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FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

... Armenia’s rich cultural heritage, including excursions to Garni and Geghard, as well as a winery experience at Van Ardi. Learn more about the conference and register here: https://fintech360.io/eng Early bird tickets are available with a 15% discount until March 31

03/30/2026


Acba Leasing's special offer: 5% down payment for purchasing an electric vehicle

... Group, our customers have the opportunity to purchase vehicles with a down payment starting from 5%," noted Vahagn Shmavonyan, Head of Supplier Relations at Acba Leasing. "As part of TOON EXPO, ROEL Automotive Group is offering a special 5% discount on the Tank, Poer, and Li AUTO models. We also have special financing terms with our financial partner, Acba Leasing. The offer will be valid for these three days, which is an excellent opportunity to purchase a vehicle," noted Avetik Simonyan,...

03/28/2026


Exclusive offers and a mortgage portfolio of 365 billion drams: Ameriabank participates in TOON Expo exhibition in Yerevan

... to trust Ameriabank. People come to MyHome not only to view listings, but also to make decisions and implement them," Grigoryan said. MyHome users also have other benefits: by registering on the platform, visitors can receive a promo code for a discount of up to 40% on purchases at partner stores. MyHome also offers calculators for loans, renovations, and mortgages. Grigoryan stated that MyHome also offers properties abroad, including in the UAE, Spain, Greece, and Georgia, and that this geography ...

03/27/2026


Book by March 31 and get 15% off your FINTECH360 ticket

The FINTECH360 International Conference will be held in Yerevan, with an exclusive offer for early birds: book your ticket by March 31 and receive a 15% discount. YEREVAN, January 21. /ARKA/. The FINTECH360 International Conference will be held in Yerevan, with an exclusive offer for early birds: book your ticket by March 31 and receive a 15% discount. The conference will take place from April 27 ...

01/21/2026


Armenian parliament discussing fines for people who break rules on public transport in Yerevan

...,000, and 15,000 drams for various violations. Thus, a fine of 3,000 drams is provided for failure to validate a ticket or when boarding transport, 10,000 drams for using transport without paying for a ticket, and 15,000 drams for using someone else's discount ticket. The deputy minister also clarified that if there was a technical failure and the carrier was unable to validate the travel card, administrative liability would not apply.-0-

07/01/2025


“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More

... customers can get 100% cashback for the first 20 rides”, – says Arman Barseghyan, Retail Banking Director of Ameriabank. Family Package Under the Family Package , customers can get a special 15% nominal interest rate for collateral-free loans, 50% discount for Gold and Platinum premium cards, + 0.1% when opening deposits, savings accounts or Ameria Deposits for Kids via MyAmeria, free travel insurance when buying tour packages on MyAmeria’s MyTour platform, and much more. To be eligible for the ...

05/08/2025


Yerevan identifies categories of citizens who will receive benefits for paying garbage removal

... of living space. "Since the average area of ​​an apartment in Yerevan is about 70 square meters, it is proposed to provide a 50% benefit for each square meter exceeding 65 square meters for apartment buildings. m, for private houses - a 75% discount for each square meter exceeding 75 sq.m, for detached garages and buildings - a 100% discount,” Hakobyan noted. On increasing the fee for garbage The new procedure for calculating the fee for garbage removal for individuals, which came into ...

04/22/2025


Forbes includes Ruben Vardanyan, Eduardo Ernekian, Kim Kardashian in the list of the richest people in the world

... custody of their four children, and Kardashian reportedly paid $23 million to keep her Axel Vervoordt-designed Hidden Hills mansion. Artem Khachatryan - ranked 2,110th, fortune $1.6 billion Together with billionaire Sergei Lomakin, they co-founded Russian discount retailer Fix Price in 2007. The company went public in 2021. The chain has opened more than 4,000 stores in Russia, Kazakhstan, Georgia, Belarus, Latvia, Kyrgyzstan and Uzbekistan. Previously Khachatryan was an executive director of the company,...

04/02/2025


Yerevan municipality designs draft law to fine fare dodging passengers

The Yerevan Municipality will soon submit to the parliament a draft law designed to fine passengers who use public transport without paying for the ticket or using someone else's discount ticket. YEREVAN, March 17. /ARKA/. The Yerevan Municipality will soon submit to the parliament a draft law designed to fine passengers who use public transport without paying for the ticket or using someone else's discount ticket. "A ...

03/17/2025


Yerevan City Hall launches new website for easy travel ticket purchases

... public transport: buses, metro, and trolleybuses. On Travel Benefits for Public Transport Starting January 1, 2024, travel benefits will be available for the following groups: Children under 7 years old (free travel) Schoolchildren aged 8 to 18 (20% discount) Orphans aged 8 to 18 (free travel) Pensioners over 63 years old (30% discount) Students studying in Yerevan, regardless of their place of registration (15% discount) Students who have lost one parent or are orphans (free travel) People with ...

12/23/2024


Yerevan's public transport revolution: What passengers can expect in 2025

... indicates the fare for a physical ticket. When purchasing any tariff package, citizens will be able to use all types of public transport, including buses, the metro, and trolleybuses. On Transportation Benefits Starting from January 1, 2025, the following discounts will be provided: Free transport for children under 7 years old. 20% discount for schoolchildren aged 8 to 18. Free transport for orphaned schoolchildren aged 8 to 18. 30% discount for pensioners over the age of 63. 15% discount for students ...

12/20/2024


Ameriabank Presents EventHub.am: a Streamlined and User-Friendly Ticketing Solution

... simpler and more convenient solution for purchasing event tickets. The platform features over 300 events across more than 10 categories, including concerts, theater performances, children’s events, stand-up, sports, etc. The platform provides numerous discounts to Ameriabank cardholders, along with cashback options․ Currently, when paying with Ameriabank cards, a 5% cashback is available for all events on the platform, and for some events, 15-25% discount is provided with a promo code. “Our studies ...

12/11/2024


Yerevan approves fare discounts on public transport

The Yerevan Council of Elders approved a package of fare discounts for public transport at a meeting on Tuesday. YEREVAN, November 19. /ARKA/. The Yerevan Council of Elders approved a package of fare discounts for public transport at a meeting on Tuesday. 34 people voted in favor, 0 voted against, and ...

11/19/2024


Yerevan city hall sees no issues for launching unified ticket system from next January 1

... Grigoryan said on Tuesday at a meeting of the Council of Elders, where the provision of transport benefits to certain groups of citizens was discussed. According to the vice-mayor, citizens will have access to the most convenient fare options, including discounts for several categories—specifically, the monthly, quarterly, and annual ticket packages, as well as a 10-trip package. “In particular, the project provides benefits for children under 7 years old (free public transport), schoolchildren aged ...

11/19/2024


OVIO launches new 3-month all-inclusive package with 50% discount for AMD 4950

OVIO announced the launch of a new “All-in” package, offering a three-month 50% discount to subscribers for AMD 4,950. YEREVAN, October 1 /ARKA/. OVIO announced the launch of a new “All-in” package, offering a three-month 50% discount to subscribers for AMD 4,950. The package includes: - Home Internet with speed up to 300 ...

10/01/2024


Cumulative deposit on flexible terms: Byblos Bank Armenia's new offer

... interest will be accrued quarterly. Deposits starting from AMD 500,000 | $1,000 | €1,000 and above are accepted, offering competitive interest rates and access to an overdraft facility. Customers booking a deposit as part of the offer will receive a 50% discount on the rental of safe deposit boxes. Deposits can be fixed at any branch of Byblos Bank Armenia, while applications can be submitted online as well. The offer is valid until December 31. Detailed information can be obtained on the Bank's official ...

07/01/2024


Efes Insurance launches two health insurance products in Armenia

... everywhere in the world except North America for virtually all areas of health care, from annual physicals to cancer treatment. The coverage limit is about €2 million, the cost is monthly from $120-130 (47,000 drams). There are also family packages with a discount system. The importance of reinsurance companies Meliksetyan, answering a question from the ARKA agency, said that one of the important factors in cooperation with reinsurance companies is the protection of capital. “Reinsurers balance large ...

05/31/2024


Armenian National Assembly Committee approves bill on discounts to motorists for traffic violations

... these fines cause social tension, as well as additional expenses for courts and the administration of the Chief Enforcement Officer , the draft proposes to apply a number of measures. In particular, if the driver pays the fine within 15 days, a 30% discount will be applied," the deputy minister said. The last change, as Sargsyan noted, concerns the protocol drawn up on the fact of violation of traffic rules and its transfer to the court for application of administrative proceedings. Such a ...

02/01/2024


Armenian government approves discounts for motorists if they pay traffic fines within 15 days

... motorists to pay only 70% of a fine for breach of traffic law in case it is paid within 15 days. In addition, it has been proposed that motorists who choose the digital method of receiving fine notices instead of the paper method will receive a 20% discount on the fine amount. The proposed discounts are cumulative, but are applied sequentially. That is, if a citizen initially agrees to electronic notification, they will receive a 20% discount. In case of payment within 15 days, a 30% discount is ...

01/11/2024


How to choose the right broker

... interface and the best commissions. In addition, foreign brokers are located in jurisdictions with more developed laws and regulatory practices. Type of broker Focus on the amount of money you intend to manage to understand which type of broker to turn to: discount or full-service. The first option includes companies that offer stock buying and selling services to the mass investor for a reduced commission. Entering the market through such an intermediary, you will get a limited range of opportunities - ...

01/10/2024


How to Build Up Financial Discipline

... periodically check to see if you're using the services you're accustomed to in a sustainable way. Often, water and electricity consumption can be reduced. Opt out of irrelevant subscriptions and tariffs. Don't pick up too many groceries at the store, even at a discount. In all likelihood you won't have time to use them all and will throw them away. Items that are used only once (tools, attire for a celebration) can be rented rather than bought. The key principle: the "obviousness" of household expenses ...

12/12/2023


Head of Armenia's anti-trust commission warns retailers of fines in case of bad faith in the run-up to Black Friday

..., November 21. /ARKA/. The head of Armenia's Competition Protection Commission Gegham Gevorgyan warned retailers on Monday of fines in case of bad faith in the run-up to Black Friday - November 24. "Our main message is that retailers offer real discounts. If a discount of up to 70% is announced, it should apply to at least 20% of all items. If not, such a retailer should be fined to the tune of 2.5% of its turnover," Gevorgyan told Armenian Public Television. According to him, stores should ...

11/21/2023


Ardshinbank offers "Standard" and "Standard+" packages for individual entrepreneurs and small and medium-sized enterprises

... package includes: Opening and maintenance of bank accounts (regardless of currency, with no limit on the number) Issuance of Visa Gold cards (for individuals) and Mastercard Business cards 2 transfers per month outside the Republic of Armenia with a 50% discount using the OUR option (all transfer expenses are borne by the sender) Activation of POS terminals Activation and maintenance of Internet banking services Payroll project SME-FLEXI credit and other credits for small and medium-sized business clients ...

10/24/2023


Acba bank opens 65th branch

... opening of Sebastia branch the following services will be available on special terms until December 29 inclusive: For individual customers: - Free MasterCard Standard and American Express Cashback cards for the whole period of their validity, - 50% discount on the first year of Visa Signature cards service (card benefits - here ), - 30% discount on American Express Gold cards service if the cardholder is a depositor at Acba Bank (card advantages - here ). For more details, visit the bank's website....

10/23/2023


EBRD improves Armenia's economic growth forecast for 2023 to 6.5%, worsens expectations for 2024

... latest update. "At the same time, inflation fell below zero in July 2023, helping to reverse the appreciation of the real effective exchange rate seen over the past two and a half years. The Central Bank of Armenia began a gradual reduction in the discount rate, implementing two 25 basis point cuts in June and August 2023, bringing the discount rate to 10.25%," the report says. Analysts said growth is likely to slow in the second half of the year as the temporary factors that contributed to ...

09/27/2023


Armenia's CPEC fines companies for about 86.2 million drams for violations during discount campaigns

Armenia's Commission for Protection of Economic Competition (CPEC) has revealed a string of violations, committed by companies when announcing discount campaigns and imposed total fines of about 86.2 million drams, issuing also 15 warnings, the CPEC said in a Facebook post. YEREVAN, July 19. /ARKA/. Armenia's Commission for Protection of Economic Competition (CPEC) has revealed a string ...

07/19/2023


Armenia seeks to diversify exports and eliminate dependence on one market - Ministry of Economy

... presented the opportunities provided by the Swiss GSP - a preferential commodity agreement, which gives an opportunity to developing countries, including Armenia, to get extended trade privileges. Under the system, Switzerland provides partial or full discount on customs privileges for goods exported from developing countries, which stimulates trade development and economic growth. Among the advantages of the GSP are access to new markets; diversification of export destinations for Armenia; strengthening ...

07/12/2023


Company director arrested for selling sugar and buckwheat without payment documents

... in order to conceal the real buyers of sugar and buckwheat the director of the company had drawn up false documents to show that he himself bought part of the products. The rest of the goods, according to those documents, were allegedly sold at 97% discount. The director alleged that he used 320 tons of sugar to feed his bees and distill alcohol to disinfect the warehouses. The Investigation Committee initiated criminal proceedings for not paying 78 million drams in taxes. Employees of the SRC and ...

06/21/2023


Unibank announces new issue of shares

... transparent. Acquisition of shares of a reliable and stable bank is one of the ways to make long-term and profitable investments and savings. Today Unibank has over 180 shareholders. Holders of Unibank shares enjoy preferential service conditions: 25% discount for tariff services, higher deposit rates and more favorable crediting terms. The public offering prospectus was registered by the Central Bank of Armenia on 03.05.2023 in accordance with its decision № 1/226A. The investor may buy the prospectus ...

05/12/2023


Cost of health insurance in Armenia will range between 150,000 and 200,000 drams annually

... also be able to count on assistance from the state. "Those citizens, who earn a little less than 250 thousand drams per month, will also be able to count on the support of the government. These people, for example, will be provided with a "discount" of up to 30%. The state will pay that amount for them," the Deputy Minister said. The mandatory insurance plan approved by the government in February 2023 will not cover plastic surgery, dental services, additional patient care or ...

04/21/2023


Museum visits for children under 12 will be free in Armenia – Minister

... exhibitions of museums and reserves under the jurisdiction of the Armenian Ministry of Education will be free for children under the age of 12 starting from May 1, minister Zhanna Andreasyan said. Children over 12 and students will enjoy a 50 percent discount on tickets, she said in a Facebook post. "Beginning with the new school year, significant changes will be made to school season ticket programs. Transportation to theaters and museums, if necessary, will also be regulated," she added....

04/14/2023


Armenian investor buys one of the biggest offices in Russian St. Petersburg

... noted that the purchase price was attractive. Deals to sell Russian assets of investors from the list of so-called 'unfriendly countries' since last December have been reviewed by a government commission, which approves them only if they are sold at a discount of at least 50% to the market price. "This is a quality facility, the largest in St. Petersburg. There will always be demand for commercial real estate of this level," Amaryan said. Pulkovo Sky business center consists of three 14-storey ...

02/03/2023


Armenia ranked 23rd in global ranking of rising food costs

Picodi.com, an international e-commerce company providing discount coupons for online stores, ranked Armenia 23rd in the list of countries where the prices of fruits and vegetables rose the most over the past six months. YEREVAN, August 15. /ARKA/. Picodi.com, an international e-commerce company providing ...

08/15/2022


Bloomberg columnist: Russia is winning in energy markets

... ahead of the planned introduction of official sanctions in early November. The Urals crude, the flagship Russian oil export to Europe is recovering in price, selling recently at $20 to $25 a barrel cheaper than the Brent benchmark, after trading at a discount of almost $35 in early April. Everyone who bet that Russian oil production would continue to drop — myself included — got it wrong, Blas says. ‘With Brent crude hovering at close to $100 a barrel, and with Russia able to offer smaller ...

08/11/2022


Restrictions on special offers and discounts introduced in Armenia

... consumers’ interests, come into force in Armenia from July 31, Tigran Markosyan, a member of Armenia’s Commission for the Protection of Economic Competition, told a news conference on Wednesday. Markosyan specified that the amendments are related to discounts and special offers touted by retailers. He said the Commission had fixed a set of violations committed by the latter, when the discounted price of a good was higher than the original price, when incomplete or inaccurate discount information ...

07/27/2022


With love and care: Aregak Bakery products from Gyumri captivate guests of Yerevan Wine Days (VIDEO)

... general sponsor of the even was Acba bank jointly with the Visa international payment system. The bank has created special conditions for customers: when buying tickets and wine tasting packages via the acba digital app, the participants received a 20% discount. All conditions were created at the festival for wine tasting to become a real art in small Armenia with great wine traditions. Acba bank is regulated by the Central Bank of Armenia. -0-

06/06/2022


VTB Bank (Armenia) customers awarded 5% discount when applying for consumer loans

When applying for VTB Bank (Armenia) consumer loans until February 21 at the bank’s partner outlets, the bank’s clients will be awarded a discount on the purchase of goods, the bank’s press service said in a press release today specifying that the discount will make 5% of the loan amount. YEREVAN, February 16. /ARKA/. When applying for VTB Bank (Armenia) consumer loans until February ...

02/16/2022


Hiking prices outpace wage rise in Armenia, Picodi.com says

... drams, and the minimum consumer basket in June 2021 was 70 thousand drams. According to the National Statistical Committee (NSC) of Armenia, the 12-month inflation rate in December 2021 was 7.7% Picodi.com, an international e-commerce company providing discount coupons for online stores, was created in 2010 in Krakow, Poland, (initially as International Coupons S.A.), Picodi.com is currently operating in 41 countries. It is free and available for everyone. -0-

01/14/2022


Trade-in law comes into force in Armenia

... Minister Vahan Kerobyan told a government meeting on Wednesday that the vehicle trade-in law came into force in the country on January 1, 2022. He explained that the law allows vehicle owners to sell their cars to car dealers and buy a new one at some discount. He said last year the procedure had been revised to make it more effective from a taxation point of view. "The law has already come into force with all the regulatory provisions. Now, however, there is a small shortage of new cars, but ...

01/05/2022


Yerevan has lowest hourly parking fee

Picodi.com, an international e-commerce company providing discount coupons for online stores, has compiled a ranking of cities by the hourly cost of street parking and residence passes. YEREVAN, December 16. /ARKA/. Picodi.com, an international e-commerce company providing discount coupons for online stores,...

12/16/2021


Unibank issued preferred shares with a 12% yield

... preferred shareholders receive high income, but also the opportunity to take part in determining the future strategy of Unibank, having the right to vote on key issues. Moreover, the shareholders are guaranteed to have priority service in the bank, a 25% discount on all services of the tariff line, an increased rate on deposits, and more favorable lending conditions. Issuance of preferred stock was yet another step towards the global objective of Unibank - to become a bank of the new era, offering profitable ...

10/12/2021


Exclusive opportunity for VISA Signature cardholders of Converse Bank

... offered a credit limit to be used for any purpose. VISA payment system, in its turn, affords the following opportunities to premium VISA Signature cardholders: 4-time free access to the Lounge Key of any international airport, travel insurance, 12% discount in agoda.com, 35% discount at AVIS service points, refund of delayed flights and baggage, shopping insurance, concierge service and the like. See the details here https://www.conversebank.am/hy/visa-signature/ The Bank is supervised by the Central ...

09/09/2021


Acba bank opens 63rd branch at Garage Mall

... in Armenian drams, the annual interest rate will be 8.5% (1% higher), in the US dollars - 3.55% (0.3% higher). • Visa Classic cards will be served free of charge during the first year, • American Express Cashback cards will be served with a 50% discount during the first year, •American Express Blue cards will be served with a 50% discount, • Express Business loans in Armenian drams will be provided at the nominal interest rate of 10.5-12.2%. • Visa Business and ArCa Business cards will ...

09/03/2021


Three days of holidays and cashback - a new offer for Converse Bank MasterCard cardholders

... largest amount of non-cash purchases will get a Certificate for a 3-day family vacation (for 2 adults and 2 children) in Armenia. At the same time, the customers who become Bank’s MasterCard holders during the campaign period, will benefit from a 50% discount on the annual service fee throughout the period of the validity of the card. It should be noted that the Bank has been a member of the MasterCard international payment system since 2009. In recent years, the Bank has carried out a number of successful ...

08/31/2021


Converse Bank: funding and additional services for women

... maintaining a savings account, issuing and servicing one Woman’s Card payment card during the operation of the package will be offered free of charge. One Visa Classic, Visa Gold or MasterCard Gold payment card will be provided and serviced at a 50% discount. Free financial consultation will be provided if required. For more details, please visit: https://www.conversebank.am/hy/campaignforwomen/ The oversight of the bank is exercised by the Central Bank. -0-

08/11/2021


VTB Bank (Armenia) launches Summer deposit campaign

... products are provided on preferential terms at the client's choice: MasterCard Gold payment card with free monthly service and cashing from the bank's ATMs for the period of the deposit's validity or the possibility of having deposit box with a 30% discount from standard tariff at the Bank (the number is limited). For the convenience of customers, VTB Bank (Armenia) also offers to make a deposit through the Video Bank service, which allows making bank transactions without visiting its branches. ...

06/30/2021


VTB Bank (Armenia) offers installment buying from Ideal Systems

VTB Bank (Armenia) said today customers can take advantage of a unique opportunity - to apply for an installment loan for buying building materials and plumbing visiting https://shop.idealsystem.am/ and get discounts. YEREVAN, May 11. /ARKA/. VTB Bank (Armenia) said today customers can take advantage of a unique opportunity - to apply for an installment loan for buying building materials and plumbing visiting https://shop.idealsystem.am/ and get discounts....

05/11/2021


Armenian government triples funding for reproductive health programs

... medical centers that use reproductive assisted technologies. After undergoing free diagnostics and treatment, and if necessary surgical intervention, they get the possibility of a free in vitro fertilization. The second attempt is provided with a 50% discount. Also 6 attempts of artificial insemination are provided free of charge. “In total, 62 babies have already been born within the framework of the program, but there are still pregnant women, Pashayan said. According to the founder of the Fertility ...

03/22/2021


Unibank wins STP Quality Award of Austrian Raiffeisen Bank International

... individual exchange rates. New clients who decide to transfer their turnover to the bank are offered the “First Year with Unibank” package, within which they can make SWIFT transfers absolutely free of charge for three months, and receive a 20% discount for the next nine months. In addition, those who subscribe to the package are allowed to convert currency at individual rates, additionally saving money. The cost of the package is AMD 10,000 per year. ($1 - 527.69 drams). -0-

03/18/2021


VTB Bank (Armenia) offers its premium clients new Visa Signature cards

... abroad with an annual commission for the specified service in the amount of AMD 50,000; • placement of deposits with + 0.2% to the standard rate; • credit card with a grace period of up to 55 days; • preferential terms and lending process; • 50% discount for keeping valuables in personal safe deposit boxes of the bank. The Privilege package includes the service of a personal manager, who provides the package owner and his family members with a quick and convenient service with access to all services ...

02/03/2021


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