In July, commercial bank deposits and credit grew 0.3 percent (mom) and 1.2 percent (mom), respectively, respectively, according to the World Bank's "Armenia Monthly Economic Update – September 2025."
From February to June, the Central Bank of Armenia intervened in the foreign exchange market and purchased approximately $750 million to smooth exchange rate fluctuations.
The board of the Central Bank of Armenia kept the policy rate unchanged at 6.75 percent and announced that it expected to gradually lower the refinancing rate to approximately 6.25 percent over the next 12 months.
In July, net non-commercial money transfers continued strong growth, at 42.3 percent (yoy), according to the World Bank's "Armenia Monthly Economic Update – September 2025."
“Mashtots” branch of Unibank has extended working hours. Clients can now access services at the branch from Monday to Friday, between 9:30 AM and 7:00 PM. Branch address: 22/2 Mashtots Avenue, Yerevan.
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.
Annual inflation rose to 3.6 percent in August, up from 3.4 percent in July, according to the World Bank's "Armenia Monthly Economic Update – September 2025."
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.
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 July, commercial bank deposits and credit grew 0.3 percent (mom) and 1.2 percent (mom), respectively, respectively, according to the World Bank's "Armenia Monthly Economic Update – September 2025."
From February to June, the Central Bank of Armenia intervened in the foreign exchange market and purchased approximately $750 million to smooth exchange rate fluctuations.
The board of the Central Bank of Armenia kept the policy rate unchanged at 6.75 percent and announced that it expected to gradually lower the refinancing rate to approximately 6.25 percent over the next 12 months.
In July, net non-commercial money transfers continued strong growth, at 42.3 percent (yoy), according to the World Bank's "Armenia Monthly Economic Update – September 2025."
“Mashtots” branch of Unibank has extended working hours. Clients can now access services at the branch from Monday to Friday, between 9:30 AM and 7:00 PM. Branch address: 22/2 Mashtots Avenue, Yerevan.
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.
Annual inflation rose to 3.6 percent in August, up from 3.4 percent in July, according to the World Bank's "Armenia Monthly Economic Update – September 2025."
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.
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 order to assist thousands of farmers in Armenia’s Armavir province whose crops were destroyed by a powerful hailstorm on May 12 the ACBA-CREDIT AGRICOLE BANK has donated 41 million drams to a special fund set up by the government as part of its efforts to repair the devastation caused to the region’s agriculture
All the clients of ACBA ON-LINE can use this service also for paying their utility bills without visiting the bank, the press office of ACBA-CREDIT AGRICOLE BANK told ARKA News Agency on Friday
ACBA-Credit Agricole Bank’s credit portfolio reached AMD 90.1 billion by late December 2009 against AMD 82.9 billion by the end of 2008, Stepan Gishyan, executive director general of the bank, said Tuesday at a press conference.
ACBA-Credit Agricole Bank’s profit amounted to AMD 4.254 billion in 2009, Stepan Gishyan, executive director general of the bank, said Tuesday at a press conference.
