ArmInfo.Ardshinbank signed $ 20 million loan facility from Luxembourg-based funds managed by responsAbility Investments AG. The funds will be used to increase the loan portfolio of the bank and, in particular, to support small and medium-sized enterprises.

ArmInfo.“The power of One dram” has summed up the next program: during 2 months IDBank and Idram have gathered AMD 3 603 291 by transferring 1 dram for each payment of their clients. The amount will be donated to the Insurance foundation for servicemen.

ArmInfo. The Eurasian Fund  for Stabilization and Development (EFSD) does not exclude the need  for additional financing of budget expenditures of the Republic of  Armenia. Executive Director of the Project Block at the EFSD Andrey  Shirokov announced this on December 4.

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ArmInfo. In the consumer market  of Armenia in January- November 2020, inflation was recorded at 0.3%,  against deflationary 0.5% in the same period of 2019. This was  provoked by an increase in tariffs for services by 1.4%, a rise in  prices for non-food products by 1%, while prices for food products  (including alcohol and cigarettes) fell by 0.9%. According to the  Statistical Committee of the Republic of Armenia, in y-o-y terms  (compared to January-November 2019), the consumer market recorded  inflation of 1% (against inflationary 1.5% a year ago), which was  facilitated by the same rise in prices of food and non-food products  by 0.8% and an increase in tariffs for services by 1.3%. The average  monthly rise in prices on the consumer market amounted to 0.03% in  January- November 2020, against a 0.05% decline a year earlier.

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ArmInfo.The Banker magazine, the world's leading financial publication and part of the Financial Times, named Ameriabank the Bank of the Year in Armenia at its 21st  Annual Awards in London.

ArmInfo. Within three years, Team Telecom will create an additional 800 jobs as a result of the deal with VEON Armenia and the development of a new strategy. Co-  founder of Team Telecom Hayk Yesayan said this at a press conference  on December 3, answering a question from an ArmInfo correspondent.

ArmInfo. Finally we will have a primordially Armenian national telecom operator, owned by the citizens of Armenia are speaking. Co-founder of the new  lecommunications company Team Telecom, one of the owners of VEON  Armenia Hayk Yesayan stated this at a press conference on December 3.

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ArmInfo.Photovoltage industrial power plant "Ayg-1to be built in Talin and Dashtadem  communities of Aragatson region of Armenia ". At the meeting on  December 3, the RA government approved the list of companies that  passed prequalification, the composition of the tender committee and  the invitation to participate in the tender.

ArmInfo.On December 7, Ameriabank will start placing the next registered, coupon and non-documentary bonds - AMD 5 bln and USD 15 mln. This is indicated  in the issue prospectuses of these issues posted on the website of  the Central Bank of Armenia, according to which the placement is  planned to be completed on February 19, 2021.

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ArmInfo. The roadmap of measures to form a common exchange space is divided into 7 stages and will be implemented until 2030. Assistant to the Chairperson of the  Board of the Eurasian Economic Commission (EEC) Iya Malkina,  announced this on December 2 during a briefing. She noted that the  roadmap provides for the development of several international  treaties. Referring to the statements of  EEC Minister for Economy  and Financial Policy 

ArmInfo.The agenda of the upcoming meeting of the EAEU Intergovernmental Council, which will be held on December 4 via videoconference with the participation of the heads of government of the Union countries, includes 9 issues.  Assistant to the Chairperson of the Board of the Eurasian Economic  Commission (EEC) Iya Malkina, announced this during a briefing on  December 2.

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ArmInfo.A group of quick response to business problems will be formed in the National Assembly of Armenia. This was announced on December 2 at a meeting of the  parliamentary commission on economic issues, chairman of the  commission Babken Tunyan.