News

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.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

Central Bank of Armenia’s updated strategy does not include gold in its reserves: Galstyan

The Central Bank of Armenia has reviewed its approach to managing international reserves and decided not to include gold in them, stated Central Bank Chairman Martin Galstyan.

Central Bank of Armenia explained in what cases it intervenes in the foreign exchange market

The Central Bank of Armenia intervenes in the foreign exchange market when the market becomes one-sided, stated Central Bank Chairman Martin Galstyan.

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

Armenia records an influx of capital and growing interest from international investors – Central Bank head

Armenia is experiencing a significant influx of capital and growing interest from international investors, said Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenian authorities plan to reduce public debt to below 45% of GDP in the coming years: minister

Armenia plans to reduce public debt to below 45% of GDP in the coming years, Finance Minister Vahe Hovhannisyan announced in parliament.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 15, 2026, fell by 0.12 points compared to June 12, to 368.06 drams.

”Teach For Armenia” is the June beneficiary of the ”Power of One Dram”

The May beneficiary of the ''The Power of One Dram'' initiative was the ''Vahe Meliksetyan'' Foundation.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

IDBank issued the 4th and 5th tranches of bonds of 2026

On June 12, 2026, IDBank placed registered coupon bonds through a public offering on the following terms:

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