ArmInfo.

ArmInfo.

ArmInfo.  As of October 1, 2024, the plastic card market in Armenia had 3.964 million cards, indicating an annual growth of 11%. Over the past three years, the  number of microprocessing cards with an NFC chip has increased by 2.4  times, with an annual growth of 22.4%. The total number of these  cards now exceeds 3 million, accounting for 76.4% of all cards in  circulation. This is evidenced by data from the Central Bank of the  Republic of Armenia. 

ArmInfo.

ArmInfo.

ArmInfo. On December 12, at a  regular meeting, the Armenian government approved the draft law .

ArmInfo. Deputy Prime  Minister Mher Grigoryan represents Armenia at the meeting of the  heads of government of the CIS and the EAEU countries.

ArmInfo. On December 12, at a  government meeting, the Cabinet of Ministers of Armenia approved a  proposal to sign a grant agreement between the Republic of Armenia and the Asian Development  Bank>.

ArmInfo. According to EEC press service, Ruslan Davydov, the Minister in charge for Customs Cooperation of the Eurasian Economic Commission, took part in a meeting discussing the development of customs checkpoints' infrastructure. The meeting was held under the leadership of Mikhail Mishustin, the Chairman of the Russian Government.

ArmInfo.

ArmInfo. An event marking the official launch of the Capital Market Support Program was held in Yerevan, attended by the Deputy Minister of Economy of Armenia, Sevak Mikaelyan.  As reported by the press service of the Ministry of Economy of Armenia, the program aims to enhance the country's capital market and assist corporate companies in issuing bonds and shares. The program is being implemented by the European Bank for Reconstruction and Development (EBRD) with the support of the Ministry of Economy of the Republic of Armenia. The project is funded by the European Union.  Consulting firms Galt & Taggart and Ameria are also involved in the implementation of the project.  "The project aims to raise awareness of capital markets, improve access to them for specific companies and co-finance the costs of attracting financing from the capital market," the Ministry added.

ArmInfo. Converse Bank and the International Finance Corporation (IFC) are collaborating to enhance access to finance for small and medium-sized enterprises in Armenia. As part of this partnership, IFC will provide an unfunded risk sharing facility that covers 50% of the credit risk on a loan portfolio of US$ 10 million equivalent, enabling Converse Bank to expand its lending capabilities to SMEs.

ArmInfo.

ArmInfo.

ArmInfo. 4,479,792 AMD: this is the amount accumulated through "The Power of One Dram" initiative during the month of November, which has been transferred to the Armenia Tree Project (ATP) charitable foundation for its "Backyard Nurseries" program.  This program supports 113 village residents, helping them establish nurseries on their own land. The funds raised through "The Power of One Dram" will be used to purchase the planting material grown in these nurseries, which will then be planted for afforestation efforts.

ArmInfo. The EventHub.am platform, developed by  Dinno,  a subsidiary of Ameriabank's, is broadening its offerings.  From now on, EventHub.am provides a simpler and more convenient  solution for purchasing tickets to various events. This is noted in a  message fromAmeriabank, stating that next year, Eventhub will also be  accessible in Ameriabank's MyAmeria app, providing enhanced solutions  and various benefits to the bank's clients.  Currently, the  EventHub.am platform features over 300 events across more than 10  categories, including concerts, theater, children's events, stand-up  comedy, sports, etc. Does EventHub.am provide numerous discounts to  Ameriabank cardholders? Currently, when paying with Ameriabank cards,  a 5% cashback is available for all events on the platform, and for  some events, a 15-25% discount is provided with a promo code.

ArmInfo. Solving problems  in the South Caucasus region requires a comprehensive approach, and  in this sense, economic cooperation is an important tool for  maintaining international peace and security. Alen Simonyan, the  Chairman of the National Assembly of the Republic of Armenia, made  this statement while addressing the General Assembly of the  Parliamentary Assembly of the Black Sea Economic Cooperation.

ArmInfo. In January-November 2024, 2.08 million tourists visited Armenia, which is 5.4% lower than the same period last year.

ArmInfo. The rescue service  of the Ministry of Internal Affairs reports that as of the morning of  December 11, there is a closed road on the territory of the Republic  of Armenia.

ArmInfo.