The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
All 17 commercial banks operating in Armenia from January to September 2025 were listed among the 1,000 largest taxpayers for the period, having contributed 131.2 billion drams to the state budget. This information is based on data released by the State Revenue Committee of Armenia.
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.
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.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
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.
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
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.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
All 17 commercial banks operating in Armenia from January to September 2025 were listed among the 1,000 largest taxpayers for the period, having contributed 131.2 billion drams to the state budget. This information is based on data released by the State Revenue Committee of Armenia.
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.
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.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
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.
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
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.
Top managers of Armenian banks and Armenia-based international financial organizations met yesterday to discuss a wide range of issues and problems, which are important in terms of further development of the country’s financial and banking sector
The summer season was officially closed at holiday home “Helen” for challenged children in Stepanavan on Thursday, the press office of VTB Bank (Armenia) reported
Lenders in Armenia will be not allowed to change the interest rate mentioned in the contract more than twice a year, Armenian Deputy Finance Minister Pavel Safaryan said Thursday at a regular Cabinet meeting where the ministers approved the National Assembly’s proposal to amend the country’s civil code and consumer lending law
The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week
U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy
Anelik Bank, continuing improvement of its lending, offers SIMPLY-QUICKLY EXPRESS, a new type of card loans, to its clients, the bank’s press office reports
Armenia-based commercial banks’ average return on assets (ROA) index, showing a company’s efficiency in making profits from its assets, was 1.22 in the second quarter of this year, as compared to 1.21% at the end of Q1, according to the findings of an analysis by ARKA news agency
Loan investments and leasing transactions by Armenia’s credit organizations rose to over 182.3 billion drams in the second quarter, an increase of 17.4% compared to Q2 2013, according to ARKA’s “Credit Organizations of Armenia” bulletin for the second quarter
VTB Bank (Armenia) is offering its borrowers seen to be good customers in servicing their loans to get another consumer loan with a 1% discount at particular shops, the bank’s press office reported
