Dollar Slips 1.27 Points Against Armenian Dram

The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

Last week's agenda included issues of credit institution sustainability, public debt structure, capital market development, and digital financial services. Special attention was paid to SME access to bank financing, Open Banking, and insurance technologies.

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.