ArmInfo.In Armenia, fees on travel insurance reached a significant 70% growth in the first half of 2021 (from a significant 46.4% decline a year earlier), reaching a  volume of 235.9 million drams ($ 475.8 thousand). Such growth,  associated with some activation of outbound tourism, allowed not only  to approach the volume of two years ago, but also to return the 1%  share of travel insurance in the total portfolio of premiums.

ArmInfo.

ArmInfo. In Armenia, economic activity in January-July 2021 increased by 5.3% per annum (against a 5.7% decline a year earlier), accompanied by an accelerated growth in  exports and imports. In July of this year by July 2020, economic  activity increased by 6.2% (against a decline of 10.2% a year  earlier), while in July 2021 alone it slowed down to 7.5% from June  12%, which was also observed in July 2020 - to 9.4% from 14.8% in  June.

ArmInfo.The volume of industrial production in Armenia in January- July 2021 accelerated the annual growth to 2.1% (from 1.3% a year earlier), exceeding 1.2  trillion drams ($ 2.3 billion). According to the Statistical  Committee of the Republic of Armenia, such a slight acceleration in  the growth of industrial production was due to a significant slowdown  in the growth of the mining industry, with a continuing downward  trend in the volume of the manufacturing industry.

ArmInfo.Today AMX-Armenia Securities Exchange has hosted Nikolai Podguzov, CEO at Eurasian Development Bank, Vice Chairmen and management representatives of EDB.

ArmInfo.

ArmInfo.

ArmInfo.As of August 31, 2021, tax revenues (tax revenues and state duties) of the state treasury of Armenia amounted to 983.9 billion drams, or 95.1% of the planned  indicator fixed in the law "On the state budget of the RA for 2021"  for 9 months. The Budget Office of the RA National Assembly informs  about it, referring to the operational data.

ArmInfo. The result of achieving the goals of the new Strategy for the development of the Eurasian Development Bank (EDB) in Armenia, Kyrgyzstan and Tajikistan  by 2026 may be a fourfold growth in the Bank's project portfolio  relative to 2020. This is stated in the Bank's Strategy for 2022 -  2026.

ArmInfo.

ArmInfo. The Eurasian Development Bank (EDB)  and Gazprombank agreed to develop cooperation on banking support for  contracts when implementing projects in the EDB member states. The  memorandum was signed on the sidelines of the Eastern Economic Forum  by Tigran Sargsyan, Vice Chairman of the EDB Management Board, and  Oleg Melnikov, Executive Vice- President and Head of the Department  of Banking Support for Contracts at Gazprombank. 

ArmInfo. ACBA Bank opened its 63rd branch - "Garage Mall", which is located in Yerevan at st.  Mazmanyan 1. Among the capital branches of the bank, this is the 19th  in a row. As noted in the message of the bank, in the newly opened  branch, clients will be offered the whole range of services provided.   This branch will work five days a week (Monday-Friday from 09:30am to  6:00pm inclusive (settlement and cash services - 09: 30am-4: 30pm).

ArmInfo.The flight of the Georgian Myway Airlines, operating from Zvartnots airport to Tbilisi's Shota Rustaveli airport, was delayed by more than 11 hours.

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ArmInfo.The goal of Armswissbank is to establish a production in Armenia that will be  stable and competitive in international markets. Executive Director  of Armswissbank Gevorg Machanyan stated this in an interview with  ArmInfo correspondent.

ArmInfo.

ArmInfo. In 2020, the European Bank for Reconstruction and Development (EBRD) implemented programs in Armenia in a total volume of 160 million euros.  Head of  EBRD Armenia Office Dimitri Gvindadze stated this, answering the  question of an ArmInfo correspondent.

ArmInfo. On September 2, the Armenian government satisfied the application of "Normed" LLC for exemption from import customs duties on imported technological  equipment, their components and components for them, raw materials  and materials imported within the framework of the investment program  implemented in the priority sector.

ArmInfo.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) and ARMSWISSBANK have signed two new loan agreements totalling USD 8 million under the SME Competitiveness Programme in Eastern Partnership that is supported by  the European Union (EU) ("SME Competitiveness Programme") and Green  Economy Financing Facility in Armenia Phase ll Energy Efficiency  Program ("GEFF in Armenia") supported by the Green Climate Fund  (GCF).