ArCa payment system is temporarily unavailable

YEREVAN, July 29. /ARKA/. Due to technical re-equipment and system improvement work, services in the ArCa payment system are temporarily unavailable from 11:46 a.m., the Armenian Card company reports.

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An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

US dollar and ruble drop against Armenian dram      

YEREVAN, August 17. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market, fell by 0.32 points on August 17, 2026, compared to August 14, to 365.82 drams.

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

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