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  • Archive for January, 2024

    Converse Bank announces completion of Euroterm CJSC corporate bonds allocation ahead of schedule

    Thursday, January 18th, 2024

    Converse Bank announces on the completion of Euroterm CJSC corporate bonds allocation ahead of schedule

    Central Bank of Armenia to conduct inspections at currency exchange points

    Wednesday, January 17th, 2024

    From January 20 to December 31, 2024, the Financial Supervision and Licensing Department of the Central Bank of Armenia will conduct inspections in organizations licensed to buy and sell currency for compliance with the legislation

    IMF chief calls Armenia's financial performance in recent years impressive

    Wednesday, January 17th, 2024

    Armenia’s financial performance in recent years is impressive, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said at a meeting with Armenian President Vahagn Khachaturyan on the margins of the World Economic Forum in Davos

    Acba Bank to sponsor "Yerevan Wine Days" festival until 2027

    Tuesday, January 16th, 2024

    Acba Bank will be the main sponsor of “Yerevan Wine Days” festival in the next 3 years, the bank’s press service reports

    Largest data processing center built in Armenia by GNC-Alf CJSC (Rostelecom Armenia)  receives support from the Ministry of Economy as part of  Infrastructure for Investment program

    Monday, January 15th, 2024

    On January 12, 2024, “Infrastructure in Exchange for Investment” support event was held at the Armenian Ministry of Economy in the presence of Minister Vahan Kerobyan, during which the signing ceremony of compensation agreements was held

    Central Bank of Armenia to enlist new monetary system with prudent risk management approach

    Monday, January 15th, 2024

    Armenian Central Bank is preparing to launch a new analytical system, known as the second generation of Forecasting and Policy Analysis System (FPAS Mark II) in 2024

    Draft law on canceling income tax refund for mortgage borrowers approved by Armenian National Assembly committee

    Thursday, January 11th, 2024

    The Economic Affairs Committee of the Armenian Parliament on Wednesday approved a legislative package on the complete abolition of income tax refund for mortgage borrowers purchasing real estate in the primary market

    Armenia's total state debt stood at $11.2 billion at the end of November 2023

    Thursday, January 11th, 2024

    Armenia’s total state debt as of November 30, 2023 stood at a little over $11.2 billion, having risen by $91.3 million from the previous month, while on December 31, 2022, it was worth $10.6 billion, according to the National Statistical Committee

    Metalworking plant with unique equipment established in Armenia with the support of Acba Leasing (video)

    Wednesday, January 10th, 2024

    Eldesco Company has opened a metalworking plant in Armenia with unique equipment, capable of manufacturing structures of any complexity, as well as various metal products

    NFC-chips will appear on new ArCa cards - Deputy Chairman of Central Bank of Armenia

    Wednesday, January 10th, 2024

    Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan said today  that a number of measures are being taken to increase the attractiveness of ArCa national payment system cards