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.
Bad assets at Armenia's banks will continue growing, Bagrat Asatryan, a former head of the Central bank of Armenia, said in an interview with ARKA News Agency
The share of nonperforming and written-off assets at banks in Armenia reached 8.23% in late June 2015 after growing 0.04 percentage points over that month and 2.05 percentage points since the beginning of this year, the Central Bank of Armenia says on its website
Armenian commercial banks’ average return on assets (ROA) index, showing a company’s efficiency in making profits from its assets, fell to 0.27% in the first quarter of 2015 from 0.91% in late December 2014
The portion of idle and written- off assets rose by 2.14 percentage points to 6.15% in Armenia as of the end of 2014 compared to 2013, the Central Bank reported
Around 380 billion drams or about 18% of Armenia-based commercial banks’ assets are lent to companies engaged in export and import transactions, deputy chairman of the Central Bank of Armenia Nerses Yeritsyan told reporters today
Non-performing assets of Armenian banks as well as assets they have written off from their balance sheets stood at 5.94% in late July, up 0.61 percentage points when compared to late June, the Central Bank of Armenia said today
