Byblos Bank Armenia has donated AMD 5 million to the Health Fund for the Children of Armenia to support the fund’s projects aimed at treating children with health issues.

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The project designed to build the Sisian-Kajaran section within the framework of the 4th Tranche of the North-South Interstate Highway was discussed with a delegation of the European Investment Bank (EIB) at the Armenian Road Department.

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Armenia’s total state debt as of February 29, 2024, stood at $11.9 billion, increasing by $28.643 million from January 31, the National Statistical Committee reported. On December 31, 2023 the state debt was worth over $11.8 billion.

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The first business forum for entrepreneurs in Armenia “COM.E On” about working with Ozon was held in Yerevan. The target audience were sellers of online stores, marketplaces, owners of order delivery points and all entrepreneurs who want to engage in e-commerce.

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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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