Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.
The publication Oninvest learned about the prohibition of online bank Revolut on transfers to accounts with cards issued by banks in Armenia, Georgia, Russia and about 50 other countries. Corresponding letter European digital bank Revolut sent to its clients in France.
"Armenian Card" CJSC stated that technical failures were recorded in the Internet channels of Armenia, as a result of which some online transactions are not certified.
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 net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
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.
Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.
The publication Oninvest learned about the prohibition of online bank Revolut on transfers to accounts with cards issued by banks in Armenia, Georgia, Russia and about 50 other countries. Corresponding letter European digital bank Revolut sent to its clients in France.
"Armenian Card" CJSC stated that technical failures were recorded in the Internet channels of Armenia, as a result of which some online transactions are not certified.
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 net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
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.
The Asian Development Bank (ADB) has appointed Don Lambert as its new Country Director for Armenia. He officially started the role today and joined the Armenia Resident Mission
Armenia has had a strong rebound from successive shocks in recent years since its downgrade in 2020, Fitch Ratings said as it has upgraded Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BB-' from 'B+'. The Outlook is Stable
Sharp increases in money transfers and movement of migrants from Russia have contributed to a sustained strengthening of the dram since mid-2022, Fitch Ratings said as it has upgraded Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BB-' from 'B+'. The Outlook is Stable
Fitch ratings said in a report that Armenia’s government debt/GDP fell sharply to 46.7% in 2022 from 60.2% in 2021 due mainly to currency appreciation, but also due to the strong nominal GDP rebound and fiscal consolidation
Andranik Grigoryan, the CEO of Converse Bank, addressed key topics in an interview with AmCham magazine, including customer interests, digital financial services improvement, and Converse Bank's digital team organization. Read the full interview with Andranik Grigoryan
Armeconombank has joined a cashback scheme designed for pensioners and allowance recipients who use their bank cards to pay for purchases and utilities (cashless payments)
Seventeen out of 18 commercial Armenia-based banks are in the list of 1000 largest corporate taxpayers in the first half of 2023, the State Revenue Committee said
Armenian Finance Minister Vahe Hovhannisyan received on Monday Paolo Spantigati, the director of the Asian Development Bank's (ADB) Resident Mission in Armenia, who is completing his mission in the country, and Donald Lambert, the newly appointed director of the Mission, the press service of the ministry reported
