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BTA Bank Armenia’s Kentron branch moves to new address

YEREVAN, January 31, /ARKA/. The Central Bank of Armenia said the Kazakh-run BTA Bank’s Kentron branch in Yerevan has moved to 29-29, Sayat Nova street.

BTA Bank has branches in Kazakhstan, Russia, Ukraine, Belarus, Georgia, Armenia, Kyrgyztsan and Turkey. It has also offices in Chain and United arab Emirates.

Accoridng to ARKA’s data, as of December 31, 2011 BTA Bank Armenia’s total capital stood at 5.5 billion drams, assets were worth 9.4 billion drams and liabilities – 4 billion drams. ($1 – 386.77 drams).  -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

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

Armenia’s public debt increased by 6.2% at the end of 2024 – Finance Ministry

Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.

Time of the Brave: head of investment banking at Dimension Investments on the prospects of Armenia’s capital market development (Exclusive)

Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks  in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.

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