Friday, March 31 2023,
ArmInfo. Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 30th annual awards for the World's Best Banks. As ArmInfo was told in the press service of the Bank, when selecting the world's top banks, Global Finance considered a range of criteria, including growth in assets, profitability, geographic reach, strategic relationships, new business development, and innovation in products. Other factors for selection included the opinions of equity analysts, credit rating analysts, banking consultants, and others involved in the financial industry throughout the world. This year's awards were given to banks that attended carefully to their customers' needs in difficult markets and accomplished strong results while laying the foundations for future success.
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Friday, March 31 2023,
ArmInfo. Deputy Prime Minister of the Republic of Armenia Mher Grigoryan will take part in the s the International Monetary Fund (IMF) and World Bank Group (WBG) Spring Meetings from April 7 to April 15, 2023 in Washington. According to the official website of the government, the corresponding decision was signed by Prime Minister Nikol Pashinyan.
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Friday, March 31 2023,
ArmInfo. The multifold increase in the inflow of private transfers from Russia to Armenia was accompanied by a sharp increase in their outflow from Armenia to the United States. Thus, in January-February 2023, the inflow of remittances from Russia compared to the same period in 2022increased 7.2-fold, and their outflow to the United States - by 56.4%, and in both cases a significant acceleration of upward rates was recorded from last year's 35 .1% and 15.7%, respectively, in terms of inflow from Russia and outflow to the United States. This is evidenced by the data of the Central Bank of the Republic of Armenia.
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Friday, March 31 2023,
ArmInfo. India hosted the Arrow Indo-Armenian Summit 2023 technology summit, which was held with the aim of bringing together Armenian and Indian entrepreneurs and leaders of the technology ecosystem on one platform to discuss opportunities for deepening bilateral cooperation.
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Friday, March 31 2023,
ArmInfo. For 9 months of 2022, the net inflow of mutual direct investments increased in all EAEU member states, except for Kazakhstan.
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Thursday, March 30 2023,
ArmInfo. Deputy Prime Minister Mher Grigoryan received the director of the International Civil Aviation Organization (ICAO) European and North Atlantic Regional Office, Nicholas Rallo, the press service of the RA government repots. During the meeting, the Deputy Prime Minister presented the current situation in the aviation sector in the Republic of Armenia, the problems and the reforms being implemented in the sector by the Government. Mher Grigoryan informed Nicholas Rallo about the structural changes being made in the aviation field of the Republic of Armenia, the mechanisms introduced aimed at attracting qualified specialists in the field, and the infrastructural programs. The interlocutors also discussed the opportunities for raising the cooperation between the Armenian aviation authorities and the International Civil Aviation Organization to a new level, possible use of technical and financial tools available to ICAO by Armenia, and other issues related to the sector. At the end of the meeting, the interlocutors agreed to intensify the cooperation between the relevant departments and the ICAO.
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Thursday, March 30 2023,
ArmInfo. On 15-17 May 2023, the Eurasian Development Bank (EDB) will host a conference for major investors in infrastructure and ESG projects as well as the meetings of the Association of Development Financial Institutions in Asia and the Pacific (ADFIAP) in Almaty. This is stated in the message of the Bank.
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Thursday, March 30 2023,
ArmInfo. From April 1, new subscribers of "Electric Networks of Armenia" CJSC will have to pay a higher connection pricing. Garegin Baghramyan, chairman of the Public Services Regulatory Commission of the Republic of Armenia, stated this on March 30 in an interview with journalists.
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Thursday, March 30 2023,
ArmInfo. The application for the transaction for the sale of the "MTS Armenia" telecommunications company is under consideration. Garegin Baghramyan, Chairman of the RA Public Services Regulatory Commission, stated this to journalists on March 30.
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Thursday, March 30 2023,
ArmInfo. According to the preliminary estimate of the Motor Insurers' Bureau, as a result of the liberalization of the CMTPL (Compulsory Motor Third Party Liability) market, from April 1, prices will decrease for 56% of car owners who choose the minimum base rate, for 21% they will remain approximately the same, and for 23% they will increase.
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Thursday, March 30 2023,
ArmInfo. A round table discussion was held by ADB Armenia, prior to publication of the Armenia ICT Sector Assessment Report commissioned by ADB. This was reported by the press service of the ADB Armenia on its official Facebook page.
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Thursday, March 30 2023,
ArmInfo. Russian resettlers, whose number in Armenia, according to various sources, is estimated from 80 to 100 thousand people, not only contributed to high "statistical" economic growth and low "estimated" inflation in the country, but also made it possible to significantly strengthen the resources of the Armenian banking system. However, Armenia, having benefited from both people and capital, has appeared under the powerful sanctions lens of the Western countries, which is seriously concerned about the possibility of circumvention of anti-Russian sanctions by countries friendly or neutral to Russia. Armenian banks were immediately warned that they must strictly follow the international regulations against the legalization of proceeds from crime (money laundering) and put up serious barriers to clients' attempts to circumvent anti-Russian sanctions in the course of trading activities. By and large, by March last year, Armenian banks were not ready for such a turn, and therefore they began to actively implement the so-called compliance control and its tough “barrier” tools.
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Wednesday, March 29 2023,
ArmInfo. On March 29, RA Prime Minister Nikol Pashinyan chaired a meeting on economic growth trends and development programs. <According to the data published the day before by the Statistical Committee, Armenia continues to be in a state of high economic activity. We set the task of ensuring economic growth of at least 7% by 2023. I propose to discuss some of the nuances related to economic performance indicators and bring together our upcoming actions in terms of ensuring our goals>, the prime minister said.
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