Mon, 21 April
15.1 C
Yerevan
USD: 390.51 RUB: 4.81 EUR: 449.98 GEL: 142.19 GBP: 522.85
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Euro exchange rate jumps by 5.37 points

Exchange market
The average market exchange rate of the US dollar to the Armenian dram on April 21, 2025, decreased by 0.39 points compared to April 18 and amounted to AMD 390.51.

General news

Central Bank invalidated banking license of Ardshininvestbank due to its merger with Ardshinbank

Banks
The Board of the Central Bank of Armenia has revoked the banking license of Ardshininvestbank CJSC (formerly HSBC Bank Armenia CJSC) following its merger with Ardshinbank CJSC.

Special and exclusive offers from Acba Leasing (VIDEO)

Banks
Acba Leasing and its partners presented special and exclusive offers to all visitors of the Leasing Expo 2025 exhibition, held in partnership with Acba Leasing, over the course of three days, from April 18 to 20, according to Acba Bank’s press service.

Unibank offers preliminary approval of business leasing in 5 minutes

Banks
From April 18 to 20, Unibank participated in the "Leasing Expo / All Equipment in One Place" exhibition, according to the bank’s press service.

Latest news

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Banks

Central Bank invalidated banking license of Ardshininvestbank due to its merger with Ardshinbank

The Board of the Central Bank of Armenia has revoked the banking license of Ardshininvestbank CJSC (formerly HSBC Bank Armenia CJSC) following its merger with Ardshinbank CJSC.

Unibank offers preliminary approval of business leasing in 5 minutes

From April 18 to 20, Unibank participated in the "Leasing Expo / All Equipment in One Place" exhibition, according to the bank’s press service.

Armenia’s Central Bank Discusses Fraud Insurance Mechanism

In an effort to combat banking fraud, the Central Bank of Armenia is exploring measures to enhance identification requirements, particularly for online loans, according to Deputy Chairman Armen Nurbekyan.

VTB (Armenia) records growing interest in installment loans among young people

VTB (Armenia) is seeing growing interest in installment loans, offering customers favorable terms for purchases at more than 1,000 partner retail locations across the country.

Economy

Armenia ratifies agreement with IBRD on health coverage program worth 102 million euros

Armenia's National Assembly has ratified today a 102 million euro loan agreement with the International Bank for Reconstruction and Development (IBRD, a WB division) on universal health coverage program.

Armenia ratifies loan agreement with IBRD on €102 million healthcare coverage program

Armenia’s National Assembly’s committee on health issues has approved the ratification of a 102 million euro loan agreement with the International Bank for Reconstruction and Development (IBRD) on the universal healthcare coverage program.

ADB forecasts inflation in Armenia at 3% in 2025 and 2.8% in 2026

The Asian Development Bank (ADB) forecasts inflation in Armenia at 3% in 2025, said Don Lambert, Director of the Bank’s Resident Mission in Armenia.

Capital market

TCF’s  AMD 400 million bonds listed on AMX, marking first precedent for tech companies in Armenia

The bonds of The Crowdfunding Formula (TCF) company were officially listed on the Armenian Stock Exchange (AMX) on April 7, 2025. TCF is the first technology company in Armenia to issue securities.

Mirzoyan got acquainted with investment climate of Kazakhstan and mechanisms for resolving international disputes

Armenian Foreign Minister Ararat Mirzoyan visited the Astana International Financial Center (AIFC) as part of his official visit to Kazakhstan, the press service of the Foreign Ministry reported.

Technological Gaps and Lack of Open Banking Stalling Armenia’s Investment Market- Director of Sirius Capital

The technological underdevelopment of the stock exchange and the lack of open banking are hindering the development of the investment market in Armenia, says Ararat Mkrtchyan, executive director and managing member of the investment company Sirius Capital.

Crypto

Armenian Parliament adopted draft law “On Crypto Assets” in the first reading

At a session on Friday, the National Assembly of Armenia adopted in the first reading the draft law "On Crypto assets" along with amendments to several related laws.

Law on regulating crypto-assets in Armenia aims at balancing risks – Central Bank

The National Assembly of Armenia has initiated discussions on a draft law concerning Crypto-Assets, along with amendments to several related regulations.

Law on Cryptoassets to Establish Basic Cybersecurity Rules — Deputy Chairman of Central Bank of Armenia

The Law on Cryptoassets will establish basic cybersecurity rules, and entities providing crypto services will also have to comply with these requirements, said Deputy Chairman of the Central Bank Armen Nurbekyan, presenting the draft law on cryptoassets and a legislative package on amendments to a number of related laws at an extraordinary meeting of the parliamentary committee on on financial, credit and budgetary issues.

Interview

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

Investments without myths: CEO of Cube Invest on opportunities, risks and development prospects of Armenian capital market

Investments in the modern world are not only an opportunity to increase capital but also a powerful tool for economic development.

Armenia should develop technologically: Eqwefy CEO on economic challenges and new opportunities

The investment environment in Armenia continued to develop over the past year, despite global economic challenges.
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