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  • Archive for March, 2024

    Armenia intends to ratify 12 million euro loan agreement with Germany for renewable energy development

    Friday, March 15th, 2024

    The Armenian Parliament intends to ratify the agreement on financial cooperation between the governments of Armenia and Germany, signed in 2022.

    Net inflow of private remittances to Armenia decreased more than five times in January 2024

    Friday, March 15th, 2024

    The net inflow of private cross-border remittances to Armenia sent through banks slashed to $32.8 million in January 2024 against $170.2 million in the first month of 2023, the Central Bank’s report said.

    Foreign investors have invested about $500 mln in Armenian government bonds - AMX director

    Thursday, March 14th, 2024

    Institutional foreign investors have purchased about $500 million worth of Armenian government bonds, Armenian Securities Exchange (AMX) Director General Hayk Yeganyan said today

    Armenia to extend program of preferential mortgage for families with children 

    Thursday, March 14th, 2024

    The Armenian government has decided to extend until 2026, including 2024, the program of preferential mortgage lending for families with children, which was in effect in 2020-2023.

    Armenian Securities Exchange starts the process of introducing cross-listing

    Thursday, March 14th, 2024

    Armenian Securities Exchange (AMX) has started the process of introducing cross-listing, AMX CEO Hayk Yeganian said today

    Central Bank of Armenia cautious in lowering refinancing rate, says head of Freedom Broker Armenia

    Wednesday, March 13th, 2024

    Against the backdrop of the latest deflationary quarter and weak single-digit inflation figures earlier, such rate cuts look very cautious, Freedom Broker Armenia CEO Hovak Hovakimyan told ARKA news agency when asked to comment on the Central Bank’s decision to lower the refinancing rate.

    Inflation in Armenia will not approach 4% in the first quarter - head of Central Bank

    Tuesday, March 12th, 2024

    Inflation in Armenia will be far from the projected target in the first quarter of 2024, Central Bank Chairman Martin Galstyan said

    Central Bank of Armenia lowers refinancing rate to 8.5%

    Tuesday, March 12th, 2024

    The Central Bank of Armenia has cut today the refinancing rate by 0.25 percentage points, setting it at 8.5%, the regulator’s press service reports

    Total volume of transactions on AMX in 2023 decreased to 185 billion drams

    Monday, March 11th, 2024

    The total volume of transactions made on the Armenian Securities Exchange (AMX) in 2023 amounted to about 185.1 billion drams, down from 241.8 billion drams in 2022, the National Statistical Committee reported

    Volume of insurance premiums in Armenia in 2023 amounted to AMD 73.2 billion

    Monday, March 11th, 2024

    The volume of insurance premiums in Armenia in 2023 amounted to about 73.3 billion drams, up from 62.3 billion drams in 2022, according to. the National Statistical Committee