If citizens are unable to repay their credit obligations due to problems with the ArCa payment system, they can contact the banks and credit organizations that service them, the regulator told the ARKA news agency.
ue to technical re-equipment and system improvement work, services in the ArCa payment system are temporarily unavailable from 11:46 a.m., the Armenian Card company reports.
In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
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
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
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.
If citizens are unable to repay their credit obligations due to problems with the ArCa payment system, they can contact the banks and credit organizations that service them, the regulator told the ARKA news agency.
ue to technical re-equipment and system improvement work, services in the ArCa payment system are temporarily unavailable from 11:46 a.m., the Armenian Card company reports.
In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
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
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
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.
More than 30 banking management specialists from Armenia, Russia, Belarus, Lebanon, Kazakhstan, Lithuania, Latvia, Estonia and Bosnia and Herzegovina have gathered in Yerevan on June 23 for a five-day seminar organized by the Central Bank of Armenia and the U.S
ACBA-CREDIT AGRICOLE BANK, the Hayastan Pan-Armenian Fund and World Vision Armenia charity organization have signed today a tripartite cooperation agreement as part of a three-year charitable and educational program designed for children from the children’s home in Gavar (Gegharkunik region), worth 41 million drams
The average market value of US Dollar against Armenia’s national currency has fallen today by 0.3 percentage points from June 27 to 407.28 drams, the Central Bank said
Armenia’s gross external debt dropped by 1.4 percent from the beginning of the year or $123.15 million to $8.571.48 billion as of late March, the National Statistical Service (NSS) said
The Central Bank of Armenia (CBA) bought $13.65 million at an average exchange rate of 407.82drams per dollar at NASDAQ OMX Armenia from June 23 to 29, says a report on CBA’s website
The Central Bank of Armenia said nearly $20.8 million was traded at NASDAQ OMX Armenia stock exchange from June 23 to 27. It stood at $11.25 million from June 16 to 20, according to the report
Armenian commercial banks purchased about $111.8mln at a weighted average rate of 407.72drams per $1 in intra-banking foreign exchange market on June 23- 27, the press service of the Central Bank reported
Moody's Investors Service has today assigned a negative outlook to Russia's Baa1 government bond rating and confirmed the rating. This action concludes the review for downgrade that Moody's initiated on 28 March 2014
Araratbank’s net profit for Jan-May 2014 was larger than that of the same period of two previous years and amounted to AMD 1.8 billion, Ashot Osipyan, chairman of the bank’s board, said Friday at a meeting of the bank’s shareholders
Arthur Javadyan, the chairman of the Central Bank of Armenia, will attend the 84th annual session of the Bank for International Settlements that will be held 27 to 29 June in Bazel, Switzerland, the press office of the regulator reported on Friday
Citi and the Overseas Private Investment Corporation (“OPIC”) have announced a $10 million lending facility, using their existing framework partnership, to support the growth of ACBA-CREDIT AGRICOLE BANK’s agribusiness microfinance portfolio in the Republic of Armenia
