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Russian’ foreign trade surplus dropped by 10.5% in 6 months

YEREVAN, August 6. /ARKA/. Russia’s foreign trade surplus (including trade with Belarus and Kazakhstan) fell by 10.5% to 103.267 billion dollars in January-June, Russia’s Federal Customs Service reported.

Exports amounted to 253.943 billion dollars and imports were 150.677 billion dollars in the first 6 months of the year, RIA Novosti reported. –0–

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 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 upgrades Converse Bank’s ratings

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.

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