Armenia to receive $8.25 million from KfW in grants

YEREVAN, July 3. /ARKA/. Germany’s KfW Bank will provide $8.25 million to Armenia in grants for implementing environmental projects, the press office of the Armenian nature protection ministry reported on Monday.

Artsvik Minasyan, environment minister, met with Andreas Weitzel, former KfW Bank Project Manager, and Alvaro Berielli, the new Project Manager.

Minasyan and Weitzel signed a program to provide four communities near Shikahogh wildlife sanctuary with energy security. –0—

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Some 68% of March inflation in Armenia contributed by food and non-alcoholic beverages-WB

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Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

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