The Armenian government on Thursday decided to write off gold-backed loans given to residents of Nagorno-Karabakh before they were forcibly displaced from their homes in September 2023. The gold jewelry pledged as collateral will be returned to them.

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https://www.youtube.com/watch?v=fYi1Y6IhQlI

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Australian futurologist, writer and co-founder of Moven Brett King noted during the Doing Digital 2024 forum in Yerevan that fintech companies that offer various modern services such as smart wallets already serve more people than traditional banks. 

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Consumer prices in Armenia in March 2024 were down 1.2% compared to March last year, the  National Statistical Committee (NSC) reported.

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The Board of the Central Bank of Armenia gave March 29 a preliminary consent to the acquisition of a significant part in the authorized capital of Ameriabank CJSC by the Bank of Georgia Group PLC and GNC Bank of Georgia

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The decision to ban the processing of Russian “Mir” cards in Armenia is a balanced and cautious position, said Babken Tunyan, head of the Parliamentary Standing Committee on Economic Issues, MP from the ruling Civil Contract party.

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On March 25, 2024, the Central Bank of Armenia puts into circulation “100th Anniversary of Sergey Parajanov’s Birth” and “100th Anniversary of Paruyr Sevak’s Birth” gold collector coins.

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Unibank has completed the placement of registered coupon bonds worth AMD 2 billion and $5 million ahead of schedule.

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The Armenian Parliament on Wednesday approved a loan agreement signed with the Asian Development Bank (ADB) under which 46 schools with enhanced seismic safety will be renovated and built in the country by 2027.

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The Armenian National Assembly on Wednesday ratified an agreement between the governments of Armenia and Germany, whereby the latter will provide a 12 million euro loan for the development of renewable energy. 

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