Armenia’s central bank raises refinancing rate by 0.5% to 7.75%

The memorandum of strategic cooperation signed between Renshin and GTB Development sets a new benchmark in Armenia's urban development and investment landscape.

The European Bank for Reconstruction and Development (EBRD) is set to launch a new AMD 5 billion floating-rate bond issuance in the Armenian capital market, reaffirming its commitment to supporting the development of local currency financing and deepening Armenia’s financial markets.

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

At an extraordinary session on Friday, the National Assembly of Armenia adopted, in the second and final reading, amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

How modern fintech solutions are changing consumer behavior, expanding financial opportunities for businesses, and stimulating the economy was the focus of the presentation "When Financial Technology Becomes a Sales Engine," delivered by Grigori Yolyan, Head of the Commercial Partnership Department at IDBank, during Mantashyants Global Business Forum 2026.