Taking place in April 2025 in Yerevan, FINTECH360 will bring together over 200 participants, including leading experts from the banking and payments industry, top IT executives, and fintech startups.
The average market exchange rate of the U.S. dollar to the Armenian dram on March 5, 2025, amounted to 394.3 drams, up 0.44 points compared to March 4.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
Head of Armenia's State Revenue Committee Eduard Hakobyan met with Soso Ramishvili, Head of the Investigation Service of the Georgian Ministry of Finance, within the framework of his visit to Tbilisi.
The total public debt of Armenia as of January 31, 2025, amounted to $12,886.996 million, an increase of $44.756 million compared to December 31, 2024.
In February of this year, the 12-month inflation in Armenia's consumer market was 2.5%, according to a report by the National Statistical Committee (NSC) of Armenia.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
Taking place in April 2025 in Yerevan, FINTECH360 will bring together over 200 participants, including leading experts from the banking and payments industry, top IT executives, and fintech startups.
The average market exchange rate of the U.S. dollar to the Armenian dram on March 5, 2025, amounted to 394.3 drams, up 0.44 points compared to March 4.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
Head of Armenia's State Revenue Committee Eduard Hakobyan met with Soso Ramishvili, Head of the Investigation Service of the Georgian Ministry of Finance, within the framework of his visit to Tbilisi.
The total public debt of Armenia as of January 31, 2025, amounted to $12,886.996 million, an increase of $44.756 million compared to December 31, 2024.
In February of this year, the 12-month inflation in Armenia's consumer market was 2.5%, according to a report by the National Statistical Committee (NSC) of Armenia.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
YEREVAN, Feb. 16. /ARKA/. VTB Bank (Armenia) and Visa international payment system have launched a joint #boomerangcashback promotion campaign designed for Visa cardholders, the bank's press service reported.
All 17 Armenia-based commercial banks paid last year 52.286 billion drams in various taxes, by 3.2 billion drams or 6.5% more than in 2020, while the amount of direct taxes grew by about 1.9 billion drams or 4.4% to 44.732 billion drams, Deputy Executive Director of the Union of Banks of Armenia (UBA) Arman Sargsyan said at a press conference on Wednesday
The number of banking cards issued by Armenia-based banks grew last year by 8.3% from 2020, Deputy Executive Director of the Union of Banks of Armenia (UBA) Arman Sargsyan said at a press conference on Wednesday
Individual money transfers sent to Armenia largely by migrant workers in 2021 through the banks grew by approximately $268 million or 14.6% when compared to the previous year, to $2.109 billion, according to the Union of Banks of Armenia (UBA)
Banning Russia from the SWIFT financial system will have a negative impact on Armenia because of Armenian and Russian economics’ interconnections, Seyran Sargsyan, the executive director of the Union of Banks of Armenia (UBA), told a news conference today
YEREVAN, February 16. /ARKA/. When applying for VTB Bank (Armenia) consumer loans until February 21 at the bank’s partner outlets, the bank’s clients will be awarded a discount on the purchase of goods, the bank’s press service said in a press release today specifying that the discount will make 5% of the loan amount.
The Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan didn't rule out a possible merger or acquisition in the local banking sector in 2022, saying also that new players may appear in the market as well
