The Armenian payment and settlement system UBPay has announced a partnership with iSend, a global company that specializes in offering seamless money transfer solutions. This collaboration expands the options available to UBPay customers, providing access to transfers to the United States, Canada, India, Australia, Singapore, and European countries.
Quiet, heartfelt, and melodic: the recording and presentation of the album "Symphonic Lullabies" took place in collaboration with Acba Bank, the Hayastan All-Armenian Fund, and the State Symphony Orchestra of Armenia.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
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.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
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.
The Armenian payment and settlement system UBPay has announced a partnership with iSend, a global company that specializes in offering seamless money transfer solutions. This collaboration expands the options available to UBPay customers, providing access to transfers to the United States, Canada, India, Australia, Singapore, and European countries.
Quiet, heartfelt, and melodic: the recording and presentation of the album "Symphonic Lullabies" took place in collaboration with Acba Bank, the Hayastan All-Armenian Fund, and the State Symphony Orchestra of Armenia.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
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.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
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.
The IDBank is adamant to defend its interests in all judicial instances, the chairman of the bank’s Board Mher Abrahamyan told reporters on Monday in comments on a trial that involves businessman Gevorg Afandyan and the alienation of property of B.M.L Arzni LLC that has been considered by Armenian courts for several years already
Anelik Bank said it has placed the entire amount of USD-denominated bonds of the fifth issue to the tune of $5 million, saying they were acquired by individuals and legal entities in the capital Yerevan and beyond it
Anelik Bank has launched a new campaign – it will provide gold-secured card loans until December 1, 2017 for up to six months at 8% and 9.5% interest rates for loans in foreign currencies and 11% and 12% for loans in drams, the press office of the bank reported on Monday
The Anelik Bank has issued the fifth tranche of USD-denominated registered coupon bonds to the tune of $5 million, with annual yield of 5.75% and circulation period of 24 months. Interests will be paid every 6 months. The minimum package consists of 10 bonds with a nominal value of $100
Anelik Bank is embarking on the second stage of the program of lending for corporate clients with a tender interest rate, the press office of the bank reported on Tuesday
In a comment on a decision of the Central Bank of Russia to revoke the operating license of the Russia-based Anelik Ru Bank, the Armenian Anelik Bank said the Russian bank was founded as its subsidiary bank, but in 2012 it was sold and has not been its part since then
Anelik Bank in Yerevan said it has improved its position in the banking sector of the country and now in terms of key indicators is among the top five banks
Anelik Bank is planning to place bonds at Russian market, Sergey Virabyan, first deputy chairman of the bank's board and corporate business director, told ARKA News Agency on Wednesday
Anelik Bank is the first bank in Armenia to offer a credit product with tender interest rate to corporate businesses, Hayk Tumanyan, chief of the bank's division in charge of development of corporate products, said Wednesday at a news conference
Moody's Investors Service said in a press release that it has assigned B2 long-term and NP short-term local- and foreign-currency deposit ratings, a b2 baseline credit assessment (BCA) and adjusted BCA, as well as a B1(cr) long-term and NP(cr) short-term Counterparty Risk Assessment (CR Assessment) to Armenia's Anelik Bank CJSCo. The long-term deposit ratings carry a stable outlook