A memorandum of understanding between the Union of Banks of Armenia (UBA) and the Association of Hellenic Banks was signed at the international banking forum entitled "The Future of the Banking System: Sustainable Development and Innovation Prospects."
Due to technical maintenance, the Central Bank of Armenia's Centralized Register of Bank Accounts will be unavailable today, September 25, until 6:00 PM, the Central Bank of Armenia's press service reported.
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are scaling up their support for refugee-led businesses in Armenia while strengthening the country’s broader economic resilience.
Acba Leasing is providing special and preferential conditions for the acquisition of medical equipment for a limited period of three days as part of the MedMeet 2025 medical expo.
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.
At a meeting on Thursday, the Armenian government approved a proposal to sign a €150 million loan agreement with the French Development Agency (AFD) under a budget support program.
Armenian Deputy Prime Minister Mher Grigoryan engaged in talks on Tuesday on the execution of the measures outlined in the IMF's three-year Stand-By Agreement (SBA) with Alexander Timan, the Head of the IMF Armenia Mission, and Umang Ravat, the IMF's Permanent Representative to Armenia.
Armenia's public debt has increased by $1 billion, stated Armenian Finance Minister Vahe Hovhannisyan, presenting the ratio of this indicator for the first half of this year compared to December of last year.
On Wednesday, the Central Bank of Armenia convened a meeting with a delegation from the IMF mission to Armenia, as reported by the regulator's press service.
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.
A memorandum of understanding between the Union of Banks of Armenia (UBA) and the Association of Hellenic Banks was signed at the international banking forum entitled "The Future of the Banking System: Sustainable Development and Innovation Prospects."
Due to technical maintenance, the Central Bank of Armenia's Centralized Register of Bank Accounts will be unavailable today, September 25, until 6:00 PM, the Central Bank of Armenia's press service reported.
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are scaling up their support for refugee-led businesses in Armenia while strengthening the country’s broader economic resilience.
Acba Leasing is providing special and preferential conditions for the acquisition of medical equipment for a limited period of three days as part of the MedMeet 2025 medical expo.
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.
At a meeting on Thursday, the Armenian government approved a proposal to sign a €150 million loan agreement with the French Development Agency (AFD) under a budget support program.
Armenian Deputy Prime Minister Mher Grigoryan engaged in talks on Tuesday on the execution of the measures outlined in the IMF's three-year Stand-By Agreement (SBA) with Alexander Timan, the Head of the IMF Armenia Mission, and Umang Ravat, the IMF's Permanent Representative to Armenia.
Armenia's public debt has increased by $1 billion, stated Armenian Finance Minister Vahe Hovhannisyan, presenting the ratio of this indicator for the first half of this year compared to December of last year.
On Wednesday, the Central Bank of Armenia convened a meeting with a delegation from the IMF mission to Armenia, as reported by the regulator's press service.
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.
. As of the end of June 2024, Armenian commercial banks issued loans totaling 5,614,439 million AMD, a slight increase from 5,535,504 million AMD at the end of May, a report by the National Statistical Committee revealed on Friday.
The Central Bank of Armenia expects the indicators of Armenia's banking sector to remain quite positive by the end of the year, said CB chairman Martin Galstyan at a press conference on Tuesday
The amount of taxes paid by 16 Armenia-based commercial banks in January-September of 2022 grew by about 5.6 billion drams (13.6%) compared to the same period in 2021, according to the Union of Banks of Armenia (UBA). The amount of direct taxes increased by about 4.8 billion drams or 13.8% to about 39.8 billion drams
The assets of 17 Armenia-based commercial banks exceeded 7.7 trillion drams as of September 30, 2022, having increased by 9.37% compared to the beginning of the year.
As of September 30, 2022, the profit after tax of the 17 Armenia-based commercial banks exceeded AMD 187.7bln, having increased by 193.29% as compared to the same period of the last year
Sixteen Armenia-based commercial banks paid a total of 32.9 billion drams in various taxes in the first half of 2022, by 2.8 billion drams or 9.4% more than in the same time span in 2021, according to the Union of Armenian Banks (UAB)
Banking cards issued by Armenia-based banks were used to make 6,139,854 transactions abroad in the first half of 2022, up 78.2% from the same time span of 2021, according to the Union of Banks of Armenia
In the first quarter of 2022 the total capital of all 17 Armenia-based commercial banks reached about AMD 1.1 trillion, the executive director of the Union of Armenian Banks (UBA) Seyran Sargsyan said today
All Armenia-based commercial banks make sure to strictly comply with all international sanctions, the executive director of the Union of Banks of Armenia (UBA), told a press conference today
All 17 Armenia-based commercial banks paid last year 52.286 billion drams in various taxes, by 3.2 billion drams or 6.5% more than in 2020, while the amount of direct taxes grew by about 1.9 billion drams or 4.4% to 44.732 billion drams, Deputy Executive Director of the Union of Banks of Armenia (UBA) Arman Sargsyan said at a press conference on Wednesday
