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Central bank of Armenia registers bureau of car insurers

YEREVAN, June 29. /ARKA/. The Central Bank of Armenia has registered Bureau of Car Insurers, the union of legal entities, the central bank’s press office reported on Monday.

The central bank’s board has also decided to provide a license to SAS Group’s branch #6 for carrying out forex operations.

On May 18, Armenian National Assembly passed the bill on mandatory car insurance.
This law is to take force on Jan 1, 2011.-0—

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

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