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Russian central bank to issue Armenia-dedicated commemorative coins

YEREVAN, January 18. /ARKA/. Russia’s Central Bank said today it will issue this year 5000 commemorative coins with face value of 3 rubles dedicated to Surb Khach (Holy Cross) Monastery in Crimea, founded in the 14th century  and 3000 commemorative coins with face value of 2 rubles dedicated to the famous Russian-Armenian maritime painter Ivan Ayvazovsky, whose 200th anniversary will be marked in 2018. -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch: Armenia plans to issue Eurobonds in the first quarter of 2025

Armenian authorities are planning to issue Eurobonds in the first quarter of 2025 to repay a $313 million Eurobond maturing in March 2025, Fitch Ratings said in a report.

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Profit of Armenia’s banking system in 2024 increased by 60.9% to 363.1 bln. AMD

The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.

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