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All news

November 27, 2024

Business

VTB Armenia reduces interest rates on small business loans

VTB Bank (Armenia) has lowered interest rates on loans for small businesses to 3% per annum for the first 90 days.

27.11.2024, 12:30

Economy

EBRD: Armenian authorities to strengthen economic stability

The Armenian authorities need to do more to improve the quality of regulation, strengthen institutional capacity and enhance government effectiveness, said Elisabetta Falcetti, Managing Director for Turkey and the Caucasus at the European Bank for Reconstruction and Development (EBRD).

27.11.2024, 12:19

Society

Numbeo ranks Armenia among the top 10 safest countries in the world

Armenia has ranked among the top 10 safest countries in the world, according to the 2024 Numbeo Safety Index.

27.11.2024, 12:03

Society

Pension fund assets in Armenia reach 1 trillion drams - Deputy Chairman of Central Bank

The assets in Armenia's pension funds have already reached 1 trillion drams, according to Armen Nurbekyan, Deputy Chairman of the Armenian Central Bank.

27.11.2024, 11:52

Society

Armenian regions see a month's worth of rain in one day, snow cover reaches 30 cm

From the evening of November 26 through the night of November 27, heavy precipitation was observed across Armenia, as forecasted, with snow in the mountains and foothills, according to the ‘’Hydrometeorology and Monitoring Centre’’.

27.11.2024, 11:18

Society

"Cilicia" transforms business connections through digitization

A presentation of the "Cilicia" business club's mobile application took place in Yerevan.

27.11.2024, 10:59

Economy

Open borders and better logistics could positively affect Armenia’s trade prospects– EBRD Managing Director

Open borders and better logistics could positively affect trade prospects, especially because Armenia has access to the EU market through the Comprehensive and Enhanced Partnership Agreement and to the central Asian markets of the members of the Euroasian economic union.

27.11.2024, 10:51

Economy

EBRD forecasts slower and moderate economic growth for Armenia in the medium term

The European Bank for Reconstruction and Development (EBRD) expects Armenia's GDP growth to moderate in the short term after several years of ultra-high growth, said Elisabetta Falcetti, EBRD Managing Director for Turkey and the Caucasus.

27.11.2024, 10:16