At a meeting on Thursday, the Armenian government approved measures and procedures for providing cashback on non-cash payments made by individuals through the Armenian Card (ArCa) national payment system.
The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.
Unibank has completed the placement of a new issuance of dram denominated perpetual bonds ahead of schedule. In total, perpetual bonds worth AMD 6.5 billion and USD 9 million were placed in December, resulting in heightened activity in Armenia’s securities market.
Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.
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.
In November, annual inflation in Armenia fell to 3.1%, down from 3.7% in October, according to the World Bank's "Armenia Monthly Economic Update – December 2025."
In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.
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.
At a meeting on Thursday, the Armenian government approved measures and procedures for providing cashback on non-cash payments made by individuals through the Armenian Card (ArCa) national payment system.
The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.
Unibank has completed the placement of a new issuance of dram denominated perpetual bonds ahead of schedule. In total, perpetual bonds worth AMD 6.5 billion and USD 9 million were placed in December, resulting in heightened activity in Armenia’s securities market.
Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.
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.
In November, annual inflation in Armenia fell to 3.1%, down from 3.7% in October, according to the World Bank's "Armenia Monthly Economic Update – December 2025."
In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.
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.
A man who broke today morning into a branch of a bank in the Yerevan Mall shopping center and, threatening with a gas pistol, stole a large sum of money was disarmed on the spot by security officers and citizens and detained, the Police said
Armenia’s State Revenue Committee (SRC) said today it has discussed the initiative to create an electronic platform for the return of individual income tax used to pay off mortgage interest with several government agencies and organizations. It said also that the initiative is part of a program designed to develop and improve its administration
VTB Bank (Armenia) customers can now make money transfers to Visa, MasterCard, MIR, Union Pay cards issued by foreign banks, as well as to bank accounts in the EU member countries. The money is credited to the account instantly; the commission is up to 1.5% of the transfer amount, the press service of the bank reported
Armenia’s Central Bank said the August 3 decision to raise the refinancing rate by 0.5 percentage points, not by 0.25 percentage points as suggested by some members of the Executive Board and setting it at 7% was backed by the overwhelming majority of the Board
The Standard & Poor’s credit rating agency will publish the first sovereign ratings of Armenia from September 25 to October 10, 2021, the Central Bank of Armenia told ARKA news agency
VTB Bank (Armenia) said today it keeps on expanding the range of its services, developing innovative solutions to ensure the most comfortable customer service
In memory of the hero of the 44-day Artsakh war, Chevalier of the Order of the Battle Cross of the 1st degree, the best student of Yerevan State University (YSU) Gevorg Arshakyan, Yerevan State University with the financial support of IDBank announces a competition for the assignment of scholarships after Gevorg Arshakyan
IDBank and Idram summed up the results of another program of the “Power of One Dram” initiative: the entire amount collected during June and July, AMD 6.925.000 was transferred to the Military Insurance Fund, IDBank said in a press release.
Money transfers, remitted to Armenia from abroad in the first five months of 2021 through the banks increased by about $202 million or 37% from the same time span in 2020 amounting to $748 million, according to the Union of Banks of Armenia
In the first half of 2021, the payment cards issued by Armenian banks were used to make 31,532,464 transactions, which was by 10,772,048 or 51.9% more than in the first half of 2020, the Union of Banks of Armenia said
In the frist half of 2021 Armenia-based banks' lending decreased by about 253 billion drams or 6% from the first half of 2020 and by 189 billion drams or 4.6% when compared to the first quarter of 2021 to 3.9 trillion drams at the end of June, the Union of Banks of Armenia said today
Armenia-based commercial banks earned a total of 40.7 billion drams in income in the first half of 2021, by 46.7 million or 0.11% more than in the same time span of 2020, the Union of Banks of Armenia said today
