Wed, 22 January
-7.9 C
Yerevan
USD: 398.84 RUB: 4.00 EUR: 412.80 GEL: 139.95 GBP: 488.34
spot_img
type here...

Economy

Central Bank of Armenia lowers refinancing rate to 7.50% in 11th consecutive cut

admin -
On September 10, the Central Bank of Armenia (CBA) reduced its refinancing rate by 0.25 percentage points, setting it at 7.50%, according to a statement from the regulator.

Armenian broker Invia Investments to provide access to trading on ITS

admin -
Armenian broker Invia Investments has obtained a license from the Astana International Financial Centre (AIFC) and completed all necessary procedures to connect to the international trading platform ITS.

S&P reaffirms Armenia’s sovereign credit ratings with stable outlook

admin -
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.

S&P forecasts 1.6% inflation for Armenia, predicts continued easing of monetary policy

admin -
International credit rating agency S&P Global Ratings has forecasted an average inflation rate of 1.6% for the year, reflecting a broader increase in price pressures.

Armenia to implement changes in income tax refund for mortgage interest starting January 2025

admin -
Starting January 1, 2025, Armenia will introduce legislative changes affecting the refund of income tax on mortgage interest payments, the State Revenue Committee of Armenia announced on Wednesday.

Armenia’s national debt reaches $12.157bn

admin -
As of June 30, 2024, Armenia's total national debt stood at $12,157.2 million, marking an increase of $54.441 million from May 31, 2024, according to a report by the National Statistical Committee of Armenia.

Average yearly Armenian dram exchange rate to stand at 396 AMD to $1

The average annual exchange rate of the dram to the US dollar is projected at 396 in 2024, a macroeconomic forecast by the Eurasian Development Bank revealed on Monday.

EDB: Armenia’s inflation to stand at 1.5% in 2024

Inflation in Armenia is projected at 1.5% year-on-year by the end of 2024, a macroeconomic forecast by the Eurasian Development Bank revealed on Monday.

Freedom Holding Corp. reports record financial performance for fiscal year 2024

International financial holding Freedom Holding Corp. (NASDAQ: FRHC) that includes Freedom Broker Armenia has summarized the results of the fiscal year that ended on March 31, 2024.

Armenia and Czech Republic consider possibilities of expanding cooperation in financial sphere

Armenian Finance Minister Vahe Hovhannisyan held a meeting with Czech Finance Minister Zbynek Stanjura, the Armenian  Ministry of Finance reported.  

Potential ‘overheating’ of prices in Armenia’s real estate market may reach 30% – Head of Central Bank

In case of a bad scenario, the potential ‘overheating’ of prices in Armenia's real estate market may reach 30%, Central Bank Chairman Martin Galstyan said at a press conference today.

Armenia’s Finance Ministry opens account to collect donations for flood-stricken areas

Armenia’s Ministry of Finance opened a treasury account to collect donations for the flood-stricken areas of the country, the Ministry announced on Monday.

Armenia’s state debt exceeded8% of GDP in 2023 – Finance Ministry

Armenia's state debt in 2023 amounted to 48.1% of GDP, Finance Minister Vahe Hovhannisyan said today.

WB Regional Director names conditions for Armenia’s inclusive economic growth

Armenian Deputy Prime Minister Mher Grigoryan received on Wednesday a delegation led by World Bank Regional Director for Europe and Central Asia Asad Alam, the government press service reported.

OVIO officially launches largest and most powerful Data Processing Center in Armenia

OVIO company held the official opening ceremony of the largest and most powerful Data Processing Center in Armenia.

Armenia to receive €92.3m loan and $16m grant from WB to fight climate change

Armenia and the International Bank for Reconstruction and Development (IBRD - a division of the World Bank) signed an agreement on 24 May on financing the second operation of the Green, Sustainable and Inclusive Development Policy", the press service of the Ministry of Finance reported.
Load more

LATEST NEWS

spot_img
spot_img
spot_img

ArmBanks.am - ARKA News Agency financial-banking portal
The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.

Sections

Latist news

US dollar, euro and ruble rise in Armenia for the second day in a row

0
The average market exchange rate of the US dollar to the Armenian dram as of January 21, 2024, amounted to 398.84 drams, increasing by 0.2 points compared to January 20.

Pashinyan holds meeting on regulation of crypto-assets

0
Armenian Prime Minister Nikol Pashinyan chaired a meeting to discuss a draft law designed to regulate the field of crypto-assets.

EDB: Armenia increasingly likely to complete tcycle of refinancing rate cuts in first quarter

0
The Eurasian Development Bank (EDB) forecasts a further acceleration in price growth in the coming months, with inflation expected to align closely with the target of the Central Bank of Armenia (3% ±1%).

Unibank opens new branch in Malatya-Sebastia district of Yerevan

0
Unibank's branch ‘Zoravar Andranik’ has started servicing clients, the bank's press service reported.

Subscribe to the newsletter

By subscribing to the newsletter, you agree to the service rules and the terms of storage and use of your data.

Subscribe to the newsletter

© 1996-2025 ARKA News Agency. All rights reserved