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  • Archive for February, 2023

    Remittances via SBP to Armenia and a number of other countries are now available to Russians

    Friday, February 17th, 2023

    Russians citizens are now able to make money transfers  through the rapid payment system (SBP) to Armenia and a number of other neighboring countries

    Renaissance Capital experts expect Armenia's inflation to return to target figures by end of 2023

    Friday, February 17th, 2023

    Inflation in Armenia may approach the target level by the end of 2023, Renaissance Capital’s senior economist for Russia and CIS+ Andrei Melashenko says in a report on regional economies

    Unibank unveils new business support loan with interest rate from 5%.

    Friday, February 17th, 2023

    Unibank has unveiled today a new loan product designed to support small and medium-sized businesses, which can be taken out in euros with the interest rate of 5% and 6%

    ArCa payment system malfunctioned because of fraudsters

    Thursday, February 16th, 2023

    The Armenian national payment system Armenian Card (ArCa) reported a failure due to fraudsters

    Byblos Bank Armenia celebrates 15th anniversary (video)

    Wednesday, February 15th, 2023

    Byblos Bank Armenia is proud to celebrate its 15th anniversary this year alongside customers, partners, and colleagues from parent company Byblos Bank Group

    Byblos Bank Armenia celebrates 15th anniversary (video)

    Wednesday, February 15th, 2023

    Byblos Bank Armenia is proud to celebrate its 15th anniversary this year alongside customers, partners, and colleagues from parent company Byblos Bank Group

    Foreign currency businessloan starting at 6%

    Tuesday, February 14th, 2023

    AraratBank, consistent with its customer-centric policy and in view of the demand for low-interest loans, kicks off a new credit offer for both small and medium-sized enterprises and major customers

    Armenia saw record volume of money transfers in 2022 - EDB

    Tuesday, February 14th, 2023

    Individual money transfers to Armenia, Kazakhstan, Kyrgyzstan and Uzbekistan in 2022 amounted to $26.5bn, which is 1.9 times higher than in 2021, according to the Eurasian Development Bank’s (EDB) estimates

    Fitch estimates that Armenia's growth will slow to 6.1% in 2023 and 4.7% in 2024

    Monday, February 13th, 2023

    Fitch Ratings has revised the Outlook on Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at ‘B+’

    In Goris children will learn French in a new classroom

    Monday, February 13th, 2023

    A new French language classroom was opened for the students of #3 basic school in the town of Goris named after Yuri Bakhshyan