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Daily Archives: Oct 17, 2025

Central Bank of Armenia should be prepared to adjust the refinancing rate if necessary – IMF

Given significant uncertainty, the Central Bank of Armenia should continue to closely monitor economic trends and inflation expectations and be prepared to adjust the refinancing rate if necessary, the IMF said in a statement following the visit of the Fund mission, led by Alexander Timan, to Yerevan from September 17-30.

Armenia’s banking system has strong capital and liquidity buffers – IMF

YEREVAN, October 17. /ARKA/. Armenia's banking system demonstrates high profitability and has strong capital and liquidity buffers.

Armenia and IMF reach agreement on new three-year SBA worth $175 million

An International Monetary Fund (IMF) team led by Alexander Tieman visited Yerevan from September 17-30, 2025, to conduct discussions for the Sixth review under the current Stand-By Arrangement (SBA) with Armenia and the authorities’ request of a new 36-month SBA.

Net loan portfolio of Armenian banks increased by 29.89% to AMD 7.2 trillion in third quarter of 2025

The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.

Ranking of Armenia’s Most Profitable Banks for the Third Quarter of 2025

The ARKA News Agency has released a ranking of the most profitable commercial banks in Armenia for the third quarter of 2025.

Armenia’s banking system profit in Q3 2025 increased by 15.75% to 107.2 billion drams

The net profit of Armenia's banking system in the third quarter of 2025 amounted to 107.2 billion drams, an increase of 15.57% compared to the same quarter of 2024, and a 7.39% increase compared to the second quarter of this year.

Central Bank of Armenia warns of unlicensed company offering loans

A review of information received by the Central Bank has revealed that a company presenting itself as "bank24.am" is making a public offer of loans through advertisements posted on its website and various social media platforms (TikTok, Facebook, Instagram).