General news

Armenia may host EBRD annual meeting in 2021

11.11.2019 17:44

Armenia may  host  EBRD annual meeting in 2021

On November 8, Armenian Deputy Prime Minister Tigran Avinyan received a delegation led by Secretary General of the European Bank for Reconstruction and Development (EBRD) Enzo Quattrociocche

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Bank of China ready to deepen cooperation with Armenia

08.11.2019 15:02

Bank of China ready to deepen cooperation with Armenia

Armenia’s Deputy Prime Minister Tigran Avinyan, who is in China on a working visit, met Thursday with the President of the Bank of China Liu Liang on November 6 in Beijing, Avinyan’s press service reported

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EIB to provide grant to raise safety on Armenian roads

07.11.2019 17:44

EIB to provide grant to raise safety on Armenian roads

The government of Armenia has approved today a proposal to sign an agreement with the European Investment Bank (EIB), where EIB will provide the government with an investment grant to be used to raise the safety on the roads

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IDBank issues two new tranches of bonds

07.11.2019 15:16

IDBank issues two new tranches of bonds

On November 7, 2019, IDBank started the allocation of two nominal, coupon bonds, tranches 2 and 3, thereby raising the issue of bonds to 9

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Armenia's overall public debt grows by $78.2 million in one month

06.11.2019 16:55

Armenia's overall public debt grows by $78.2 million in one month

Armenia’s overall public debt at the end of September 2019 stood at $7.051.177 billion, having increased by $78.169 million from the previous month, the National Statistics Committee (NSC) said

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Capability of Armenia's banking sector to absorb risks is quite high, central bank

06.11.2019 13:32

Capability of Armenia's banking sector to absorb risks is quite high, central bank

The capability of Armenia’s banking sector to absorb risks is quite high, Andranik Grigoryan Andranik Grigoryan, head of a Central Bank department overseeing the financial system’s stability and development, told reporters on Tuesday

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Some 5.1 percent of loans held by Armenia banks in first half were non-performing

06.11.2019 13:31

Some 5.1 percent of loans held by Armenia banks in first half were non-performing

In the first half of 2019, some 5.1 percent of the loans that banks in Armenia held were non-performing, Andranik Grigoryan, head of a Central Bank department overseeing the financial system’s stability and development, told reporters on Tuesday

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Armenia's central bank revises upward its long-term economic growth outlook

06.11.2019 12:21

Armenia's central bank  revises upward its  long-term  economic growth outlook

Armenia’s Central Bank has revised upward its long-term (over three years) economic growth outlook, Vahagn Grigoryan, head of the monetary policy department of the Central Bank, told reporters on Tuesday

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Ranking of biggest profit-gainers among Armenia's banks for Jan-Sept 2019

05.11.2019 16:34

Ranking of biggest profit-gainers among Armenia's banks for Jan-Sept 2019

ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia’s commercial banks for Jan-Sept 2019. The Armenian banking sector’s aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits

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Next meeting of EEU currency policies council to be held in Armenia in 2020

01.11.2019 18:53

Next meeting of EEU currency policies council to be held in Armenia in 2020

A delegation of the Central Bank of Armenia led by its chairman Arthur Javadyan participated today in a meeting of the Currency Policies Council of central / national banks of the Eurasian Economic Union’s (EEU) member countries in Minsk, Belarus

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