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  • Archive for September, 2022

    Tinkoff Bank clients will be able to receive SWIFT money transfers in US dollars and euros from Armenian banks

    Friday, September 23rd, 2022

    Starting from October 12, 2022, Tinkoff Bank’s clients will be able to receive SWIFT money transfers in US dollars and euros from banks of three CIS countries – Armenia  Azerbaijan, as well as Halyk Bank of Uzbekistan, Russian business daily Kommersant reported

    All government benefits to be paid in cashless way in Armenia

    Thursday, September 22nd, 2022

    The Armenian government on Thursday adopted a decision whereby starting from January 1, 2023 all types of government benefits paid to needy families, the unemployed etc. will be paid in cashless way in urban and rural communities with a population over 1,000 people, and from 2024 in the rest of the villages

    Armenian banks are free to halt or continue the use of Russian Mir payment system - Central Bank

    Thursday, September 22nd, 2022

    Commercial banks in Armenia are free to decide whether to halt or continue the use of the Russian Mir payment system after warnings from Washington over the risk of falling foul of US sanctions on Moscow, the Central Bank of Armenia said today

    Pashinyan, EBRD president discuss ways to expand cooperation

    Friday, September 16th, 2022

    Armenian Prime Minister Nikol Pashinyan and President of EBRD Odile Renaud-Basso discussed today in Yerevan ways to further cooperation between Armenia and the European Bank for Reconstruction and Development, Armenian government press office reported

    EBRD head comments on strengthening of AMD and Armenian Central Bank policy

    Friday, September 16th, 2022

    YEREVAN, September 16, /ARKA/. The Central Bank of Armenia (CBA) pursues inflation targeting policy which means that exchange rate is determined by supply and demand on the market, EBRD President Odile Renaud-Basso said in an exclusive interview to Novosti-Armenia news agency.  She said recent appreciation is due to high inflow of foreign currency in the […]

    Armenian parliament ratifies EEU Agreement on Procedure of Transferring Information Included in Credit Histories

    Thursday, September 15th, 2022

    By a vote of 65 the Armenian parliament on Thursday ratified a Eurasian Economic Union’s Agreement on the Procedure of Transferring Information Included in Credit Histories

    Central bank expects yearend inflation at about 10 percent

    Wednesday, September 14th, 2022

    The Central Bank of Armenia expects the yearend inflation to  be around 10%, Chairman Martin Galstyan said at a press conference today. He said the inflation rate will approach its target during the third quarter of 2023

    Armenian central bank raises key rate by 0.5 percentage point to 10%

    Tuesday, September 13th, 2022

    Armenian Central Bank made a decision today to raise the refinancing rate by 0.5 percentage points to 10%

    WB to continue assistance to Armenian government - Vice-President for Europe and Central Asia

    Tuesday, September 13th, 2022

    Armenian Prime Minister Nikol Pashinyan told today the visiting World Bank Vice President for Europe and Central Asia Anna Bjerde that his government appreciates Armenia’s partnership with the World Bank, started 30 years ago

    Armenian parliament considering new 26.5 million euro loan with IBRD

    Monday, September 12th, 2022

    The Armenian National Assembly is discussing today a new loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank division)