Mid-market rate of Armenian dram to us dollar is 371.82 for $1 on may 3, 2011

Insurance market of Armenia is in embryonic state

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

The Law on Crypto Assets is the main law that will kick-start the regulation of this area in Armenia, said Deputy Chairman of the Central Bank Armen Nurbekyan, presenting the draft law and a package of related laws at an extraordinary meeting of the parliamentary committee on financial, credit and budgetary issues.