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  • Archive for January, 2023

    Short-term government bonds worth 5 billion drams placed in Armenia

    Tuesday, January 17th, 2023

    Short-term government bonds worth 5 billion drams maturing on January 15, 2024 were placed on January 16, Armenian Ministry of Finance reported today

    AraratBank co-finances construction of InSport Syunik Wellness Center

    Monday, January 16th, 2023

    On January 14, at 17:00, Kapan, the regional center of Syunik, hosted the opening ceremony of the largest regional sports club InSport Syunik, the construction of which was co-financed by AraratBank

    Armenia’s economic activity increased by 14.4% y/y in January-November 2022 OEDB

    Monday, January 16th, 2023

    Armenia’s economic activity increased by 14.4% y/y in January-November 2022, the Eurasian Development Bank (EDB) said in its weekly macro review

    Unibank branch in Ashtarak reopens at a new address

    Thursday, January 12th, 2023

    Unibank reopened “Ashtarak” branch at a new address – 17-17/1 Tigran Mets, Ashtarak. Customers will be served from Monday to Friday from 9.30 to 16.30, days off- Saturday and Sunday

    Some 800 million drams refunded to Armenian pensioners as cashback

    Thursday, January 12th, 2023

    Some 800 million drams have been refunded to Armenian pensioners in the form of cashback for cashless payments made by their cards over the last six months

    Cash withdrawal in Artsakh limited to 50 thousand drams a day

    Thursday, January 12th, 2023

    Cash withdrawals from ATMs and POS-terminals in Artsakh (Nagorno-Karabakh) has been restricted to no more than 50,000 drams ($126) per day, the Artsakh Information Center said

    Ex-finance minister says there are 3 factors behind strong growth in 2022

    Wednesday, January 11th, 2023

    Former Armenian Minister of Finance Vardan Aramyan says there are three factors behind Armenia’s strong growth in 2022

    VTB (Armenia) clients increased the number of money transfers to Russia by more than 1.5 times

    Tuesday, January 10th, 2023

    VTB (Armenia) clients remitted more than AMD 16 bln to Russia over the first 11 months of 2022, making more than 50,000 transactions, the bank said today in a press release

    Coupon bonds worth amd 3,580 mln were placed in Armenia

    Tuesday, January 10th, 2023

    Long-term government coupon bonds worth AMD 3 billion 580 million maturing on October 29, 2033 were placed on Tuesday, the Armenian Ministry of Finance reported

    Armenia projects 7% growth for 2023- Prime Minister

    Tuesday, January 10th, 2023

    Armenian Prime Minister Nikol Pashinyan said today the country’s economy is expected to grow 7% in 2023