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News

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

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.

From importer to major manufacturer: Electriсa Group produces unique products in Armenia (video)

Cable ducts, metal boxes of various sizes, about forty types of lamps and more than 50 other products-this is the range of products  the Electrika Group company offers to the market with an affordable price-quality ratio, enabling consumers to carry out both large construction projects and individual tasks.

Euro-to-Armenian dram exchange rate is down 0.68 points to AMD 443.29.

As of August 5, 2025, the average market exchange rate of the US dollar to the Armenian dram increased by 0.47 points compared to August 4, amounting to AMD 384.03.

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Central Bank of Armenia keeps refinancing rate at 6.75% for fourth time in a row

On August 5, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

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.

Euro jumps 6.3 points against Armenian dram to 443.97

The average market exchange rate of the US dollar to the Armenian Dram on August 4, 2025, increased by 0.01 points compared to August 1 and amounted to AMD 383.5

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 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.

Armenian Cryptocurrency Assets Forum to be held in Yerevan in August

The Armenian Crypto Assets Forum will be held in Yerevan on August 22, Kilikia Business Club told ARKA news agency.

Armenian Market: Macro statistics indicate a slight strengthening of the economy

From July 14 to July 28, the Armenian stock market demonstrated mixed dynamics.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Armenia’s banking sector profit in H1 2025 increased by 20.51% to AMD 200.7 bln

The net profit of Armenia's banking system for the first 6 months of 2025 exceeded AMD 200.7 billion, increasing by 20.51% compared to the beginning of the current year.

More than 3,500 citizens with bad loans have used support program in Armenia

Out of the 15,000 citizens in Armenia who applied for a government-designed support program, 3,686 with bad loans have received it, said Daniel Azatyan, the head of the Union of Banks of Armenia (UBA), at a press conference today.

Head of the Union of Banks of Armenia names reason for failures of ArCa payment system

The reasons behind the recent failures in the national ArCa payment system are being studied with the involvement of international experts, announced the head of the Union of Banks of Armenia (UBA) Daniel Azatyan.

Agreements signed with over 500 victims of banking fraud in Armenia: obligations frozen until investigation completed

Agreements have been signed with over 500 citizens who have fallen victim to banking fraud in Armenia, said the head of the Union of Banks of Armenia (UBA) Daniel Azatyan.

Banking Forum 2025 to be held in Armenia on September 23-24

Banking Forum 2025 will be held in Armenia on September 23-24, announced by the head of the Union of Banks of Armenia (UBA) Daniel Azatyan.

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