Euro jumps by 1.11 points to AMD 430.63

Last week, the focus in Armenia was on changes in bank taxation, the development of a new law on payment services, and the transformation of investment companies.

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

The international FINTECH360 conference took place in Yerevan, bringing together around 500 participants from more than 30 countries, including the United States, United Kingdom, France, Germany, Switzerland, Cyprus, Latvia, Luxembourg, Romania, UAE, India, Russia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Uzbekistan, Georgia, and others.

Armenia needs high-quality projects that could be financed by banks and pension funds, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 6, 2026, decreased by 0.44 points compared to May 5, to 370 drams.