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.
Armenian Economy Minister Vahan Kerobyan blamed today the rising inflation on high consumption driven by high economic growth, the sharp rise in prices of food and other goods in international markets and on the arrival of tens of thousands of Russian nationals and ethnic Armenians
The amount of taxes paid by 16 Armenia-based commercial banks in January-September of 2022 grew by about 5.6 billion drams (13.6%) compared to the same period in 2021, according to the Union of Banks of Armenia (UBA). The amount of direct taxes increased by about 4.8 billion drams or 13.8% to about 39.8 billion drams
Individual money transfers to Armenia processed by local banks as of late September 2022 increased by approximately $1.9 bln or 125% from September 2021 to $3.5 bln, the Union of Banks of Armenia (UBA) said in a report
The portfolio of securities issued by Armenia's banks in the first half of 2022 totaled 365 billion drams, according to the Union of Banks of Armenia (UBA)
All seventeen Armenia-based commercial banks earned 187.8 billion drams in profits in the first 9 months of 2022, by 121.5 billion drams (or 183.3%) more from the same time span of 2021, according to the Union of Banks of Armenia (UBA)
Acba Bank joined the 25th annual telethon held this year under the motto "We Develop Dynamic Communities', organized by Hayastan All-Armenian Fund, the bank's press service said in a press release
Starting today, AraratBank will support Google Pay, enabling cardholders to take advantage of simple and secure contactless payments and digital card storage on both Android and WearOS devices
Armenian Finance Minister Tigran Khachatryan received on Wednesday UN Interim Resident Coordinator in Armenia and UNICEF Representative Christine Weigand, the ministry’s press service reported
Apartment property management comapnies in Armenia must have separate bank accounts to collect mandatory and other payments from apartment owners in non-cash form, the country's Urban Development Committee said
