Mon, 23 February
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Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Individual money transfers to Armenia in january surge 12% to almost $75 million

YEREVAN, March 13. /ARKA/. Individual money transfers to Armenia in the first month of 2012 handled by local banks surged by 12% from a year before to almost $75 million, the Central Bank of Armenia said in a report on first  month’s indicators.
Money transfers from Armenia soared by 27.2% to $15.8 million. The net inflow of remittances in January grew thus by 8.5% to $59.2 million. The largest inflow of net money transfers, about $52.175 million, came, as usual, from Russia. ($1 – 389.82 drams). -0-

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IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

Byblos Bank Armenia online loan via mobile: Up to AMD 10 mln in just minutes

Byblos Bank Armenia has launched an online lending product, enabling customers to apply for and receive financing within minutes.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

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