All news related to COVID 19

Union of Banks of Armenia: Biggest risk in country’s banking sector is uncertainty amid COVID-19

27.05.2020 15:29

Union of Banks of Armenia: Biggest risk in country’s banking sector is uncertainty amid COVID-19

YEREVAN, May 27. /ARKA/. The biggest risk in the banking system of Armenia and beyond it today is the uncertainty due to the new coronavirus, Seyran Sargsyan, the executive director of the Union of Banks of Armenia (UBA) told reporters at an online press conference on Tuesday.

In his words, the biggest risk today is uncertainty, because the duration of the economic slowdown is not known as well as impacts of these processes. It is also not known what the consequences will be for customers, he said.

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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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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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Union of Banks of Armenia urges everybody to refrain from speculation about banking system amid covid-19

20.04.2020 14:58

Union of Banks of Armenia urges everybody to refrain from speculation about banking system amid covid-19

The Union of Banks of Armenia, in its statement released on Monday, urges everybody to refrain from speculation about the country’s banking system amid the spread of the coronavirus COVID-19

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Armenian central bank working in operational management mode amid COVID 19

16.04.2020 15:22

Armenian central bank working in operational management mode amid COVID 19

The Central Bank of Armenia is in the operational management mode now and is analyzing scenarios of the development of the situation related to the coronavirus in order to be as ready as possible for any events, Martin Galstyan, a member of the central bank’s board, said Thursday speaking at the National Assembly as a candidate for central bank chairman. Martin Galstyan is My Step faction’s nominee

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Over AMD 2.3 billion earmarked in Armenia for lessening COVID 19 negative impacts

07.04.2020 12:48

Over AMD 2.3 billion earmarked in Armenia for lessening COVID 19 negative impacts

As part of the government’s nine programs to overcome the economic and social consequences of the coronavirus, Armenia has distributed 2.353 billion drams as of April 5, Armenian Prime Minister Nikol Pashinyan said on Tuesday

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Armenian government allocates $ 550,000 for local production of COVID 19

07.04.2020 10:05

Armenian government allocates $ 550,000 for local production of COVID 19

The Armenian government will provide $ 550,000 to the Institute of Molecular Biology to organize local production of tests for the detection of the coronavirus, Armenian Prime Minister Nikol Pashinyan said on Monday, answering questions from citizens live

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Former economy minister forecasts how long COVID 19 situation will last in Armenia and how many people will be infected

06.04.2020 14:40

Former economy minister forecasts how long COVID 19 situation will last in Armenia and how many people will be infected

Armenia is currently in the stage of spreading a new type of coronavirus, but, unlike Russia, it is closer to the end of this stage, Armen Yeghiazaryan, Associate Professor of the Department of Economic Theory and Problems of Transition Economics of the Russian-Armenian University and Former Minister of Economy of Armenia, said in his article “Analysis and Forecast of the Spread of Coronavirus in the World as of April 2, 2020,” posted on the university’s website. “As of April 3, the incidence rate in Armenia was 248 people per million people,” he said

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Over $ 1.62 million transferred to special account for combating COVID 19 in Armenia

02.04.2020 11:46

Over $ 1.62 million transferred to special account for combating COVID 19 in Armenia

As of 18:00, April 1, the special account, opened to facilitate the fight against coronavirus in Armenia, has received 822.5 million drams (around USD 1.62 million), the press service of the Armenian government reports with the reference to the finance ministry’s figures

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$ 1.6 million received on special account for combating COVID 19 in Armenia

01.04.2020 14:13

$ 1.6 million received on special account for combating COVID 19 in Armenia

As of 18:00, March 31, the special account, opened to facilitate the fight against coronavirus in Armenia, has received 3,051 payments totaling about 813.1 million drams (about $ 1.6 million), the press service of the Armenian government reports with the reference to the finance ministry’s figures

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