Thu, 5 February
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Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

Acba bank launches the new American Express Gold Debit Card

Acba bank, American Express' licensee in Armenia, launches the new American Express Gold Debit Card, offering exclusive benefits in travel and for everyday spend*.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.
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Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

Armenia’s commercial banks paid 162.14 billion drams to the state budget in 2025

All 17 commercial banks operating in Armenia were included in the list of the top 1,000 taxpayers in 2025, having paid a total of 162.14 billion drams to the state budget.

Net loan portfolio of Armenian banks increased by 22.66% to 7.7 trillion drams in 2025

The loan portfolio of the Armenian banking system as of December 31, 2025, amounted to 7.7 trillion drams, an increase of 22.66% compared to the fourth quarter of 2024.

Ranking of the most profitable banks in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable commercial banks in Armenia for 2025.

Armenia’s banking sector experienced profit surge of 16% in 2025, reaching 421.3 billion drams

The net profit of Armenia's banking sector for the year 2025 stood at 421.3 billion drams, reflecting a 16.01% increase from 2024.

Armenia to Receive $150 Million Loan from ADB to Finance State Budget Deficit

At a meeting on Thursday, the Armenian government approved a proposal to sign a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Markets Development.

VTB (Armenia) launches MIR travel card for convenient payments and money transfers between Russia and Armenia

VTB (Armenia) has launched the MIR Travel multicurrency card, designed for customers who regularly travel to Russia, work, or study there.

Book by March 31 and get 15% off your FINTECH360 ticket

The FINTECH360 International Conference will be held in Yerevan, with an exclusive offer for early birds: book your ticket by March 31 and receive a 15% discount.
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