Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.
The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.
Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.
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 January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».
Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."
Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.
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
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
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.
Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.
The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.
Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.
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 January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».
Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."
Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.
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
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
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 development of domestic capital markets is a priority in the region. This reflects not only the reduction of vulnerability of capital flows but also the necessity to strengthen the resilience of financial markets in general, said the Chairman of the Central Bank of Armenia Martin Galstyan during a webinar based on the materials of the new IMF report titled Regional Economic Outlook: Middle East and Central Asia
As of June 30, 2021, the assets of the pension funds managed by Amundi-ACBA Asset Management, exceeded 212 billion drams, the press service of ACBA Bank reported
In the first nine months of 2019, some 251.8 billion drams (the equivalent of $523 million) were invested in the fixed assets in Armenia, which in constant prices was 4.4% higher than the same indicator of 2018, according to the report on the main socio-economic indicators of the Eurasian Economic Union (EEU) for January-December 2019
Assets of Armenia's banks has grown 17% in 2019 to AMD 5.28 trillion (USD 11.03 billion) from AMD 4.964 trillion (USD 10.3 billion) in 2018, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Monday in an interview with Civilnet
The Central Bank of Armenia has provided figures of the financial situation for the first half of this year. The regulator says in its report that its assets totaled over AMD 1,799,599,671,000 as of June 30, 2019 against AMD 1,806,159,872,000 in late December 2018
The combined assets of 17 commercial banks operating in Armenia amounted to 4.362 trillion drams in 2017, having upped by 6.6 percent from the previous year, according to a ranking of Armenian banks by size of assets compiled by Arka news agency
Unibank in 2017 enjoyed a fast growth in all segments of its activity and built up its assets to more than AMD 200 billion, the bank’s press office reported on Wednesday
Non-performing and written-off assets of Armenian commercial banks grew to 6.73% in late August, according to the Central Bank. Some 6.36% were assets held by Armenian residents, it said
The assets of Armenia’s funded pension system, placed in two private pension funds, doubled last year from 2015 to 63.3 billion drams, according to the Central Bank of Armenia
The aggregate assets of 17 commercial banks operating now in Armenia grew by 16.5% in 2016 to 4.049.8 trillion drams. Similarly, the banks’ lending last year increased by 20.1% to 2.538.5 trillion drams
Armenian Central Bank’s net domestic assets grew by 7.2% in July 2016 from the previous month to about 431.5 billion drams, according to Central Bank’s monthly bulletin for July
