YEREVAN, September 28. /ARKA/. Amundi-ACBA Asset Management and Armenia’s Ministry of Labor and Social Affairs signed a memorandum of cooperation, Acba bank said in a press release today.

It said as part of cooperation, Amundi-ACBA Asset Management will allocate 10 thousand euros from its profits for the study of a strategy for introducing social housing system in Armenia.

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On September 27, the chairman of Armenia’s Central Bank Martin Galstyan took part in an online forum on high-level research organized by the Central Bank of the Philippines

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Armenia’s public debt stood at 4.394.5 trillion drams ($8.869 billion) on June 30, 2021, having grown by 229.2 billion drams ($900.6 million) from the same time span of last year, according to a report on the execution of the government budget in the first half of 2021, circulated in parliament today

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Fitch Ratings has affirmed Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable Outlook, saying also that inflation accelerated to 8.8% yoy in August 2021, above the Central Bank of Armenia’s (CBA) target of 4.0%, driven primarily by global pressures on food prices (15.1% yoy), rebounding demand from the 2020 recession, and bottlenecks in supply chains

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Fitch Ratings has affirmed Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable Outlook

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The Asian Development Bank has revised upwards the growth forecast for Armenia in fiscal year 2021 to 5.2%, from 1.8% predicted earlier, according to its latest Asian Development Outlook 2021 report, released on September 22.

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Tags: ADB, Armenia, Economy @en, FORECAST, growth

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In the second quarter of 2021, some 0.73% of users’ computers in Armenia were attacked by hidden cryptominers, 0.38% in Georgia and 1.21% in Azerbaijan. In terms of such attacks Azerbaijan ranked 9th in the world

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Tags: Armenia, Attacks, cryptominers, users

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YEREVAN, September 14. /ARKA/. As a leading bank in Armenia in terms of payment of pensions and other government-funded allowances and payments and also aiming to provide the most comfortable service to its clients of retirement age, VTB Bank (Armenia) ensures that pensions are paid before the 2nd working day of each month from its […]

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Tags: Armenia, Bank VTB (Armenia), CLIENTS, pensions, VTB Bank (Armenia)

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The Central Bank of Armenia has decided today to raise the refinancing rate by 0.25 percentage points, setting it at 7.25%

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Tags: Armenia, REFINANCING RATE

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In the second quarter of 2021, mobile banking Trojans attacked 0.03% of users in Armenia, as many in Azerbaijan, and 0.2% in Georgia, according to Kaspersky Lab

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