ArmInfo.

ArmInfo. Moody's Investors Service ("Moody's") upgraded Ameriabank’s Baseline Credit Assessment (BCA) to ba3 from b1 and affirmed the bank’s long-term deposit ratings at Ba3. The rating agency also changed the outlook on the Ba3 long-term deposit ratings to stable from negative.

ArmInfo.

ArmInfo. Armenia is one of the  leading countries in the world in the number of solar systems  installed. Minister of Territorial Administration and Infrastructures  Gnel Sanosyan stated this at a government meeting.

ArmInfo. Moody's, the global credit rating agency, has upgraded the Ardshinbank's Baseline Credit Assessment (BCA) to ba3 from b1 and affirmed its long-term deposit ratings at Ba3. Additionally, the outlook on the Ba3 long-term deposit has been changed from negative to stable.

ArmInfo. The Armenian government  has determined certain areas of social spending, the size, the circle  of family members, according to which a person will be able to claim  a refund of a certain amount from the income tax paid by him within  the framework of the Universal Declaration of Income. The  corresponding draft decision was approved on June 29 at a Cabinet  meeting.

ArmInfo.

ArmInfo. On August 1, the gas  tariff for consumers will remain unchanged. Garegin Baghramyan,  Chairman of the Public Services Regulatory Commission (PSRC) of the  Republic of Armenia told journalists on June 29.

ArmInfo. In Armenia, the  housing stock is replenished annually with 300-400 thousand square  meters, but in our expectations, the rates should be at least 10  times higher.  RA Minister of Economy Vahan Kerobyan expressed a  similar opinion in an interview with the Public Television of  Armenia.

ArmInfo. Negotiations on the  construction of a copper-smelting cluster in Armenia are going in  several directions. Minister of Economy Vahan Kerobyan stated in an  interview with the Public Television of Armenia.

ArmInfo. Moody's upgraded Converse  bank's BCA to b1 from b2 and affirmed the bank's long-term deposit  ratings at B1. The rating agency also changed the outlook on the B1  long-term deposit ratings to stable from negative.  This is stated in  the message of Converse Bank,

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. According to a revised  forecast by the Central Bank of Armenia (CBA), 6.9% GDP growth is  expected this year against the previously forecast 5.8% (against the  actual 12.6% growth in 2022), with a further slowdown to 5.5% in  2024. 

ArmInfo. Armenia continues recording high economic growth, Armenia's Premier Nikol Pashinyan stated at a Cabinet meeting on June 29.

ArmInfo. Heavy repair of the road running to the Armenian- Georgian border has got under way in Armenia, the Road Department Fund reports.

ArmInfo. On June 28, ARARATBANK  OJSC started payment of dividends to shareholders, directing AMD 5  billion ($12.7 million) from the net profit of AMD 13.2 billion  ($33.5 million) received for 2022. The remaining AMD 8.2 billion  ($20.8 million) remain at the disposal of the Bank and will be  directed to its development. This decision was made at the General  Annual Meeting of ARARATBANK Shareholders held on June 27.

ArmInfo. The first national airline of Armenia, FLYONE ARMENIA, has started operating flights on the Yerevan-Tivat-Yerevan route since June 27. This is stated in the message of the air carrier.