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Central Bank grants permission for cooperation of UBPAY Armenian and KWIKPAY 

YEREVAN, June 24. /ARKA/.On May 24, 2024, the Board of the Central Bank of the Republic of Armenia granted permission for the cooperation of UBPAY Armenian and KWIKPAY international money transfer systems. 
The operator of UBPAY system is Unibank. -0-

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Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Since 2018, Armenian citizens have received 300 billion drams in income tax refunds for mortgage repayments – Ministry of Social Affairs

From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.

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