A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.
Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.
The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.
Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.
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.
In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».
Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."
Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.
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.
A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.
Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.
The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.
Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.
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.
In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».
Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."
Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.
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.
At a meeting on Thursday, the Armenian government decided to extend the cashback program for non-cash purchases for pensioners and beneficiaries until December 30, 2025.
If you like to pay through Idram when shopping from online stores, or are just going to make your first payment, then this news will definitely make you happy. In the period from October 14 to 28 of this year, make Idram payments in online stores and get great surprises - free delivery or a cashback
ACBA-CREDIT AGRICOLE BANK, the exclusive issuer of American Express cards in Armenia, said today it will be issuing American Express Cashback cards in a new special design and on modified terms
On the eve of the International Students Day, Converse Bank said it is launching another loyalty campaign - the Bank's student cardholders can benefit from the opportunities offered by the announced CashBack campaign
As part of a string of events marking its 25th foundation anniversary, the Yerevan-based Converse Bank announced another promotion offer -"25% cashback." The bank said the offer is a joint initiative with the Argentinean Embassy to Armenia
The Yerevan-based Converse Bank has announced a 25% CashBack for Argentine wines in its partner network as part of “Argentine Wine Week” to be held until April 29
The Yerevan-based VTB Bank (Armenia) has launched today another service- cashback- ‘in order to stimulate non-cash payments’ saying also that the service makes payment for everyday purchases and services not only faster and convenient
