Armenia’s monetary base grows 6.6% to more than AMD 601 billion in July

YEREVAN, August 6. /ARKA/. Armenia’s monetary base exceeded AMD 601 billion in late July after growing 6.6% or by AMD 34.5 billion over the month, the Central Bank of Armenia reports on its website.

Cash outside of banks grew 3.3% or by AMD 12.7 billion to about AMD 396.7 billion.

Net international reserves less funds from privatization totaled AMD 370.6 billion after growing 1.3% or by 4.8 billion in July, compared with the previous month. ($1- AMD 409.79). -0—

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Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

Mher Ananyan joins Unibank’s Management Board

According to the decision of the Board of Unibank OJSC dated August 3, 2026, Mher Ananyan has been appointed Acting First Deputy Chairman of the Management Board.  

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

Central Bank of Armenia makes it easier to open and fund e-wallets

YEREVAN, August 11. /ARКА/. The Board of the Central Bank of Armenia has sanctioned changes to the regulations governing the issuance and utilization of electronic money, with the goal of fostering a more efficient and competitive payment landscape.

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