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Economy

US Treasury transfers $20 billion in Ukraine loan funds to World Bank facility
23:12, Tuesday, 10 December, 2024
Today, the United States Department of the Treasury is announcing the disbursement of $20 billion for the benefit of Ukraine, as part of the $50 ...
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Ameriabank named the Bank of the Year 2024 in Armenia by The Banker Magazine
18:36, Thursday, 05 December, 2024
Ameriabank has been named the Bank of the Year 2024 in Armenia by The Banker Magazine, a leading financial publication affiliated with the Financial ...
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Moldova adopts U.S. sanctions to counter election interference
20:12, Wednesday, 27 November, 2024
The Republic of Moldova has adopted U.S. sanctions against three entities and two individuals from the Russian Federation, accused of engaging in ...
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Elon Musk said the F-35's makers are 'idiots' for still building manned jets as drone tech rises
22:12, Monday, 25 November, 2024
Elon Musk, who's set to start advising President-elect Donald Trump on government efficiency in 2025, criticized the Pentagon's F-35 program in two ...
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Finnair Will Cancel 300 Flights in December 2024 Amid Pilot Strike
19:36, Sunday, 24 November, 2024
The Finnish Air Line Pilots Association has announced strikes on December 9 and 13, 2024, significantly affecting Finnair (AY) operations. The ...
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Indonesia, Malaysia and Thailand become BRICS partner countries
19:54, Friday, 15 November, 2024
eputy Foreign Minister of Russia Aleksander Pankin said at the joint meeting of foreign and trade ministers of the Asia-Pacific Economic Cooperation ...
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EU preparing 15th package of sanctions against Russia - Borrell
23:30, Saturday, 09 November, 2024
The European Union is working on the 15th package of sanctions against Russia, which will strengthen anti-circumvention measures aimed at isolating ...
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Fast Shift has joined Idram's open QR infrastructure
11:48, Monday, 04 November, 2024
At a press conference on September 23, Fast Shift announced its partnership with Idram to join the open QR infrastructure. A memorandum of ...
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US is sending $425 million in military assistance to Ukraine
11:30, Saturday, 02 November, 2024
The Pentagon announced Friday it was sending an additional $425 million in military assistance to Ukraine as Kyiv prepares to face Russian forces ...
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The customer is always our top priority: IDBank
12:48, Tuesday, 15 October, 2024
IDBank's “Shengavit” branch celebrated Customer Day, creating a special atmosphere filled with surprises for all our valued ...
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EU imposes sanctions over Iranian ballistic missile transfer to Russia
14:54, Monday, 14 October, 2024
The European Union agreed on Monday to impose sanctions on seven people and seven organisations linked to Iranian transfers of ballistic missiles to ...
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Germany announces new military aid to Ukraine
22:06, Friday, 11 October, 2024
German Chancellor Olaf Scholz on Friday announced that Germany, together with Belgium, Denmark, and Norway, would deliver another military aid ...
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Attorney General Merrick B. Garland Delivers Remarks Announcing TD Bank’s Guilty Plea for Bank Secrecy Act and Money Laundering Conspiracy Violations in $1.8B Resolution
22:30, Thursday, 10 October, 2024
Good afternoon everyone. Before we get started today, I want to extend my sympathy to the millions of Americans who’ve had their lives turned ...
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Thanks to Visa, TransferGo offers more seamless cross-border payments and cashback for transfers to Visa cards in Central Asia, Caucasus and Moldova
16:27, Thursday, 03 October, 2024
London, UK - September 30th, 2024 - Visa, a world leader in digital payments, has continued working with TransferGo, the global fintech empowering a ...
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Idram Announces the Launch of a Unified QR Infrastructure – Idram for All
14:00, Tuesday, 24 September, 2024
At a press conference held on September 23, Idram announced the opening of its QR infrastructure to all financial institutions. From now on, the ...
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Germany hands over new aid package to Ukraine
19:00, Thursday, 19 September, 2024
On Thursday, September 19, the German government announced a new military aid package for Ukraine, which includes Leopard tanks, anti-aircraft guns, ...
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European Parliament: Ukraine must be able to strike legitimate military targets in Russia
18:06, Thursday, 19 September, 2024
Members of the European Parliament voted on September 19 to adopt a resolution wanting European Union countries to lift current restrictions ...
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Finland announces 25th military aid package for Ukraine
19:24, Friday, 13 September, 2024
Finland has announced plans to deliver its 25th military aid package to Ukraine, according to a defence ministry press release on Friday. The ...
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Erdogan to attend Kazan BRICS Summit
21:42, Wednesday, 04 September, 2024
Turkish President Recep Tayyip Erdogan will attend the BRICS Summit in Kazan, the Haberturk TV channel reported citing sources in the Turkish ...
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Key Insights from the Latest Public Financial Management Assessment Report
12:18, Thursday, 29 August, 2024
Recently, Armenia underwent its third Public Expenditure and Financial Accountability (PEFA) assessment, marking a decade since the last evaluation ...
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US sanctions nearly 400 entities in Russia, outside
20:42, Friday, 23 August, 2024
The US Treasury Department and the State Department targeted Friday nearly 400 individuals and entities both in Russia and outside its borders whose ...
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IDBank continues the "By Your Side" Program
15:54, Monday, 22 July, 2024
It has been 3 months since IDBank's "By Your Side" program was launched, especially for our compatriots forcibly displaced from Artsakh. IDBank ...
3034 | 0
Russia’s war of aggression against Ukraine: Council renews economic sanctions for a further 6 months
14:36, Monday, 22 July, 2024
The Council today renewed the EU restrictive measures in view of the Russian Federation's continuing actions destabilising the situation in Ukraine ...
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More than 21,000 points of sale accept payment via Idram 
15:18, Wednesday, 10 July, 2024
Not only making payments, but also accepting payments via Idram has long been a must-have. Contactless, secure, fast and with a number of ...
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Letter to US attorney general Merrick Garland
11:54, Tuesday, 09 July, 2024
Letter to US Attorney General Merrick Garland, California Governor Gavin Newsom, California Attorney General Rob Bonta, and Los Angeles Attorney ...
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"Bonds". new section in AVAND.am
16:54, Monday, 08 July, 2024
From now on, a new section “Bonds” is available on the financial and banking website AVAND.am. In this section, site visitors can get ...
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Konstantin Tserazov: Armenia: Laying the Ground for the Fintech Leap Forward
17:48, Monday, 01 July, 2024
Armenia is making significant strides in implementing cloud technology. On June 14, the Armenian government approved a project to develop and deploy ...
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EU adopts 14th package of sanctions against Russia
12:30, Monday, 24 June, 2024
The Commission welcomes the Council's adoption of a 14th package of sanctions against Russia. The new package responds to the needs and findings on ...
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Russia overtook US as gas supplier to Europe in May
01:06, Monday, 17 June, 2024
In May, gas imports from Russia to Europe exceeded supplies from the US for the first time in almost two years, despite attempts by European ...
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