The Armenian payment and settlement system UBPay has announced a partnership with iSend, a global company that specializes in offering seamless money transfer solutions. This collaboration expands the options available to UBPay customers, providing access to transfers to the United States, Canada, India, Australia, Singapore, and European countries.
Quiet, heartfelt, and melodic: the recording and presentation of the album "Symphonic Lullabies" took place in collaboration with Acba Bank, the Hayastan All-Armenian Fund, and the State Symphony Orchestra of Armenia.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
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.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
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 Armenian payment and settlement system UBPay has announced a partnership with iSend, a global company that specializes in offering seamless money transfer solutions. This collaboration expands the options available to UBPay customers, providing access to transfers to the United States, Canada, India, Australia, Singapore, and European countries.
Quiet, heartfelt, and melodic: the recording and presentation of the album "Symphonic Lullabies" took place in collaboration with Acba Bank, the Hayastan All-Armenian Fund, and the State Symphony Orchestra of Armenia.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
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.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
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.
VTB Bank (Armenia) has opened today its 69th branch in Armenia. The branch, called Tigran Metz is located within the Yerevan railway station at 86, Tigran Mets Avenue
Thanks to the assistance of the Stepan Gishyan charity foundation run by the ACBA-CREDIT AGRICOLE BANK, a wool processing workshop operating in the Shinuair community in the southern province of Syunik
The Chairman of the Central Bank of Armenia Artur Javadyan and the President of the Black Sea Trade and Development Bank (BSTDB) Dmitry Pankin had a meeting today in Yerevan to discuss the status of a set of BSTDB-financed projects in Armenia
Six Armenia-based insurance companies collected a total of 29.9 billion drams in the first 9 months of 2019 as premiums for mandatory insurance of vehicles and paid 16.7 billion drams in damage compensation claims
The share of calculations in national currencies in deals among the Eurasian Economic Union member countries reached 70% in the first half of this year, vestifinance.ru reports
Unibank has donated advanced computer classrooms to schools in the border villages of Khachik and Shaghat, the press office of the bank reported on Monday
Six insurance companies operating in Armenia earned a total of 387.5 million drams in net profit in the first nine months of this year, down from 1.711 billion drams they had earned a year earlier
Thanks to the assistance of ACBA-CREDIT AGRICOLE BANK two modern computer classrooms have opened in the #4 school in the town of Gyumri, the administrative capital of the northwestern Armenian province of Shirak and in the high school of the Maisyan community
Armenia’s acting Prime Minister Nikol Pashinyan asked today the Ministry of Defense and the Central Bank to look into the possibility of providing low-interest rate mortgage loans to contract servicemen
In an exclusive interview with ARKA news agency, Dmitry Pankin, President of the Black Sea Trade and Development Bank (BSTDB), said Armenia’s banking sector is in good condition, and in many respects it should be credited to the Central Bank of the country
