ARKA news agency’s project a step forward in Armenia’s information space deputy minister

YEREVAN, November 9, /ARKA/. A deputy Armenian economy minister Vahe Danielian described ARKA news agency’s new financial-banking portal at www. armbanks.am as ‘a significant contribution to development of Armenia’s information space.’

‘The new portal is very interesting not only for specialists but also for ordinary visitors. It is a very attractive resource for users wishing to have balanced and available economic information,’ the deputy minister said.

According to him, the project is very professional, based on clear-cut and objective information and because of that it will raise further the agency’s image. In his words, the new portal is an attempt of moving to a next information level; it not only gives information but ensures also a feedback with visitors in an interactive mode.

He described the project as ‘a new information breakthrough’, highlighting the agency’s move to rate Armenian financial institutions, which he said, will certainly spur up competition among them in terms of their openness and transparency.

He said the ministry welcomes the launch of this project, and expressed hope that ARKA will not stop on this and will move forward. -0-

spot_img

POPULAR

Armenia to allocate approx. €7.4 million for water infrastructure works; EIB loan availability period extended

YEREVAN, October 15. /ARKA/. Armenia will allocate approximately €7.4...

Idram and IDBank Participated in the Opening of My Forest Armenia’s Pavilion at COP17

The opening of the “Forest Biodiversity: An Immersive Experience” exhibition by the “My Forest Armenia” NGO took place in the Green Zone of COP17, with representatives of IDBank and Idram in attendance.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (October 12–18)

Armenia’s financial agenda over the past week encompassed the development of the government securities market, regulatory changes for banking operations, cooperation with international financial institutions, and the subsidization of financing for energy storage systems.

Remittances to Armenia from EAEU member states could drop by $2.1 billion, conditions for labor migration could become more stringent

Should Armenia’s participation in the Eurasian Economic Union (EAEU) be suspended, monetary transfers from EAEU member states to Armenia could fall from a projected $3,953.5 million in 2025 to $1,850 million—a decrease of $2,103.5 million.

Armenian banks’ profit grew by 8.6% to 334.4 billion drams over 9 months

The aggregate after-tax profit of Armenian banks for the period from January to September 2026 reached 334.44 billion drams, compared to 307.87 billion drams for the same period in 2025.

LATEST NEWS

spot_imgspot_imgspot_img