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Economy
14:42 18/11/2021Armenian government OKs 2021-2026 draft action planThe Armenian government approved the draft action plan for 2021-2026 at a meeting on Thursday. Presenting the draft document at the cabinet meeting, Deputy Prime Minister Mher Grigoryan said the...
18:52 15/11/2021The Armenia-EU Common Aviation Agreement is signedForeign Minister of Armenia Ararat Mirzoyan, European Commissioner for Neighbourhood and Enlargement Olivér Várhelyi, the Foreign Minister of Slovenia Stanislav Raščan, who is currently the Chair of...
12:34 13/11/2021Silicon Mountains Summit on Digital Smart Economy to take place in YerevanThe SILICON MOUNTAINS 2021 International Technological Summit on Digital Smart Economy will be held at the Matenadaran (the Mesrop Mashtots Institute of Ancient Manuscripts) in Yerevan on November 19.
17:38 12/11/2021Converse Bank unveils new business lending productConverse Bank has started private sector financing in cooperation with the European Investment Bank.
18:15 11/11/2021Turkish lira hits new depths near 10 to the dollarThe Turkish lira continued its dive into uncharted territory on Thursday, touching a new low of 9.975 to the dollar after a jump in U.S.
10:08 11/11/2021Elon Musk sells $5bn of Tesla shares after Twitter pollTesla chief executive Elon Musk has sold around $5bn (£3.7bn) of shares in the electric carmaker, BBC News reports.
16:20 10/11/2021Campaign winners of Converse Bank got gold barsConverse Bank has finalized the results of the campaign for Visa cardholders. In joyous and lively atmosphere, the winners were awarded 50 standard gold bars, the bank said in a press release on...
17:15 05/11/2021Tobacco production volumes dropped in ArmeniaIn January-September 2021, the tobacco production volumes dropped by 14.7% in Armenia compared to the same period of 2020, according to the data released by the National Statistical Service (NSS).
19:52 04/11/2021MP Vahe Hakobyan meets with MEP Lars Patrick BergVahe Hakobyan, an MP from the opposition Armenia faction and chairman of the Armenian parliament’s Standing Committee on Economic Affairs, held a meeting with German MEP Lars Patrick Berg in the...
19:54 03/11/2021Direct flights from Tyumen to Yerevan to be operated from NovemberUtair air lines will operate direct flights from Russian city Tyumen to Armenia’s capital Yerevan, the Tourism Committee of Armenia reported.
12:56 03/11/2021Vincent Lehner: I think it’s a good moment to invest in ArmeniaAmeriabank hosted Vincent Lehner, Head of Markets at Symbiotics, during his first post-Covid business trip.
15:03 02/11/2021Central Bank of Armenia leaves refinancing rate unchangedAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at 7.25%, the bank’s press service reported.
18:36 01/11/2021A success story – smart barnA few years ago, a smart barn was established in Ararat region with the support of Converse Bank. As the owners were not thoroughly familiar with this method of cattle breeding, they decided to start...
16:13 01/11/2021Ameriabank has raised $17.5M Tier 2 capitalAmeriabank has signed long-term subordinated loan agreements with total volume of USD 17.5M during recent months, with an option to increase by USD 15M if required.
19:06 29/10/2021Microsoft overtakes Apple as world’s most valuable companyApple Inc lost its crown as the world's most valuable public company to Microsoft Corp on Friday, as the iPhone maker's shares continued their downward slide, Reuters reported.
17:50 28/10/2021Converse Bank: Energy efficient building materials – what you need to know?Converse Bank is one of the leaders in Armenia with its mortgage lending, including energy efficient lending portfolio, offering long-term financing at competitive interest rates.
16:23 28/10/2021Demand for Armenian dried apricots in UK grows strongly in 2021The first half of 2021 saw a 77% increase in the customs value of dried vegetables and fruits export from Armenia against the same period in 2020.
18:23 26/10/2021Ameriabank and HSBC Armenia to provide their customers access to each other’s ATMs without additional feesA new offer for cardholders from Ameriabank CJSC (Ameriabank) and HSBC Bank Armenia CJSC (HSBC Armenia).
17:58 26/10/2021Converse Bank paid coupons for AMD and USD bondConverse Bank has made two coupon payments. On October 15, the coupon of AMD bonds (AMCOVSB28ER6) was redeemed in the amount of 49 million AMD and the coupon of the bonds in USD (AMCOVSB29ER4) was...
17:36 25/10/2021Converse Bank: A success story - Under one roofIn 2018, A1 Group established a Business Center in Shengavit, joining under one roof companies operating in IT, marketing, accounting and other spheres, Converse Bank reported.