ARKA News Agency is 28 years old!

ARKA News Agency has turned 28 years old on May 1. All these years our principles have remained unchanged – to promptly provide reliable and quality information to our audience and to become an influential news agency for the business community. During these years we have managed to earn the trust and respect of our readers and partners, and this is the highest evaluation of our work.

This trust, in particular, is evidenced by the fact that we are the media partner of the EBRD Annual Meeting and Business Forum, which will be held in May in Yerevan, along with such recognized leaders of our field as Euromoney and Global Finance, and in June – the EEurasian Development Bank’s Annual Meeting in Almaty.

Trust is still the most important criterion for evaluating our work. We are grateful to our partners and clients for their support and look forward to further cooperation. We are also grateful to all our readers, colleagues and friends who have stayed with us all these years. We will continue to be together despite the turbulent times in which we live today.

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Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.

Central Bank of Armenia has kept the refinancing rate unchanged at 6.5% for the sixth consecutive time

At its meeting on August 4, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the sixth consecutive time, the regulator's press service reported.

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

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