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Armenia’s banking system is well capitalized and liquid, but the Central Bank should remain vigilant – IMF

The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.

General news

Unibank Completed the Placement of Its Third Issuance of Perpetual Bonds

Unibank has completed the placement of a new issuance of dram denominated perpetual bonds ahead of schedule. In total, perpetual bonds worth AMD 6.5 billion and USD 9 million were placed in December, resulting in heightened activity in Armenia’s securities market.

IMF: Monetary transmission in Armenia remains constrained by dollarization

'Monetary transmission – the way in which central bank interest rate decisions transmit to bank loan and deposit rates and hence influence the lending and saving decisions of consumers and businesses – remains constrained by dollarization and shallow local capital markets. It is thus important to develop Armenian dram capital markets, and the CBA is advancing several initiatives in this regard,', IMF Resident Representative in Armenia, Umang Rawat, said in an interview with the ARKA news agency.

Armenia’s gross reserves increased to $4.6 billion in October, offering 3.7 months of import coverage – WB

Armenia's international gross reserves rose to $4.6 billion in October, which corresponds to 3.7 months of import coverage, as stated in the World Bank's review "Armenia Monthly Economic Update - December 2025".
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Armenia’s banking system is well capitalized and liquid, but the Central Bank should remain vigilant – IMF

The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.

Unibank Completed the Placement of Its Third Issuance of Perpetual Bonds

Unibank has completed the placement of a new issuance of dram denominated perpetual bonds ahead of schedule. In total, perpetual bonds worth AMD 6.5 billion and USD 9 million were placed in December, resulting in heightened activity in Armenia’s securities market.

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

EDB’s total investments in Armenia for 2022-2025 reached $380 million

The Eurasian Development Bank's (EDB) total investments in Armenia for 2022-2025 (actual volume) amounted to $380 million, announced Yaroslav Mandron, Deputy Chairman of the EDB Management Board.

World Bank identifies factors behind decline in inflation in Armenia in November

In November, annual inflation in Armenia fell to 3.1%, down from 3.7% in October, according to the World Bank's "Armenia Monthly Economic Update – December 2025."

Non-commercial remittances to Armenia grew by 31.2% in October — WB

In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

IMF: Monetary transmission in Armenia remains constrained by dollarization

'Monetary transmission – the way in which central bank interest rate decisions transmit to bank loan and deposit rates and hence influence the lending and saving decisions of consumers and businesses – remains constrained by dollarization and shallow local capital markets. It is thus important to develop Armenian dram capital markets, and the CBA is advancing several initiatives in this regard,', IMF Resident Representative in Armenia, Umang Rawat, said in an interview with the ARKA news agency.

The volume of bond issues in Armenia exceeds 700 billion drams- head of  Central Bank

The volume of bonds issued by financial and non-financial institutions in Armenia exceeds 700 billion drams, said Central Bank Chairman Martin Galstyan, responding to a question from the ARKA news agency about capital market development trends in the country.

Corporate bond segment in Armenia has the greatest growth potential in 2026 – Hovakimyan

Armenian corporate bonds have the greatest potential for growth in 2026 in terms of volume, said Freedom Broker Armenia Director Hovak Hovakimyan.

Parliament adopted amendments regulating cryptoasset transactions

At an extraordinary session on Wednesday, the National Assembly of Armenia adopted amendments to the RA laws "On Cryptoassets" and "On Non-cash Transactions" in the second and final reading.

Armenian Parliament may allow cash transactions in crypto assets within a year, but with restrictions

During an extraordinary session on Tuesday, Armenia's National Assembly approved a series of amendments to the laws governing cryptoassets and non-cash transactions in their first reading.

Licensing of crypto market players will begin in January 2026, says head of Armenia’s Central Bank

The process for licensing companies engaged in crypto asset transactions is set to commence in January 2026 and will continue for a duration of one year, as stated by Martin Galstyan, the head of Armenia's Central Bank.

“2026 will be a breakthrough year”: Freedom Broker Armenia Director on the future of Armenia’s capital market

The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets

How to Invest in Long-Term Investments Without Mistakes: What a Beginning Investor in Armenia Needs to Know

Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.

Mastercard Strengthens Its Presence in Armenia: Biometrics, Digital Security, and New Services

The international payment system Mastercard is changing the rules of the game worldwide.
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