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.
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.
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 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.
In August, commercial bank deposits and credit in Armenia grew 1.9 percent (mom), according to the World Bank's Armenia Monthly Economic Update – October 2025.
In September, the AMD/USD exchange rate remained stable mom, appreciating 1.2 percent in yoy terms, according to the World Bank's Armenia Monthly Economic Update – October 2025.
Armenia’s Central Bank (CBA) decided to keep the policy rate at 6.75 percent, while signaling a gradually easing cycle, with plans to reduce the refinancing rate to around 6.25 percent over the next 12 months.
In August, net non-commercial money transfers to Armenia continued to recover, rising 29.1 percent (yoy), the World Bank says in its latest Armenia Monthly Economic Update – October 2025 report.
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.
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.
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.
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 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.
In August, commercial bank deposits and credit in Armenia grew 1.9 percent (mom), according to the World Bank's Armenia Monthly Economic Update – October 2025.
In September, the AMD/USD exchange rate remained stable mom, appreciating 1.2 percent in yoy terms, according to the World Bank's Armenia Monthly Economic Update – October 2025.
Armenia’s Central Bank (CBA) decided to keep the policy rate at 6.75 percent, while signaling a gradually easing cycle, with plans to reduce the refinancing rate to around 6.25 percent over the next 12 months.
In August, net non-commercial money transfers to Armenia continued to recover, rising 29.1 percent (yoy), the World Bank says in its latest Armenia Monthly Economic Update – October 2025 report.
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.
Acba Leasing is providing special and preferential conditions for the acquisition of medical equipment for a limited period of three days as part of the MedMeet 2025 medical expo.
Acba Leasing and its partners presented special and exclusive offers to all visitors of the Leasing Expo 2025 exhibition, held in partnership with Acba Leasing, over the course of three days, from April 18 to 20, according to Acba Bank’s press service.
Acba Leasing proudly stands as the leading force in Armenia's leasing market and is excited to announce its role as the Main Partner for Leasing Expo 2025. During this exhibition, Acba Leasing will showcase outstanding offers from the leasing market.
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.
A strong exchange rate has reduced banks' currency-induced credit risk, with loan dollarization levels falling to 34% by Aug. 31, 2023, from 45% at end-2021, , according to S&P’s Global Banks Outlook 2024 titled "Forewarned is forearmed
Some 36bln drams of personal income tax were refunded to 29,000 mortgage borrowers in Armenia in 2022, the State Revenue Committee said in a report on its performance in 2022
To assist business entities to reequip their equipment Acba Leasing offers purchase of necessary tools on leasing under a government assistance program at actual interest rates starting at 0.63%, the press-service of Acba Bank reported. It said the special offer is valid until December 31, 2022
By a vote of 65 the Armenian parliament on Thursday ratified a Eurasian Economic Union’s Agreement on the Procedure of Transferring Information Included in Credit Histories
Top managers of Acba Leasing and the EBRD Green Economy Financing Facility (GEFF) in Armenia organized a meeting for businessmen to tell them how to invest their money properly, how to take advantage of government subsidy programs to manage their own economy more wisely with fewer resources, but with greater results, the press service of Acba Leasing said
Armenia's first specialized leasing company - ACBA Leasing - was founded 18 years ago. Initially, its staff consisted only of employees of Acba Bank, later the staff expanded and grew, the company's press service said today
The Management Board of the Central Bank of Armenia (CBA) said today it has invalidated the license that was awarded to Nor Horizon universal credit organization
The AMD denominated coupon bonds issued by FINCA UCO CJSC and underwritten by ARARATBANK OJSC on February 14, 2022, will be listed on the Armenia Securities Exchange on March 9, 2002
