Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship.
According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.
The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.
Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.
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.
On August 8, 2025, the law "On Amendments and Additions to the Law "On Combating Money Laundering and Terrorist Financing" will come into force in Armenia.
Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
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.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship.
According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.
The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.
Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.
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.
On August 8, 2025, the law "On Amendments and Additions to the Law "On Combating Money Laundering and Terrorist Financing" will come into force in Armenia.
Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
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.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
he volume of insurance premiums in Armenia in 2024 amounted to 73,030.1 million drams, according to the report of the National Statistical Committee of Armenia, titled “Activities of Insurance Companies of Armenia in the Fourth Quarter of 2024.”
The Federation Council of the Russian Federation approved a law granting the board of directors of the Bank of Russia the right to determine on an annual basis the list of types of foreign currencies that can be contributed to pay for the authorized capital of credit organizations, insurance organizations and non-state pension funds (NPF), TASS reports.
The Central Bank of Armenia warns motorists against a new type of fraud, saying in a statement that after looking into a set of reports and notifications of citizens, it has been found that recently there has been an increase in cases when unknown persons present themselves as employees of insurance companies and offer to conclude compulsory motor third-party liability insurance (CMTPL) contracts remotely.
Armenia's Ministry of Economy, which oversees also the agricultural sector, urged today farmers to insure their crops against hail and drought risks for 2024.
The volume of insurance premiums in Armenia in 2023 amounted to about 73.3 billion drams, up from 62.3 billion drams in 2022, according to. the National Statistical Committee
Armenia's national currency, the dram, continued to depreciate gradually against the USD, the World Bank says in its ‘Armenia Monthly Economic Update – January 2024
Armenian authorities are considering the possibility of assisting citizens in purchasing medicines within the framework of the medical insurance system, Armenian Prime Minister Nikol Pashinyan said, answering the questions of Armenian residents and representatives of the Diaspora online
Armenian lawyers are opposing a set of amendments to the laws "On Banking Secrecy" and "On Insurance and Insurance Activities" proposed by the State Revenue Committee (SRC).
More than 11 thousand hectares of agricultural lands in Armenia have already been insured against four types of losses due to adverse events, said Ira Panosyan, the head of Agricultural Programs Development Department at the Ministry of Economy
The Armenian government on Thursday approved a draft law on ratification of the Agreement on Establishment of Eurasian Reinsurance Company, signed on October 20, 2022 in Yerevan
Armenian farmers growing 13 types of crops: grapes, apricot, peach, plum, cherry, sweet cherry, watermelon, melon, apples, potato, as well as wheat and barley can insure their future crops against late spring frost, drought, hail and fire, the Ministry of Economy said on Monday
