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Central Bank of Armenia warns about fraudulent surveys and urges not to share banking data

YEREVAN, January 22. /ARКА/. The Central Bank of Armenia does not conduct any surveys regarding citizens’ banking data, the regulator said today.

“We urge citizens to be vigilant and not to provide any data in case of questions sent by phone or from social platforms. Financial institutions have all relevant data: there is no need for such surveys,” the Central Bank said in a Facebook post. -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

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

High profitability of Armenian banks in 2024 was facilitated by growth in net interest income and low level of credit losses – Galstyan

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.

Euro and dollar exchange rates to the Armenian dram fell, the ruble rose slightly

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.

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