IDBank prematurely finished the placement of the first tranche of bonds in 2021

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 17:18, 4 February, 2021

The placement of USD bonds under abbreviation AMANLBB2CER7 through a public offer was finished earlier than planned.

The total volume of the issue was USD 5 million, the annual coupon interest rate is 5%, the coupons are to be paid quarterly and the maturity is 30 months.

The bonds will be listed in the “Armenian Stock Exchange” and will be quoted by the Marketmaker.

They remind from the Bank that now investing in bonds is not only profitable, but also convenient: “Our digital banking specialists have taken care of it: from now on, by buying IDBank’s bonds, our customers can manage their funds in a more flexible way, as in “Banking” section of Idram&IDBank  application and in the appropriate section of IDBanking.am online platform they can view all necessary information about their bonds: the abbreviation, quantity, nominal value, annual coupon interest rate, payout date and the date of redemption”, they have mentioned in the Bank.

The funds attracted by means of nominal bonds are considered to be guaranteed bank deposits and are guaranteed by the Deposit Guarantee Fund of Armenia.

The Bond prospectus was registered by the CBA, resolution N 1/291A of the Chairman of the CBA. The electronic version of the prospectus and the final terms of issue are available on the official  of the Bank.

THE BANK IS CONTROLLED BY CBA

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Armenpress: Central Bank of Armenia: exchange rates and prices of precious metals – 04-02-21

Central Bank of Armenia: exchange rates and prices of precious metals – 04-02-21

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 17:32, 4 February, 2021

YEREVAN, 4 FEBUARY, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 4 February, USD exchange rate up by 0.45 drams to 520.60 drams. EUR exchange rate down by 1.64 drams to 623.94 drams. Russian Ruble exchange rate up by 0.06 drams to 6.90 drams. GBP exchange rate down by 2.66 drams to 707.08 drams.

The Central Bank has set the following prices for precious metals.

Gold price down by 376.43 drams to 30721.17 drams. Silver price down by 45.28 drams to 448.57 drams. Platinum price down by 200.74 drams to 18461.66 drams.

There are no plans for investing common currency in EAEU

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 18:36, 4 February, 2021

YEREVAN, FEBRUARY 4, ARMENPRESS. There are no plans for investing common currency in the Eurasian Economic Union, that issue is not being discussed because of the absence of necessary prerequisites, ARMENPRESS reports, citing Belta agency, Member of the Board – Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission Timur Zhaxylykov said in a video conference on February 4.

‘’There is no mentioning about investing a common currency in the EAEU in any of the agreements or legal acts. There is no such a plan also in the development strategy for the period until 2025. No talks are hold in that direction, that issue is not discussed’’, he said.

The sitting of the Eurasian Intergovernmental Council with the participation of the Heads of Government of the Eurasian Economic Union member states will take place on February 5 in Almaty.

ICRC representatives visit 4 Armenian detainees kept in Azerbaijan

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 18:55, 4 February, 2021

YEREVAN, FEBRUARY 4, ARMENPRESS. ICRC representatives visited 4 Armenian detainees, including civilians and servicemen, kept in Azerbaijan on February 1 and 2, ICRC Armenia Office Communications Program Manager Zara Amatuni told ARMENPRESS.

''They were given an opportunity to communicate with their family members'', Amatuni said, adding that during the visit, the ICRC representatives checked the conditions of detention and their health situation.

The European Court of Human Rights (ECHR) reported on February 4 that it has received Armenia’s Inter-State complaint against Azerbaijan regarding the latter’s convention violations committed during and after the 2020 Artsakh War. The court also said that it received numerous requests under Rule 39 concerning captives and POWs lodged by Armenia or by relatives of the captives.

The requests received so far concern 228 Armenians.




President of the parliament of Armenia thanks UNDP Resident Representative for cooperation

President of the parliament of Armenia thanks UNDP Resident Representative for cooperation

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 19:38, 4 February, 2021

YEREVAN, FEBRUARY 4, ARMENPRESS. President of the National Assembly of Armenia Ararat Mirzoyan received on February 4 Resident Representative of UNDP in Armenia Dmitry Mariassin, who completes his mission in Armenia.

As ARMENPRESS was informed from the press service of the National Assembly of Armenia, at the beginning of the meeting Ararat Mirzoyan thanked Dmitry Mariassin for the cooperation and the joint programs implemented in various spheres.

During the meeting the sides referred to the cooperation between the Armenian parliament and the UNDP, which is aimed at the strengthening of institutional capacities of the parliament.

Resident Representative of UNDP in Armenia Dmitry Mariassin thanked for the effective cooperation with the National Assembly f Armenia during his tenure.

Mirzoyan also referred to the Azerbaijani military aggression against Artsakh last autumn and the heavy consequences of the war, assessing the urgent return of the POWs and other detainees as a priority. The President of the parliament also highlighted the speedy elimination of other humanitarian problems and the active involvement of international partners in those activities.

Ararat Mirzoyan wished Dmitry Mariassin new achievements in his future activities.

Over 52 thousand refugees return to Artsakh

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 21:34, 4 February, 2021

YEREVAN, FEBRUARY 4, ARMENPRESS. 62 refugees returned to Artsakh in one day, accompoanied by the Russian peacekeepeing forces and the military police, ARMENPRESS was informed from the Defense Ministry of Russia.

''A total of 52 thousand and 158 people have returned to Artsakh'', the Ministry said.

Russian peacekeepers arrived in Nagorno Karabakh on November 10, in line with the November 9 trilateral declaration signed by the leaders of Armenia, Russian and Azerbaijan on ending the war.




Armenpress: Delegation led by PM Pashinyan arrives in Kazakhstan

Delegation led by PM Pashinyan arrives in Kazakhstan

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 21:45, 4 February, 2021

YEREVAN, FEBRUARY 4, ARMENPRESS. The delegation led by Prime Minister of Armenia Nikol Pashinyan has arrived in Kazakhstan to participate in the Eurasian Intergovernmental Council session on February 5.

The correspondent of ARMENPRESS reports from Almaty that Deputy Prime Minister Mher Grigoryan, Deputy Foreign Minister Armen Gevondyan, Deputy Minister of Economy Varos Simonyan, SRC Deputy Chairman Ashot Muradyan and others are included in the Armenian delegation.

Starting from January 1, 2021 Kazakhstan assumed the chairmanship over the EAEU.

Armenian FM condemns sale, destruction of Armenian churches in Turkey

JAM News
Feb 4 2021



    JAMnews, Yerevan

The Armenian Foreign Ministry has publicly condemned “Turkey’s policy of purposeful destruction of Armenian heritage.”

In early January, an unknown individual put up a historic Armenian Catholic Church for sale in the Turkish city of Bursa.

Another church is now on sale in the same city, and the Armenian Church of St. Toros was recently destroyed in the Kutahya province of western Turkey.

“Against the background of such vandalism against cultural and historical monuments, statements about regional peace and stability cannot inspire confidence’, says the statement disseminated by the press secretary of the Armenian Foreign Ministry Anna Naghdalyan.

In the Turkish city of Bursa, a historic Armenian Catholic church is for sale, the owner is asking for 800 thousand US dollars for the building

About the church in Bursa

The story that an unknown individual put up for sale a historic Armenian Catholic Church in this Turkish city has been discussed in Armenia and Turkey since mid-January. The owner asked for 800,000 US dollars for the building.

And this is not the first time a sale has been attempted. At first, the church went up for sale in 2016 for 1.5 million USD, but they failed to sell the building, although “one or two buyers” were interested in it, according to an article by the Armenian weekly Agos, published in Istanbul.

This time, the 190-year-old building’s sale announcement says it could be used as a cultural center, museum or hotel.

The territory on which the church is located is considered a historical heritage and is protected by UNESCO.

Reaction of the Armenian Foreign Ministry

A reaction followed only two weeks later. But Yerevan harshly condemned the Turkish leadership’s policy of purposefully destroying the Armenian cultural, historical and religious heritage. The Armenian Foreign Ministry called on Turkey to comply with its international obligations.

The press secretary of the department, Anna Naghdalyan, commented on the recent statement by Turkish Foreign Minister Mevlut Cavusoglu, which he made in Antalya at the regional congress of the Justice and Development Party. Cavusoglu called on Armenia to “learn lessons from history”.

“No one has the right to speak with Armenia in the language of threats and to teach history lessons to the people who survived the genocide,” Anna Naghdalyan said.

The Armenian Genocide is a massacre in Ottoman Turkey in 1915. Before that, about two and a half million Armenians lived on the territory of the Ottoman Empire. As a result of murders and mass deportations, more than half of them died. Armenia, several Western countries and organizations officially recognize those events as genocide. Turkey categorically rejects this formulation.

Reaction in Turkey

The sale of the Armenian church in Turkey was touched on by a local MP, ethnic Armenian Garo Paylan.

“The Armenian Church of Bursa is up for sale. Is a place of worship sellable? How can society and the state allow this? Shame on you!”, wrote the MP on his Facebook page, attaching a screenshot with the announcement of the sale of the church.

The destruction of the Armenian church in Kutahya province was commented on by human rights activist Arlet Natalie Avagyan, who often criticizes the Turkish authorities:

“Do you have no respect for history at all? Destroying the history of Armenians, will you ignore the existence of Armenians in these lands?”

International reaction

The destruction of the Armenian Church of Surb Toros (Saint Toros) in Turkey was also condemned by the US Commission on International Religious Freedom (USCIRF).

“USCIRF condemns the destruction of the Armenian historic Surb Toros Church in Kutahya, Turkey, despite its protected status. Turkey must ensure that its diverse religious and cultural heritage is protected, ”Commission Deputy Chairman Tony Perkins said on Twitter.


 

How a Mom from the Valley Ended Up Rescuing War-Displaced People in Armenia

LA Magazine, Los Angeles
Feb 3 2021
For Meline Elian, a scheduled trip to the region turned into a mission to help hundreds

Meline Elian had never driven in Armenia before the onset of the 2020 Nagorno-Karabakh War. The 52-year-old mother from Granada Hills had traveled to her homeland several times as a tourist and for business ventures designed to stimulate the country’s economy. The mountainous landscape had deterred her from navigating the winding roads herself, prompting her to rely on experienced drivers, such as her newly close friend, Armenia native and tour bus driver Vruyr Khachatryan. Shortly after Azerbaijan launched a military operation in the ethnic Armenian enclave of Artsakh (internationally known as the Nagorno-Karabakh Region or NKR) on September 27, Elian found herself behind the wheel of a van, closely following Khachatryan into total darkness through zigzagging forest trails, inching closer to a war zone. She was on a mission to pick up Internationally Displaced People (IDPs) and bring them to safety.

The war in the region has caused over 60 percent of Armenian civilians, or roughly 90,000 people, to flee their homes. Early on, reports of daily shelling of capital city Stepanakert, along with Turkey’s involvement in support of Azerbaijan, prompted an immediate response from the diasporan community. Unwilling to entertain the thought of another 1915 Genocide, which the Turkish government denies to this day, Armenians from all around the world made plans to join the front lines and provide their compatriots with humanitarian aid.

Elian, however, was already in Armenia when the conflict began, providing locals with economic assistance as she had for years, ever since her first visit in 2006, when she started a nonprofit in Artsakh/NKR called the Shushi Karabakh Fund. The money raised supported several projects, including Armenia Fund’s 2009 mission to rebuild Shushi (internationally known as Shusha after the Soviet government established Artsakh/NKR as an Armenian-majority autonomous oblast of the Azerbaijan S.S.R. in 1923). Although her nonprofit was suspended in 2019 following a period of inactivity, she had never stopped giving to local families out of pocket. “I had already made contacts with a few people and I went to help them out,” says Elian, recalling the decision that led her to travel to Armenia during a pandemic. “I had prayed during COVID: ‘Lord give me a task. Whatever it is, I will do it.’”

Faith plays an important role in Elian’s life and serves as her greatest motivation. “I’m very religious. I walk with God and whatever I do, I pray and I’m with him in spirit for each step.” Her prayers were answered when an opportunity arose to book a charter flight to Armenia in August. She was able to travel to the capital city of Yerevan and continue her philanthropic work, not knowing a greater plan would soon unfold.

Skirmishes had broken out along Armenia and Azerbaijan’s border in July. Before war broke out, Elian and Khachatryan had been visiting scenic locations in Armenia, both sightseeing and contributing to various charities and businesses. The two met last year through her parents, who had booked him as their tour guide. They immediately connected thanks to their mutual love of children. When the fighting began, they united with the third member of their group, psychologist Gayane Petrosyan, who works with children from troubled homes. Elian wanted to do more. “This donation thing is not enough for me,” she remembers telling the two of them. She had escaped the 1978 Iranian Revolution when she was 11 years old and experienced the war as a flashback to her past. “I wanted to help. I wasn’t going to run from my fears.”

From top left, Vruyr, Meline, and Gayane with children in Artsakh

The group’s initial instinct was to create a center for IDPs that would provide counseling services to children dealing with the horrors of sudden homelessness and war. They chose an undisclosed location, which had temporarily closed due to COVID-19, as their base. Elian and Khachatryan had visited the location in the resort town of Dilijan a few weeks prior. It was quiet, secluded, and full of soothing natural wildlife.

It was raining as they began collecting provisions to head north. Before leaving, Khachatryan received a phone call informing him that several families consisting of women and children had left their homes in Artsakh/NKR as the combat had intensified. By then, there had already been reports of cluster munitions being fired in the area. In that moment, the two decided they would each drive a van and pick up the evacuees in order to get them out of harm’s way. A follow-up phone call shortened their trip. The IDPs had crossed into Armenia and made it to Lake Sevan at the border. When it was time to pick them up, Elian and Khachatryan turned off their headlights and drove to their location, where Petrosyan was waiting for them as well. The first group that greeted them included a pregnant mother with her two young sons. All were dirty and frightened.

“I just put down a blanket, took [out] my phone, and started to play Tom and Jerry,” says Elian. “They needed a distraction. They were frozen. They came out with their torn shoes. They didn’t even pick up passports, nothing.”

They arrived in Dilijan and got to work. Every day they made sure the IDPs had three square meals and psychological assistance. Almost all of the families had sent soldiers off to war. “We wrote everything down: their names, their original home [addresses], where they came from,” Elian says. “Each night we would meet in a room for one, two, three hours till three in the morning, sometimes four.” Petrosyan would type everything up and send it to Tavush’s regional government so that they could begin making the IDPs’ paperwork. Ministry workers from Yerevan received word of their camp and sent over packages of food and clothing in the middle of the night. All those involved took precautions to make sure their exact location was kept a secret.

“We were in the middle of the forest. If they wanted to come, we could be stranded. We didn’t have one weapon with us,” Elian cofesses.

Every night, the group worked to resolve new problems—a pregnant woman would feel sick, a grandmother would fall and need medical assistance, a wounded soldier would be reunited with his family at the camp. Elian, Khachatryan, and Petrosyan took turns venturing out to buy shoes and thicker sweaters to help the IDPs withstand the coming winter. Meetings were held in municipality buildings to try to place them with new families in Armenia. “It was very fast,” Elian says. Once a group was taken to a new home, the three of them would check in on the adopting families and provide them with extra supplies, maintaining communication and even arranging for the children to enroll in school.

Amid the turmoil, there were happy moments of shared community bonding among the children at the camp. “The kids, the interaction, the love would change their faces,” recalls Elian, who knows them all by name. “A little bit of singing would change [everything]. We did a play one night: Little Red Riding Hood.”

As of the writing of this article, the trio’s grassroots organizing have helped save over 800 IDPs from Artsakh/NKR. After the war ended on November 10, most of the IDPs from Stepanakert were able to return to the capital and have since begun the process of rebuilding their homes. Uncertainty continues to plague the Armenian residents of both Artsakh/NKR and Armenia proper in part due to confusion regarding new border agreements, with lines dividing provinces and even running right through residents’ properties. Additionally, many Armenian families are still waiting to recover the bodies of their loved ones.

The war may be over, but Elian is always looking to the future. Currently, she is buying and sending materials to Armenia and Artsakh/NKR in order to help locals make and sell shirts and jackets. Many of these same articles of clothing are being bought by locals in Los Angeles and donated right back to those in need. While Petrosyan and Khachatryan continue to manage the camp and raise funds in Dilijan, Elian’s outreach has continued to inspire giving here in L.A. The nonprofit organization Bridging the Borders and the Canoga Park private school AGBU Manoogian-Demirdjian were both able to donate thousands of dollars to displaced families. Bridging the Borders members Susán Aksu Movsesian and Araik Sinanian hand-delivered goods to the displace people during the holiday season, while Elian and AGBU third grade teacher Houry Khechoumian co-created Artsakh’s Nvehr, a sponsorship program connecting families around the world with Armenian families affected by the war.

According to Elian, the more hands-on, the better. “Every day is a new game. As we speak, the people are already booking flights to go. To help. They’re not waiting for something to happen.”

 

Kocharyan: The fact that the status of Karabakh was forgotten is one of the biggest mistakes of Armenian diplomacy

News.am, Armenia
Feb 7 2021

The fact that the status of Karabakh was forgotten is one of the biggest mistakes of Armenian diplomacy, second President of Armenia Robert Kocharyan told Sputnik Armenia.

"The status is simply forgotten. It is not being discussed now. And maybe right now, discussing it is not entirely rational, since the safety of the people living in it has come to the fore. And the fact that the issue of status was forgotten is one of the biggest mistakes of Armenian diplomacy, because it was the status that was based on the referendum that said that the issue and the solution of the problem lay in the plane of the nation's self-determination."

"Now I think that we will enter the status talks from a very weak position. Now I do not see any clear explanation of our position from the Armenian Foreign Ministry or the Armenian authorities in general, except for the statement that the status has not been resolved. Azerbaijan says that they have de facto solved it and that it will be discussed in the future."

"We are not able to ensure the security of our own borders, and there is no political will to rebuild the armed forces," he added.