ArmInfo.The Black Sea Trade and Development Bank (BSTDB) granted Ardshinbank the fifth loan in the amount of $ 20 million to finance small and medium enterprises (SMEs) in Armenia. This deal demonstrates the close partnership between the  two banks and their common goal is to support the development of the  SME sector, Ardshinbank said in a statement.

ArmInfo.

ArmInfo.

ArmInfo. Tomorrow at a government meeting, we will consider a package on the provision of large-scale assistance to agriculture and business.  Prime Minister of Armenia Nikol Pashinyan stated this from the rostrum of the parliament.

ArmInfo. Armenia is discussing within the EAEU a temporary ban on grain exports introduced in Russia in connection with the situation with coronavirus. On March 25,  Deputy Prime Minister Mher Grigoryan announced this from the rostrum  of the parliament.

ArmInfo.Moody’s Investors Service international credit rating agency has published its credit opinion update on Converse Bank on March 25, 2020.

ArmInfo. In Armenia in January-February 2020, economic activity increased by 8.7% compared to the same period in 2019, against previous year's 6.5% growth.   According to preliminary data of the RA Statistical Committee, y-o-y  growth was provoked to a greater extent by the industrial sector and  the energy complex.

ArmInfo.The "Spayka" company engaged in cargo transportation, alarms that the issue of transit through the territory of Georgia remains unresolved.

ArmInfo. As part of the livestock development program for 2019-2024, 159 cattle were imported into Armenia. As the press service of the Ministry of Economy of the  Republic of Armenia reports, in total, within the framework of this  program, financial institutions provided 406 million drams for the  purchase of 315 heads of pedigree cattle.

ArmInfo.The Central Bank of Armenia revoked the license of the Universal Credit Company "VARX AM" ("VARKS AM" UKK) for failure to comply with the minimum capital requirement.

ArmInfo.The Central Bank of Armenia condemns the attempts of public pressure from various citizens on financial institutions. As stated in the official  statement of the Central Bank of the Republic of Armenia, the  relationship between the creditor and the subject of lending is fixed  by the contract and regulated by the Civil Code of the Republic of  Armenia.

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ArmInfo.

ArmInfo.

ArmInfo.

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ArmInfo.Over the next five years, Armenia will have to occupy 1% of the global economy. Prime Minister Nikol Pashinyan announced this on March 24 in his address.   According to him, Armenia has real prerequisites to improve its  performance in the global economy. As a result of the coronavirus  epidemic, the global recession will exceed $ 3 trillion. In other  words, loopholes will appear in the world economy, which Armenia will  have to occupy with a total turnover of at least $ 30 billion.

ArmInfo. As of March 20, 2020, in Armenia, as part of the pilot program for agricultural risk insurance, 523 insurance contracts were concluded in Armenia. The  press service of the Ministry of Economy of the Republic of Armenia  reported this on March 24.