The year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The Central Bank of Armenia's decision to lower the refinancing rate by 0.25 percentage points to 6.50% is seen as moderately advantageous for the nation's economy and financial markets, according to Hovak Hovakimyan, Director of Freedom Broker Armenia, speaking to ARKA.
The Central Bank of Armenia is pursuing a fairly balanced and consistent policy to ensure the stability of the financial system, particularly in terms of digitalization and market transparency, according to Freedom Broker Armenia Director Hovak Hovakimyan.
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.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
Armenia's total public debt as of October 31, 2025, amounted to $14,173.212 million, a decrease of $22.676 million compared to September 30, 2025. This is stated in a report by the Statistical Committee of Armenia.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
The year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The Central Bank of Armenia's decision to lower the refinancing rate by 0.25 percentage points to 6.50% is seen as moderately advantageous for the nation's economy and financial markets, according to Hovak Hovakimyan, Director of Freedom Broker Armenia, speaking to ARKA.
The Central Bank of Armenia is pursuing a fairly balanced and consistent policy to ensure the stability of the financial system, particularly in terms of digitalization and market transparency, according to Freedom Broker Armenia Director Hovak Hovakimyan.
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.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
Armenia's total public debt as of October 31, 2025, amounted to $14,173.212 million, a decrease of $22.676 million compared to September 30, 2025. This is stated in a report by the Statistical Committee of Armenia.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
The year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The Central Bank of Armenia's decision to lower the refinancing rate by 0.25 percentage points to 6.50% is seen as moderately advantageous for the nation's economy and financial markets, according to Hovak Hovakimyan, Director of Freedom Broker Armenia, speaking to ARKA.
The Central Bank of Armenia is pursuing a fairly balanced and consistent policy to ensure the stability of the financial system, particularly in terms of digitalization and market transparency, according to Freedom Broker Armenia Director Hovak Hovakimyan.
In today’s rapidly evolving fintech landscape, true competitive advantage comes not only from offering online services, but also from the ability to integrate quickly and scale into new markets.
Acba Bank presented its experience at the conference "Board of Directors in Armenia: Challenges and Opportunities," emphasizing the key role of corporate governance in the development of the Armenian economy, the bank's press service reported.
Acba Bank's cybersecurity team presented its solutions for protecting the digital environment from online threats and fraud at the ArmSec 2025 conference.
Unibank has become a member of BAFT (Bankers Association for Finance and Trade), the leading global industry association for international transaction banking.
Acba Bank, in partnership with the European Bank for Reconstruction and Development (EBRD), is launching the first targeted financing program designed for businesses founded by young people in Armenia, the bank's press service reported.
From December 20 to 24, 2025, with the support of Unibank, Yerevan will host the international tournament “Unibank Cup,” featuring the national teams of Armenia, Moldova, Georgia, and Kyrgyzstan. The tournament is organized by the Football Federation of Armenia.
Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.
