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Tag: Armenia

Posted on September 4, 2023

EDB says S&P upgrades Armenia’s rating due to strong performance

S&P Global Ratings’ decision to upgrade Armenia’s ratings was prompted by strong economic, fiscal and external indicators, the Eurasian Development Bank’s (EDB) chief economist Yevgeny Vinokurov said …
Posted on September 4, 2023

Armenia to toughen the fight against legalization of illegal incomes

The Armenian National Assembly’s committee on financial and budget issues approved today a government-designed bill aimed at toughening the fight against legalization of illegal incomes.
…
Posted on September 1, 2023

S&P and Fitch look at liquidity, when revising Armenia’s credit ratings – former finance minister

S&P Global Ratings and Fitch Ratings look at liquidity, when revising Armenia’s sovereign credit ratings, former finance minister Vardan Aramyan said in an interview with 168.am.
…
Posted on September 1, 2023

First in Armenia: Ameriabank’s Mortgage Portfolio Goes Past AMD 200B

Ameriabank has retained absolute leadership in the Armenian banking sector by mortgage loan portfolio. In H1 2023, Ameriabank’s mortgage portfolio increased by more than AMD 23B to a total of USD 209.
Posted on August 30, 2023

American Senator And His Wife, Who Is Of Armenian Descent, Accused Of Financial Fraud

Recall that pro-Armenian Senator Menendez is widely known for his anti … acknowledged that a new federal investigation was underway. The sale was a surprising financial turnaround for Arslanian, who …
Posted on August 30, 2023

S&P upgrades Armenia to ‘BB-‘ as Russians boost economy

S&P Global Ratings has upgraded Armenia’s long-term foreign and local currency sovereign credit ratings from ‘B+’ to ‘BB-‘ after the Caucasus country’s economy boomed last year from spillovers related …
Posted on August 30, 2023

Sharp reversal in financial and labor inflows into Armenia from Russia within next few years appears unlikely- S&P Global Ratings

A sharp reversal in financial and labor inflows into Armenia from Russia within the next few years appears unlikely, S&P Global Ratings said.
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Posted on August 30, 2023

S&P upgrades Armenia To ‘BB-‘ From ‘B+’ On Robust Growth And Improved Fiscal Position; Outlook Stable

After a stellar year for Armenia’s economic output in 2022, the growth is expected to slow but remain at a robust 7.5% in 2023, S&P Global Ratings said as it raised August 25 its long-term foreign and …
Posted on August 29, 2023

Apartment prices in the center of Yerevan continued to rise in June- World Bank

Real estate prices held up compared to 2022, despite fewer transactions, the World Bank says in its Armenia monthly economic update for August 2023.
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Posted on August 28, 2023

Freedom Broker empowers capital markets in Armenia and enhances financial literacy among population

By providing comprehensive financial education and access to a wide range of investment options, Freedom Broker is contributing to the development of a robust investor community in Armenia. The …

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