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  • Archive for June, 2024

    WB: noncommercial net money transfers to Armenia contracted by 34 percent (yoy) in April 2024

    Friday, June 28th, 2024

    Noncommercial net money transfers to Armenia contracted by 34 percent (yoy) in April 2024, driven by a 26 percent decline in inflows, the World Bank says in its Armenia monthly economic update – June 2024 report

    Marketing in business management: Acba Business Club

    Friday, June 28th, 2024

    At the Acba business club, entrepreneurs discussed the role of marketing in business and the opportunities it provides, created a model of a marketing strategy, and also established new business connections and discussed new business ideas.

    OVIO initiates "DC24" conference on "Development of Cloud Technologies and Data Centres" in Yerevan

    Thursday, June 27th, 2024

    On June 26 OVIO initiated “DC24” conference on “Development of Cloud Technologies and Data Centres” in Yerevan.

    EDB expects refinancing rate in Armenia to fall to 7.5 per cent by end of 2024

    Thursday, June 27th, 2024

    The Eurasian Development Bank (EDB) expects the Central Bank of Armenia to reduce the refinancing rate to 7.5 per cent by the end of 2024 from the current 8 per cent.

    Euro exchange rate in Armenia increasea by 0.47 drams

    Thursday, June 27th, 2024

    The average market exchange rate of the US dollar to the Armenian dram has dropped today by 0.21 points from June 26 to 388.12 drams, the Central Bank reported.

    EDB forecasts inflation in Armenia at 1.5 per cent by the end of 2024

    Thursday, June 27th, 2024

    The Eurasian Development Bank (EDB) forecasts inflation in Armenia at around 1.5 per cent by the end of 2024 after 0.6 per cent in 2023, the bank’s analysts said in their latest macro review.

    Armenia and French Development Agency sign EUR 75 million loan agreement

    Wednesday, June 26th, 2024

    A loan agreement worth 75 million euros was signed on Wednesday in Yerevan by Armenian Finance Minister Vahe Hovhannisyan and Matthieu Vassier, regional director of the French  Development Agency for Eurasia.  

    Armenian National Mortgage Company to issue "green bonds" with the assistance of French Development Agency

    Wednesday, June 26th, 2024

    The Armenian National Mortgage Company and the French Development Agency (Agence Française de Développement, AFD) are preparing to issue “green bonds” to support 16,000 families across the country in their energy transition, the French Embassy in Armenia reports.  

    Unibank joins Association of Lessors of Armenia

    Wednesday, June 26th, 2024

    Unibank, as an active participant of the leasing market, has joined the Association of Lessors of Armenia.  

    Special programme in Vayots Dzor: 2 schools will become energy independent

    Tuesday, June 25th, 2024

    In cooperation with Acba Bank, Hayastan All-Armenian Fund and UN World Food Programme, solar power plants will be installed on the roofs of two schools in Shati and Akhavnadzor communities of Vayots Dzor region.