Fast Bank receives Mastercard membership license

Fast Bank receives Mastercard membership license

February 15, 2024 - 13:55 AMT  09:55 GMT
Fast Bank has received a license to issue and acquirer Mastercard cards.
Armenia’s Minister of Economy announces resignation

Armenia’s Minister of Economy announces resignation

February 14, 2024 - 16:19 AMT  12:19 GMT
Armenia’s Minister of Economy Vahan Kerobyan announced his resignation on February 14.
How to celebrate love days? A piece of advice from Idram and IDBank

How to celebrate love days? A piece of advice from Idram and IDBank

February 12, 2024 - 12:07 AMT  08:07 GMT
Regardless of which team you are in -- celebrating Terendez or Valentine's Day -- you still need to plan where you are going to celebrate.
Visa Travel card: Your best friend on the road

Visa Travel card: Your best friend on the road

February 8, 2024 - 14:35 AMT  10:35 GMT
By ordering the card through the Idram&IDBank app, you will receive a 20% discount on the service fee for the first year.
In 2023, Russian citizens registered 891 companies in Armenia

In 2023, Russian citizens registered 891 companies in Armenia

January 31, 2024 - 17:15 AMT  13:15 GMT
Russian citizens registered 891 companies in Armenia in 2023, Sputnik Armenia reports citing the country’s Ministry of Justice.
Idplus Digital Fuel Cards: Everyone makes a plus

Idplus Digital Fuel Cards: Everyone makes a plus

January 29, 2024 - 15:54 AMT  11:54 GMT
Digital fuel cards are already available at a number of filling stations.
Ameriabank is the Largest Taxpayer Among Armenian Banks

Ameriabank is the Largest Taxpayer Among Armenian Banks

January 26, 2024 - 18:23 AMT  14:23 GMT
Ameriabank is the largest taxpayer among Armenian banks for the sixth year in a row.
Wildberries now 6th biggest taxpayer in Armenia

Wildberries now 6th biggest taxpayer in Armenia

January 26, 2024 - 16:09 AMT  12:09 GMT
Russian online retailer Wildberries is among the biggest taxpayers in Armenia, having paid AMD 36.5 billion in taxes throughout 2023.
Armenia income-generating jobs up by 5.3%, data shows

Armenia income-generating jobs up by 5.3%, data shows

January 26, 2024 - 15:34 AMT  11:34 GMT
The number of income-generating jobs was 741,726 in Armenia in December 2023, the State Revenue Committee reports.
Armenia-UAE trade turnover reached $2.8 billion in 2023

Armenia-UAE trade turnover reached $2.8 billion in 2023

January 25, 2024 - 16:40 AMT  12:40 GMT
Trade turnover between Armenia and the United Arab Emirates reached $2.8 billion at the end of 2023.
IDBank’s Davtashen Branch waiting for customers after renovation

IDBank’s Davtashen Branch waiting for customers after renovation

January 23, 2024 - 16:19 AMT  12:19 GMT
The Davtashen branch was reopened at 11/91, Davtashen 4th district.
Armenia to invest $37M to built dry port

Armenia to invest $37M to built dry port

January 17, 2024 - 13:51 AMT  09:51 GMT
Armenia has approved the establishment of a dry port in Shirak Province, with the government set to invest $37 million in the project.
Armenia, India agree to boost trade, industrial ties

Armenia, India agree to boost trade, industrial ties

January 12, 2024 - 13:47 AMT  09:47 GMT
Armenia and India have agreed to boost trade and industrial relations, according to Economy Minister Vahan Kerobyan.
Armenia’s economic activity for Jan - Nov up 9.4% year-on-year

Armenia’s economic activity for Jan - Nov up 9.4% year-on-year

December 25, 2023 - 14:43 AMT  10:43 GMT
Armenia's economic activity in the first 11 months of 2023 was up 9.4% against January-November 2022.
Ucom, SunChild NGO team up to launch solar plant in Rind

Ucom, SunChild NGO team up to launch solar plant in Rind

December 14, 2023 - 18:11 AMT  14:11 GMT
A solar plant was installed in the local kindergarten to heat the building with electricity obtained from the sun's rays.
Moody's upgrades IDBank's long-term deposit ratings to B1, changes outlook to stable from positive

Moody's upgrades IDBank's long-term deposit ratings to B1, changes outlook to stable from positive

December 14, 2023 - 10:59 AMT  06:59 GMT
Moody's Investors Service ("Moody's") has upgraded IDBank's long-term local and foreign currency bank deposit ratings to B1 from B2.
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