14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.
The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.
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.
The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.
Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.
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.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
At a meeting on Thursday, the Armenian government approved a proposal to sign a financial agreement with the European Investment Bank (EIB) “Armenia - Sustainable Syunik Program, Special Investment Window 1 EFSD+” for 50 million euros.
The Armenian government approved a $6 million grant agreement between the Republic of Armenia and the Asian Development Bank (ADB) on a seismic safety improvement program at a meeting on Thursday.
In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.
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.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.
The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.
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.
The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.
Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.
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.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
At a meeting on Thursday, the Armenian government approved a proposal to sign a financial agreement with the European Investment Bank (EIB) “Armenia - Sustainable Syunik Program, Special Investment Window 1 EFSD+” for 50 million euros.
The Armenian government approved a $6 million grant agreement between the Republic of Armenia and the Asian Development Bank (ADB) on a seismic safety improvement program at a meeting on Thursday.
In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.
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.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
ACBA-CREDIT AGRICOLE BANK has held its traditional annual prize draw ahead of the New Year among Visa Student cardholders and raffled off six semester tuition fees, the bank’s press office reported
Dmitry Markarov, first deputy director of “Rosgosstrakh” open joint stock company, the sole owner of Russia’s major insurer “Rosgosstrakh” LLC, has been appointed as general director
Bank VTB (Armenia) has been recognized as the best bank of Armenia in 2013 in a poll carried out by Gallup International Association official representative in Armenia
On December 23, IFC, a member of the World Bank Group, issued a 2 billion dram (approximately $5 million) bond in Armenia. It is the first placement by a non-resident issuer and the first foreign corporate bond issued in Armenia’s capital markets
The International Monetary Fund (IMF) said its mission led by Mark Horton visited Armenia during December 9-18 to continue discussions on a possible new 38-months Extended Fund Facility (EFF) arrangement
On Tuesday, the Central Bank of Armenia sold 13-week AMGT13243140 government treasury bonds worth 500 million drams, the regulator’s press office reports
FC, a member of the World Bank Group, said today it has issued a 2 billion dram (approximately $5 million) bond to strengthen Armenia’s capital markets