AGP Executive Report
Last update: 11 hours agoInvestor & Banking: Lion Finance Group’s Investor Day 2026 in Tbilisi drew about 100 international investors and analysts, with Central Bank Governor Martin Galstyan and Finance Minister Vahe Hovhannisyan among speakers; the event also highlighted LFG’s strategy, digital push, and its FTSE 100 inclusion. Energy & Utilities: Armenia is set to decide in mid-July on Electric Networks of Armenia (ENA) being declared a project of overriding public interest, a move tied to possible concession management and compensation; ENA owner Samvel Karapetyan urged the public not to take the nationalization talk seriously. Health Insurance: Universal health insurance is expanding smoothly: about 1.7m beneficiaries so far, with coverage widening from Jan 1, 2027 to civil-law workers, taxi drivers and registered employees, and then to all citizens by 2028. Trade & Agriculture: Economy Minister Gevorg Papoyan reported fresh export figures (including apricots, cherries, peppers and flowers) and said Russia’s restrictions are pushing diversification; he also announced a new broader support program for domestic producers. Payments & Fintech: Armeconombank joined ArcaPay, enabling free bank-to-bank transfers via AEB Mobile using a phone number until Dec 31, 2026; EasyPay kiosks now support ArcaQR verification. Tech & Regulation: Armenia is moving toward IMEI code control to curb illegal phone imports and “shadow” sales, with experts calling for market analysis before rollout. Public Works: IDBank and Yerevan Municipality agreed to renovate Moscow Park for the bank’s 35th anniversary, focusing on green zones, lighting and recreation upgrades.
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