Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.
The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.
The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.
Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."
The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Armenia's interdepartmental commission will soon present for discussion an action plan to implement MONEYVAL recommendations, said Daniel Azatyan, Chairman of the Union of Banks of Armenia, in response to a question from ARKA news agency.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.
Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
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
Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.
The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.
The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.
Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."
The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Armenia's interdepartmental commission will soon present for discussion an action plan to implement MONEYVAL recommendations, said Daniel Azatyan, Chairman of the Union of Banks of Armenia, in response to a question from ARKA news agency.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.
Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
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
Armenia's Central Bank is collecting data to assess the losses suffered by Armenian business people who invested money in some settlements in Nagorno-Karabakh which were handed over to Azerbaijan after the November 9 statement on cessation of hostilities, signed by the leaders of Armenia, Russia and Azerbaijan, a Central Bank Board member David Nahapetyan, told the parliament today
ACBA Leasing offers individuals and economic entities flexible financial services that make it possible to effectively develop their businesses using a number of tools
Armenian Vice Premier Mher Grigroyan received Tuesday a delegation headed by Georgina Baker, Regional Vice President of the International Finance Corporation (IFC)
The involvement of women in business is an upward trend of the world economy as more and more companies tend to have at least one woman as a top manager
VTB Bank (Armenia) said today it is stepping up lending to small and medium-sized businesses, saying in a press release that entrepreneurs can get a loan from VTB Bank (Armenia)
