Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
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.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
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.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
According to the Armenian government's estimates, approximately 30% of medical services will be included in the insurance package under the mandatory health insurance system, Prime Minister Nikol Pashinyan announced at a briefing.
The two-year strategy for the development of the CMTPL sphere, approved in Armenia at the beginning of 2025, is an important step for the development of this market segment, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia, Chairman of the Board of the Auto Insurers Bureau, at an event dedicated to the 15th anniversary of the Bureau.
he volume of insurance premiums in Armenia in 2024 amounted to 73,030.1 million drams, according to the report of the National Statistical Committee of Armenia, titled “Activities of Insurance Companies of Armenia in the Fourth Quarter of 2024.”
Starting from August 1, 2020, the maximum amount of a car insurance compensation claim has increased if the parties involved in the accident register it by themselves by filling in the electronic form of the Agreed Statement and by using the ASWA mobile application, the Car Insurance Bureau said
The Armenian government has extended the deadline for farmers to conclude agricultural insurance contracts by one month until May 15, Anna Ohanyan, spokeswoman for the Ministry of Economy, wrote in a Facebook post.
The ratio of car insurance losses incurred by Armenia-based insurance companies in 2014 May grew by 0.1 percentage point in May from April to 59.1 percent, according to a statement posted today on the official website of Armenia’s Car Insurance Bureau
Armenia’s insurance companies paid nearly 6.8 billion drams in a total of 34,898 mandatory motor insurance compensations in January-August 2013, the website of Motor Insurers’ Bureau of Armenia reports
Armenia’s National Assembly is considering in the first reading a package of amendments to the Law "On mandatory insurance of motorists responsibility " and to the Code of Administrative Offences, which, inter alia, call for abolition of a requirement that car owners must fix car insurance coupons on the windshields from 1 January 2014
Three Armenian insurance companies paid more than AMD 6.2 billion in 2012 on obligatory car insurance policies (67.2% of about AMD 9.2 billion, the total amount of the 2012 insurance market’s compensations), according to the information available on the website of Armenian Car Insurers’ Bureau
Armenia’s insurance companies paid 45,661 compensations totaling about AMD 9.2 billion on obligatory car insurance policies, according to the information available on the website of Armenian Car Insurers’ Bureau
