Central Bank of Armenia Chairman Martin Galstyan didn't rule out an increase in loan interest rates in the country if the monetary policy tightening cycle continues.
The decision of the Board of the Central Bank of Armenia to raise the refinancing rate was primarily due to excessive demand factors, Central Bank Governor Martin Galstyan stated in response to a question from ARKA news agency.
YEREVAN, August 10. /ARKA/. As of June 30, 2026, the total loan investment and leasing portfolio of Armenian credit institutions reached 681.8 billion drams, reflecting a 1.64% increase from the previous quarter and a 3.23% rise since the start of the year.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."
Food and non-alcoholic beverage prices account for 57% of inflation, despite a slowdown in their growth rate from 8.6% in June to 6.4% in August, according to the World Bank's Armenia "Monthly Economic Update – September 2026."
Armenia's public debt as of June 30, 2026, amounted to 5.12 trillion drams, compared to 5.30 trillion drams as of December 31, 2025, announced RA Finance Minister Vahe Hovhannisyan.
Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
Central Bank of Armenia Chairman Martin Galstyan didn't rule out an increase in loan interest rates in the country if the monetary policy tightening cycle continues.
The decision of the Board of the Central Bank of Armenia to raise the refinancing rate was primarily due to excessive demand factors, Central Bank Governor Martin Galstyan stated in response to a question from ARKA news agency.
YEREVAN, August 10. /ARKA/. As of June 30, 2026, the total loan investment and leasing portfolio of Armenian credit institutions reached 681.8 billion drams, reflecting a 1.64% increase from the previous quarter and a 3.23% rise since the start of the year.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."
Food and non-alcoholic beverage prices account for 57% of inflation, despite a slowdown in their growth rate from 8.6% in June to 6.4% in August, according to the World Bank's Armenia "Monthly Economic Update – September 2026."
Armenia's public debt as of June 30, 2026, amounted to 5.12 trillion drams, compared to 5.30 trillion drams as of December 31, 2025, announced RA Finance Minister Vahe Hovhannisyan.
Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
On October 13, 2021 the Central Bank of Armenia has put into circulation a silver collector coin dedicated to the 150th anniversary of Alexander Spendiaryan’s birth
An international festival of intellectual games “Unibank Cup” will take place in Yerevan on 10-12th September, 2021. The event is timed to the 20th anniversary of Unibank OJSC, acting as the general sponsor of the event
On the occasion of the 97th birth anniversary of the great Armenian Charles Aznavour, Newmag and Amundi-Acba presented the first and only literary work by the chansonnier - a collection of short stories 'Mon Père, ce géant ' (My Father, this Giant) in the Armenian language, Acba bank reported
Armenian performances have been organized in Tbilisi, Georgia, since the 1820s. The Armenian theater as a professional structure was founded in 1858 and became a direct successor of the best traditions of the Eastern Armenian theater, undertaking the creation of a new Armenian theatrical art, Armenia's Central Bank said today in a press release
Converse Bank is launching a new deposit “Converse 25” on the occasion of the Bank's 25th anniversary. This is a unique type of deposit in the banking system; in case of its early termination, depositors are not deprived of the accrued interest amount, the bank said in a press release
Dear friends, on May 1, ARKA news agency will celebrate its 20th anniversary. After two decades of operation ARKA has become an integral part of the Armenian journalism landscape
