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State Revenue Committee returns 3.4 billion drams of income tax for repayment of mortgage interests

YEREVAN, May 25. /ARKA/. In the first four months of 2020 Armenia’s State Revenue Committee returned 3.4 billion drams of income tax for repayment of mortgage loans.

It said the returned money is used to pay mortgage interests. In the same time span of 2019 it had returned 2 billion drams. ($1 – 483 drams). –0–

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Unibank opens new branch in Malatya-Sebastia district of Yerevan

Unibank's branch ‘Zoravar Andranik’ has started servicing clients, the bank's press service reported.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

EDB: Armenia increasingly likely to complete tcycle of refinancing rate cuts in first quarter

The Eurasian Development Bank (EDB) forecasts a further acceleration in price growth in the coming months, with inflation expected to align closely with the target of the Central Bank of Armenia (3% ±1%).

Armenia’s state debt at the end of September 2024 exceeded 2023 figure by 5.5% – Finance Ministry

Armenia's state debt as of the end of September 2024 stood at $12.5 billion, exceeding the previous year's figure by 5.5%, Armenian Finance Minister Vahe Hovhannisyan said.

Euro depreciates by 0.86 points to AMD 409.45

The average market exchange rate of the US dollar to the Armenian dram on January 16, 2025, amounted to 398.1 drams, having increased by 0.01 points compared to January 15.

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s banking system reports a profit of 363 billion drams in 2024

The profit of Armenia's banking system for 2024 amounted to approximately 363 billion drams, according to the Union of Banks of Armenia (UBA).

Euro up 3.8 drams, US dollar down 0.1 points

The average market exchange rate of the US dollar to the Armenian dram as of January 22, 2024, was 398.74 drams, down 0.1 points compared to January 21.

Armenia to get $40 million loan from  IBRD for substation reconstruction

The National Assembly of Armenia has ratified today a $40 million loan agreement between the government and the International Bank for Reconstruction and Development (IBRD, a World Bank division).

Unibank opens new branch in Malatya-Sebastia district of Yerevan

Unibank's branch ‘Zoravar Andranik’ has started servicing clients, the bank's press service reported.

EDB: Armenia increasingly likely to complete tcycle of refinancing rate cuts in first quarter

The Eurasian Development Bank (EDB) forecasts a further acceleration in price growth in the coming months, with inflation expected to align closely with the target of the Central Bank of Armenia (3% ±1%).

Central Bank of Armenia warns about fraudulent surveys and urges not to share banking data

The Central Bank of Armenia does not conduct any surveys regarding citizens' banking data, the regulator said today.

US dollar, euro and ruble rise in Armenia for the second day in a row

The average market exchange rate of the US dollar to the Armenian dram as of January 21, 2024, amounted to 398.84 drams, increasing by 0.2 points compared to January 20.

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