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Lydian Armenia donates 12.5 per cent of its shares to Armenian government

Lydian Armenia, a company that has been granted license to develop the Amulsar gold mine in the country’s Vayots Dzor region, has donated 12.5 per cent of its shares to the government. YEREVAN, 28 December. /ARKA/. Lydian Armenia, a company that has been granted license to develop the Amulsar gold mine in the country’s Vayots Dzor region, has donated 12.5 per cent of its shares to the government. The agreement to this end was signed Friday by Armenian Minister of Economy Gevorg Papoyan...

12/28/2024


Former head of Armenian Water Committee charged, placed under house arrest

Ex-chairman of Armenia's Water Committee Vahagn Gevorgyan has been charged as part of a criminal case initiated by the Anti-Corruption Committee. YEREVAN, 26 December. /ARKA/. Ex-chairman of Armenia's Water Committee Vahagn Gevorgyan has been charged as part of a criminal case initiated by the Anti-Corruption Committee. Anti-Corruption Committee spokeswoman Marina Ohanjanyan told ARKA news agency that Gevorgyan has the status of accused and house arrest has been chosen as a preventive measure...

12/26/2024


Ardshinbank once again recognized as Private Bank of the Year and Retail Bank of the Year by Global Banking and Finance Awards magazine

Ardshinbank has been awarded the title of Best Private Bank Armenia for the fourth time and The Next 100 Global Awards 2024 – Retail Banking for the second time by the well-known international financial magazine Global Banking & Finance Review. A special jury of industry analysts and experts annually selects financial organizations YEREVAN, December 26. /ARKA/. Ardshinbank has been awarded the title of Best Private Bank Armenia for the fourth time and The Next 100 Global Awards 2024 – Retail...

12/26/2024


VTB (Armenia) supports the concert of jazzman Levon Malkhasyan

With the support of VTB (Armenia), a concert was held in honor of the 80th anniversary of Levon Malkhasyan, an Honored Artist of the country. YEREVAN, December 25. /ARKA/. With the support of VTB (Armenia), a concert was held in honor of the 80th anniversary of Levon Malkhasyan, an Honored Artist of the country. Accompanied by the State Jazz Orchestra and the Pop and Symphony Orchestra of the Public Radio, the jazz musician performed world-renowned works and original compositions. "Support...

12/25/2024


Armenian banking system profit in 2024 to exceed 300 billion drams

The profit of Armenia's banking system in 2024 will exceed 300 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia. YEREVAN, December 24. /ARKA/. The profit of Armenia's banking system in 2024 will exceed 300 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia. "The year 2024 can be characterized as one of growth and sustained overall development. If we look at the indicators of the financial and banking system, it becomes clear that the...

12/24/2024


Armenian delegation leaves for Moscow for economic cooperation talks with Russia

The Armenian delegation will participate in the 23rd session of the intergovernmental commission on economic cooperation between Armenia and Russia in Moscow. YEREVAN, December 20. /ARКА/ The Armenian delegation will participate in the 23rd session of the intergovernmental commission on economic cooperation between Armenia and Russia in Moscow. The corresponding decision was signed by Armenian PM Nikol Pashinyan. A delegation headed by Armenian Deputy PM Mher Grigoryan has left for Moscow to attend...

12/20/2024


Armenia agrees with Turkey on assessment of requirements for crossing the border on Gyumri-Kars railway - Mirzoyan

Driven by the firm belief that regional dialogue is key to establishing mutually beneficial collaboration, the Government of Armenia has introduced the "Crossroads of Peace" initiative, Armenian Foreign Minister Ararat Mirzoyan said in a speech at the 49th Meeting of the Black Sea Economic Cooperation organization’s Council of Ministers of Foreign Affairs. (BSEC CMFA) Thursday. YEREVAN, December 20. /ARKA/. Driven by the firm belief that regional dialogue is key to establishing mutually...

12/20/2024


Unibank named best bank for high-net-worth individuals in the CIS

Unibank has become a laureate of the WEALTH Navigator Awards 2024, which brings together leading representatives from the private banking and wealth management industries. YEREVAN, December 19. /ARKA/. Unibank has become a laureate of the WEALTH Navigator Awards 2024, which brings together leading representatives from the private banking and wealth management industries. Unibank was recognized as the winner in the category "Best Bank for High-Net-Worth Individuals in the CIS Countries”...

12/19/2024


IMF outlines measures to boost Armenia's economic resilience and growth

Reforms aimed at diversifying exports, improving the business environment, strengthening governance, and advancing climate policy implementation are crucial for boosting economic resilience and increasing potential growth, said IMF Deputy Managing Director and Acting Chairman Bo Li. YEREVAN, December 18. /ARKA/. Reforms aimed at diversifying exports, improving the business environment, strengthening governance, and advancing climate policy implementation are crucial for boosting economic resilience...

12/18/2024


IMF: Armenia's 2025 budget well-balanced

Armenia's 2025 state budget is appropriately balanced between maintaining macroeconomic stability and addressing priority expenditures, including refugee integration and high security spending, according to IMF Deputy Managing Director and Acting Chairman Bo Li. YEREVAN, December 18. /ARKA/. Armenia's 2025 state budget is appropriately balanced between maintaining macroeconomic stability and addressing priority expenditures, including refugee integration and high security spending, according...

12/18/2024


IMF forecasts economic growth slowdown in Armenia

The IMF predicts a slowdown in Armenia’s economic growth in the medium term, though there is potential for increased growth capacity. YEREVAN, December 18. /ARKA/. The IMF predicts a slowdown in Armenia’s economic growth in the medium term, though there is potential for increased growth capacity. "Armenia's economy continues to have a positive outlook despite the multiple shocks of recent years. Supported by strong domestic demand, real GDP growth is projected to reach approximately 6%...

12/18/2024


Papikyan discusses defense cooperation with French Senate representatives

On December 17, during a working visit to France, Defense Minister Suren Papikyan met with Cédric Perrin, Chairman of the Committee on Foreign Affairs, Defense, and Armed Forces of the French Senate, along with several other Senate representatives, as reported by the press service of the Defense Ministry. YEREVAN, December 18. /ARKA/. On December 17, during a working visit to France, Defense Minister Suren Papikyan met with Cédric Perrin, Chairman of the Committee on Foreign Affairs, Defense...

12/18/2024


Armenia and Iran's Isfahan discuss jewelry cooperation

Armenian Deputy Minister of Economy Edgar Zakaryan met with a delegation from Isfahan, led by Mohsen Talay Minai, Executive Director of the Isfahan Gold and Jewelry Export Consortium and Chairman of the Board of the Isfahan Gold, Jewelry, Silver, and Precious Stones Exporters and Manufacturers Association. YEREVAN, December 17. /ARKA/. Armenian Deputy Minister of Economy Edgar Zakaryan met with a delegation from Isfahan, led by Mohsen Talay Minai, Executive Director of the Isfahan Gold and Jewelry...

12/17/2024


Turkey only needs to invest $2.5 billion in Armenia's economy to take control of it, says CCAF head

In case of establishing trade ties with Turkey, Armenia's economy will be threatened by Turkish expansion, claims Mourad Papazian, co-chairman of the Coordinating Council of Armenian Organisations of France (CCAF) and member of the ARF Dashnaktsutyun Bureau. YEREVAN, 14 December. /ARKA/. In case of establishing trade ties with Turkey, Armenia's economy will be threatened by Turkish ...

12/14/2024


Armenian Economy Minister shares plans to develop Amulsar gold mine after EDB withdraws from the project

Armenian Economy Minister Gevorg Papoyan shared today plans regarding the restart of the Amulsar gold mine after the Eurasian Development Bank (EDB) withdrew from the project. YEREVAN, 12 December. /ARKA/. Armenian Economy Minister Gevorg Papoyan shared today plans regarding the restart of the Amulsar gold mine after the Eurasian Development Bank (EDB) withdrew from the project. ‘After the EDB withdrawal from the project, Armenian commercial banks may assume its share of investment in the project...

12/12/2024


Central Bank head disagrees that MiCA-like regulation of cryptocurrencies could scare away potential investors

The head of the Central Bank of Armenia Martin Galstyan disagrees with claims that MiCA-style cryptocurrency regulation could scare away potential investors. YEREVAN, 10 December. /ARKA/.The head of the Central Bank of Armenia Martin Galstyan disagrees with claims that MiCA-style cryptocurrency regulation could scare away potential investors. The Central Bank is a risk management organisation and it is important for us that crypto-assets first get their legal reflection in the financial system...

12/10/2024


Armenia's European orientation linked to democratic reforms - Alen Simonyan

Armenia's European orientation is the result of natural selection and follows from the agenda of democratic reforms in our state, said Armenian NA Speaker Alen Simonyan at the opening of the PACE Committee on Legal Affairs and Human Rights meeting in Yerevan. YEREVAN, December 9. /ARKA/. Armenia's European orientation is the result of natural selection and follows from the agenda of democratic reforms in our state, said Armenian NA Speaker Alen Simonyan at the opening of the PACE Committee on...

12/09/2024


Converse Bank has become an official signatory of the UN Principles for Responsible Banking

Converse Bank has become an official signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a collaboration between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI). YEREVAN, December 9. /ARKA/. Converse Bank has become an official signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through a collaboration...

12/09/2024


EDB investments in 2024 total $2.3B, with $436M in Armenia, Kyrgyzstan, and Tajikistan

The Eurasian Development Bank (EDB) launched about 30 new projects in 2024. ALMATY, December 6. /ARKA/. The Eurasian Development Bank (EDB) launched about 30 new projects in 2024. This was announced by Nikolai Podguzov, Chairman of the EDB Management Board, at the bank's press conference summarizing the year's results. "The total investment volume for the year reached $2.3 billion. The current investment portfolio in Armenia, Kyrgyzstan, and Tajikistan amounted to $436 million, an increase...

12/06/2024


EDB to invest $200-250 million in Armenia in 2025-2026 – Deputy Chairman

The Eurasian Development Bank (EDB) plans to invest between $200 million and $250 million in Armenia in 2025-2026. ALMATY (Kazakhstan), December 5. /ARKA/. The Eurasian Development Bank (EDB) plans to invest between $200 million and $250 million in Armenia in 2025-2026. This was stated by Yaroslav Mandron, Deputy Chairman of the EDB Management Board, in response to a question from the ARKA news agency. “In 2025, we will make a decision regarding the Electric Networks of Armenia (ENA),” Mandron...

12/05/2024


VTB (Armenia) expands the network of Privilege customer service zones

The VTB (Armenia) has opened new Privilege zones designed for individual customer service, in its six branches - two in Yerevan, as well as in Vanadzor, Artashat, Abovyan and Kapan, the bank's press service reported. YEREVAN, December 3. /ARKA/. The VTB (Armenia) has opened new Privilege zones designed for individual customer service, in its six branches - two in Yerevan, as well as in Vanadzor, Artashat, Abovyan and Kapan, the bank's press service reported. For owners of the Privilege package...

12/03/2024


Artur Atabekyan elected Chairman of the Supreme Judicial Council of Armenia

Artur Atabekyan has been elected Chairman of the Supreme Judicial Council of Armenia (SJC), the media and public relations service of the Judiciary reports. YEREVAN, 2 December. /ARKA/. Artur Atabekyan has been elected Chairman of the Supreme Judicial Council of Armenia (SJC), the media and public relations service of the Judiciary reports. Atabekyan was elected by 7 votes in an election scheduled in accordance with the procedure established by law. The position of the Supreme Judicial Council...

12/02/2024


MP from ruling Armenian party defies PM Pashinyan's request to resign

MP Hovik Aghazaryan from the pro-government Civil Contract party has refused to give up his seat in the National Assembly despite the request of Armenian Prime Minister Nikol Pashinyan. YEREVAN, 2 December. /ARKA/. MP Hovik Aghazaryan from the pro-government Civil Contract party has refused to give up his seat in the National Assembly despite the request of Armenian Prime Minister Nikol Pashinyan. In an interview with Armenia's Public Television the other day, Pashinyan said he had called on...

12/02/2024


Armenia to host next meeting of EEU Joint Board of Customs Services in 2025

Armenia will host a regular session of the Joint Board of Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the Eurasian Economic Union (EEU). YEREVAN, 29 November. /ARKA/. Armenia will host a regular session of the Joint Board of Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the Eurasian Economic Union (EEU). The session will take place in the first quarter of 2025, according to the press service of the...

11/29/2024


Battle for growth or decline: Armenian Ministry of Economy accuses National Statistical Committee

In an interview with Civilnet, Armenian Economy Minister Gevorg Papoyan accused the National Statistical Committee of reporting low economic growth figures that do not reflect the reality. YEREVAN, November 29. /ARKA/. In an interview with Civilnet, Armenian Economy Minister Gevorg Papoyan accused the National Statistical Committee of reporting low economic growth figures that do not reflect the reality. According to his estimates, the reduction in the overall economic growth figure...

11/29/2024


Ardshinbank Successfully Completes Acquisition of HSBC Armenia

"Ardshinbank" CJSC announces the completion of the acquisition process of 100% shares of "HSBC Armenia" CJSC (HSBC Armenia). After the finalization of the transaction and integration works, which took about ten months, HSBC Armenia on November 29 was renamed “Ardshininvestbank”. YEREVAN, November 29. /ARKA/. "Ardshinbank" CJSC announces the completion of the acquisition process of 100% shares of "HSBC Armenia" CJSC (HSBC Armenia). After the finalization...

11/29/2024


Ruling party ready to make concessions on tax changes in Armenia

Armenian parliamentary committee on economic issues again discussed today a set of government-designed amendments to the Tax Code, which envisage changing the preferential tax regime enjoyed by a string of small and medium-sized enterprises. YEREVAN, November 27. /ARKA/. Armenian parliamentary committee on economic issues again discussed today a set of government-designed amendments to the Tax Code, which envisage changing the preferential tax regime enjoyed by a string of small and medium-sized...

11/27/2024


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. YEREVAN, November 27. /ARKA/. VTB Bank (Armenia) has lowered interest rates on loans for small businesses to 3% per annum for the first 90 days. The terms are available through the ''New Partner'' and ''Express'' programs for retail, manufacturing, and service businesses. Financing can be used for ongoing operations, loan repayments, and investment projects. Small businesses with...

11/27/2024


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. YEREVAN, November 27. /ARKA/. The assets in Armenia's pension funds have already reached 1 trillion drams, according to Armen Nurbekyan, Deputy Chairman of the Armenian Central Bank. "This is a very significant figure, and it continues to grow at a very rapid pace," he said the day before at a meeting of the parliamentary commission...

11/27/2024


Pashinyan names new head of Armenia's State Revenue Committee

Eduard Hakobyan, currently holding the position of Deputy Minister of Finance of Armenia, will be appointed new Chairman of the State Revenue Committee. YEREVAN, NOVEMBER 26. /ARKA/. Eduard Hakobyan, currently holding the position of Deputy Minister of Finance of Armenia, will be appointed new Chairman of the State Revenue Committee, Prime Minister Nikol Pashinyan announced in a Facebook post. The position has been vacant since the resignation of Rustam Badasyan on November 18. He had held this...

11/26/2024


Armenian pension funds may increase investments abroad

The Central Bank of Armenia presented a draft law to the parliamentary committee on financial and budgetary issues, proposing to double the amount of investments that Armenian pension funds can make in other countries YEREVAN, November 23. /ARKA/. The Central Bank of Armenia presented a draft law to the parliamentary committee on financial and budgetary issues, proposing to double the amount of investments that Armenian pension funds can make in other countries Armen Nurbekyan, Deputy Chairman...

11/25/2024


Pashinyan: Resignations in Armenia are systemic, not personal

The recent resignations in Armenia are not individual cases but are rather of a systemic nature, said Armenian Prime Minister Nikol Pashinyan. YEREVAN, November 22. /ARKA/. The recent resignations in Armenia are not individual cases but are rather of a systemic nature, said Armenian Prime Minister Nikol Pashinyan. "In terms of accountability, it should be clear that personnel changes are linked to issues that are publicly discussed in one way or another. However, it is not necessary...

11/22/2024


Expert mathematically disproves threefold increase in Yerevan public transport fares

Babken Pipoyan, Chairman of ‘Informed and Protected Consumer’ NGO, published a video on his Facebook page, in which he reasonably criticises Yerevan Municipality for a steep rise of public transport fares. The municipality explains it by the need to acquire new buses. YEREVAN, 22 November. /ARKA/. Babken Pipoyan, Chairman of ‘Informed and Protected Consumer’ NGO, published a video on his Facebook page, in which he reasonably criticises Yerevan Municipality for a steep rise of public transport...

11/22/2024


MP questions official statistics on agriculture

Deputy Chairman of the Parliamentary Committee on Economic Affairs Babken Tunyan today doubted the reliability of the data published by the Armenian National Statistical Committee on agriculture. YEREVAN, 21 November. /ARKA/. Deputy Chairman of the Parliamentary Committee on Economic Affairs Babken Tunyan today doubted the reliability of the data published by the Armenian National Statistical Committee on agriculture. I don't consider myself an expert in the field of agriculture, but as far as...

11/21/2024


Unemployment in Armenia in Q2 rose to 13.8% from 11.7% a year earlier - WB

The unemployment rate in Armenia rose from 11.7 percent in Q2 2023 to 13.8 percent in Q2 2024, driven primarily by increased male unemployment, according to World Bank's 'Armenia Monthly Economic Update – November 2024'. YEREVAN, 20 November. /ARKA/. The unemployment rate in Armenia rose from 11.7 percent in Q2 2023 to 13.8 percent in Q2 2024, driven primarily by increased male unemployment, according to World Bank's 'Armenia Monthly Economic Update – November 2024'. The increase in total unemployment...

11/20/2024


Gnel Sanosyan resigns as Minister of Territorial Administration and Infrastructure

Gnel Sanosyan has left the position of Minister of Territorial Administration and Infrastructure of Armenia. YEREVAN, November 18. /ARKA/. Gnel Sanosyan has left the position of Minister of Territorial Administration and Infrastructure of Armenia. "The system of territorial administration and infrastructure is very complex, and the volume of work is immense. Over the past three years, I have worked under intense pressure for the benefit of our state and people. I leave behind a tremendous...

11/18/2024


Chairman of Armenia’s state revenue committee Rustam Badasyan resigns

Rustam Badasyan, Chairman of State Revenue Committee has submitted his resignation. YEREVAN, November 18. /ARKA/. Rustam Badasyan, Chairman of State Revenue Committee has submitted his resignation. "I am confident that the work done both to provide more accessible services and to strengthen tax discipline has yielded and will continue to yield results when every citizen of the Republic of Armenia realizes the importance of paying taxes in the development of our state," Badasyan said...

11/18/2024


Chairman of Armenia's Investigative Committee Argishti Kyaramyan resigns

Chairman of the Investigative Committee of Armenia Argishti Kyaramyan has resigned. YEREVAN, November 18. /ARKA/. Chairman of the Investigative Committee of Armenia Argishti Kyaramyan has resigned. "The time has come to announce my decision to resign from the position of Chairman of the Investigative Committee of Armenia. This decision stems from an internal reassessment related to the situation surrounding the activities of the entire law enforcement system in recent times," reads...

11/18/2024


Armenian Prime Minister confirms resignation of several high-ranking officials

Armenian Prime Minister Nikol Pashinyan confirmed that several high-ranking officials will step down from their positions. YEREVAN, November 18. /ARKA/. Armenian Prime Minister Nikol Pashinyan confirmed that several high-ranking officials will step down from their positions. "Dear compatriots, considering the widespread discussions in the press and on social media, I find it necessary to inform you that I have asked several high-ranking officials to step down from their positions. The...

11/18/2024


EBRD supports reconstruction and modernisation of Armenia's customs and logistics facilities

A set of projects, implemented together with the European Bank for Reconstruction and Development (EBRD) as part of modernisation of Armenia's State Revenue Committee’s (SRC) infrastructure were discussed on Thursday by SRC Chairman Rustam Badasyan and  an EBRD delegation, led by newly appointed YEREVAN, 14 November. /ARKA/. A set of projects, implemented together with the European Bank for Reconstruction and Development (EBRD) as part of modernisation of Armenia's...

11/14/2024


Armenian Central Bank head names measures to boost 5.6 per cent economic growth in 2025

‘Macroeconomic forecasts laid down in the 2025 budget reflect gradual neutralisation of high economic growth factors of the past years and shaping economic growth on the basis of long-term stable factors,; said today Martin Galstyan, the chairman of the Central Bank of Armenia, during a discussion on  the budget in the parliament. YEREVAN, 12 November. /ARKA/. ‘Macroeconomic forecasts laid down in the 2025 budget reflect gradual neutralisation of high economic growth factors of the past...

11/12/2024


Concerts of pianist Denis Matsuyev will be held in Yerevan with the support of VTB (Armenia)

VTB (Armenia) is a partner of Yerevan Perspectives International Music Festival. YEREVAN, 8 November. /ARKA/. VTB (Armenia) is a partner of Yerevan Perspectives International Music Festival. As part of the event, concerts of famous Russian pianist Denis Matsuev will be held at the Aram Khachaturian Concert Hall in Yerevan. The Classics and Jazz concert is scheduled for November 8. Matsuyev will perform together with leading Russian musicians. The program includes works by Rachmaninoff...

11/08/2024


UBA head sees no reason to raise tax burden on Armenia's banking sector

Daniel Azatyan, Chairman of the Union of Banks of Armenia, sees no reason to raise the tax burden on the country's banking sector, considering the growth in its profits. YEREVAN, November 8. /ARKA/. Daniel Azatyan, Chairman of the Union of Banks of Armenia, sees no reason to raise the tax burden on the country's banking sector, considering the growth in its profits. "There is no such experience in the world, and if there are one or two examples, the goals are entirely different....

11/08/2024


Armenia's banking sector may reach net profit of $1bn in 2025 - UBA

Armenia's banking sector has the potential to reach a net profit target of $1 billion in 2025, Deputy Chairman of the Union of Banks of Armenia (UBA) Ruben Melikyan said Thursday. YEREVAN, 8 November. /ARKA/. Armenia's banking sector has the potential to reach a net profit target of $1 billion in 2025, Deputy Chairman of the Union of Banks of Armenia (UBA) Ruben Melikyan said Thursday. ‘The Armenian banking sector has shown a very big growth in net profit in recent years. The figure...

11/08/2024


Papoyan: Armenian-American relations remain unchanged after new President's election

Relations between Armenia and the United States will remain stable and warm, said Gevorg Papoyan, Minister of Economy of Armenia and Deputy Chairman of the ruling Civil Contract Party. YEREVAN, November 6. /ARKA/. Relations between Armenia and the United States will remain stable and warm, said Gevorg Papoyan, Minister of Economy of Armenia and Deputy Chairman of the ruling Civil Contract Party. Donald Trump has won the election for the 47th President of the United States “We are also striving...

11/06/2024


Residents of Armenia assess the likely timeline for joining EU in a Gallup poll

Some 52% of respondents of a survey conducted by the Armenian office of Gallup International Association believe that Armenia will not join the European Union before Georgia and Moldova, while 35% believe in such a development. YEREVAN, November 5. /ARKA/. Some 52% of respondents of a survey conducted by the Armenian office of Gallup International Association believe that Armenia will not join the European Union before Georgia and Moldova, while 35% believe in such a development. Another...

11/05/2024


Armenian Security Council discusses foreign and domestic policy issues

Armenian Prime Minister Nikol Pashinyan chaired today a regular meeting of the Security Council,  the government press service reported. YEREVAN, 30 October. /ARKA/. Armenian Prime Minister Nikol Pashinyan chaired today a regular meeting of the Security Council, the government press service reported. It said the chairman of the National Assembly Alen Simonyan also participated in the meeting. A string of issues on foreign and domestic policy were discussed. -0-  

10/30/2024


Goris school students to study French in modernized classroom (video)

At school No. 2 in Goris, children are studying French in a technically re-equipped classroom, the press service of Acba Bank reports. YEREVAN, October 23. /ARKA/. At school No. 2 in Goris, children are studying French in a technically re-equipped classroom, the press service of Acba Bank reports. The French classroom is fully equipped and technically re-equipped by the ‘’Stepan Gishyan’’ Charity Foundation together with the ‘’Armenian Sustainable Development Fund’’. The classroom equipment allows...

10/23/2024


Ardshinbank’s Private Clients Will Be Served in a Special Office

On October 21, Ardshinbank opened a new office at 10 Northern Avenue to serve private clients. YEREVAN, 21 October. /ARKA/. On October 21, Ardshinbank opened a new office at 10 Northern Avenue to serve private clients. The office aims to provide clients with a comprehensive package of services, taking into consideration the importance of an individual approach, saving the clients’ time and their premium status. The opening event was attended by Ardshinbank’s leadership, large business representatives...

10/21/2024


Artsakh NGOs demand that Armenian authorities deny Baku's demand to dissolve OSCE Minsk Group

Representatives of Artsakh (Nagorno-Karabakh) NGOs held a protest action in front of the Armenian Foreign Ministry on Monday, demanding the Armenian authorities not to give in to Azerbaijan's demand to dissolve the OSCE Minsk Group, the only organisation with an international mandate to settle the conflict. YEREVAN, 21 October. /ARKA/. Representatives of Artsakh (Nagorno-Karabakh) NGOs held a protest action in front of the Armenian Foreign Ministry on Monday, demanding the Armenian...

10/21/2024


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