Central Bank grants permission for cooperation of UBPAY Armenian and KWIKPAY 

Insurance market of Armenia is in embryonic state

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

High profitability was recorded in the banking system of Armenia at the end of 2024, which was facilitated by growth in net interest income and low level of credit losses, said Martin Galstyan, Chairman of the Central Bank of the Republic, presenting the financial stability report for 2024.

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 9, 2025, fell by 0.36 points compared to June 6 and amounted to 383.46 drams.