YEREVAN, October 8. /ARKA/. Armenia’s Minister of Finance Tigran Khachatryan received on Friday the head of the regional representation of the European Investment Bank (EIB) for the South Caucasus Maciej Czura , the press service of the Ministry of Finance reported.

Khachatryan was said to highly appreciate the cooperation with the European Investment Bank and attache importance to the programs implemented in various areas with its co-financing, such as construction of the North-South and Sisian-Agarak highways, as well as the programs for managing the Yerevan Metro and Yerevan's transport system, water resources and irrigation infrastructure.

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on EIB ready to assist Armenia in improving business environment

Tags: Armenia, BUSINESS, EIB

Read more

The Khalatyan family has housed the whole of Vayots Dzor province in their small restaurant-guest house: the 25-year-old Lilit and her family present traditional dishes, the customs and the way of life and culture to local and foreign guests, the press service of Acba bank said

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on ACBA BANK HELPS 25-YEAR OLD LILIT START FAMILY BUSINESS FROM SCRATCH (VIDEO)

Tags: ACBA BANK, BUSINESS, help

Read more

Eighteen years ago, Vahram Matevosyan from Vayots Dzor province’s village of Aghavnadzor, along with his family, started producing wine – Matevosyan Wine

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Hobby that has developed into big business 'Matevosyan Wine' (VIDEO)

Tags: BUSINESS, Hobby, Matevosyan Wine

Read more

The ACBA-CREDIT AGRICOLE BANK helped the Sargsyan family from the village of Garni in Kotayk province to solve the problem of apple storage by assisting it in the construction of a refrigerator with the capacity to hold 12 metric tons

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on ACBA-CREDIT AGRICOLE BANK helps the Sargsyan family from Garni to build up their business

Tags: ACBA-Credit Agricole bank, BUSINESS, Garni

Read more

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

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on Armenia to bring bankruptcy procedures in line with requirements of doing business rating

Tags: Armenia, bankruptcy, BUSINESS, rating

Read more

In the first half of 2019, Unibank directed more than AMD 15,5 billion in support for business. The popularity of business loans among entrepreneurs is conditioned by the accessibility of credit funds and the possibility of fast financing, the bank said in a news release. It said representatives of small and medium-sized enterprises get apply for an unsecured loan of up to AMD 5 million with a simplified procedure

Categories: Banks @en, General news, News of the hour | Comments Off on Unibank’s unsecured loans – support for business at the right time

Tags: BUSINESS, support, Unibank, unsecured loans

Read more

It is now much easier and cheaper for legal entities and individual entrepreneurs, who are serviced by the Unistream Bank, to handle settlement and cash services by using the Evotor terminal, the Bank said in a press release today

Categories: Economy @en, General news, News, News of the hour, Новости | Comments Off on Unistream and Evotor offer solution for small business

Tags: BUSINESS, Evotor, UNISTREAM

Read more

The amount of taxes paid in 2017 by Armenia’s SMEs decreased by 2.3% from the previous year to 209.4 million drams, according to a report by the Business Support Office

Categories: Economy @en, General news, News, News of the hour, Новости | Comments Off on Taxes paid by SMEs dropped by 2.3 percent in 2017

Tags: Armenia, BUSINESS, GDP, SME, TAXES

Read more

The idea of attraction of loans in Russian rubles has aroused little enthusiasm among Armenian business people, Arthur Javadyan, head of the Central Bank of Armenia, said Thursday while discussing the 2017 draft government budget with members of the National Assembly

Categories: Banks @en, General news, News | Comments Off on Armenian business people not enthusiastic about idea of attraction of loans in Russian rubles

Tags: Armenia, BUSINESS, LOANS, rubles

Read more

VTB Bank (Armenia) is mapping out now its next three-year strategy in which the focus will be on the retail business, VTB24 Board chairman Mikhail Zadornov said to a news conference today in Yerevan

Categories: Banks @en, Economy @en, General news, News | Comments Off on VTB bank (Armenia) to focus on retail business in its next 3-year strategy

Tags: Armenia, BUSINESS, STRATEGY, VTB Bank (Armenia)

Read more