ArmInfo.

ArmInfo.Martin Galstyan will assume the post of head of the Central Bank of Armenia on June 13, 2020. ArmInfo was informed about this in the press service of the  CBA.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. The authorized capital of Converse Bank has increased by AMD 3,531 B (USD 7.4 m).  The decision on replenishment of the authorized capital was taken at the General Shareholder Meeting of the Bank on April 2.

ArmInfo. The RA State Revenue  Committee has revealed violations by the real beneficiary regarding  tax evasion on an especially large scale. Damage to the state is  estimated at 37.3 million drams.

ArmInfo. The "South Caucasus  Railway" company in April began scheduled work on the overhaul of the  railways.

ArmInfo. The investigator or  investigative body will have to receive the approval of the  prosecutor in the decision-making process on conducting a  comprehensive tax audit in Armenia.

ArmInfo.

ArmInfo.

ArmInfo.  Artur Javadyan will  be replaced by Martin Galstyan as chairman of the Central Bank of  Armenia, whose candidacy was approved on April 17 by secret ballot in  the RA National Assembly by a majority of the MPs.

ArmInfo.

ArmInfo.

ArmInfo.  VTB Bank (Armenia), has  reduced its monthly loan debt burden by an average of 3%, and  extended the loan repayment term by 3-5 months for individual  borrowers who, as a result of the COVID-19 pandemic and the  suspension of the activity of a number of sectors, lost all or part  of their income. As the press service of the Bank reported to  ArmInfo, the decision was timely for customers, and important for the  bank: "Comfort and customer care is our most important task."

ArmInfo.Materialization of the stability of the Armenian national currency - the dram is the growth of investment in Armenia. Doctor of Economics Tatul Manaseryan,  expressed a similar opinion to ArmInfo.

ArmInfo.

ArmInfo.The Armenian parliament at the meeting on April 17 in the second and final reading amended the law "On Energy".

ArmInfo.Micro loans of up to 200 thousand drams will not be advertised in Armenia. Amendments to the law "On consumer lending" have been adopted at the plenary  meeting of the country's parliament in the first reading.

ArmInfo.Fitch is revising the outlook on the ratings of Armenian banks towards "Negative", following the same worsening outlook on the sovereign rating of  Armenia. This was reported by Fitch in a report published on April  16.