Services in Armenia’s finance sector 2.2% to AMD 139.1 billion in Jan-July 2016

YEREVA, September 1. /ARKA/. Services in Armenia’s finance and insurance sectors totaled AMD 139.1 billion in Jan-July 2016 showing a 2.2% year-on-year growth, the National Statistical Service reports.

Services in the financial sector grew 2% in July 2016, compared with the same month a year earlier, to AMD 20.6 billion.

According to the statistical report, the share of the financial sector in the total amount of the country’s services is 20.2%.

Services in Armenia totaled AM D 690.1 billion in Jan-July 20126 – 7.6% year-on-year growth.

The second biggest service-providing segment after the finance sector was culture and entertainment with AMD 132.5 billion and 35% year-on-year growth, which is followed by information and communication (AMD 121.7 billion and 0.3% decline) and transport (AMD 90.6 billion and 21.8% growth). ($1 – AMD 474.73). –0—-

spot_img

POPULAR

IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.

Acba Bank has issued over 1 million cards, solidifying its leadership in Armenia

YEREVAN, August 17. /ARKA/. For more than five years, Acba Bank has held the top spot in the Armenian card market. As of May 2026, the total number of cards issued by the bank surpassed 1 million, as reported by the bank's press service.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

Central Bank of Armenia unveils two more draft regulations for cryptoasset regulation for public discussion

YEREVAN, August 13. /ARКА/. The Central Bank of Armenia has unveiled two more draft regulations for public discussion.

Unlocking the Secrets of the Financial World at ”Hayordi” Camp with Idram&IDBank

YEREVAN, August 13. /ARKA/. Bank accounts, payment cards, deposits - to explain these and several other concepts and answer the kids' most burning financial questions, Idram and IDBank this time visited ''Hayordi'' Camp.

LATEST NEWS

spot_imgspot_imgspot_img