The Armenian payment and settlement system UBPay has announced a partnership with iSend, a global company that specializes in offering seamless money transfer solutions. This collaboration expands the options available to UBPay customers, providing access to transfers to the United States, Canada, India, Australia, Singapore, and European countries.
Quiet, heartfelt, and melodic: the recording and presentation of the album "Symphonic Lullabies" took place in collaboration with Acba Bank, the Hayastan All-Armenian Fund, and the State Symphony Orchestra of Armenia.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced 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.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
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.
The Armenian payment and settlement system UBPay has announced a partnership with iSend, a global company that specializes in offering seamless money transfer solutions. This collaboration expands the options available to UBPay customers, providing access to transfers to the United States, Canada, India, Australia, Singapore, and European countries.
Quiet, heartfelt, and melodic: the recording and presentation of the album "Symphonic Lullabies" took place in collaboration with Acba Bank, the Hayastan All-Armenian Fund, and the State Symphony Orchestra of Armenia.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced 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.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The universal cashback system developed in Armenia for cashless payments is planned to launch on January 1, 2026, Finance Minister Vahe Hovhannisyan announced during a parliamentary discussion of the 2026 draft state budget.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
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
