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  • Archive for September, 2024

    Byblos Bank Armenia named General Sponsor of YSU Faculty of Economics and Management's 90th anniversary events

    Monday, September 30th, 2024

    Byblos Bank Armenia is the General Sponsor of the jubilee celebrations marking the 90th anniversary of the Faculty of Economics and Management of Yerevan State University.

    About 90% of mutual trade in EAEU is carried out in national currencies – EEC Minister

    Monday, September 30th, 2024

    Approximately 90% of mutual trade in the Eurasian Economic Union is carried out in national currencies, said the member of the Board (Minister) for Economy and Financial Policy of the EEC Bakhyt Sultanov.

    Common exchange market of the EAEU starts functioning by 2030 – Yermolovich

    Monday, September 30th, 2024

    The common exchange market of the Eurasian Economic Union will begin to function by 2032, said Maxim Yermolovich, member of the board (Minister) for Competition and Antimonopoly Regulation of the Eurasian Economic Commission (EEC). 

    Unibank will announce the results of the gift draw in October

    Friday, September 27th, 2024

    The winner of the main prize of the joint campaign of Unibank and Visa will be known in October. Customers who made monthly money transfers to Visa cards issued by foreign banks from Unibank cards from 1 July to 30 September this year participate in the campaign

    Deputy Prime Minister presents fiscal policy reforms to head of IMF mission to Armenia 

    Friday, September 27th, 2024

    Deputy Prime Minister of Armenia Mher Grigoryan received a delegation led by the head of the International Monetary Fund (IMF) mission in Armenia Iva Petrova. According to the government press service, the meeting was attended by the IMF Resident Representative in Armenia Umang Rawat. 

    Armenian banks provide Artsakh students with tuition fee compensation in the amount of 35 million drams

    Thursday, September 26th, 2024

    All 18 banks operating in Armenia will provide financial assistance to students forcibly displaced from Nagorno-Karabakh who are currently studying at Yerevan State University, the press service of the Union of Banks of Armenia (UBA) reported.

    ADB lowers inflation forecast for Armenia to 0.8% in 2024 and to 2.5% in 2025

    Thursday, September 26th, 2024

    In its ‘’Asian Development Outlook’’ (September 2024) report, the Asian Development Bank (ADB) has revised downwards its inflation forecasts for Armenia for 2024 and 2025, taking into account the price dynamics of the first half of this year.

    Euro to Armenian dram exchange rate fell by 1.30 points to 432.20 dram

    Thursday, September 26th, 2024

    The average market exchange rate of the US dollar to the Armenian dram has dropped today by 0.05 points compared to September 25 to 387.45 drams, the Central Bank reported.

    UBPay joins IAMTN Payments Network

    Thursday, September 26th, 2024

    Armenian payment and settlement system for money transfers UBPay has become a member of the International Association of Money Transfer Networks (IAMTN), Unibank said in a press release.

    IMF mission in Armenia briefed on Armenian government's economic priorities 

    Wednesday, September 25th, 2024

    Yesterday Armenian Economy Minister Gevorg Papoyan received a delegation headed by the Armenian mission of the International Monetary Fund (IMF) Iva Petrova.