Fri, 14 February
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Yerevan
USD: 396.42 RUB: 4.33 EUR: 412.99 GEL: 140.53 GBP: 495.29
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Announces

‘Bad’ loan assistance program launched in Armenia: 1000 applications already submitted

A scheme designed by the Armenian government to support citizens with bad loans started  on February 1 with 1000 beneficiaries having already submitted online applications,  Deputy Minister of Labor and Social Affairs David Khachatryan said today.

ARKA News Agency unveils updated Arkatelecom.am website

ARKA News Agency announces the launch of the updated website Arkatelecom.am — the first specialized resource in the field of high technologies and telecommunications in Armenia, operating since 2008.

Armenia to start providing loans of up to 15 billion drams for the creation of greenhouse farms

On Thursday, the Armenian government approved a program to stimulate the development of modern, technologically advanced large greenhouse farms.

Net inflow of remittances from Russia to Armenia in 2024 decreased by 52.3% – Ministry of Finance

In January-December 2024, the net inflow of remittances to Armenia decreased by 34.8%, with a decline of 52.3% from the Russian Federation and 3.5% from other countries.

Net inflow of money transfers to Armenia drops 1.1 times in 2024

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, amounted to $1.51 billion in January-December 2024, compared to $1.65 billion in 2023, according to the report from the Central Bank of Armenia.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Euro jumps by 3.25 drams to 418.48 drams

The average market exchange rate of the U.S. dollar to the Armenian dram on January 24, 2024, amounted to 398.97 drams, having risen by 0.09 points compared to January 23.

Armenia to receive 45.3 million euros from Asian Development Bank to improve healthcare quality

Armenia will receive a EUR 45.3 million loan from the Asian Development Bank for the implementation of the ‘Health Care Quality Improvement Programme’. The Armenian government made a corresponding decision on Thursday.

Armenia’s banking system reports a profit of 363 billion drams in 2024

The profit of Armenia's banking system for 2024 amounted to approximately 363 billion drams, according to the Union of Banks of Armenia (UBA).

ARKA News Agency congratulates you on the incoming year 2025!

ARKA News Agency congratulates you on the incoming year 2025!

Unisport club celebrates achievements of Olympic athletes supported in Paris 2024

Unisport Club has concluded its program supporting athletes who participated in the 2024 Summer Olympics in Paris, according to a press release from Unibank.

Armenia Securities Exchange rebrands to Armenia Stock Exchange

The Armenia Securities Exchange has officially changed its name in English to Armenia Stock Exchange.

Asian Development Bank’s support to Armenia reaches $1.8 Billion, says ADB Mission Director

The cumulative financial support provided by the Asian Development Bank (ADB) to Armenia has reached $1.8 billion, according to Don Lambert, Director of the ADB's resident mission in Armenia, in an exclusive interview with the "ARKA" news agency.

Armenia’s financial indicators remain sound, registering marginal changes in capital adequacy and profitability –World Bank

Financial indicators remained sound, registering marginal changes in capital adequacy and profitability, the World Bank's says in its  'Armenia Monthly Economic Update – October 2023.

Russian Central Bank registers new Kwikpay int’l remittance system

The Central Bank of Russia (CBR) has registered the new Kwikpay international remittance system, the regulator said on Monday

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