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

15.03.2024 14:20

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

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Armenia to extend program of preferential mortgage for families with children 

14.03.2024 15:22

Armenia to extend program of preferential mortgage for families with children 

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.

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Central Bank of Armenia lowers refinancing rate to 8.5%

12.03.2024 14:20

Central Bank of Armenia lowers refinancing rate to 8.5%

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

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Personal  income tax refund on mortgage interest repayment  amounted to AMD 52 bln in 2023

07.03.2024 12:12

Personal  income tax refund on mortgage interest repayment  amounted to AMD 52 bln in 2023

The Armenian government has allocated about AMD 52 billion in 2023 to subsidize income tax refunds to 38,911 recipients who used it to repay mortgage interest, the State Revenue Committee (SRC) reports

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Byblos Bank Armenia named CaseKey title sponsor again

06.03.2024 14:42

Byblos Bank Armenia named CaseKey title sponsor again

Byblos Bank Armenia will serve as the title sponsor of the CaseKey Business Case Competition in 2024

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Development of World Bank's partnership strategy with Armenia is in its final stage

04.03.2024 16:32

Development of World Bank's partnership strategy with Armenia is in its final stage

The World Bank and Armenia have reached the final stage of developing a new partnership strategy that is based on the country’s priorities, World Bank Vice President for Europe and Central Asia Antonella Bassani said today at a meeting with Armenian Prime Minister Nikol Pashinyan in Yerevan

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"The Innovator's Dilemma": Byblos Bank Armenia supports publication of Armenian edition

01.03.2024 23:29

Byblos Bank Armenia has supported the Armenian translation and publication of American business consultant Clayton M. Christensen’s bestseller, “The Innovator’s Dilemma”, by Antares Publishing House, as part of the Bank’s commitment to support educational projects

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Armenia to receive $3 mln ADB grant to improve food security

29.02.2024 13:49

Armenia to receive $3 mln ADB grant to improve food security

The Armenian government at a meeting on Thursday approved signing a grant agreement with the Asian Development Bank (ADB) to implement a program designed to improve food security adapted to climate change

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Armenia ratifies agreement with EEU on mutual recognition of bank guarantees

29.02.2024 13:48

Armenia ratifies agreement with EEU on mutual recognition of bank guarantees

The National Assembly of Armenia has approved the ratification of a Eurasian Economic Union (EEU) agreement on mutual recognition of bank guarantees in municipal and state procurement

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Visa and Unibank offer unique opportunities to Olympic Games fans

23.02.2024 20:05

Visa and Unibank offer unique opportunities to Olympic Games fans

Visa, a world leader in digital payments, enters into a partnership with Unibank to offer unique opportunities to holders of Unibank Visa cards in Armenia on the eve of the Olympic Games Paris 2024

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