All news related to financing

Armenia to stop taking loans for financing its budget deficit - finance ministry

12.12.2019 14:49

Armenia to stop taking loans for financing its budget deficit - finance ministry

YEREVAN, December 12. /ARKA/. In 2020, Armenia will stop taking loans for financing its budget deficit, Armenian Deputy Finance Minister Armen Hayrapetyan said Thursday at an extraordinary session of the National Assembly.

In his words, the ratio of Armenia's debt to GDP is narrowing faster that expected, and if the budget deficit will be served properly, this will be a positive factor, which will produce a good result.

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IBEC provides of €3.5 million to Ardshinbank as pre-export financing

25.10.2019 18:51

IBEC provides of €3.5 million to Ardshinbank as pre-export financing

For the first time, Ardshinbank has implemented a trade finance deal with the International Bank for Economic Cooperation (IBEC) under the General Financing Agreement signed in September 2019, the press office of Ardshinbank reported on Friday

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Central bank presents report on fighting money laundering and financing of terrorism

30.05.2018 18:23

Central bank presents report on fighting money laundering and financing of terrorism

The Financial Monitoring Center (FMC) of Armenia’s Central Bank said it had received 232,635 reports in 2017 on cash transactions exceeding the legal requirement of 5 million drams, up from 206,065 reports in 2016

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ACBA Leasing offers financing for purchase of Mercedes Benz cars

27.03.2018 17:04

ACBA Leasing offers financing for purchase of Mercedes Benz cars

The ACBA Leasing company offers financing for the purchase of Mercedes Benz cars on favorable terms. The company said in a news release that the models of Mercedes Benz commercial vehicles were presented by Avangard Motors

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IFC arranges $140 million in financing to boost clean energy supplies in Armenia

07.02.2017 19:11

IFC arranges $140 million in financing to boost clean energy supplies in Armenia

IFC, a member of the World Bank Group, said it has arranged a landmark $140 million financing package for the Vorotan Hydropower Cascade, one of Armenia’s main power generating facilities, to bolster the country’s supply of clean energy

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EDB, ADB to finance projects of $3 billion total cost in Armenia, Kyrgyzstan, Kazakhstan and Tajikistan

11.05.2016 16:03

EDB, ADB to finance projects of $3 billion total cost in Armenia, Kyrgyzstan, Kazakhstan and Tajikistan

The Eurasian Development Bank and the Asian Development Bank will finance a number of projects of $3 billion total cost in Armenia

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VTB bank (Armenia) finances rehabilitation therapy for 60 children with cerebral palsy

06.05.2016 14:19

VTB bank (Armenia) finances rehabilitation therapy for 60 children with cerebral palsy

VTB Bank (Armenia) has financed rehabilitation therapy for 60 children from poor families with cerebral palsy (CP), the bank’s press service reported today

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ArmSwissbank to start providing pre-export financing

25.03.2016 15:45

ArmSwissbank to start providing pre-export financing

ArmSwissbank will start providing pre-export financing, which is a new instrument introduced by Export Insurance Agency of Armenia

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VTB Bank (Armenia) finances construction of strawberry greenhouse in Kotayk province

20.11.2015 17:19

VTB Bank (Armenia) finances construction of strawberry greenhouse in Kotayk province

VTB Bank (Armenia) said today it had provided funding to Strawberry Field company for the construction of a modern energy-saving greenhouse in the village of Nor Geghi in central Kotayk province

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National Mortgage Company presents new brand of social housing energy efficiency financing program

29.01.2015 18:26

National Mortgage Company presents new brand of social housing energy efficiency financing program

Armenia’s National Mortgage Company (NMC)has presented today the new brand of social housing energy efficiency financing program, “Jerm Ojakh” (Warm Home)

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