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Armenia moves to ban foreign currency home loans

Armenia moves to ban foreign currency home loans

March 22, 2023 - 13:02 AMT  09:02 GMT
The National Assembly has approved amendments to the law, which were submitted by lawmaker Gevorg Papoyan from the ruling Civil Contract party.
FlyOne Armenia launching direct Yerevan-Larnaca flights from May

FlyOne Armenia launching direct Yerevan-Larnaca flights from May

March 21, 2023 - 13:04 AMT  09:04 GMT
According to the announcement, the flights will be operated three times a week – on Tuesdays, Thursdays and Saturdays.
Team Group of Companies acquires Grand Hotel Yerevan

Team Group of Companies acquires Grand Hotel Yerevan

March 14, 2023 - 16:00 AMT  12:00 GMT
Team Group of Companies has recently become the new owner of Grand Hotel Yerevan.
First Doing Digital Forum will be held in Yerevan

First Doing Digital Forum will be held in Yerevan

March 13, 2023 - 18:34 AMT  14:34 GMT
The first Doing Digital - Exploring Digital Future Forum will be held in Yerevan on April 5.
Armenia: February tourist arrivals higher than pre-pandemic levels

Armenia: February tourist arrivals higher than pre-pandemic levels

March 11, 2023 - 12:14 AMT  08:14 GMT
Over 130,000 tourists arrived in Armenia in February 2023 – almost twice as much as in February 2022.
Welcome to the ID booth. Idram and partners at DigiTec

Welcome to the ID booth. Idram and partners at DigiTec

March 10, 2023 - 16:49 AMT  12:49 GMT
Idram, IDBank, idplus loyalty system, Idram Junior financial app and IDBusiness platform will be presented at ID booth.
IDBank participanting in DigiTec Expo

IDBank participanting in DigiTec Expo

March 10, 2023 - 15:43 AMT  11:43 GMT
IDBank is taking part in the DigiTec Expo exhibition, presenting its products in a joint booth with Idram.
Indian company opening diamond cutting plant in Armenia

Indian company opening diamond cutting plant in Armenia

March 3, 2023 - 16:06 AMT  12:06 GMT
The Indian company VDA Diamonds is preparing to open a diamond cutting plant in the town of Abovyan.
Ameriabank doubles SME portfolio over five years

Ameriabank doubles SME portfolio over five years

March 3, 2023 - 11:50 AMT  07:50 GMT
Ameriabank's SME loan portfolio amounted to AMD 163.6 billion as of December 31, 2022, representing a double increase over the last five years.
UK spent years lobbying for Armenian goldmine; Now Russia is funding it

UK spent years lobbying for Armenian goldmine; Now Russia is funding it

March 2, 2023 - 12:04 AMT  08:04 GMT
The Eurasian Development Bank is now committed to investing $100m in the Amulsar gold mine in Armenia.
Your first financial app: Idram Junior is already a reality

Your first financial app: Idram Junior is already a reality

February 27, 2023 - 15:29 AMT  11:29 GMT
The application was launched in Yerevan Park with a grand and luxurious event, which was attended by many chikdren aged16 years and younger.
EBRD forecasts 4% GDP growth for Armenia in 2023

EBRD forecasts 4% GDP growth for Armenia in 2023

February 17, 2023 - 16:59 AMT  12:59 GMT
Armenia’s economy is expected to grow by 4% in 2023 and 4.8% in 2024, the European Bank for Reconstruction and Development says.
Byblos Bank Armenia celebrates 15th anniversary

Byblos Bank Armenia celebrates 15th anniversary

February 15, 2023 - 13:37 AMT  09:37 GMT
Byblos Bank Armenia is celebrating its 15th anniversary this year alongside customers, partners, and colleagues.
The Power of One Dram to benefit Artsakh in February, March

The Power of One Dram to benefit Artsakh in February, March

February 10, 2023 - 11:31 AMT  07:31 GMT
In February and March 2023, "The Power of One Dram" will support a project to install solar water heaters in Artsakh.
Armenia on global financial and economic map: Where to start?

Armenia on global financial and economic map: Where to start?

February 9, 2023 - 10:56 AMT  06:56 GMT
Amundi-Acba brought together the leaders Armenian different sectors at Amundi-Acba Economic Forum 2023.
Ameriabank provided over AMD 14B worth of loans to renewable energy sector

Ameriabank provided over AMD 14B worth of loans to renewable energy sector

February 7, 2023 - 15:33 AMT  11:33 GMT
In the past two years, Ameriabank has loaned over AMD 14 billion to the renewable energy sector.
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