Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
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.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
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.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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 Yerevan-based Unibank said today it will use the proceeds raised from its IPO to replenish its authorized capital stock by about 1.1 billion drams to raise it to 14.1 billion drams
The Russian-owned VTB Bank (Armenia) was named "The Best Bank of Armenia in 2015" by the Gallup International Association, based on the findings of a survey it had conducted in November across the country
Armenia's Central Bank said it has auctioned today 500 million drams worth short-term government bonds of AMGT13283161 series maturing before March 28, 2016
The European Bank for Reconstruction and Development (EBRD) and the Sukiasyan brothers will remain major shareholders of Armenian Armeconombank after its merger with BTA Bank in Armenia is formalized, one of the brothers, Saribek, said in an interview with "Hraparak" daily
The total amount of deposits in Armenian banks grew by 9% in the outgoing year, the chairman of the Central Bank Artur Javadyan said last Friday. According to him, the growth was secured by a rise in private deposits, which he said is an indication of financial stability
Unibank said today its first placement of ordinary nominal shares (UNIB) through an IPO at NASDAQ OMX Armenia stock exchange, opened on December 18 was successfully completed December 24
Moody's Investors Service has affirmed Unibank's baseline credit assessment (BCA) of b3, adjusted BCA of b3, counterparty risk assessment of B1(cr)NP(cr) and B2/NP bank deposit ratings
The Armenian national currency, the dram, has been demonstrating a relative stability compared with its regional neighbors’ currencies, Laura E. Bailey, the World Bank's Country Manager for Armenia, told a news conference today. She said she even wrote about the dram in her page in Twitter
Armenia’s banking sector in the outgoing year has faced a string of serious challenges - slower economic growth, weak economic activity and the worsening solvency of the population have affected the main indicators of banks
Last week a delegation of Eurasian Development Bank (EDB) headed by Chairman of the Management Board Dmitry Pankin had negotiations with the Eurasian Bank for Reconstruction and Development (EBRD) on expanding cooperation between the two institutions in project activities
The U.S decision to substantially expand its sanctions against individuals and entities in Russia, including sectoral sanctions, will have no impact on VTB Bank (Armenia) customers, the Yerevan-based bank said today in a statement
