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  • Archive for December, 2023

    Viva-MTS: investments ensure sustainable development through innovative solutions

    Friday, December 29th, 2023

    Viva-MTS, being the leader in the field of information and telecommunication technologies (ICT) in Armenia, is implementing social investment projects based on its corporate social responsibility (CSR), the company’s press service reported

    The problem of high inflation in Armenia can be considered solved at the moment - Central Bank Governor

    Friday, December 29th, 2023

    The low inflation rate we have had for a long period of time allows us to say that the problem of high inflation has been solved at the moment, Chairman of the Central Bank of Armenia Martin Galstyan said

    Acba Bank launches 4 charity projects for children of Artsakh

    Friday, December 29th, 2023

    Acba Bank is wrapping up the outgoing year with 4 charitable projects, designed to support the children and young people of Artsakh (Nagorno-Karabakh)

    Pashinyan says banks' loan portfolio reaches 5.4 trillion drams and deposit portfolio -5.6 trillion drams

    Friday, December 29th, 2023

    Speaking at a reception on Thursday organized by the Central Bank of Armenia PM Pashinyan said since 2018, the government’s policy has been to ensure the institutional independence of the regulator

    Central Bank warns of illegal activities of a number of companies in Armenia

    Friday, December 29th, 2023

    Armenia’s  Central Bank has warned citizens against entrusting their funds to such companies as IOE AI, ChargeFast, CharlesSchwab, Asos Mall, Furious, Hewlett-Packard, which are available through their websites, applications and Telegram channels, saying that their promises of bonuses in exchange for their money, including deposits are risky and may be fraught with serious financial damage and loses

    Head of Central Bank of Armenia disagrees with claim that banks do not finance business enough

    Thursday, December 28th, 2023

    The head of the Central Bank of Armenia Martin Galstyan disagreed with the claims that banks do not finance business much

    The number of beneficiaries of the cashback program for pensioners increased by 973%

    Monday, December 25th, 2023

    According to the data of July 2022, the number of beneficiaries of the of 10% refund from pension and benefit program from non-cash transactions, has grown by 16,903, the volume of non-cash circulation (monthly) was 0.52 billion AMD, and 390,000 citizens received their pension or benefit by card, the Ministry of Labor and Social Affairs reported alst Friday

    Armenia to assume Artsakh's debt obligations - Finance Ministry

    Friday, December 22nd, 2023

    The Armenian Ministry of Finance has developed a plan to settle obligations of the government of the Nagorno-Karabakh Republic (NKR) and other NKR borrowers to Armenian financial institutions, which arose, among other things, during the 44-day war in Artsakh

    Some AMD 3 billion leasing contracts concluded in Armenia's agro sector in 2023

    Friday, December 22nd, 2023

    The total amount of leasing contracts concluded in Armenia’s agro sector in 2023 amounted to AMD 3 billion, while the active portfolio is estimated at AMD 15 billion, according to the Ministry of  Economy

    Illustrated children's "Encyclopedia of Money" presented at Central Bank of Armenia

    Thursday, December 21st, 2023

    The “Encyclopedia of Money,” an Armenian-language edition, adapted for children, was presented today at the Central Bank of Armenia