All news related to Armenia

Armenia's USD500 million Eurobond is now traded on Securities Exchange

20.11.2019 18:13

Armenia's USD500 million Eurobond is now traded on  Securities Exchange

YEREVAN, November 20. /ARKA/. Armenia Securities Exchange welcomed the Armenian Eurobond (XS2010043904) to start trading on its platform. A total of USD500 million in Eurobonds was placed earlier on September 26, it said in a news release today.

Armenia’s Ministry of Finance issued USD500 million worth Eurobonds with a 10-year maturity period and a coupon rate of 3.95% which is lower than the rates of the previous two issues.

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Armenian central bank chairman travels to Prague for international forum

20.11.2019 18:10

Armenian central bank chairman travels to Prague for international forum

Arthur Javadyan, the chairman of the Central Bank of Armenia, flew to Prague on Wednesday

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IDBank is adamant to defend its interests in all judicial instances: bank is not threatened by bankruptcy

18.11.2019 18:43

IDBank is adamant to defend its interests in all judicial instances: bank is not threatened by bankruptcy

The IDBank is adamant to defend its interests in all judicial instances, the chairman of the bank’s Board Mher Abrahamyan told reporters on Monday in comments on a trial that involves businessman Gevorg Afandyan and the alienation of property of B.M.L Arzni LLC that has been considered by Armenian courts for several years already

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Armenian central bank concerned over fast growth of consumer loans portfolio

15.11.2019 17:15

Armenian central bank concerned over fast growth of consumer loans portfolio

The Central Bank of Armenia is concerned over the fast growth of consumer loans portfolio, Arthur Javadyan, the chairman of the regulator said on Thursday during discussion of the 2020 draft government budget at a regular cabinet meeting

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Taxes paid by commercial banks in Armenia up 9.4 percent

15.11.2019 10:57

Taxes paid by commercial banks in Armenia up 9.4 percent

Seventeen Armenia-based commercial banks paid a total of 42.3 billion drams in taxes for the first nine months of 2019, the Union of Banks of Armenia reported

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Armenia to get €45.8 million budget assistance loan from IBRD

15.11.2019 10:56

Armenia to get €45.8 million budget assistance loan from IBRD

The International Bank for Reconstruction and Development (IBRD) will provide Armenia with a budget assistance loan worth €45.8 million, First Deputy Finance Minister Karen Brutyan said during a government meeting on Thursday

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Armenia to bring bankruptcy procedures in line with requirements of doing business rating

15.11.2019 10:54

Armenia to bring bankruptcy procedures in line with requirements of doing business rating

Armenia’s Parliament has approved today in the first reading a set of amendments to the Law on Bankruptcy, which are designed to bring this procedure in line with the requirements of the World Bank’s Doing Business rating

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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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