Russian Fora Bank opens office in Armenia

Banks

YEREVAN, July 24. /ARKA/. The Russian Fora Bank opened an office in Yerevan, the Frank Media outlet reported on Wednesday.

Zaven Arutyunyan was appointed the bank’s chief representative in Armenia.

Fora Bank focuses on trans-border money transfers, including transfers between Russia and Armenia, and cooperates with Ameriabank, one of Armenia’s largest banks.

spot_img

POPULAR

Exchange market

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 3, 2026, fell by 0.41 points compared to July 2, to 367.79 drams.
Economy

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.
News

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.
Economy

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.
Economy

Reverse mortgages for pensioners and new property rights for spouses will be introduced in Armenia

At an extraordinary session on Friday, the National Assembly of Armenia adopted, in the second and final reading, amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
EU-Armenia SME Fund, managed by Amber Capital, increases investments in renewable energy in Armenia
EU-Armenia SME Fund, managed by Amber Capital, increases investments in renewable energy in Armenia
Next article
Armenian government approves $200m loan agreement for Kajaran tunnel construction
Armenian government approves $200m loan agreement for Kajaran tunnel construction