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Daily Archives: Jun 13, 2023

Practical business skills in focus of CaseKey 2023–Byblos Bank Armenia partnership

Banks
More than 200 smart and promising young people selected out of 500 applicants will get to participate in the CaseKey Business Case Competition 2023, whose title sponsor this year is Byblos Bank Armenia.

No significant rise in cyber attacks on Armenian financial institutions- Central Bank

Interviews
ARKA news agency asked the Central Bank of Armenia to comment on the cyber security situation in the country's financial system. The regulator’s press service provided the following answers to the agency's request.

Central Bank of Armenia lowers refinancing rate to 10.5%

Economy
Armenia's Central Bank has cut today the key refinancing rate by 0.25 percentage points to 10.5%, the regulator's press service reported

IMF enables access of about US$24.5 million to Armenia under SBA

Economy
The Executive Board of the International Monetary Fund (IMF) completed the first review under the Stand-By Arrangement (SBA) with Armenia, IMF said in a press release

ArmBanks.am - ARKA News Agency financial-banking portal
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Latest news

Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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