Thu, 5 February
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USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

Russia’s Sberbank has no intention to enter Armenian market

YEREVAN, October 17. /ARKA/. Russia’s Sberbank (Savings Bank) has no intention so far to enter Armenian market, German Gref, chairman of the bank’s executive board, told ARKA News Agency.

He also voiced his opinion about the Armenian banking sector’s stability.

“I am not an expert in Armenia’s banking system, but I know that you have a very advanced central bank a well-regulated market,” he said. –0—-

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Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Acba bank launches the new American Express Gold Debit Card

Acba bank, American Express' licensee in Armenia, launches the new American Express Gold Debit Card, offering exclusive benefits in travel and for everyday spend*.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

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