Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
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.
Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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.
Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
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.
Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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.
An average monthly salary in Armenia's finance and insurance sectors notable for the highest-paid jobs slid 1.8% in June 2015, compared with June 2014, to 366,133 drams, the National Statistical Service of Armenia reports
The loss rate of Armenia's insurance companies averaged 51% in June 2015 showing a one-percent month-on-month growth, the Bureau of Car Insurers of Armenia reports at 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 average yield on Armenian Eurobonds in February 2015 rose to 6.63% from 6.33% in January, according to the monthly bulletin of the Central Bank of Armenia for February. The yield in February 2014 was 5.76%, it said
Inflation was 3.2% in Armenia in January-September from a year earlier, as compared to an average of 3.5% in the CIS in the period, the CIS Statistical Committee reported
The Dow Jones industrial average and S&P 500 both closed Thursday with record highs after remarks by Federal Reserve Chairman Ben Bernanke that seem to indicate a continued stimulus
The average annual interest rate on mortgage loans in US dollar issued by Armenian banks in January 2013 decreased by 0.4 percentage points to 12.2%, when compared to 2012 December, the Central Bank of Armenia said in a statement, posted on its official website
Average annual interest rates on AMD consumer loans in Armenia inched up by 0.4 p.p. to 20.2% in November 2012 from October, the Central Bank said Thursday
Armenian commercial banks purchased over $139 million at an average weighted rate of 404.21 drams per $1 from 8 to 11 January in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday
