General news

Almost all Armenian banks will stop servicing Russian Mir cards

19.03.2024 13:30

Almost all Armenian banks will stop servicing Russian Mir cards

Russian Business Consulting (RBC) news agency reports that almost all Armenian banks will stop servicing Russian Mir cards.

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List of 11 banks participating in cashback program for pensioners and recipients of benefits published

19.03.2024 13:28

List of 11 banks participating in cashback program for pensioners and recipients of benefits published

The United Social Service has published a list of 11 Armenian banks that have joined the cashback program developed by the government for pensioners and beneficiaries.

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Global Money Week 2024  to start in Yerevan on March 18

15.03.2024 18:41

Global Money Week 2024  to start in Yerevan on March 18

Global Money Week 2024 will start on March 18 in Yerevan.  

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

15.03.2024 18:40

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

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

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

14.03.2024 15:24

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

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

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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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Armenian Securities Exchange starts the process of introducing cross-listing

14.03.2024 14:46

Armenian Securities Exchange starts the process of introducing cross-listing

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

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

13.03.2024 18:49

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

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.

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

12.03.2024 18:54

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

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

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