The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
All 17 commercial banks operating in Armenia from January to September 2025 were listed among the 1,000 largest taxpayers for the period, having contributed 131.2 billion drams to the state budget. This information is based on data released by the State Revenue Committee of Armenia.
Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.
The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.
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 universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
With the support of Acba Bank, the sole greenhouse farm in the area is being developed in the village of Nor Yedesia, located in the Aragatsotn region with all technological operations managed by artificial intelligence, reported the bank's press service.
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.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
All 17 commercial banks operating in Armenia from January to September 2025 were listed among the 1,000 largest taxpayers for the period, having contributed 131.2 billion drams to the state budget. This information is based on data released by the State Revenue Committee of Armenia.
Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.
The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.
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 universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
With the support of Acba Bank, the sole greenhouse farm in the area is being developed in the village of Nor Yedesia, located in the Aragatsotn region with all technological operations managed by artificial intelligence, reported the bank's press service.
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.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenian Finance Minister Tigran Khachatryan and Central Bank Chairman Martin Galstyan will take part in the annual meetings of the World Bank Group and the International Monetary Fund in Washington, D.C
About 27 thousand pensioners and recipients of benefits in Armenia used their bank cards in August 2022 to make non-cash payments and become eligible to 10% cashback, the Ministry of Labor and Social Affairs reported
Norayr Avagyan, a participant of the 44-day war (in the Nagorno-Karabakh conflict zone in the autumn of 2020), volunteered to join the army in the first days of the war. The battle for Shushi was decisive. There he was wounded in the spine. Now Norayr is doing rehabilitation exercises at home with a MetaGait device
The number of bank card frauds has sharply increased in Armenia, the Office of Prosecutor General said, urging citizens not to provide information about their bank cards to other persons
Yerevan Mayor Hrachya Sargsyan and Paolo Spantigatti, Asian Development Bank (ADB) Armenia Country Director, discussed today ways to expand cooperation framework
Vahe, a director by profession, has founded a snail breeding farm in Byurakan for the snails imported from Europe. It is the first in Armenia; special conditions were created for the snails, Acba bank said in a press release
As a result of the cooperation between Acba bank and European Bank for Reconstruction and Development (EBRD) USD 25 million will be directed at the development of Armenia’s economy through financing micro, small and medium enterprises, as well as companies led by women, Acab bank said today in a press release
Armenian Finance Minister Tigran Khachatryan had a working meeting on Monday with a delegation led by the head of the International Monetary Fund (IMF) Mission in Armenia mission Iva Petrova, the ministry's press service reported
Armenian dram/Russian ruble pair trading at the Moscow Exchange reach hundreds of millions a day, Russian Deputy Minister of Economic Development Dmitry Volvach said in an interview with the Public Television of Armenia
The average annual inflation in Armenia jumped to 8.3% in January– July 2022 from 6.1% a year earlier, reflecting increases of 13.1% for food, 6.4% for other goods, and 3.9% for services, the Asian Development Bank said in its September update of the Asian Development Outlook report
Starting from October 12, 2022, Tinkoff Bank's clients will be able to receive SWIFT money transfers in US dollars and euros from banks of three CIS countries - Armenia Azerbaijan, as well as Halyk Bank of Uzbekistan, Russian business daily Kommersant reported
The Armenian government on Thursday adopted a decision whereby starting from January 1, 2023 all types of government benefits paid to needy families, the unemployed etc. will be paid in cashless way in urban and rural communities with a population over 1,000 people, and from 2024 in the rest of the villages
