From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.
The Board of the Central Bank of Armenia has set maximum fees for certain business entities for non-cash payments, in particular, card payments made through physical POS terminals.
Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.
At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.
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.
Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."
Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.
Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
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.
From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.
The Board of the Central Bank of Armenia has set maximum fees for certain business entities for non-cash payments, in particular, card payments made through physical POS terminals.
Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.
At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.
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.
Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."
Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.
Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
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.
As of April 27, banks and credit organizations of Armenia together have granted credit vacations or otherwise revised 758,325 loans of 470,000 individuals worth 26.5 billion drams, as well as 16,356 loans of 14,6 00 legal entities in the amount of 48.3 billion drams, the press service of the Union of Banks of Armenia reports
Armenia's Central Bank said today it has cut the refinancing rate by 0.25 percentage points setting it at 5%. It said also the inflation in March 2020 was 0.5%, up from 0.1% inflation reported for the same month last year. As a result, the 12-month deflation declined to 0.1%.
The government of Armenia is considering a new issue of Eurobonds, possibly even in the national currency dram, Finance Minister Atom Janjughazyan said at an extraordinary parliamentary meeting today, convened to revise downward the budget indicators
Armenia will increase its debt burden by 260 billion drams amid COVID-19, the budget deficit in 2020 may amount to 324 billion drams, Finance Minister Atom Janjughazyan said at an extraordinary parliamentary meeting convened Tuesday to revise budget indicators
The Armenian government has extended the deadline for farmers to conclude agricultural insurance contracts by one month until May 15, Anna Ohanyan, spokeswoman for the Ministry of Economy, wrote in a Facebook post.
The Armenian universal credit organization First Mortgage Company said it has made another issue of AMD and USD-denominated coupon bonds secured by mortgage loans
Armenian banks and credit organizations have provided individuals and legal entities with "loan holidays" worth 61.8 billion drams, Prime Minister Nikol Pashinyan wrote in a Facebook posting on Thursday
The list of 1000 largest corporate taxpayers in Armenia for the first quarter of 2020 includes all 17 commercial banks operating in the country, which paid more than 12.509 billion drams in various taxes as opposed to 11.8 billion drams they had paid for the same period in 2019, the State Revenue Committee (SRC) said
Armenian Prime Minister Nikol Pashinyan reported yesterday night on his Facebook page that the Central Bank of Armenia has bought USD 25 million in the foreign exchange market over the past two days
The Central Bank of Armenia has issued “Gevorg Chavush” and “The 75th Anniversary of the Victory in the Great Patriotic War” silver collection coins, the regulator’s press service reports
Some 973 million drams (over $1.8 million) have been raised so far to support the Armenian government's efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported
Fitch Ratings has revised Yerevan City's Outlook to Negative from Stable, while affirming the city's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BB-'. A full list of rating actions is below
