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News

Net loan portfolio of Armenian banks increased by 22.66% to 7.7 trillion drams in 2025

The loan portfolio of the Armenian banking system as of December 31, 2025, amounted to 7.7 trillion drams, an increase of 22.66% compared to the fourth quarter of 2024.

Ranking of the most profitable banks in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable commercial banks in Armenia for 2025.

Armenia’s banking sector experienced profit surge of 16% in 2025, reaching 421.3 billion drams

The net profit of Armenia's banking sector for the year 2025 stood at 421.3 billion drams, reflecting a 16.01% increase from 2024.

Armenia to Receive $150 Million Loan from ADB to Finance State Budget Deficit

At a meeting on Thursday, the Armenian government approved a proposal to sign a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Markets Development.

Euro and dollar exchange rates fall against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on January 22, 2026, fell by 0.06 points compared to January 21, to 379.08 drams.

EFSD’s current portfolio in Armenia amounts to $538 million

The Eurasian Fund for Stabilization and Development (EFSD)'s current program portfolio in Armenia amounts to $538 million.

Armenian officials’ asset declarations will be supplemented with information on crypto assets

Armenian officials will be required to include information on crypto assets in their annual asset declarations. This decision was made at a government meeting on Thursday.

VTB (Armenia) launches MIR travel card for convenient payments and money transfers between Russia and Armenia

VTB (Armenia) has launched the MIR Travel multicurrency card, designed for customers who regularly travel to Russia, work, or study there.

Armenia’s Finance Minister isn’t concerned about growing public debt

Armenian Finance Minister Vahe Hovhannisyan isn't concerned about the country's growing public debt.

Euro and US dollar drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram as of January 21, 2026, fell by 0.07 points compared to January 20, to 379.14 drams.

Book by March 31 and get 15% off your FINTECH360 ticket

The FINTECH360 International Conference will be held in Yerevan, with an exclusive offer for early birds: book your ticket by March 31 and receive a 15% discount.

Armenia’s public debt will be close to 48.7% of GDP by the end of 2025 – Hovhannisyan

Armenia's public debt-to-GDP ratio will be close to 48.7% by the end of 2025, stated Finance Minister Vahe Hovhannisyan.

Risk premium on Armenian Eurobonds decreased to 196 basis points: Finance Minister

Armenian Finance Minister Vahe Hovhannisyan announced a reduction in the risk premium on Armenian Eurobonds.

In Armenia, old-issue banknotes to be exchanged free of charge

After April 15, 2026, citizens of Armenia will be able to exchange all second-generation banknotes free of charge at commercial banks operating in the Armenia and at the Central Bank, the regulator's press service reported. Until April 15, 2026, old-issue banknotes will be considered legal tender

Euro, U.S. dollar, and Russian ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram as of January 19, 2026, fell by 1.1 points compared to January 16, to 378.89 drams.

Armenia’s total public debt at the end of 2025 stood at $14.5 billion, up 13.1%

As of December 31, 2025, Armenia's total public debt was recorded at $14,531.3 million, an increase from $12,842.2 million on December 31, 2024, according to data from the Ministry of Finance. This marks a 13.1% rise over the year.

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