Banks

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak

The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra have concluded the Symphonic Forest project, launched in Shirak with the goal of planting 20,000 trees.

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

A mechanism for restructuring banks instead of liquidation has been introduced in Armenia

At an extraordinary meeting on Friday, the National Assembly of Armenia adopted the law “On Bank Restructuring” and a number of related laws in the second and final reading.

EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia

The European Bank for Reconstruction and Development (EBRD) is set to launch a new AMD 5 billion floating-rate bond issuance in the Armenian capital market, reaffirming its commitment to supporting the development of local currency financing and deepening Armenia’s financial markets.

Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank

Idram and IDBank conducted a series of three-day financial literacy training sessions for over 460 participants of the AI Camp organized by the FAST Foundation.

Coffee, a Break, and Up to 10% idcoin with Idram&IDBank

Sometimes the best ideas are born not in the office or around the meeting table, but during a break.

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026

How modern fintech solutions are changing consumer behavior, expanding financial opportunities for businesses, and stimulating the economy was the focus of the presentation "When Financial Technology Becomes a Sales Engine," delivered by Grigori Yolyan, Head of the Commercial Partnership Department at IDBank, during Mantashyants Global Business Forum 2026.

Fabrizio Zarcone Takes on Expanded Role as World Bank Group Country Manager for Armenia

Effective today, Fabrizio Zarcone becomes the World Bank Group Country Manager for Armenia, unifying country-level leadership across the institution to better support Armenia's public and private sector needs.

VTB (Armenia) sponsored the Armenian edition of Alexandre Dumas’s celebrated novel “The Three Musketeers”

With the financial support of VTB (Armenia), Newmag Publishing House presented a new edition of Alexandre Dumas's novel "The Three Musketeers."

Artur Nakhshikyan has joined the Supervisory Board of Unibank

Artur Nakhshikyan, Director of Operational Risk Management at the Black Sea Trade and Development Bank, has been elected as an independent member of Unibank’s Supervisory Board.

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

Unibank to Pay AMD 9.3 bln in Dividends to Shareholders

In 2025 Unibank's net profit amounted to AMD 9.8 billion.

VTB (Armenia) reports increased demand for agricultural lending products

VTB (Armenia) is reporting increased demand for its "Fast" loan product, designed for clients operating in the agricultural sector.

Unibank and “Vanq” Charity Fund Support Wheelchair Basketball Exhibition Game in Yerevan

Paralympic gold medalists and U.S. Sports Envoys Rose Hollermann and Steve Serio visited Armenia to conduct a wheelchair basketball masterclass and an exhibition game. Unibank and the “Vanq” Charity Fund jointly sponsored the concluding event held in Yerevan, supporting an initiative that combined sport with a powerful message of determination, resilience, and overcoming barriers. 

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