ArmInfo.

ArmInfo. Armenia's gross international reserves increased in January- April 2021 by 14.3% or by $ 375.1 million, amounting to $ 2.991 billion, as evidenced by the  data of the Central Bank of Armenia.

ArmInfo. In 2020, Armenia ensured macroeconomic stability with the application of institutional approaches to fiscal and monetary policy, Acting Head of the RA  Ministry of Finance Atom Janjughazyan stated on June 1. Preliminary  discussions of the annual report "On the execution of the state  budget of the Republic of Armenia for 2020" began today in the  Armenian parliament.

ArmInfo.Converse Bank announces the launch of another campaign within the framework of cooperation with Visa International Payment System. As part of the campaign, from June 1 to August 31, 2020, the Bank Visa cardholders will accumulate "golden" points for each non-cash transaction. Valuable gifts will be awaiting to the customers who have accumulated the most golden points, in particular:

ArmInfo. The delegation of the  General Prosecutor's Office of Armenia headed by General Prosecutor  Artur Davtyan was sent to the northern capital of the Russian  Federation - St.  Petersburg from June 2 to June 5, the official  website of the RA government reports.

ArmInfo.A few days ago, the IDBank “Center” branch hosted the AmCham Be My Guest event. Member organizations of the American Chamber of Commerce in Armenia visited the flagship branch of the Bank, where a tour was organized for the guests, the concept of a modern bank was presented, as well as the new banking culture that IDBank provides to its clients.

ArmInfo. The risks of an outflow of funds against the background of the crisis, associated with the uncertainty of the timing of overcoming the coronavirus pandemic, and domestic and foreign policy shocks, predetermined the steps of the  Central Bank of Armenia to take early proactive measures to  neutralize short-term and long-term shocks of liquidity of the  financial system.  As part of these measures, the Central Bank of  Armenia is introducing new prudential liquidity ratios recommended by  Basel III - short-term (LCR - Liquidity Coverage Ratio) and long-term  (NSFR - Net Stable Funding Ratio). Corresponding additions have  already been made to Regulation 2 of the Central Bank of the Republic  of Armenia "On regulation of banking activities and applied economic  standards". 

ArmInfo.Converse Bank, together with its partners, is launching a traditional campaign on the eve of the International Children's Day.

ArmInfo.On June 1st, a Memorandum of Understanding establishing relations between the California Governor's Office of Business and Economic Development  "GO-Biz" and Impact Hub Yerevan will be signed and go into effect. 

ArmInfo.

ArmInfo.Armenia is revising the deadline for completing the construction of the Vedi reservoir. On May 27, the Armenian government approved a proposal to amend the loan  agreement with the French Development Agency (AFD) on the timing of  construction work and the use of loan funds.

ArmInfo.

ArmInfo. The Central Bank of Armenia forecasts a slow recovery in aggregate demand and economic activity in 2021, governor of the Central Bank of Armenia (CBA) Martin Galstyan stated, speaking in the Armenian parliament.

ArmInfo.In the regions of Armenia, in April 2021, 3,088 real estate purchase and sale transactions were carried out (or 68.2% of the total number of such transactions in the  republic).

ArmInfo.

ArmInfo.Ardshinbank has become a partner of Olympicos, a new Armenian animated movie. The movie has been created jointly by Sahakyants Animation Studio and Sharm Holding.

ArmInfo.

ArmInfo.

ArmInfo.On May 26, the Armenian parliament adopted a bill on amending the law "On State Duty", which proposes to establish a customs duty on the import of cement from  Iran and other countries to Armenia in the amount of 14 thousand  drams per ton, and 2 thousand drams per ton of clinker.

ArmInfo.