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December, 2022
December 2022
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One Success Story: When the idea turns into reality
18/11/2021 21:25 0.1K

One Success Story: When the idea turns into reality

TSAYG TV is well known in Armenia.  According to Margarita Minasyan, the director of TSAYG LLC, the television in Armenia cannot ensure large financial flows, though needs large financial investments for development.  That was why the owners decided renovating the own real estate in the center of Gyumri to open a business center and to direct a part of revenues for the development of the TV company.

Once the shareholder meeting took the decision, the Company applied to Converse Bank for a loan, which was approved.  After renovation the premises were leased to various companies.

“We tended to work with young people from the very beginning.  And as it turned out, IT companies are concentrated in our business center today,” Margarita said and added that they were considering the establishment of small productions with the support of Converse Bank.

The project was financed within the scope of the EBRD Women in Business Program.

Converse Bank CJSC SME online lending platform- https://sme.conversebank.am/

Oversight of the Bank is exercised by the Central Bank of Armenia.

Ucom - high speed internet connection starting at AMD 6,500
AMD Rates
10:30 09/12 Buy Sell
AMD / USD 393.00 397.00
AMD / EUR 410.00 420.00
AMD / RUR 6.22 6.45
dollars
dollars
CBA Rates
09/12/2022
USD / AMD
395.30
+0.15%
EUR / AMD
417.56
+2.18%
RUR / AMD
6.33
+0.01%
GBP / AMD
484.72
+3.70%
Cryptocurrencies
10:30 09/12
BTC/AMD
6,802,389
+2.24%
BTC/USD
17214.70
+2.39%
ETH/USD
1280.56
+4.22%
BCH/USD
111.83
+2.76%
XRP/USD
0.392060
+1.07%
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77.93
+3.91%
BNB/USD
290.13
+2.34%
DOGE/USD
0.098260
+2.35%
ETH/BTC
0.07438085
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BCH/BTC
0.006495674
+0.34%
XRP/BTC
0.000022773
-1.30%
LTC/BTC
0.00452665
+1.47%
BNB/BTC
0.016851986
-0.07%
DOGE/BTC
0.000005707
-0.07%
CBA Metals
09/12/2022
dram / gram
Gold
22751.35
+109.63%
Silver
288.44
+4.05%
FOREX
10:00 09/12
EUR/USD
1.058
+0.80%
GBP/USD
1.2271
+0.67%
USD/JPY
135.91
-0.82%
EUR/GBP
0.8618
+0.12%
Oil
10:00 09/12
$ / barrel
Brent
76.76
-1.46%
Light Sweet
72.06
-1.02%
COMEX
10:00 09/12
$ / tr. oz
Gold
1813.50
+0.98%
Silver
23.33
+2.23%
Platinum
1013.40
-0.07%
LME / 3M
10:00 09/12
$ / tonne
Aluminium
2503.00
+0.70%
Copper
8543.00
+1.02%
Nickel
29725.00
-5.46%
Tin
24625.00
+1.31%
Lead
2212.00
+0.00%
Zinc
3236.50
+1.68%
Molybdenum
50066.92
+9.60%
Cobalt
51955.00
+0.00%
Indexes
10:00 09/12
point
Dow Jones
33781.48
+0.55%
S&P 500
3963.51
+0.75%
NASDAQ
11082.00
+1.13%
FTSE
7472.17
-0.23%
CAC 40
6647.31
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14264.56
+0.02%
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1096.63
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27901.01
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1961.56
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3206.95
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26/03/2020
Refinancing
Refinancing Rate
9.25
+0.00%
Lombard Repo
Lombard Repo Rate
10.75
+0.00%
Deposit
Deposit Rate
7.75
+0.00%
Macroeconomy
10/2022
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
2,128.5
+9.9%
Export 1
Export
4,129.4
+71.2%
Import 1
Import
6,755.8
+63.5%
CPI
Consumer price index
+8.70
Avg. Salary 2
Average salary
226,621
+14.0%
Services 3
Volume of services
2,074.3
+27.90%
Construction 3
Volume of construction
360,764
+14.4%
1 - mln AMD, 2 - AMD, 3 - bln AMD