News

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Byblos Bank Armenia stands with CaseKey for the fourth year running

CaseKey 2026 is launching with unprecedented interest and new opportunities and, for the fourth consecutive year, with the support of Byblos Bank Armenia.

Unibank’s annual general meeting of shareholders will be held today: the bank’s net profit amounted to 9.8 billion drams

On June 22, 2026, the Annual General Meeting of Shareholders of Unibank OJSC will be held.

Institute of Theater and Cinematography has implemented the latest video editing software

A new stage of development has begun at the Yerevan State Institute of Theater and Cinematography.

Euro and dollar exchange rates against the Armenian dram fell slightly, while the ruble rose,: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 19, 2026, fell by 0.04 points compared to June 18, to 368.15 drams.

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

Reverse mortgages for pensioners and new property rights for spouses are being introduced in Armenia

At its session on Thursday, the National Assembly of Armenia adopted in the first reading amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

Armenia to Raise Dividend Tax on Banks Starting in 2027

At its session on Thursday, the National Assembly of Armenia adopted amendments to the Tax Code and the RA Law "On State Duty" in the first reading.

Armenian tomatoes will be exported to Europe

With the support of Acba Leasing, Prom Group purchased 20 brand-new Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe as early as July of this year.

Top Travel Destinations of 2026: IDBank

Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories.

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 17, 2026, fell by 0.15 points compared to June 16, to 368.06 drams.

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

VTB (Armenia): Instant transfers to Russia are becoming increasingly popular

Retail clients of VTB (Armenia) continue to actively use the free transfer service to MIR cards of Russian recipients. Over the past six months, transfer volume has grown by 40%.

”Do not trust your eyes’’: IDBank warns about fraud using deepfakes

A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

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