Acba Bank has been keeping the “Sustainable Development” agenda in Armenia in the center of its attention
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Archive for October, 2023
Acba Bank continues to develop green finance instruments in Armenia
Tuesday, October 31st, 2023Foreign investors interested in Armenia's government bonds - Head of Finance Ministry
Tuesday, October 31st, 2023Foreign institutional investors are interested in Armenian government bonds, Finance Minister Vahe Hovhannisyan said at parliamentary hearings on the draft state budget for 2024
Central Bank of Armenia to invest AMD 755 million in authorized capital of ArCa payment system in 2024
Tuesday, October 31st, 2023The Central Bank of Armenia will invest AMD 755 million next year in the authorized capital of Armenian Card CJSC (ArCa, national payment system), head of the regulator Martin Galstyan said
Government bond allocation and buyback auctions with a volume of 48,1 billion AMD took place on AMX
Monday, October 30th, 2023On October 30 the allocation and buyback auctions of government bonds totalling more than 48,1 billion AMD have taken place on Armenia Securities Exchange (AMX)
Armenia's 2024 state budget calls for increase in the share of capital expenditures in GDP to 6.6%
Monday, October 30th, 2023Armenia’s draft budget for 2024 calls for a significant rise in the share of capital expenditures in GDP to 6.6%, while current expenditures are to grow to 22.1%, said Chairman of the Central Bank Martin Galstyan
Armenia bats for connecting its payment systems with UPI
Monday, October 30th, 2023Armenia has launched a dialogue with India to connect its national retail payment infrastructure company with UPI and set the foundation for collaboration amid he impressive rise in Indian labor force and tourists, the Indian Economic Times (ET) daily reported
Kerobyan and JP Morgan and U.K. Chamber of Commerce representatives discussed reforms, investments and joint projects
Monday, October 30th, 2023Armenian Economy Minister Vahan Kerobyan and his deputy Rafael Gevorgyan met last week in London with representatives of the JP Morgan corporation
First Social Investment Fund established in Armenia
Friday, October 27th, 2023C-Quadrat Ampega Asset Management Armenia has launched a first-of-its-kind “Social Investment Fund” to stimulate socio-economic growth in Armenia and promote investment ecosystems with social impact, the company’s press service reports
Armenian banks paid 111.8 billion drams in taxes for 9 months of 2023
Thursday, October 26th, 2023Seventeen out of 18 Armenia-based commercial banks are in the list of 1000 largest corporate taxpayers for January-September 2023, having paid 111.8 billion drams in taxes and duties, according to the State Revenue Committee
Armenian Kilikia beer is competitive in the world market (video)
Thursday, October 26th, 2023Kilikia beer is created with the use of Armenian brewing traditions, the press service of Aсba Bank reports
