VTB (Armenia) partnered Newmag publishing house for the release of a new illustrated edition of a tale-story «Tsipili, Timbaka and Laughter” authored by a well-known Armenian writer, poet and playwright Saghatel Harutyunyan, the bank’s press office said
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Archive for August, 2023
VTB (Armenia) supports release of new edition of tale-story ‘Tsipili, Timbaka and Laughter’
Thursday, August 31st, 2023Unibank automates approval of "Micro Express" collateral-free business loan
Wednesday, August 30th, 2023Unibank has automated the process of approval of “Micro Express” collateral-free business loan, saying that from now on a preliminary decision on business loan issuance can be received in 5 minutes
WB: in June, Armenia’s budget recorded another surplus of AMD 34 billion, driven by a 15.4 percent (yoy) increase in tax revenue collection
Wednesday, August 30th, 2023In June, the budget recorded another surplus of AMD 34 billion, driven by a 15.4 percent (yoy) increase in tax revenue collection, World Bank said in its latest Armenia monthly economic update for august 2023
WB: net money transfers from Russia to Armenia 33 percent lower than in June 2022, but still three times higher compared to June 2021
Tuesday, August 29th, 2023In June, 2023 net money transfers from Russia were 33 percent lower than in June 2022, but still three times higher compared to June 2021, according to World Bank’s ‘Armenia monthly economic update – august 2023
WB: sharp fall in Armenia's inflation due to lower external inflationary pressures
Tuesday, August 29th, 2023Prices registered a slight deflation in June and July at 0.5 and 0.1 percent (yoy), respectively, bringing average inflation through July down to 3.6 percent, according to World Bank’s ‘Armenia monthly economic update – august 2023
Russian Central Bank registers new Kwikpay int'l remittance system
Tuesday, August 29th, 2023The Central Bank of Russia (CBR) has registered the new Kwikpay international remittance system, the regulator said on Monday
S&P Global Ratings expects the dram to begin to depreciate as the current account deficit widens and transfers slow.
Monday, August 28th, 2023We expect the dram to begin to depreciate as the current account deficit widens and transfers slow, S&P Global Ratings said
Standard&Poor's forecasts inflation in Armenia at 2.5% in 2023
Monday, August 28th, 2023The S&P Global Ratings expects inflation in Armenia to average 2.5% in 2023, which is below the Central bank’s target
Armenia's banking sector appears well capitalized, profitable, and liquid, S&P Global Ratings said.
Monday, August 28th, 2023Armenia’s banking sector appears well capitalized, profitable, and liquid, S&P Global Ratings said
Armenian exporters worried about ruble exchange rate - Reshetnikov
Friday, August 25th, 2023The dramatic depreciation of the Russian ruble and the unprecedented appreciation of the Armenian dram have been a concern for Armenian companies, which sell their products in Russia, Russian Minister of Economic Development Maxim Reshetnikov said after a ‘business-breakfast’ meeting of business people from both countries today in Yerevan
