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Central Bank of Armenia finds credit organizations’ policy satisfactory

Vahe Vardanyan, chief of Armenian Central Bank’s division for regulating financial system policy, speaking Wednesday at an annual assembly of Association of Credit Organizations of Armenia, voiced satisfaction at credit organizations’ policy and activitie YEREVAN, March 10. /ARKA/.Vahe Vardanyan, chief of Armenian Central Bank’s division for regulating financial system policy, speaking Wednesday at an annual ...

03/11/2010


ARKA Agency publishes its bulletin on credit organizations of Armenia for Q3 2008

ARKA Agency has published the next issue of its quarterly financial and economic bulletin - “Credit organizations of Armenia” - for the third quarter of this year. YEREVAN, November 3. /ARKA/. ARKA Agency has published the next issue of its quarterly financial and economic bulletin - “Credit organizations of Armenia” - for the third quarter of this year....

11/03/2008


ARKA news agency releases bulletin “Credit Organizations of Armenia” for 3rd quarter 2007

The ARKA News Agency has released a regular issue of the financial and economic bulletin “Credit organizations of Armenia” for the 3rd quarter of 2007. YEREVAN, November 5. /ARKA/. The ARKA News Agency has released a regular issue of the financial and economic bulletin “Credit organizations of Armenia” for the 3rd quarter of 2007. This quarterly product ...

11/06/2007


ARKA Agency publishes another issue of bulletin “Armenia’s credit organizations” for 2nd Quarter of 2007

The product is published quarterly and is made on the basis of the financial reports of Credit Organizations (CO) officially published in press and reflecting their activity. YEREVAN, August 2. /ARKA/. ARKA News Agency published another issue of the financial-economic bulletin “Armenia’s Credit Organizations” for the 2nd quarter of 2007. The product is published quarterly and is made on the basis of the financial reports of Credit Organizations (CO) officially published in press and reflecting their activity. The ...

08/03/2007


ARKA News Agency publishes “Credit organizations of Armenia” bulletin by q1

ARKA News Agency published next quarterly bulletin “Credit Organizations of Armenia” by first quarter of 2009. YEREVAN, May 15. /ARKA/. ARKA News Agency published next quarterly bulletin “Credit Organizations of Armenia” by first quarter of 2009. The bulletin is published every quarter and is based on official ...

05/15/2009


Armenian credit organizations’ total capital grows 13.5% to Amd 20.2 billion

Total capital of Armenia’s credit organizations has grown 13.5% over the first quarter of 2009 reaching AMD 20.2 billion by late March, Central Bank of Armenia says in its quarterly review of credit organizations’ activities. YEREVAN, May 7. /ARKA/. Total capital of Armenia’s ...

05/07/2009


Armenian credit organizations report 28% rise in their net profit in quarter two

The net profit of 32 credit organizations operating in Armenia in the second quarter of the year stood at about 4.99 billion drams, an increase of 28.3% year-on-year, according to ARKA news agency’s ranking of the most profitable credit organizations compiled for the second quarter of 2015. YEREVAN,...

08/25/2015


Armenian government to provide financial support to organizations for training specialists

Organizations in Armenia providing training in a particular specialty and employment will receive financial support from the government, Deputy Minister of Labor and Social Affairs Ruben Sargsyan said on Friday. YEREVAN, September 8. /ARKA/. Organizations in Armenia providing training in a particular specialty and employment will receive financial support ...

09/08/2023


Armenia outpaces neighbors in civil society organization sustainability index

Armenia improved slightly its sustainability in the USAID’s Civil Society Organization Sustainability Index (CSOSI) in 2015,... ... only indicator that has not changed since 2007 staying at 5.2, she said. In her words, the big problem of the civil society organizations in Armenia is the lack of funding, which has a negative impact on their viability. The main source of funding for ...

09/16/2016


Russia’s community in Armenia discusses plans at conference in Yerevan

... contribute to development should get a chance to do it.  The Russian ambassador said that Russia has to remain stuck to austerity policy for one or two years.  The conference is organized by the Coordination Council of Russian Compatriots' Nongovernmental Organizations in the Republic of Armenia with support from Russia's embassy in Armenia and the Russian Science and Culture Center in Armenia.  Some 15 nongovernmental and youth organizations are taking part in the conference.  In the resolution that will be adopted at the conference, the Russian ...

03/23/2015


7,965 non-commercial organizations registered as of January 1

7,965 non-commercial organizations were registered as of January 1 2008. YEREVAN, February 6. /ARKA/. 7,965 non-commercial organizations were registered as of January 1 2008. Armenia’s National Statistical Service reports that of them 76 organizations were parties, 2,590 are public organizations, 27 – religious organizations, 519 – foundations, 753 – trade union organizations and 1 was a notary office....

02/06/2008


Sweden steps up its assistance to support Armenia’s reform agenda

... Armenia more targeted. Today, Sweden supports several regional projects that benefit Armenia and a small number of bilateral projects. This includes important initiatives... ... continue to remain important. Peter Eriksson also detailed three priorities for Swedish support to democratization processes in Eastern Europe, which can be summarized as follows:... ... needed to enable positive change. Together with public institutions and civil society organizations Sweden will continue to support the development of more democratic and...

03/18/2019


European Union releases two million euros for development of Armenian civil society organizations

The European Union has released two million euros for the implementation of the BRIDGE for CSOs program, aimed at the development of Armenian civil society organizations, the head of the EU Delegation to Armenia, ambassador Piotr Switalski said today. YEREVAN, June 26. /ARKA/. The European Union has released two million euros for the implementation of the BRIDGE for CSOs program, aimed at the development ...

06/26/2017


ROUNDTABLE "MARKET SOURCES OF OF LONG-TERM FUNDS FOR FINANCIAL ORGANIZATIONS" HELD IN ARMENIA

A roundtable "Market sources of long-term funds for financial organizations" has been held in Yerevan. YEREVAN, May 29. /ARKA/. A roundtable "Market sources of long-term funds for ... ... organizations" has been held in Yerevan. During his speech of welcome, Karl Fickenscher, Deputy Director of the USAID office in Armenia, said that this roundtable is the first event of this type aimed to discuss the mechanisms of obtaining long-term funds ...

05/29/2007


Armenia’s debts to international organizations slashed by five times

Armenia’s debts to international organizations have been slashed by five times, foreign minister Edward Nalbandian stated on Friday during the parliamentary hearings on the 2016 state budget execution. YEREVAN, June 30. /ARKA/. Armenia’s debts to international organizations have ...

06/30/2017


Arka news agency releases regular issue of its quarterly bulletin “Credit organizations Armenia” for the first quarter of 2012

ARKA News Agency has released a regular issue of its quarterly bulletin “Credit Organizations Armenia” for the first quarter of 2012. The bulletin is based on unified financial reports of crediting organizations, published in the Armenian newspapers. YEREVAN, June 5. /ARKA/. ARKA News Agency has released a regular issue of its quarterly bulletin ...

06/05/2012


EU-co-funded project to strengthen civil society organizations completes in Armenia

... this project was one of the largest in Armenia. He said its goals are difficult to achieve, but the European Union is ready to support it further to achieve great results. He said the implementation of the project not only brought about positive change, but also strengthened civil society in Armenia by building a strong CSO network across the country. The head of the project Jaroslav Zarikhta said despite the official ... ... said their participation has changed for the better their work. They agreed that the project has improved the work of their organizations. -0-

10/16/2018


EU announces new assistance to Armenia of € 77.5 million

... cooperation – from agriculture and regional development, through capacity building for the implementation of EU programmes, support to migration and integrated border management, anti-corruption and civil service reforms, to water supply improvement,... ... The ceremony was welcomed by Prime Minister  Hovik Abrahamyan, and  Ambassador Traian Hristea, Head of the EU Delegation to Armenia, and attended by representatives of the beneficiary Government institutions, the EU Member States, and International organizations accredited to Armenia.  Prime Minister Abrahamyan mentioned in his remarks that “the assistance provided ...

01/16/2015


Investor protection in the financial market. What is important to know about regulation ?

... competence by asking a lot of questions and going into details. 7. Try contacting tech support. Usually scammers cannot provide quality service. 8. To fully vet a financial... ... important to understand exactly what requirements your broker must meet, and what laws and organizations should protect you from ruinous losses to your business. The material... ... a joint project "The Year of Investing in Oneself " by ARKA, AMI Novosti-Armenia news agencies and Freedom Broker Armenia .

02/07/2024


Armenia’s state food safety agency to carry out over 1,160 inspections in 2015

The State Food Safety Agency affiliated to Armenia’s agriculture ministry intends to conduct this year more than 1,160 inspections in organizations supplying and selling foods, the agency’s press office reported on Friday. YEREVAN, January 30. /ARKA/. The State Food Safety Agency affiliated to Armenia’s agriculture ministry intends to conduct this year more than 1,160 inspections ...

01/30/2015


Beneficiaries of $1 million award from Aurora Prize confirmed - IDeA

... projects in Rwanda, Ethiopia, the Democratic Republic of Congo and Brazil, the press office of IDeA (Initiatives for Development of Armenia) Charitable Foundation reported on Friday. The proceeds will support initiatives that are combating child poverty, advancing aid and rehabilitation for child refugees and orphans. As Aurora ... ... Burundi – received a $100,000 grant, and was offered the chance at even greater impact by being asked to nominate humanitarian organizations which would receive the Prize’s $1 million award. Ms. Barankitse chose her longtime partners: Fondation du Grand-Duc ...

08/19/2016


A platform for coordination of assistance to forcibly displaced persons from Karabakh launched in Armenia

The Armenian Ministry of Labor and Social Affairs has launched "Map of Social Support Services" at map.socservice.am to take stock and to plan further use of resources of international structures, public organizations and social initiatives willing to support citizens forcibly displaced from Nagorno-Karabakh to Armenia, the press service of the Armenian government reported. YEREVAN, September 25. /ARKA/. The Armenian Ministry of Labor and Social Affairs has launched "Map of Social Support Services" at map.socservice.am to take stock and to plan ...

09/25/2023


Armbusinessbank is set to consolidate its leading position on several indicators in Armenia's banking system

... countries. The Bank was also one of the main sponsors of the 5th International Ujan Documentary Film Festival, organized with the support of the Ministry of Education, Science, Culture and Sport. Q. - ARMBUSINESSBANK's concern for preservation of structures ... ... and early 20th centuries. It used to house the Regal Palace, the Gubernatorial Treasury, the ministry of finance of the First Armenian Republic and various other administrative organizations. Recently, ARMBUSINESSBANK has expanded its Head Office into an adjacent building, which also has a rich history....

01/08/2020


Agricultural alliance established in Armenia

... problems can be solved by joint efforts. She expressed hope that the establishment of the alliance will produce results soon. Armenian Deputy Agriculture Minister Robert Makaryan, on his side, said the country’s agriculture was in need of such an ... ... “The government announced agriculture the national economy’s top-priority sector in 2011, and only governmental support alone can’t be effective,” he said. “I hail establishment of this alliance, especially taking into account that its members are those organizations which have already proved efficiency.” The alliance will be open for cooperation – all the concerned ...

12/07/2011


Magoyan CoNexus joins ARKA and Novosti-Armenia news agencies’ special project #SaveBusiness

... or institutional challenges. How? We will discuss, formulate and develop an effective way to find answers, as well as provide support in the process of their implementation," the press release says. Magoyan CoNexus offers organizations, teams, and leaders consultations on reorganization of work, executive coaching and development of leadership skills ... ... Swiss Confederation in 2016. The company’s individual customers work all over the world - from China to Canada. The biggest Armenian companies operating in the field of information technology, law and banking are among the institutional clients. The ...

04/09/2020


ARKA News Agency releases 3 Q “Credit Organizations of Armenia” quarterly bulletin

ARKA News Agency has released a regular issue of its quarterly bulletin “Credit Organizations of Armenia” for the third quarter of 2012. YEREVAN, November 21. /ARKA/. ARKA News Agency has released a regular issue of its quarterly bulletin “Credit Organizations of Armenia” for the third quarter of 2012.  The bulletin is based on ...

11/21/2012


Armenian opposition encouraged by support from West in organizing march events

... it is difficult to assume what would happen in Azerbaijan and Georgia, if these countries’ opposition received such a support. “For example, not only administrative, but also budget means were used in Georgian parliamentary and presidential elections for backing Saakashvili’s team. And if the same happened with Armenia, we would be eaten alive”, she said. The political analyst said that, as a rule, European emissaries and representatives of European organizations coming to Azerbaijan and Georgia do little more than meet once or twice with the opposition and promise to take ...

01/20/2009


Public organizations of Armenia should be more active in solving problems of disabled people

Public organizations of Armenia should be more active in fulfilling their obligations toward disabled persons, Armenia’s Prime-Minister Serge Sargsian said at his meeting with NGO representatives dealing with the problems of the disabled in the country. YEREVAN, December ...

12/04/2007


IDeA releases money to pay apartment rent for Syrian Armenian refugees in Armenia

... Syrian Armenian refugees in Armenia, Mission Armenia and Repat Armenia public organizations held discussions and developed a program, the implementation of which will start from January 2017, IDEA said in a press release today. It said IDeA’s call to support Syrian Armenians has been backed by various organizations and individuals, who have donated so far a total of 10,784,000 drams. IDeA has already assisted 37 Syrian Armenians from Aleppo to move to Armenia. Another 18 Syrian Armenians have asked for help to move to Armenia. On October 15 IDeA announced ...

12/27/2016


Foreign minister reports to president on forthcoming activities

... the Summit at the highest level and stressed that Armenia’s active engagement in international organizations is very important for building successful foreign relations. Nalbandian reported also on a number of meetings to be held at international organizations with Armenia’s participation such as the meeting of foreign ministers in Vienna on the issues related to nuclear security, Ministerial meeting on the Resolute Support mission in the framework of NATO, Open Governance Partnership summit to be held in Paris, Armenia’s priorities at the meeting of foreign ministers in Hamburg in the framework of OSCE. The president invited the attention of the minister to the ...

12/02/2016


EU Monitoring Capacity in Armenia becomes operational

... are two separate missions with two different mandates. The EU Monitoring Capacity will liaise with all relevant international organizations, including the OSCE. There is no overlap between the EU Monitoring Capacity and the efforts deployed by the OSCE. Is the EU Monitoring Capacity the only way the EU is supporting the de-escalation between Armenia and Azerbaijan? Based on the agreement by Armenia and Azerbaijan, the EU is closely involved in leading a peace process ...

10/21/2022


IFC, Amundi-Acba Launch Partnership to Increase Investment in Armenia’s Infrastructure

... management, and impact measurement and monitoring. The aim is to scale up private capital mobilization to accelerate development and support climate mitigation and adaptation in emerging markets. Amundi-Acba Asset Management is Armenia's leading pension fund manager, with EUR 700 million in assets under management. This partnership complements the cooperation between Amundi and IFC launched in 2018, when the two organizations announced the world's largest targeted green bond fund focused on emerging markets, the Amundi Planet Emerging Green ...

12/21/2022


Armenian Ministry of Environment denies Azerbaijani claims about alleged environmental threat caused by mining companies in Armenia

... operational phase, so there is no question of any contamination. And when it begins operation, the highest international benchmark of environmental risk management will be followed, and its implementation will be strictly monitored, including by international organizations. - It should be noted that the water leaving the borders of Armenia corresponds to international norms. This was proven years ago, when the Center for Ecological-Noosphere Studies National Academy of Sciences, with the support of the North Atlantic Treaty Organization (NATO), conducted studies on 40 indicators at border points for 6 years, applying the same methodology adopted jointly with neighboring countries within the framework of the project. -0-

07/21/2023


Armenian PM to pay official visit to Kazakhstan, leaders of two countries sign joint statement

... high technologies, information security and digitization, including the creation, regulation and application of artificial intelligence, Comprehensively contribute to the expansion of contacts in the fields of culture, science, education, healthcare, support the establishment of direct connections between culture and art organizations and figures, research centers, educational institutions, mass media, Hold Armenia Days in the Republic of Kazakhstan in 2024, and Kazakhstan Culture Days in the Republic of Armenia in 2025, Support the development of cultural-humanitarian ties, including by promoting the linguistic, cultural and religious identity of the ethnic ...

04/15/2024


Armenia needs a strategy to develop green economy

... ARKA news agency, Gagik Makarian, the chairman of the National Union of Employers of Armenia, speaks on the prospects of its development and possible introduction of "green... ... electricity. We need also to shift to more precise statistics concerning measures applied by organizations to protect the environment. For this I would suggest that the National... ... Makarian - We work closely with the International Labor Organization (ILO), which is very supportive of us, with the International Organization of Employers (IOE), the UN office...

10/18/2012


Things in Armenia’s SME sector distressing - study

... Situational and Comprehensive Monitoring of Small and Medium Businesses' study conducted by the Republican Union of Employers of Armenia with support from Friederich Ebert Foundation from May to July 2015 were unveiled Thursday in Yerevan. Development of SMEs throughout ... ... years is considered in the study. The study targeted 107 SMEs, including the companies operating more than ten year (55%) and organizations with six-to-nine year experience (13.4%). Gagik Makaryan, the chairman of the union, said that about 30 reports ...

09/18/2015


Agricultural Alliance To Be Established In Armenia

... efficiency using agricultural resources of the country, improvement of conditions of economic entities, lack of professional knowledge in agrarian sphere, as well as dissemination of information regarding the sphere and its exchange, local and international organizations operating in agriculture development sector in Armenia plan to establish agricultural alliance”, states the press-release. The goal of the alliance is to support the solution of the above mentioned problems through joint outreach companies, information and experience exchange regarding the implemented problems. On December 6 at 12.00 in the hall “Picasso” of “Congress” hotel local ...

12/06/2011


UNISEF must keep pace with dynamic rates of Armenia’s development

Below is an exclusive interview by UNISEF Representative in Armenia Sheldon Yett to the ARKA News Agency. Below is an exclusive interview by UNISEF Representative in Armenia Sheldon Yett ... ... implementing joint programs. I would like to note that without cooperating with Armenia’s Government and nongovernmental organizations UNISEF would not have been able to carry out effective work and ensure progress. Among the achievements I can first ...

03/26/2008


USAID and Armenia sign extensions to two bilateral agreements to support Armenia’s private sector and democratic development

... support Armenia’s democratic development. Under the extended agreement, USAID will continue to work with the Government of Armenia and local stakeholders to support a more participatory, transparent and accountable system of governance at national and local levels, enhance the country’s legal and regulatory environment, develop the professional skills of civil society organizations and independent media, and improve service delivery for citizens. USAID also signed a second bilateral agreement ...

05/09/2019


International organizations overlook Armenia’s capabilities in their projections – minister

Some international organizations have rushed into worsening of their projections of Armenia’s growth, Armenia’s minister of economy Karen Chshmarityan said at “Economic Agenda” conference on Tuesday. YEREVAN, June 30. /ARKA/. Some international organizations have rushed into worsening of their projections of Armenia’s ...

06/30/2015


Galina Davidyan: the need for media resources like 'Novosti Armenia' to grow

... and used the policy of 'soft power' as its primary means of influence. Q. Did you try resisting this decision by RIA Novosti? A. Of course, we did. We did not want to undermine the work of so many years. Prominent experts in Armenia and Russia, public organizations, the embassy of the Russian Federation in Armenia and other official bodies expressed their support for us. The situation had changed dramatically on Dec. 9, 2013, when the Russian president signed a decree abolishing RIA Novosti and creating on its base the Russia Today international news agency. The new agency included also the Russian state ...

12/09/2015


Hayastan All Armenian Fund to provide portion of funds raised through "We Are Our Borders" fundraising initiative to the budget

The Hayastan All-Armenian Fund's "We Are Our Borders" fundraising campaign was initiated within ... ... thousands of our compatriots both in the Diaspora and Armenia. The role of the many organizations involved in the fundraising efforts has been invaluable, in the Diaspora... ... Republic of Armenia in order to combine the implementation of similar expenditures (social support, healthcare support, infrastructure, etc.). The decision of the Board of Trustees...

11/18/2020


Legislative Regulation facilitation to kick off in Armenia

... nearly $2 million. In November 2011 Armenia’s government and international  donor organizations signed a letter on intentions to enhance the efficiency of economic regulation of the republic via “regulatory guillotine” tool.  Thus, the donor organizations express their readiness to support Armenia in its efforts to introduce the tool of quick reforms –“regulatory guillotine”—ensuring improvements in business environment while updating the regulatory policy.  -0- 

03/13/2013


Armenia’s theatrical organizations earned less in 2012

Income of theatres from performances in Armenia totalled 327.2 million drams over 2012, a reduction of 17.5% compared to 2011, the country’s national statistical service ... ... shows. Average ticket revenue was 118,400 drams per performance in towns and 47,300 in villages. In 2012, receipts of theatrical organizations amounted to 2.9 billion drams (reduction of 3.7%), including about 2.2bln drams (76.4%) received from government ...

05/08/2013


ARKA News Agency publishes bulletin of Armenia’s credit organizations for Jan-Mar 2008

The ARKA News Agency has published the Financial-Economic Bulletin of The Credit Organizations of Armenia for the first quarter (Q1) of 2008. YEREVAN, May 13. /ARKA/. The ARKA News Agency has published the Financial-Economic Bulletin of The Credit Organizations of Armenia for the first quarter (Q1) of 2008. The bases for the quarterly product are ...

05/14/2008


6,250 organizations among gas consumers in Armenia in 2007 against 4,838 in 2006

As of the end of 2007, 6,250 organizations are gas consumers in Armenia against 4,838 organizations in 2006. A trend toward increase in gas consumption in the country in recent years has been recorded, the press service of “ArmRosgasprom” closed joint sto YEREVAN, January 22. /ARKA/. As of the end of 2007, 6,...

01/23/2008


Days of Union of Russia’s Armenians and World Armenian Congress to be held in Armenia and Karabakh

Days of the Union of Russia’s Armenians and World Armenian Congress are to be held in early October in Armenia and Karabakh, Atom Mkhitaryan, the chairman of Youth Organizations Association of World Armenian Congress, said on Monday. YEREVAN, September 18. /ARKA/. Days of the Union of Russia’s Armenians and World Armenian Congress are to be held in early October in Armenia and Karabakh, Atom Mkhitaryan, the ...

09/19/2007


VTB bank (Armenia) showcases its products at ‘Banks, Investment and Credit Organizations of Armenia’ exhibition

VTB Bank (Armenia) took part in an exhibition titled "Banks, Investment and Credit Organizations of Armenia" organized by the Nur Expo company with the support of the Yerevan Municipality. The two-day exhibition started on Thursday in the premises of the Yerevan History Museum. YEREVAN, November 9. /ARKA. VTB Bank (Armenia) took part in an exhibition titled "Banks, Investment and Credit Organizations ...

11/09/2017


Armenia posts 1,084 commercial organizations, 5,676 private entrepreneurs in Jan-May 2009

Armenia posted 1,084 commercial organizations and 5,676 private entrepreneurs between January and May 2009, the RA National Statistical Service reports. YEREVAN, July 3. /ARKA/. Armenia posted 1,084 commercial organizations and 5,676 private entrepreneurs between January and May 2009,...

07/03/2009


Armenia expects substantial loan support under crisis

... amounts and forecasts on lending terms in local mass media and in the public. Yet, the fact is that Armenia has been managing to stay afloat under the global crisis so far owing to a balanced economic policy of the government on the one hand and to support provided by major financial organizations such as the World Bank, IMF and Asian Development Bank on the other hand. Armenian authorities and the country’s Premier himself do understand that after having managed to resist the first crisis wave, the country is in a great need of WB’s and IMF’s support as only prompt and complex measures can help prevent ...

01/27/2009


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