Central Bank of Armenia registers new crediting organization

Loans

YEREVAN, February 7. / ARKA /. A new universal crediting organization “Credo Finance”, was registered by Armenia’s Central Bank Board on February 5 receiving a license to operate in the country from February 5.

Today there are 33 registered crediting organizations in the country. -0-

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Exchange market

Head of the Central Bank of Armenia sees no reason to panic over the depreciation of the dram

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.
Economy

IMF enables Armenia’s  access to about US$25.1 million under new SBA

The Executive Board of the International Monetary Fund (IMF) said it has completed the first review under the Stand-By Arrangement (SBA) with Armenia.
Capital market

Market capitalization increased by 27.4% in May, exceeding 478 billion drams – Armenia Securities Exchange

Equity market capitalization increased by 27.4% in May 2026, exceeding 478.8 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.
Exchange market

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.
Announces

EBRD to provide $20 million to support refugees and young entrepreneurs in Armenia

The EBRD will provide $20 million (€17.1 million) to improve access to finance for refugees and young entrepreneurs in Armenia, the EU Delegation to Armenia announced on Facebook.

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