Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.
The publication Oninvest learned about the prohibition of online bank Revolut on transfers to accounts with cards issued by banks in Armenia, Georgia, Russia and about 50 other countries. Corresponding letter European digital bank Revolut sent to its clients in France.
"Armenian Card" CJSC stated that technical failures were recorded in the Internet channels of Armenia, as a result of which some online transactions are not certified.
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.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
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.
Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.
The publication Oninvest learned about the prohibition of online bank Revolut on transfers to accounts with cards issued by banks in Armenia, Georgia, Russia and about 50 other countries. Corresponding letter European digital bank Revolut sent to its clients in France.
"Armenian Card" CJSC stated that technical failures were recorded in the Internet channels of Armenia, as a result of which some online transactions are not certified.
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.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
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.
On December 27, Mesrop Hakobyan, Unibank’s Executive Board Chairman and Gor Vardanyan, Rector of the National Polytechnic University of Armenia, signed a memorandum of cooperation, Unibank said in a press release today
YEREVAN, December 28, /ARKA/. The Inecobank branch located in the very heart of the capital has reopened. From now on, the branch at 18 Abovyan St., loved by customers, will welcome its visitors in more comfortable conditions.
Modernization of branches is one of the continuous initiatives at Inecobank aimed at perfecting the quality of customer service. In times of rapid development of digital banking, when only 10% of financial transactions are physically carried out in branches, financial advice through live communication continues to remain in demand by customers. Along with the development of online tools, Inecobank will continue the process of modernizing its branch network, providing all the necessary conditions for high-quality customer service.
From now on, financial advice in the reopened branch will be available until 20:30, which will provide customers with additional convenience to visit the bank after working hours. And the self-service terminals located in the bank area will be available to customers 24/7 for making payments, withdrawals and account replenishment, providing additional flexibility for conducting banking transactions.
Gevorg Mamikonyan, head of the bank's Personal Banking Department stated that the modernization and expansion of the branch network will be continuous for the convenience of each customer.
"Although about 280,000 users carry out almost all their transactions through the InecoOnline system or InecoMobile application today, the most digital bank of Armenia will nonetheless be happy to see its customers in this reopened branch and to introduce all the financial solutions that will help them achieve their goals," Gevorg Mamikonyan noted.
By the way, to make the upcoming holiday season warmer, customers visiting the branch at 18 Abovyan St. before the end of the year have the opportunity to become a Secret Santa for children who live in need in distant communities and dream of New Year miracles. Inecobank employees have been joining the World Vision Armenia donation campaign for four years incessantly, and this time the Bank calls on customers to take part in the initiative by donating money in boxes placed in the reopened branch, promising to complement the donations made by visitors here. -0-
Starting from January 1, 2022, the process of income tax refund for interest paid on mortgage loans will be carried out by a new remote scheme, according to a new decision of the Armenian government, the press service of VTB Bank Armenia reported
Armenia's financial system has maintained stability in 2021 despite considerable difficulties, Chairman of the Central Bank of Armenia Martin Galstyan said December 27 when speaking at a reception organized at the Central Bank on the occasion of the New Year and Christmas
Prime Minister Nikol Pashinyan took part December 27 in a reception organized at the Central Bank on the occasion of the New Year and Christmas. Nikol Pashinyan congratulated the personnel of the Central Bank and the banking sector of Armenia on the coming holidays, wishing them success and all the best
