All news related to Armenia

Armenia is negotiating with PayPal and Skrill to lower minimum sales threshold

20.05.2020 16:55

Armenia is negotiating with PayPal and Skrill to lower minimum sales threshold

YEREVAN, May 20. /ARKA/. Armenia is negotiating with PayPal and Skrill payment systems to lower the minimum sales threshold for launching the system here, Deputy Minister of High Technology Industry Stepan Tsaturyan said at an online conference today, organized by the Club of Economic Journalists and Konrad Adenauer Foundation.

"We are conducting parallel negotiations with two companies at once - PayPal and Skrill - on the possibility of their full-fledged entry into the Armenian market," Tsaturyan said.

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Armenian central bank issues collector coins dedicated to three prominent artists

20.05.2020 13:08

Armenian central bank issues collector coins dedicated to three prominent artists

The Central Bank of Armenia has issued three collector coins to mark the 150th anniversary of landscape painter Yeghishe Tadevossian’s birth, the 125th birthday of actor Hrachia Nersisyan and the 100th birthday of filmmaker Henri Verneuil

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Avinyan presents at WEF meeting Armenia’s anti-crisis strategy amid COVID-19

19.05.2020 13:02

Avinyan presents at WEF meeting Armenia’s anti-crisis strategy amid COVID-19

Armenian Vice-Premier Tigran Avinyan took part yesterday in the online meeting of the Regional Group for Europe and Eurasia of the World Economic Forum (WEF)

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Beekeeping is like a war: you move forward by winning small battles

18.05.2020 22:06

Beekeeping is like a war: you move forward by winning small battles

Honey.am is a union of 27 beekeepers working in different parts of Armenia. The brand was created by George Tabakyan when he finally retuned to Armenia from Lebanon. Honey.am buys Armenian honey and presents it in the local and international markets, ACBA-CREDIT AGRICOLE BANK said in a press release today

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In 2019 Armenia saw lowest rate of overdue loans

16.05.2020 16:22

In 2019 Armenia saw lowest rate of overdue loans

In 2019 Armenia saw a record low rate of overdue loans, Prime Minister Nikol Pashinyan said during an online press conference on Saturday, presenting 100 facts about the new Armenia

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48% increase to AMD 1 trillion in bank deposits attracted from non-residents recorded in Armenia in 2019 - Pashinyan

16.05.2020 14:29

48% increase to AMD 1 trillion in bank deposits attracted from non-residents recorded in Armenia in 2019 - Pashinyan

In 2019, bank deposits attracted from non-residents increased by 48% or by 337 billion drams and amounted to about 1 trillion drams, Armenian Prime Minister Nikol Pashinyan said Saturday while presenting at an online press conference 100 facts about the new Armenia

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Armenian banking system is one of the most stable in the region

15.05.2020 18:18

Armenian banking system is one of the most stable in the region

Armenia’s banking system is one of the most stable in the region thanks to stringent regulatory standards, Mher Abrahamyan, Chairman of the Union of Banks of Armenia (SBA) said on may 14

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Over AMD 1.1 billion received in special account of support for struggle against COVID-19 in Armenia

15.05.2020 13:47

Over AMD 1.1 billion received in special account of support for struggle against COVID-19 in Armenia

As of 18:00 on May 14, 4,225 payments totaling almost 1,088,681,654 drams (about $ 2.23 million) have been received in the special account to support the fight against the coronavirus in Armenia, the press service of the country’s finance ministry reports

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Armenian commercial banks' lending to economy in first quarter grew to 3.5 trillion drams

14.05.2020 21:04

Armenian commercial banks' lending to economy in first quarter grew to 3.5 trillion drams

Armenia’s banking sector was quick to respond to the situation caused by the spread of coronavirus, Mher Abrahamyan, Chairman of the Union of Banks of Armenia, said today

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Over 470,000 individuals and 15,500 legal entities in Armenia awarded credit holidays because of coronavirus

14.05.2020 18:08

Over 470,000 individuals and 15,500 legal entities in Armenia awarded credit holidays because of coronavirus

Over 470,000 individuals and 15,500 legal entities in Armenia have been awarded credit holidays because of the coronavirus pandemic, Prime Minister Nikol Pashinyan said on Thursday during a government meeting

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