The net profit of Armenia's banking system in the third quarter of 2025 amounted to 107.2 billion drams, an increase of 15.57% compared to the same quarter of 2024, and a 7.39% increase compared to the second quarter of this year.
A review of information received by the Central Bank has revealed that a company presenting itself as "bank24.am" is making a public offer of loans through advertisements posted on its website and various social media platforms (TikTok, Facebook, Instagram).
In alignment with the "Clean Future for Lake Sevan" initiative, Acba Bank, in collaboration with the Armenian branch of the German Nature and Biodiversity Conservation Union (NABU), has undertaken efforts to clear one of the lake's shores of plastic and debris.
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.
Given significant uncertainty, the Central Bank of Armenia should continue to closely monitor economic trends and inflation expectations and be prepared to adjust the refinancing rate if necessary, the IMF said in a statement following the visit of the Fund mission, led by Alexander Timan, to Yerevan from September 17-30.
An International Monetary Fund (IMF) team led by Alexander Tieman visited Yerevan from September 17-30, 2025, to conduct discussions for the Sixth review under the current Stand-By Arrangement (SBA) with Armenia and the authorities’ request of a new 36-month SBA.
The Committee on Financial, Credit, and Budgetary Affairs of the National Assembly of Armenia approved the draft law "On Amendments to the Law on Public Debt" in its first reading.
In the first half of 2025, foreign investment inflow into the real sector of the Armenian economy reached 47,955.2 million drams, which is a decrease of 59,317.5 million drams compared to the same period in 2024.
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.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
The net profit of Armenia's banking system in the third quarter of 2025 amounted to 107.2 billion drams, an increase of 15.57% compared to the same quarter of 2024, and a 7.39% increase compared to the second quarter of this year.
A review of information received by the Central Bank has revealed that a company presenting itself as "bank24.am" is making a public offer of loans through advertisements posted on its website and various social media platforms (TikTok, Facebook, Instagram).
In alignment with the "Clean Future for Lake Sevan" initiative, Acba Bank, in collaboration with the Armenian branch of the German Nature and Biodiversity Conservation Union (NABU), has undertaken efforts to clear one of the lake's shores of plastic and debris.
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.
Given significant uncertainty, the Central Bank of Armenia should continue to closely monitor economic trends and inflation expectations and be prepared to adjust the refinancing rate if necessary, the IMF said in a statement following the visit of the Fund mission, led by Alexander Timan, to Yerevan from September 17-30.
An International Monetary Fund (IMF) team led by Alexander Tieman visited Yerevan from September 17-30, 2025, to conduct discussions for the Sixth review under the current Stand-By Arrangement (SBA) with Armenia and the authorities’ request of a new 36-month SBA.
The Committee on Financial, Credit, and Budgetary Affairs of the National Assembly of Armenia approved the draft law "On Amendments to the Law on Public Debt" in its first reading.
In the first half of 2025, foreign investment inflow into the real sector of the Armenian economy reached 47,955.2 million drams, which is a decrease of 59,317.5 million drams compared to the same period in 2024.
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.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's external reserves at the end of August 2019 stood at $2.297.9 billion, an increase of $77.5 million or 0.97% when compared with the previous month of July, the Central Bank said
On September 28 and 29, as part of a special offer #amexweekend, holders of American Express cards will receive 10% CASHBACK for purchases paid for by their cards at the Dalma Garden Mall shopping and service centers (excluding supermarkets), the press service of ACBA-CREDIT AGRICOLE BANK said. It said all #amexweekend terms are available here
Armenia's Central Bank has revised upward its forecast of economic growth for 2019. It said economic activity is high in the third quarter of 2019 and that this trend will also continue in the short term, as a result of which the projected GDP growth for 2019 has been revised upwards to 6.9%
Armenia's Central Bank has put in circulation today 500 silver commemorative coins dedicated to the 150th birth anniversary of great Armenian composer Komitas.
The obverse of the coin depicts sketches made by Komitas, episodes of the first printed edition of the National Anthem (1891). The reverse depicts a portrait of the composer, a contour of the Gevorkian Seminary and images of Armenian and European musical notes
The total amount of revenues collected by Armenian tax authorities in the first half of 2019 was by almost $120 million more than projected, Prime Minister Nikol Pashinyan said during a meeting with the Armenian community of New York on Tuesday
The Stepan Gishyan charity foundation, run by ACBA-CREDIT AGRICOLE BANK and the Armenian Fund for Sustainable Development provided the students of N1 basic school in the town of Ijevan with the opportunity to learn French, the press service of ACBA-CREDIT AGRICOLE BANK reported
The Central Bank of Armenia has provided figures of the financial situation for the first half of this year. The regulator says in its report that its assets totaled over AMD 1,799,599,671,000 as of June 30, 2019 against AMD 1,806,159,872,000 in late December 2018
Armenia's Deputy Prime Minister Tigran Avinyan received today a European Bank for Reconstruction and Development (EBRD) delegation, led by its First Vice President Jurgen Rigtering
The government of Armenia may attract cheap resources by issuing pan-Armenian bonds, Tatul Manaseryan, head of a Yerevan-based think tank Alternative, told reporters on Monday
In the first half of 2019, Unibank directed more than AMD 15,5 billion in support for business. The popularity of business loans among entrepreneurs is conditioned by the accessibility of credit funds and the possibility of fast financing, the bank said in a news release. It said representatives of small and medium-sized enterprises get apply for an unsecured loan of up to AMD 5 million with a simplified procedure
Moody's Investors Service ("Moody's") has assigned a corporate family rating (CFR) of B2, probability of default rating (PDR) of B2-PD to Zangezur Copper Molybdenum Combine CJSC (ZCMC), one of the largest exploration and mining companies in Armenia. The outlook is stable
