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.
Given significant uncertainty, the Central Bank of Armenia should continue to closely monitor economic trends and inflation expectations and be prepared to adjust the refinancing rate if necessary, the IMF said in a statement following the visit of the Fund mission, led by Alexander Timan, to Yerevan from September 17-30.
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.
Given significant uncertainty, the Central Bank of Armenia should continue to closely monitor economic trends and inflation expectations and be prepared to adjust the refinancing rate if necessary, the IMF said in a statement following the visit of the Fund mission, led by Alexander Timan, to Yerevan from September 17-30.
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.
In its weekly macroeconomic review, the Eurasian Development Bank (EDB) has maintained its forecast for consumer price growth in Armenia, indicating that it will remain within the target range set by the Central Bank for this year.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
The Eurasian Development Bank (EDB) expects Armenian Central Bank to end the refinancing rate cuts in the first half of 2025 as inflation approaches the target range.
The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).
Individual money transfers to Armenia, Kazakhstan, Kyrgyzstan and Uzbekistan in 2022 amounted to $26.5bn, which is 1.9 times higher than in 2021, according to the Eurasian Development Bank's (EDB) estimates
Interest rates on consumer and business loans provided by Armenian banks have not risen noticeably, Martin Galstyan, chairman of the Central Bank, told a Tuesday press conference
The Eurasian Economic Union (EEU) is in a position now to create a regional settlement currency, including a blockchain-based currency, Eurasian Development Bank (EDB) board chairman Andrei Belyaninov said at a Eurasian Media Congress in Almaty, Kazakhstan, on Thursday
