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  • Archive for February, 2023

    VTB (Armenia): more than 20% of pensioners receive pensions on VTB cards

    Monday, February 13th, 2023

    The number of senior citizens in Armenia who receive their pensions on banking cards of VTB (Armenia) increased last year to 110 thousand, while the volume of transactions made by using these cards surged to 3.2 billion drams in the second half of the year, which is 8 times more than the volume of such transactions in the first half, the bank said today in a press release

    EDB aims to increase investments in Armenia - Head of Mission in Armenia

    Friday, February 10th, 2023

    The Eurasian Development Bank (EDB) aims to increase the volume of investments in Armenian projects, Armen Melkikyan, the head of the EDB Office in Armenia, said at a meeting with Economy Minister Vahan Kerobyan on Wednesday

    Armenia on global financial and economic map; where to start?

    Thursday, February 9th, 2023

    On January 31, 2023, Amundi-Acba brought together the leaders of different sectors of Armenian economy to discuss the current challenges and perspectives on global macroeconomics, asset management strategy, as well as crypto-assets and blockchain

    "I considered myself successful after returning to my native village and founding first business." chef Yura Sargsyan (VIDEO)

    Thursday, February 9th, 2023

    Chef Yura Sargsyan is a native of Tsaghkunk community in Gegharkunik region, which is famous for its gastronomy. He founded two guest houses with restaurants, hosting people from different parts of the world, who come to try his dishes, the press service of Acba Bank said

    January 2023 Securities Market Data at Armenia Securities Exchange

    Tuesday, February 7th, 2023

    The insights of the January at Armenia Securities Exchange (AMX) have shown a surge of market and trade values of securities

    Police detain four men who attempted to blow up ATM in Yerevan

    Tuesday, February 7th, 2023

    Four men suspected of trying to blow up an ATM in Yerevan  to steal cash were detained  in the town of Stepanavan while trying to leave the country, the press service of the Armenian Police reported

    AraratBank supports Painted Equator Armenia project

    Tuesday, February 7th, 2023

    On January 25, 2022, Henrik Igityan National Center for Aesthetics launched the Painted Equator Armenia exhibition to mark the 30th anniversary of diplomatic relations between the Slovak Republic and the Republic of Armenia

    Armenian farmers can insure their crops

    Tuesday, February 7th, 2023

    Armenian farmers growing 13 types of crops: grapes, apricot, peach, plum, cherry, sweet cherry, watermelon, melon, apples, potato, as well as wheat and barley can insure their future crops against late spring frost, drought, hail and fire, the Ministry of Economy said on Monday

    World Bank confirms readiness to deepen cooperation with Armenia

    Friday, February 3rd, 2023

    Armenian Finance Minister Vahe Hovhannisyan received today Sebastian Molyneux, World Bank Regional Director for the South Caucasus, and Carolin Geginat, World Bank Country Manager for Armenia

    Dram revaluation less affected finances of Armenian business entities than 20 years ago – Kerobyan

    Friday, February 3rd, 2023

    The strengthening of the Armenian dram has actually had less impact on the financial indicators of business entities this time than it did in the 2000s, Armenian Economy Minister Vahan Kerobyan said