Unibank has successfully completed the full allocation of AMD 1.5 billion worth of Class G convertible preferred shares ahead of the scheduled deadline.
Initiated by the Union of Banks of Armenia (UBA), the Raiffeisen Banking International (RBI) corporation hosted the first "Days of Armenian Banks" in Vienna, aimed at enhancing collaboration between the financial sectors of Armenia and Europe.
For several months, four children with special needs from the Arvestaran educational and cultural center have been actively engaged in the Loshik social entrepreneurship program.
Armenian banks are consistently implementing new systems to safeguard their clients, including the utilization of AI technologies. However, protection may become unattainable if individuals are careless with their data, stated Martin Galstyan, Chairman of the Central Bank.
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.
On Wednesday, the Central Bank of Armenia convened a meeting with a delegation from the IMF mission to Armenia, as reported by the regulator's press service.
n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Unibank has successfully completed the full allocation of AMD 1.5 billion worth of Class G convertible preferred shares ahead of the scheduled deadline.
Initiated by the Union of Banks of Armenia (UBA), the Raiffeisen Banking International (RBI) corporation hosted the first "Days of Armenian Banks" in Vienna, aimed at enhancing collaboration between the financial sectors of Armenia and Europe.
For several months, four children with special needs from the Arvestaran educational and cultural center have been actively engaged in the Loshik social entrepreneurship program.
Armenian banks are consistently implementing new systems to safeguard their clients, including the utilization of AI technologies. However, protection may become unattainable if individuals are careless with their data, stated Martin Galstyan, Chairman of the Central Bank.
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.
On Wednesday, the Central Bank of Armenia convened a meeting with a delegation from the IMF mission to Armenia, as reported by the regulator's press service.
n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
YEREVAN, February 8. /ARKA/. Armenian banks' lending volume amounted to AMD 5.3 trillion at the end of December 2023 against AMD 5 trillion at the end of September, the National Statistical Committee said.
Both figures include extended and overdue loans, it said.
Loans issued in foreign currency amounted to AMD 1.88 trillion equivalent at the end of December 2023 against AMD 1.76 trillion in September, while loans in AMD amounted to AMD 3.43 trillion against AMD 3.29 trillion in September.
The volume of loans extended by banks to non-residents amounted to AMD 269.8 billion against AMD 260.3 billion in September, while the volume of loans to residents amounted to AMD 4.88 trillion against AMD 4.59 trillion in September.
The volume of loans to residents in AMD amounted to AMD 3.21 trillion in December against AMD 3.02 trillion in September, while the volume of loans in foreign currency amounted to the equivalent of AMD 1.67 trillion against AMD 1.57 trillion in September.
The volume of loans issued by credit organizations at the end of December amounted to 320 billion drams against 295.5 billion in September.
Loans to non-residents amounted to AMD 11.5 billion against AMD 16.2 billion in September, while the volume of loans to residents amounted to AMD 279.3 billion against AMD 280.1 billion in August.
Loans to residents in AMD amounted to AMD 308.4 billion vs. AMD 279.3 billion in September, and loans in foreign currency amounted to the equivalent of AMD 85.7 billion vs. AMD 67.7 billion in September. ($1 - AMD 404.47) -0-.
Armenia's public debt-to-GDP ratio has "impressively improved from 67% in 2020 to 47% in 2023," Renaissance Capital analysts said in their study of the economies of six CIS countries - Armenia, Azerbaijan, Georgia, Kazakhstan, Tajikistan and Uzbekistan
