VTB (Armenia) acted as a partner of the annual championship of the intellectual game "What? Where? When?" that involved teams from financial and IT companies of the country.
Regarding crypto-assets, the Central Bank of Armenia is trying to balance the opportunities and risks for the economy, Levon Sahakyan, a member of the Central Bank Board, said at the III Capital Markets Armenia conference organized by Cbonds.
The Acba Bank has started issuing Visa Signature Limited Edition cards with the image of "Armenia. Panel" by Martiros Saryan, the bank's press service reported.
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
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Deputy Prime Minister of Armenia Mher Grigoryan met with the Director General of the Central and West Asia Department of the Asian Development Bank (ADB), Yevgeny Zhukov.
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.
VTB (Armenia) acted as a partner of the annual championship of the intellectual game "What? Where? When?" that involved teams from financial and IT companies of the country.
Regarding crypto-assets, the Central Bank of Armenia is trying to balance the opportunities and risks for the economy, Levon Sahakyan, a member of the Central Bank Board, said at the III Capital Markets Armenia conference organized by Cbonds.
The Acba Bank has started issuing Visa Signature Limited Edition cards with the image of "Armenia. Panel" by Martiros Saryan, the bank's press service reported.
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
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Deputy Prime Minister of Armenia Mher Grigoryan met with the Director General of the Central and West Asia Department of the Asian Development Bank (ADB), Yevgeny Zhukov.
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 Armenian government at a meeting on Thursday approved signing a grant agreement with the Asian Development Bank (ADB) to implement a program designed to improve food security adapted to climate change
The National Assembly of Armenia has approved the ratification of a Eurasian Economic Union (EEU) agreement on mutual recognition of bank guarantees in municipal and state procurement
Emphasizing the role of social sector projects, Rostelecom Armenia has raised AMD 3 million for Arabkir United Children's Charity Fund to provide development and rehabilitation services for children in Meghri Regional Medical Center, Rostelecom's press service reports
S&P Global Ratings Services has affirmed the sovereign ratings of the Republic of Armenia's long-term/short-term foreign and local currency issues at "BB -"/"B", keeping the "stable" outlook unchanged, the press service of the Ministry of Finance reported
Visa, a world leader in digital payments, enters into a partnership with Unibank to offer unique opportunities to holders of Unibank Visa cards in Armenia on the eve of the Olympic Games Paris 2024
VISA is trying to make sure that all its top innovations reach Armenia as it develops its payments network and continues to add new benefits for cardholders, Diana Koguradze, VISA's regional manager for the South Caucasus, told ARKA news agency.
The number of payment cards in Armenia grew to 3.7 million in 2023, up 16.9% year-on-year, Chairman of the Union of Banks of Armenia (UBA) Daniel Azatyan told a press conference on Tuesday
The arrival of international banks in Armenia is desirable and important, Chairman of the Union of Banks of Armenia (UBA) Daniel Azatyan said at the request of ARKA news agency in a comment on the latest bank acquisition deals
Net money transfers (both commercial and noncommercial) dropped by 47.2 percent (yoy) in December but were 4 times higher than the previous monthб the World Bank says in its "Armenia Monthly Economic Update - February 2024".
The Armenian Parliament's Finance and Budget Committee has approved a draft law calling for ratification of Armenia's agreement with the Eurasian Economic Union (EEU) on mutual recognition of bank guarantees in municipal and state procurements
Ameriabank (the Bank) has reached an agreement with the BOGG (the Group), a UK registered financial group, to join the latter as a standalone entity and the Group to become the main shareholder of the Bank, with the European Bank for Reconstruction and Development (“EBRD”) retaining their 10% shareholding in Ameriabank, Ameriabank said today in a press release
Remittance inflow to Armenia in 2024 is very likely to drop by about 15% from 2023, while the remittance outflow will continue to grow, economist Aghasi Tavadyan believes
