Tag: Bank

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

In February, commercial bank deposits in Armenia decreased by 0.2%, while lending expanded by 0.9% — World Bank

In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."

Unibank issues USD bonds with a 5.6% yield

Unibank announces a new issue of USD bonds in the amount of 5 million USD.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

Armenia’s banking system is well capitalized and liquid, but the Central Bank should remain vigilant – IMF

The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.

Central Bank of Armenia lowers refinancing rate for the first time since February 2025

At its meeting on December 16, the Board of the Central Bank of Armenia has lowered the refinancing rate by 0.25% to 6.50%.

Acba Bank’s cybersecurity team shared how to protect against cybercriminals

Acba Bank's cybersecurity team presented its solutions for protecting the digital environment from online threats and fraud at the ArmSec 2025 conference.

Commercial bank deposits and credit in Armenia grew 1.9 percent in August- World Bank

In August, commercial bank deposits and credit in Armenia grew 1.9 percent (mom), according to the World Bank's Armenia Monthly Economic Update – October 2025.

Armenian banks initiate collection of data from Russian nationals for  automatic information exchange with Russia

Armenian banks and brokers have started to request information regarding the tax residency of Russians for the automatic exchange of information with Russia.

Central Bank of Armenia has not received applications for new banking licenses

The Central Bank of Armenia has not received applications for new banking licensesб the head of the regulator Martin Galstyan, stated at a press conference on Tuesday in response to a question from the ARKA news agency.

Investigative Committee of Armenia intends to fight bank fraudsters together with  Central Bank

Armenia's Investigative Committee, together with the Central Bank, are set to develop a string of tools and mechanisms that will help prevent fraudsters from stealing citizens' money, the head of the Investigative Committee Artur Poghosyan said today in parliament.