machinery and equipment embracing also mining, communications, construction, transportation, warehousing, professional, scientific and technical activities, as well as health and public services in addition to agriculture and processing industry