Acba bank, American Express' licensee in Armenia, launches the new American Express Gold Debit Card, offering exclusive benefits in travel and for everyday spend*.
Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.
In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.
The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand, stated the head of the bank, Martin Galstyan.
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.
Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.
In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.
In December 2025, Armenia's inflation increased to 3.3 percent (yoy) from 3.1 percent (yoy) in November, according to World Bank's Armenia Monthly Economic Update – January 2026.
In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'
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.
Acba bank, American Express' licensee in Armenia, launches the new American Express Gold Debit Card, offering exclusive benefits in travel and for everyday spend*.
Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.
In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.
The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand, stated the head of the bank, Martin Galstyan.
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.
Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.
In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.
In December 2025, Armenia's inflation increased to 3.3 percent (yoy) from 3.1 percent (yoy) in November, according to World Bank's Armenia Monthly Economic Update – January 2026.
In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'
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.
Prime Minister Nikol Pashinyan took part December 27 in a reception organized at the Central Bank on the occasion of the New Year and Christmas. Nikol Pashinyan congratulated the personnel of the Central Bank and the banking sector of Armenia on the coming holidays, wishing them success and all the best
The share of non-performing loans in Armenia's banking system may increase from 6.7% to 10%, Chairman of the Central Bank of Armenia Martin Galstyan said at a press conference on Tuesday
Macroeconomic analysis shows that the impact of the coronavirus pandemic on Armenia's banking sector was not as strong as expected, and the system itself turned out to be stable, Araratbank Board Chairman Grigor Hovhannisyan told reporters yesterday
The total capital of the banking system of Armenia for the first quarter of 2020 increased 2.1% to 862 billion drams, Seyran Sargsyan, executive director of the Union of Banks of Armenia, told reporters at an online press conference on Tuesday
Armenian Prime Minister Nikol Pashinyan and President of Artsakh Arayik Haroutunyan met today in Stepanakert with representatives of Armenia’s and Artsakh’s banking systems, the press office of the Armenian government reports
Armenia's banking system is one of the most stable in the region thanks to stringent regulatory standards, Mher Abrahamyan, Chairman of the Union of Banks of Armenia (SBA) said on may 14
The Central Bank of Armenia, reacting to some people’s concern over the country’s banking system, issued a statement on Wednesday urging people not to spread disinformation about the state of the banking system
Armenia's banking system is sufficiently capitalized and able to withstand more severe scenarios of possible currency upheavals, Central Bank chairman Artur Javadyan said on Tuesday
Private transfers to Armenia through the country’s banking system amounted to about $164.2 million in June, an increase of 2% compared to the same period of 2013, the Central Bank of Armenia says on its website
A Central Bank of Armenia Board member Armenak Darbinyan praised today the country’s banking system describing it as ‘one of the most stable financial systems in the region’, adding also that this should be advertised vigorously among citizens
