ArmInfo. Telecom Armenia (TM Beeline) together with the Armenian office of the British Council and the Ministry of Education, Science, Culture and Sports have summed up the results of the pilot project "Coding Skills: Linking the Present  and the Future".  

ArmInfo.

ArmInfo.The Armenian Stock Exchange (AMX) has once again, for the third time, been recognized as the "Best Stock Exchange in the South Caucasus" by the Global Banking and Finance Review magazine.

ArmInfo.The World Bank (WB) has improved Armenia's projected GDP growth for 2021 to 3.4% (from the previous 3.1%), with an acceleration in 2022 to 4.3%, against an actual decline of 7.6% in 2020.

ArmInfo.The Central Bank of Armenia forecasts an increase in the net inflow of private transfers in the range of 7-9% for 2021.

ArmInfo. On April 6, Ardshinbank will put up for sale a tranche of registered, coupon, non-documentary AMD and dollar bonds in the amount of 3.3 billion AMD and $10  million. According to the issue prospectuses posted on the Central  Bank's website, the initial placement of the dram tranche is  scheduled to be completed on June 11, and the dollar tranche-on  September 16.

ArmInfo.. Ameriabank got Quality Excellence Award 2020 (Straight-Through Processing Quality Award) for high quality of intenational money transfers, the press service of Ameriabank told ArmInfo. The award ceremony was organized by the  Austrian Raiffeisen Bank International.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. In 2021, the growth of the mortgage market will be recorded in Armenia, mainly due to the growth of lending for the purchase of real estate. This hope was  expressed by the Chairman Union of Banks of Armenia, Chairman of the  Ardshinbank Management Board  Artak Ananyan.

ArmInfo.Most likely, in 2021, the fight against the consequences of the “coronacrisis”  will continue, since, apparently, the pandemic is not going to recede yet.   This opinion was expressed by the Chairman of the Union of Banks of  Armenia, Chairman of the Board of Ardshinbank Artak Ananyan.

ArmInfo.The share of non-performing loans in the Armenian banking system may grow in the foreseeable future to 10% from the current 6.6%, but the banks ' reserves are sufficient to cover losses at the expense of capital. This forecast was made by the Chairman of  the Union of Banks of Armenia, Chairman of the Board of Ardshinbank Artak Ananyan,  noting that not only the banking system as a whole, but also each  bank individually, has a sufficient capital buffer to ensure  stability.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.Fitch Ratings confirmed the long-term default rating of the Emitent (EDR) of Armenia in foreign currency at the level of "B +" with a stable forecast. This  is stated in the message posts on the site.

ArmInfo. In the near future, harsh fluctuations are not expected, but if the recovery of the economy will require a longer time, then a small increase in the exchange  rate and profitability of securities is possible. Such a forecast in  an interview with Arminfo gave the General Director of the company  "Capital Asset Management" Alik Arakelian, noting that, nevertheless,  this growth will be manageable.  

ArmInfo.In 2020, 580 subvention programs worth 26.2 billion drams were implemented in Armenia, Minister of Territorial Administration of the country Suren Papikyan said at a government meeting. He informed the head and members of the  government that from this amount the share of state budget accounted  for 14.3 billion drams.

ArmInfo. In 2020, the Armenian economy sagged significantly due to the military conflict in Karabakh, as a result, the pace of recovery will not be very fast.