Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
The Armenian payment and settlement system UBPay has announced a partnership with iSend, a global company that specializes in offering seamless money transfer solutions. This collaboration expands the options available to UBPay customers, providing access to transfers to the United States, Canada, India, Australia, Singapore, and European countries.
Quiet, heartfelt, and melodic: the recording and presentation of the album "Symphonic Lullabies" took place in collaboration with Acba Bank, the Hayastan All-Armenian Fund, and the State Symphony Orchestra of Armenia.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
The Armenian payment and settlement system UBPay has announced a partnership with iSend, a global company that specializes in offering seamless money transfer solutions. This collaboration expands the options available to UBPay customers, providing access to transfers to the United States, Canada, India, Australia, Singapore, and European countries.
Quiet, heartfelt, and melodic: the recording and presentation of the album "Symphonic Lullabies" took place in collaboration with Acba Bank, the Hayastan All-Armenian Fund, and the State Symphony Orchestra of Armenia.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
The average market exchange rate for the US dollar against the Armenian dram on October 30, 2025, rose by 0.1 points compared to October 29, reaching 382.72 drams.
The average market exchange rate for the US dollar to the Armenian dram on October 29, 2025, fell by 0.16 points compared to October 28, reaching 382.62 drams.
A multitude of so-called "tempting" ads can be found on social media, offering citizens the opportunity to exchange foreign currency, particularly rubles, at a higher rate than at exchange offices.
The average market exchange rate for the US dollar to the Armenian dram on October 28, 2025, increased by 0.08 points compared to October 27, reaching 382.78 drams.
The average market exchange rate for the US dollar against the Armenian dram on October 27, 2025, fell by 0.35 points compared to October 24, reaching 382.7 drams.
The average market exchange rate for the US dollar to the Armenian dram on October 23, 2025, increased by 0.03 points compared to October 22, reaching 382.54 drams.
The average market exchange rate for the US dollar to the Armenian dram on October 22, 2025, fell by 0.02 points compared to October 21, reaching 382.51 drams.
The average market exchange rate for the US dollar against the Armenian dram on October 21, 2025, fell by 0.48 points compared to October 20, reaching 382.53 drams.
The average market exchange rate for the US dollar to the Armenian dram on October 20, 2025, increased by 0.42 points compared to October 17, reaching 383.01 drams.
The average market exchange rate for the US dollar to the Armenian dram on October 15, 2025, decreased by 0.1 points compared to October 14, reaching 382.67 drams.
The average market exchange rate of the US dollar to the Armenian dram on October 13, 2025, decreased by 0.11 points compared to October 10, reaching 382.57 drams.
The average market exchange rate for the US dollar to the Armenian dram on October 10, 2025, rose by 0.13 points compared to October 9, reaching 382.68 drams.
The average market exchange rate for the US dollar against the Armenian dram, based on the results of October 9, 2025, fell by 0.2 points compared to October 8, to 382.55 drams.
The average market exchange rate for the US dollar against the Armenian dram as of October 8, 2025, rose 0.12 points compared to October 7, reaching 382.75 drams.
The average market exchange rate for the US dollar against the Armenian dram on October 7, 2025, increased by 0.05 points compared to October 6, reaching 382.63 drams.
The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of October 6, 2025, fell by 0.18 points compared to October 3, reaching 382.58 drams.
