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.
All 17 commercial banks operating in Armenia from January to September 2025 were listed among the 1,000 largest taxpayers for the period, having contributed 131.2 billion drams to the state budget. This information is based on data released by the State Revenue Committee of Armenia.
Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.
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.
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.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
With the support of Acba Bank, the sole greenhouse farm in the area is being developed in the village of Nor Yedesia, located in the Aragatsotn region with all technological operations managed by artificial intelligence, reported the bank's press service.
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 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.
All 17 commercial banks operating in Armenia from January to September 2025 were listed among the 1,000 largest taxpayers for the period, having contributed 131.2 billion drams to the state budget. This information is based on data released by the State Revenue Committee of Armenia.
Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.
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.
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.
The Armenian authorities are considering introducing a universal cashback system for citizens on cashless payments, announced Prime Minister Nikol Pashinyan.
With the support of Acba Bank, the sole greenhouse farm in the area is being developed in the village of Nor Yedesia, located in the Aragatsotn region with all technological operations managed by artificial intelligence, reported the bank's press service.
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.
IDBank, purposefully continuing the active development of digital banking culture, launched the Visa Digital card. Now the client can get a full-fledged virtual bank card Visa Digital through the Idram&IDBank mobile application, IDBanking.am and Idram digital platforms, without visiting the office, which becomes even more convenient due to the possibility of obtaining a credit line
UnionPay International (UPI), a wholly-owned subsidiary of Chinese payment firm UnionPay, has partnered with ACBA- CREDIT AGRICOLE BANK to enable card acceptance in Armenia for the first time
Card-to-card money transfers are becoming increasingly popular with the clients of VTB Bank (Armenia). The Russian-owned bank said in a press release that the service was launched one year ago and is now available at its 157 ATMs across the country
Unistream bank cardholders can now get paid back for everyday purchases thus saving money on their RUR-currency cards, the bank’s press office reported on Tuesday
ACBA-CREDIT AGRICOLE BANK, one of the first partners of Russia’s payment system MIR, has issued ArCa-MIR new chip card, the press office of the bank reports
All types of plastic cards were used in Armenia to make 340.1 billion drams worth transactions in the first half of 2016, the Central Bank reported today adding also that the amount represented a 6.3% decline when compared to the same period of 2015
VTB Bank (Armenia) and ArmenTel telecom operator (trading as Beeline) have announced the issuance of a new co-branded banking card, designed to accelerate and simplify the process of obtaining credit lines, the bank's press service reported today
Plastic cards issued by Armenian commercial banks were used outside the country to make about 8 billion drams worth transactions in 2015 July, an almost 30% rise from the previous month, according to Central Bank’s bulletin. The number of transactions grew by 12.3 percent to 157,700
Some 2,308,083 transactions totaling AMD 108.6 billion were made in Armenia by using payment cards issued by Armenian and foreign banks in March 2015, the Central Bank of Armenia reports in a fresh issue of its monthly bulletin
Total volume of all card transactions in Armenia amounted to 1,274.8 billion drams in 2014, an increase of 26.2% compared to the year before, the website of the Central Bank of Armenia reports
Areximbank – Gazprombank Group CJSC started issuing and serving proximity cards with VisapayWave technology, the press office of the bank reported on Monday
