At a meeting on Thursday, the Government of Armenia approved a loan agreement between the European Investment Bank (EIB) and the Armenia - Sustainable Syunik program, the Special Investment Window of the Neighborhood and Enhanced Partnership Instrument+ (NIP+) in the amount of EUR 50 million.
About 1 billion drams have been allocated in Armenia for the program to support individuals with bad loans in Armenia, RA Minister of Labor and Social Affairs Arsen Torosyan announced at a government meeting on Thursday.
In the village of Areni, located in the Vayots Dzor region, the Stepanyan family has established a distinctive gastro yard within their ancestral home, honoring traditions while integrating modern practices.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.
As of July 31, 2025, Armenia's total public debt was recorded at $14,098.6 million, an increase from $13,852.1 million as of June 30, 2025,according to the Ministry of Finance.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
At a meeting on Thursday, the Government of Armenia approved a loan agreement between the European Investment Bank (EIB) and the Armenia - Sustainable Syunik program, the Special Investment Window of the Neighborhood and Enhanced Partnership Instrument+ (NIP+) in the amount of EUR 50 million.
About 1 billion drams have been allocated in Armenia for the program to support individuals with bad loans in Armenia, RA Minister of Labor and Social Affairs Arsen Torosyan announced at a government meeting on Thursday.
In the village of Areni, located in the Vayots Dzor region, the Stepanyan family has established a distinctive gastro yard within their ancestral home, honoring traditions while integrating modern practices.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.
As of July 31, 2025, Armenia's total public debt was recorded at $14,098.6 million, an increase from $13,852.1 million as of June 30, 2025,according to the Ministry of Finance.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
In an exclusive interview with ARKA, Ishkhan Karapetyan, executive director of Small and Medium Entrepreneurship Development National Center Fund, said some 296 million Drams worth credit guarantees were approved for 57 SME companies last year, while its overall credit commitments amounted to 640 million Drams.
Ararat Ghukasian, chairman of the Association of Armenian Banks, said today 10 Armenian commercial banks said they are ready to join a government-backed program aimed at spurring the mortgage lending in the country.
Armenian ProCredit bank said it has introduced a single Utilities Payment system and all citizens living or working near a bank branch may drop in to pay their utilities.
A total of $50.8 million was bought by Armenian commercial banks at intrabank forex market in a time span between February 15- 19 at average weighted exchange rate of 380.61 drams per one USD, the Central Bank of Armenia said to ARKA.
