ARKA news agency director awarded government commemorative medal

YEREVAN, May 2. / ARKA /. Armenian Prime Minister Tigran Sarkisian awarded today Director of ARKA News Agency, Konstantin Petrosov, Prime Minister’s Commemorative Medal.

Konstantin Petrosov was awarded in connection with May 1 Labor Day and on the occasion of the agency’s 15-year anniversary in recognition of its active participation in the comprehensive coverage of economic development issues.

“I think that this high award is the credit to our entire team. It will become an advance of our future activities. We will continue to work in the field of economic journalism, make new products and meet the standards that a normal economic journalism should have, “said Petrosov during the awarding ceremony.

ARKA news agency was established on May 1, 1996 May to provide financial, economic and political news. The professional credo of the agency is credibility, reliability and quick response. In 2000 it was recognized by the Central Bank of Armenia as the best economic news agency. In 2002 and 2003 ARKA was awarded by Business Initiative Directions the International Star Award for Quality in category Gold. -0-

spot_img

POPULAR

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Armenian banks’ net profit in Q1 2026 increased by 2.3% to AMD 103.5 billion

The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.

LATEST NEWS

spot_imgspot_imgspot_img