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Tag: Armenia

IMF: Monetary transmission in Armenia remains constrained by dollarization

'Monetary transmission – the way in which central bank interest rate decisions transmit to bank loan and deposit rates and hence influence the lending and saving decisions of consumers and businesses – remains constrained by dollarization and shallow local capital markets. It is thus important to develop Armenian dram capital markets, and the CBA is advancing several initiatives in this regard,', IMF Resident Representative in Armenia, Umang Rawat, said in an interview with the ARKA news agency.

Armenia’s gross reserves increased to $4.6 billion in October, offering 3.7 months of import coverage – WB

Armenia's international gross reserves rose to $4.6 billion in October, which corresponds to 3.7 months of import coverage, as stated in the World Bank's review "Armenia Monthly Economic Update - December 2025".

World Bank identifies factors behind decline in inflation in Armenia in November

In November, annual inflation in Armenia fell to 3.1%, down from 3.7% in October, according to the World Bank's "Armenia Monthly Economic Update – December 2025."

Non-commercial remittances to Armenia grew by 31.2% in October — WB

In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.

Armenian banks must focus on risks characteristic of  21st century – Central Bank governor

The year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.

Armenian parliament ratifies €50 million financing agreement with EIB for Syunik development program

At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.

Armenian parliament approves $250 million loan agreement with Asian Development Bank to address housing needs of Karabakh refugees

At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program. 

The volume of bond issues in Armenia exceeds 700 billion drams- head of  Central Bank

The volume of bonds issued by financial and non-financial institutions in Armenia exceeds 700 billion drams, said Central Bank Chairman Martin Galstyan, responding to a question from the ARKA news agency about capital market development trends in the country.

Several companies will go public in 2026, says Freedom Broker Armenia Director

Several companies will go public on the Armenian Stock Exchange (AMX) in 2026, according to Freedom Broker Armenia Director Hovak Hovakimyan.

Armenia extends program to support bad debtors, allocating $730,000 for this purpose

During a meeting on Thursday, the Armenian government decided to extend the program aimed at boosting the economic activity of those with bad loans.

Acba Bank to allocate $40 million to finance young entrepreneurs

Acba Bank, in partnership with the European Bank for Reconstruction and Development (EBRD), is launching the first targeted financing program designed for businesses founded by young people in Armenia, the bank's press service reported.

Hellobit financial pyramid scheme blocked in Armenia – Ministry of Internal Affairs

The financial pyramid scheme known as Hellobit has been shut down in Armenia, according to the Cyber Police of the Ministry of Internal Affairs.