The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.
Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.
Cyber Security Week in Armenia ended with the Bug Bounty competition with Acba Bank's offensive cyber security team recognized as the best, according to the bank's press service.
The Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.
Unibank and Urartu football club announced the start of a long-term partnership. On June 27, 2025, a signing ceremony was held at the club's training base, whereby Unibank has become the title sponsor of the club.
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
On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.
The net inflow of private remittances in Armenia from abroad sent through the banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
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.
The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.
Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.
Cyber Security Week in Armenia ended with the Bug Bounty competition with Acba Bank's offensive cyber security team recognized as the best, according to the bank's press service.
The Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.
Unibank and Urartu football club announced the start of a long-term partnership. On June 27, 2025, a signing ceremony was held at the club's training base, whereby Unibank has become the title sponsor of the club.
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
On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.
The net inflow of private remittances in Armenia from abroad sent through the banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
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.
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
