Tue, 3 February
2.1 C
Yerevan
USD: 379.03 RUB: 4.95 EUR: 449.83 GEL: 140.75 GBP: 519.38

Armenian central bank approves new version of Ameriabank’s

YEREVAN, June 29. /ARKA/. The Central Bank of Armenia has approved a new version of Ameriabank’s charter and voided Cascade Bank CJSC’s license because of the merger of these two banks, the central bank’s press office reported on Monday.

The regulator registered the merger of Ameriabank and Cascade Bank on June 18. -0—

spot_img

POPULAR

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

LATEST NEWS

spot_imgspot_imgspot_img