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  • Archive for April, 2023

    Armenia Becomes Donor to International Development Association of World Bank

    Tuesday, April 11th, 2023

    On April 10 Armenia became an official donor to the World Bank’s International Development Association (IDA) with a paid-in contribution of $1 million, the WB reported

    AraratBank provides support to 100 children from underprivileged families

    Tuesday, April 11th, 2023

    On April 6, a special project — “Award moments of reading” — was launched at the LOFT Center, Yerevan

    Loans issued by Armenian commercial banks exceeded 4.2 bln drams as of late February 2023

    Tuesday, April 11th, 2023

    The credit portfolio of Armenia-based commercial banks in late February 2023 stood at 4.2 bln drams, up from 4.17 bln drams in January 2023, according to the National Statistical Committee (NSC).

    Armenia to pay $64 million to have its share in EDB capital grow to 4.22%

    Friday, April 7th, 2023

    The Armenian government approved today a draft law on ratification of the intergovernmental agreement between Armenia and Russia on the purchase and sale of the Russian Federation’s share in the paid-up authorized capital of the Eurasian Development Bank (EDB)

    Total state debt of Armenia in January-February exceeded $10.7 billion

    Thursday, April 6th, 2023

    Armenia’s total public debt stood at over $10.7 billion as of February 28, 2023, having grown by about $84.6 million from January 31, 2023, according to the numbers, released by the National Statistical Committee (NSC)

    "The world of the future will be even more demanding":  head of the Central Bank of Armenia about the threats to the digital economy

    Thursday, April 6th, 2023

    “Digital economy changes our work and the way we do business, but the pattern and institutional development have not changed. We follow the rapid pace of technological development with hope and caution,” the head of Armenia’s Central Bank Martin Galstyan said April 5 when speaking at the Doing Digital forum

    Armenia's equity market capitalization surges by 9% to  AMD 278.7 billion

    Thursday, April 6th, 2023

    The insights of the March at Armenia Securities Exchange have shown a surge of market and trade values of securities

    Armenia's 12-month inflation in March 2023 was 5.4%

    Wednesday, April 5th, 2023

    Armenia’s 12-month consumer inflation in March 2023 was up 5.4% compared to March 2022, according to the National Statistical Committee (NSC)

    Byblos Bank Armenia launches Google PayTM support for cardholders

    Wednesday, April 5th, 2023

    Byblos Bank Armenia will from now on support Google PayTM, enabling cardholders to take advantage of simple and secure contactless payments and card storage on both Android and Wear OS devices

    Byblos Bank Armenia launches Google PayTM support for cardholders

    Wednesday, April 5th, 2023

    Byblos Bank Armenia will from now on support Google PayTM, enabling cardholders to take advantage of simple and secure contactless payments and card storage on both Android and Wear OS devices