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Banks

Armen Ktoyan elected as new member of Central Bank of Armenia Board

The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.

Converse Bank’s CFO Highlights the Bank’s Resilient Growth and Management Practices at the BACEE Conference

Grant Akopian, Chief Financial Officer and Deputy Chief Executive Officer of Converse Bank, and a member of the Board of Trustees of BACEE, took part as a keynote speaker in the panel discussion “Regional Bank Executives Roundtable (CEE/SEE/Caucasus/Central Asia): Key to Success,” held as part of BACEE’s 50th Anniversary Conference.

Central Bank of Armenia is introducing Armenian Standard Derivatives Agreement (ASDA)

The Central Bank of Armenia, with technical support from the European Bank for Reconstruction and Development (EBRD) and financial support from the Government of Japan, is implementing the Armenian Standard Derivatives Agreement (ASDA), which is governed by Armenian law and complies with international standards.

Converse Bank and Asia Alliance Bank Launch Strategic Partnership

Converse Bank (Armenia) and Asia Alliance Bank (Uzbekistan) have officially launched a strategic partnership. On October 21, in Vienna, the parties signed two key agreements: one on the opening and management of international correspondent accounts, and another on cooperation in foreign exchange and money markets.

Central Bank of Armenia: Cybersecurity standards in banks comparable to global ones

The Central Bank of Armenia's cybersecurity standards are on par with those of developed central banks worldwide and has been successfully implementing international security standards for nearly two decades.

Central Bank of Armenia: Banks choose between security and customer convenience

Armenian banks face a dilemma when developing digital services: they must choose between system security and customer convenience.

The main mistake cyber fraud victims make in Armenia is providing credit card information – Central Bank

The most common mistake bank customers in Armenia make, which results in them becoming victims of fraud, is providing credit card information.

Converse Bank Receives BACEE Award for International Banking Cooperation at 50th Jubilee Conference

Converse Bank has been awarded the BACEE Award for International Banking Co-operation during the 50th Jubilee Conference of the Banking Association for Central and Eastern Europe (BACEE).

The Central Bank of Armenia has warned about viral and fake phishing emails being sent in its name

The Central Bank of Armenia is warning that phishing emails with attached files are being sent in the name of the Central Bank from a number of fake email addresses, including Tickets@t kt.am.

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’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).

Mortgage agreements in Armenia can be registered without notarization

In Armenia, it will be  possible to submit mortgage agreements for state title registration without notarization.

Lake Sevan undergoing  cleanup to remove plastic: gathered waste will be recycled (VIDEO)

In alignment with the "Clean Future for Lake Sevan" initiative, Acba Bank, in collaboration with the Armenian branch of the German Nature and Biodiversity Conservation Union (NABU), has undertaken efforts to clear one of the lake's shores of plastic and debris.

CaseKey team heads to Germany for prestigious business case competition

From October 14-19, the collective team of the CaseKey project will take part in a business case competition organized by the Case Club of the University of M?nster.

Pashinyan discussed new opportunities to improve investment climate in Armenia with EBRD President

Within the framework of the second international conference "Global Gateway" in Brussels, Armenian Prime Minister Nikol Pashinyan met with the President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso.

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