Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.
The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.
Grant Akopian, Chief Financial Officer and Deputy Chief Executive Officer of Converse Bank, and a member of the Board of Trustees of BACEE, took part as a keynote speaker in the panel discussion “Regional Bank Executives Roundtable (CEE/SEE/Caucasus/Central Asia): Key to Success,” held as part of BACEE’s 50th Anniversary Conference.
The Central Bank of Armenia, with technical support from the European Bank for Reconstruction and Development (EBRD) and financial support from the Government of Japan, is implementing the Armenian Standard Derivatives Agreement (ASDA), which is governed by Armenian law and complies with international standards.
Converse Bank (Armenia) and Asia Alliance Bank (Uzbekistan) have officially launched a strategic partnership. On October 21, in Vienna, the parties signed two key agreements: one on the opening and management of international correspondent accounts, and another on cooperation in foreign exchange and money markets.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
With the support of Acba Bank, the sole greenhouse farm in the area is being developed in the village of Nor Yedesia, located in the Aragatsotn region with all technological operations managed by artificial intelligence, reported the bank's press service.
In August, commercial bank deposits and credit in Armenia grew 1.9 percent (mom), according to the World Bank's Armenia Monthly Economic Update – October 2025.
In September, the AMD/USD exchange rate remained stable mom, appreciating 1.2 percent in yoy terms, according to the World Bank's Armenia Monthly Economic Update – October 2025.
Armenia’s Central Bank (CBA) decided to keep the policy rate at 6.75 percent, while signaling a gradually easing cycle, with plans to reduce the refinancing rate to around 6.25 percent over the next 12 months.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.
The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.
Grant Akopian, Chief Financial Officer and Deputy Chief Executive Officer of Converse Bank, and a member of the Board of Trustees of BACEE, took part as a keynote speaker in the panel discussion “Regional Bank Executives Roundtable (CEE/SEE/Caucasus/Central Asia): Key to Success,” held as part of BACEE’s 50th Anniversary Conference.
The Central Bank of Armenia, with technical support from the European Bank for Reconstruction and Development (EBRD) and financial support from the Government of Japan, is implementing the Armenian Standard Derivatives Agreement (ASDA), which is governed by Armenian law and complies with international standards.
Converse Bank (Armenia) and Asia Alliance Bank (Uzbekistan) have officially launched a strategic partnership. On October 21, in Vienna, the parties signed two key agreements: one on the opening and management of international correspondent accounts, and another on cooperation in foreign exchange and money markets.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
With the support of Acba Bank, the sole greenhouse farm in the area is being developed in the village of Nor Yedesia, located in the Aragatsotn region with all technological operations managed by artificial intelligence, reported the bank's press service.
In August, commercial bank deposits and credit in Armenia grew 1.9 percent (mom), according to the World Bank's Armenia Monthly Economic Update – October 2025.
In September, the AMD/USD exchange rate remained stable mom, appreciating 1.2 percent in yoy terms, according to the World Bank's Armenia Monthly Economic Update – October 2025.
Armenia’s Central Bank (CBA) decided to keep the policy rate at 6.75 percent, while signaling a gradually easing cycle, with plans to reduce the refinancing rate to around 6.25 percent over the next 12 months.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
The average daily amount of money transfers made through the payment systems of the Central Bank of Armenia (stock exchange activity not counted) in the fourth quarter of 2012 amounted to about 95.8 billion drams, an increase of 21% from the same period of previous year, the Central Bank of Armenia told ARKA
Deposits in Armenia’s top ten banks singled out for the largest amount of deposits totaled AMD 1137.5 billion in 2012 after growing 20.4%, compared with 2011.
German Chancellor Angela Merkel told German lawmakers today morning that Cyprus's proposition to nationalize pension funds in order to prop up its finances was unacceptable, RBC reported. She insisted that Cyprus should rather concentrate on debt sustainability and bank restructuring in order to secure a bailout
Armenian farmers will be issued around 15 billion drams in loans this year, according to a deputy minister of agriculture Garnik Petrosian. He said to reporters that the banks will start issuing loans from mid-April
Some 5.5 million transactions were made in the fourth quarter of 2012 in Armenia by plastic cards worth 323.3 billion drams, which was 45% more than in the same period in 2011, according to the Bulletin of the Central Bank of Armenia for the fourth quarter of 2012
In the fourth quarter of 2012 the aggregate external debt of Armenia-based commercial banks and credit organizations grew to $1.17 billion from $1.06 billion in the third quarter, an increase of 10.4%, according to the Bulletin of the Central Bank of Armenia for the fourth quarter of 2012
USD purchasing/selling in currency exchange offices of Armenia dropped by 38.9% to $52.2 million in January compared to December, Central Bank of Armenia said in its monthly news report for January
