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.
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 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.
The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).
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 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
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.
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.
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 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.
The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).
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 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
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 the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
In the consumer market of Armenia, 12-month inflation in April of this year amounted to 3.2%, according to the report of the National Statistical Committee (NSC) of Armenia.
The Armenian government intends to issue a special kind of bonds - inflation linked bonds, Director of the Armenian Stock Exchange Hayk Yeganian told ARKA news agency.
In February of this year, the 12-month inflation in Armenia's consumer market was 2.5%, according to a report by the National Statistical Committee (NSC) of Armenia.
The average annual inflation in Armenia jumped to 8.3% in January– July 2022 from 6.1% a year earlier, reflecting increases of 13.1% for food, 6.4% for other goods, and 3.9% for services, the Asian Development Bank said in its September update of the Asian Development Outlook report
Armenia reported an inflation at 2.7% in March of 2012 from December 2011, and this benchmark is the second among CIS states, according to the CIS Statistical Committee
