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

The Armenian government forecasts stable economic growth of 5.4-5.6% annually in the medium term, stated RA Finance Minister Vahe Hovhannisyan.

The week in Armenia's financial market was dominated by the debt agenda, Central Bank statements, currency dynamics, and decisions regarding non-cash payments.

Interest rates on loans in Armenia may decrease if favorable inflation and geopolitical conditions persist, stated Martin Galstyan, Chairman of the Central Bank of Armenia, on Public Television.

VTB (Armenia) is reporting increased demand for its "Fast" loan product, designed for clients operating in the agricultural sector.

Paralympic gold medalists and U.S. Sports Envoys Rose Hollermann and Steve Serio visited Armenia to conduct a wheelchair basketball masterclass and an exhibition game. Unibank and the “Vanq” Charity Fund jointly sponsored the concluding event held in Yerevan, supporting an initiative that combined sport with a powerful message of determination, resilience, and overcoming barriers.