The tax authorities of Russia and Armenia exchange bank account information only upon a specific request, Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan told Radio RBC.
At the exhibition titled "Banks on One Platform," organized by the Union of Banks of Armenia Banks in Syunik, Aсba Bank showcased its programs and financing options available for local small and medium-sized enterprises (SMEs) – including manufacturers, farmers, and individuals, as reported by the bank's press service.
The volume of loans issued by Armenian commercial banks as of the end of September 2025 amounted to 7,497,746 million drams, compared to 7,362,263 million drams at the end of August, according to data from the Statistical Committee of the Republic of Armenia.
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.
In 2025, the participation of foreign investors in Armenia's domestic government debt market saw a substantial rise compared to 2018, hitting 177 billion drams, as reported by Finance Minister Vahe Hovhannisyan.
Armenia's 2026 state budget expenditures will amount to 3.63 trillion drams, revenues to 3.09 trillion drams, and a deficit to 537 billion drams, or 4.5% of GDP, said Finance Minister Vahe Hovhannisyan during a discussion of the 2026 draft state budget in parliament on Wednesday.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
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.
The tax authorities of Russia and Armenia exchange bank account information only upon a specific request, Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan told Radio RBC.
At the exhibition titled "Banks on One Platform," organized by the Union of Banks of Armenia Banks in Syunik, Aсba Bank showcased its programs and financing options available for local small and medium-sized enterprises (SMEs) – including manufacturers, farmers, and individuals, as reported by the bank's press service.
The volume of loans issued by Armenian commercial banks as of the end of September 2025 amounted to 7,497,746 million drams, compared to 7,362,263 million drams at the end of August, according to data from the Statistical Committee of the Republic of Armenia.
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.
In 2025, the participation of foreign investors in Armenia's domestic government debt market saw a substantial rise compared to 2018, hitting 177 billion drams, as reported by Finance Minister Vahe Hovhannisyan.
Armenia's 2026 state budget expenditures will amount to 3.63 trillion drams, revenues to 3.09 trillion drams, and a deficit to 537 billion drams, or 4.5% of GDP, said Finance Minister Vahe Hovhannisyan during a discussion of the 2026 draft state budget in parliament on Wednesday.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
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.
Armenia's banking sector keeps on progressing, taking over new niches. In an exclusive interview with ARKA news agency, Artavazd Sargsyan, the Chairman of the Executive Board of ARMBUSINESSBANK, shares his vision of Armenia's banking sector development, the current trends in the financial market and the new services the bank is planning to unveil in 2020
Starting from December 19, 2017 USD denominated nominal coupon bonds issued by “ARMBUSINESSBANK” CJSC will be listed on NASDAQ OMX Armenia and included in the bonds' secondary (Bbond) list, the stock exchange said
Starting from February 17, 2017 nominal coupon bonds issued by “ARMBUSINESSBANK” CJSC will be admitted to trading on NASDAQ OMX Armenia and included in the bonds free market (C)
Starting from February 10, 2017 nominal coupon bonds issued by “ARMBUSINESSBANK” CJSC will be listed on NASDAQ OMX Armenia and included in the bonds' secondary Bbond list
Armbusinessbank has filled its authorized capital with AMD 8,467,060,000 thanks to shareholder Vitaly Grigoryan, according to the report posted at the bank’s website
Armenian Armbusinessbank Board of Directors has decided to annul all credit obligations of servicemen who were killed in the latest upsurge of violence in Nagorno-Karabakh provoked by Azerbaijan, and also the obligations of their families
The chairman of Armenian Armbusinessbank, Sergei Arzumanyan, is not going to file a complaint with the police in connection with media reports claiming that he was beaten in his office room, the police said today
The chairman of Armbusinessbank Board Sergey Arzumanyan was severely beaten up in his office room Monday evening, Haykakan Zhamanak (Armenian Time) newspaper reports, referring to its own sources
Armenian Armbusinessbank denied allegations at Zhoghovurd newspaper about purchase of its control stock by the head of Control Service of Armenian President Hovhannes Hovsepyan
Armenian Armbusinessbank said it has chosen BPC Banking Technologies, the leading provider of Open System e-payment solutions for the global financial industry, to implement its award winning e-payments solution SmartVista to build an in-house processing center.
