The European Bank for Reconstruction and Development (EBRD) has been working in Armenia for the past three decades focusing on developing the country’s financial sector, supporting development of value-added industrial companies, improving the business environment and more. Head of EBRD’s Yerevan Resident Office, George Akhalkatsi, speaks to EVN Report about the organization’s activities and plans for the future.
Armenian banks offer 9% interest on a one-year term deposit. Harout Manougian explains what you need to know before opening an account.
Armenia’s advancement in the tech and innovation space is only in its infancy. In order to take the next step, domestic financial markets need to be well-aligned and sophisticated enough to provide the best possible support and take Armenian entrepreneurship and innovation to the next level.
The engine to a developed economy is the competitiveness of local businesses, because they are the building blocks of the economy and the country’s development. It is time for Armenia’s economy to advance to the next level of efficiency and each company has a unique role to play in this regard, writes Sona Grigoryan.
EVN Report’s mission is to empower Armenia, inspire the diaspora and inform the world through sound, credible and fact-based reporting and commentary. Our goal is to increase public trust in the media. EVN Report is the media arm of EVN News Foundation registered in the Republic of Armenia in 2017.
