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Economics

panorama.am07/20th/2022, 9:48

Who are worst hit by price rises in Armenia?

No effective mechanisms are in place to tackle rising inflation and dram appreciation in Armenia, according to Babken Pipoyan, head of the Informed and Protected Consumer NGO. He claims that social benefit recipients, pensioners and those who receive financial assistance from abroad are hit hardest by “relentless” price increa...

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panorama.am03/10th/2022, 10:00

Highest mountain organic vineyard in the world founded in Armenia – ACBA Bank

Winemaking advances to the mountains: at an altitude of 2080 meters above the sea level, next to Smbataberd and Tsaghats Kar, is the organic vineyard of Maran company. The company has founded the highest vineyard in the organic world with the philosophy of preserving and balancing biodiversity. Maran is the first private win...

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armenpress.am01/20th/2022, 12:30

EBRD to provide US$25 million to Ameriabank for private sector lending

The European Bank for Reconstruction and Development (EBRD) is providing a US$25 million financial support to Ameriabank in Armenia for on-lending to private businesses in the country. As part of the financing package Ameriabank will receive US$ 10 million under the Women in Business (WiB) programme for on-lending in local curre...

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panorama.am01/20th/2022, 11:00

EBRD provides US$ 25 million to Ameriabank for private sector lending

The European Bank for Reconstruction and Development (EBRD) is providing a US$ 25 million financial support to Ameriabank in Armenia for on-lending to private businesses in the country, American reported in a press statement. As part of the financing package Ameriabank will receive US$ 10 million under the Women in Business (...

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armenpress.am12/29th/2021, 7:12

WFP & “Yeremyan Projects” share the same vision: joint trip to Jermuk to explore the best practices

(Yeremyan Projects Press Release) Food value chains play an essential role in reducing both poverty and malnutrition and at the same time increasing the level of food security in Armenia. Aiming to foster national food security and thus contribute to the economic growth of the country, since 2019, the United Nations World Food P...

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panorama.am12/2nd/2021, 3:12

OPEC Fund partners Ameriabank to address problems and help to improve the life of people in Armenia - T. Alnassar

Tareq Alnassar, OPEC Fund Assistant Director-General, Private Sector and Trade Finance Operations, talks about OPEC Fund’s partnership with Ameriabank, projects implemented by the fund, private sector support and the SME development strategy of the Armenian government. “Ameriabank is a pioneer bank. It’s a market leader. And ...

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panarmenian.net12/2nd/2021, 1:18

Tareq Alnassar talks OPEC Fund partnership with Ameriabank

December 2, 2021 - 17:15 AMT PanARMENIAN.Net - Tareq Alnassar, OPEC Fund Assistant Director-General, Private Sector and Trade Finance Operations, has in a recent interview spoken about the OPEC Fund’s partnership with Ameriabank, projects implemented by the fund, private sector support and the SME development strategy of the Arm...

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armenpress.am12/2nd/2021, 12:42

OPEC Fund partners Ameriabank to address problems and help to improve the life of people in Armenia: T. Alnassar

Tareq Alnassar, OPEC Fund Assistant Director-General, Private Sector and Trade Finance Operations, talks about OPEC Fund’s partnership with Ameriabank, projects implemented by the fund,private sector support and the SME development strategy of the Armenian government. “Ameriabank is a pioneer bank. It’s a market leader. And of c...

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panorama.am11/26th/2021, 4:36

One Success Story: Trimming the Spirits - Converse Bank

Hermine Harutyunyan founded HERMINA beauty parlor 5-6 year ago together with her sister. The sisters have rich practice. They have recruited a professional staff and nowadays offer services with a motto “We trim the spirits,” Converse Bank reports. “You have most probably noticed, when a woman is in low spirits she goes eithe...

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panorama.am11/18th/2021, 2:36

One success story: When the idea turns into reality - Converse Bank

TSAYG TV is well known in Armenia. According to Margarita Minasyan, the director of TSAYG LLC, the television in Armenia cannot ensure large financial flows, though needs large financial investments for development. That was why the owners decided renovating the own real estate in the center of Gyumri to open a business center ...

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