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  • Archive for February 19th, 2024

    Armenia intends to ratify agreement with EEU on mutual recognition of bank guarantees

    Monday, February 19th, 2024

    The Armenian Parliament’s Finance and Budget Committee has approved a draft law calling for ratification of Armenia’s agreement with the Eurasian Economic Union (EEU) on mutual recognition of bank guarantees in municipal and state procurements

    Ameriabank set to join BOGG, a London Stock Exchange (LSE) listed financial group as a standalone entity

    Monday, February 19th, 2024

    Ameriabank (the Bank) has reached an agreement with the BOGG (the Group), a UK registered financial group, to join the latter as a standalone entity and the Group to become the main shareholder of the Bank, with the European Bank for Reconstruction and Development (“EBRD”) retaining their 10% shareholding in Ameriabank, Ameriabank said today in a press release

    Remittance inflow to Armenia to drop by 15% in 2024 - economist

    Monday, February 19th, 2024

    Remittance inflow to Armenia in 2024 is very likely to  drop by  about 15% from 2023, while the remittance outflow will continue to grow, economist Aghasi Tavadyan believes