The most anticipated digital forum in Armenia is back. On April 3, Yerevan will once again host the Doing Digital Forum (DDF), bringing an even more compelling and comprehensive agenda. The forum’s third edition, titled “The Future of Money: Economic Impact,” will explore the rapid evolution of financial systems, the growing influence of digital currencies, and the transformative power of blockchain and AI-driven technologies. By convening global experts, industry leaders, and policymakers, the forum will drive high-level discussions on the future of financial ecosystems and Armenia’s role in the global digital economy.
Four companies under the “Badalyan Brothers” Group of Companies have secured spots on Armenia’s list of top 1,000 taxpayers for 2024. The group contributed a total of 26.017.541.000 AMD in taxes, including payments made the founders.
From providing a truck to any location in China, to formalizing export procedures and delivering goods at transit checkpoints, all the way to the final destination specified by the customer, the entire shipment process is managed by our team. We have members not only in Armenia, but also in China and other transit countries. Numerous factors influence delivery times, and due to this fact, cargo from Shanghai to Armenia can arrive in 20 to 30 days,” said Nikoghosyan.
FINTECH360 International Conference will be held in April in Yerevan
Unibank has completed the placement of a subordinated bonds issue totaling USD 10 million. The bonds will be listed on the Armenian Securities Exchange.
Unibank’s new branch «Zoravar Andranik» has started servicing clients.
Converse Bank is pleased to announce that Grant Akopian, its Deputy CEO and CFO, has been elected to the Board of Directors of the Banking Association for Central and Eastern Europe (BACEE). This prestigious appointment reflects Converse Bank’s commitment to regional collaboration and strengthening the financial sector in Central and Eastern Europe.
We are pleased to announce that Converse Bank has made a significant stride in the realm of trade finance by becoming a confirming bank under the EBRD TFP.
As a result of a new collaboration between Acba bank and the International Finance Corporation (IFC), Acba bank will allocate $50 million to finance and develop micro, small, and medium enterprises (MSMEs) in Armenia.
Converse Bank and the International Finance Corporation (IFC) are collaborating to enhance access to finance for small and medium-sized enterprises in Armenia. As part of this partnership, IFC will provide an unfunded risk sharing facility that covers 50% of the credit risk on a loan portfolio of US$ 10 million equivalent, enabling Converse Bank to expand its lending capabilities to SMEs.