ArmInfo.On September 2, IDBank hosted the presentation of the Visa Platinum Business card. This type of card is presented in Armenia for the first time: it replaces payment cards for business, providing customers with many benefits.

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ArmInfo.On September 08, 2022, ARARATBANK OJSC will issue the second USD-denominated tranche in 2022 on the following terms:

ArmInfo. Fitch Ratings has affirmed Armenia's Long-Term Foreign- Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook.  A full list of rating actions  is at the end of this rating action commentary. This was reported on  the Fitch Ratings website.

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ArmInfo. A meeting took place between Deputy Chairman of SRC Ashot Muradyan and newly-appointed Consul General of Iran in Kapan Abedin Varamin. 

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ArmInfo. Iran is ready to set up a car production line in Armenia in order to use there as an export platform for the products to other member countries of the  Eurasian Economic Union, https://iranpress.com/ reports. 

ArmInfo.The World Bank (WB) will issue a $26.5mln loan to Armenia. The loan agreements were signed on March 15 and 18. 

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ArmInfo.According to the Asian Banking & Finance Wholesale and Retail Banking Awards 2022 annually held by Asian Banking & Finance, an international business publication, Ardshinbank was recognized as the Best Retail Bank of the Year in Armenia for the third consecutive time.

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ArmInfo. In H1 2022, Armenia significantly increased the export of polished diamonds  (2.1-fold) up to 715.2 thousand carats, while their customs value  increased 2.8-fold to $134.1 million. This is evidenced by the data  of the RA Customs Service.

ArmInfo. In H1 2022, Armenia exported 2,514.8 kg. gold (including electroplating), which  is 76% higher than a year ago. The customs value of exported gold  also increased significantly - by 75%, amounting to $93.9 million.  This is evidenced by the data of the RA Customs Service.

ArmInfo.Yerevan hosted an Armenian-Iranian business forum, which was attended by  representatives of the business segment and the Chamber of Commerce  and Industry of East Azerbaijan Province of the Islamic Republic of  Iran (IRI), headed by its governor. The Iranian business delegation  was represented by entrepreneurs operating in the food industry,  dairy production, footwear, building materials, carpet weaving, etc.

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