A study conducted by the Central Bank of Armenia revealed that companies operating under the brands "DaoBit," "Orbis" (Orbis Exchange), and "GKGD" are making public offersd for attraction of money promising high returns.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank, the European Bank for Reconstruction and Development (EBRD), and IPC Consulting brought together agricultural experts to discuss the impact of climate change on agribusiness and modern solutions to address it. Innovative approaches to increasing the resilience and productivity of agricultural enterprises were presented, according to Acba Bank's press service.
On the eve of International Students’ Day, a group of Yerevan State University students who have received scholarships from Byblos Bank Armenia in recent years met with the Bank’s CEO, Hayk Stepanyan, honoring an annual tradition.
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.
During a meeting held on Thursday, the Armenian government endorsed a draft presidential decree concerning the grant aspect of the $250 million loan agreement established between Armenia and the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program, which was signed on October 30 of this year.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
From January to October 2025, 70.1 billion drams of the planned 72.2 billion drams of Yerevan's budget revenues were actually collected, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
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 study conducted by the Central Bank of Armenia revealed that companies operating under the brands "DaoBit," "Orbis" (Orbis Exchange), and "GKGD" are making public offersd for attraction of money promising high returns.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank, the European Bank for Reconstruction and Development (EBRD), and IPC Consulting brought together agricultural experts to discuss the impact of climate change on agribusiness and modern solutions to address it. Innovative approaches to increasing the resilience and productivity of agricultural enterprises were presented, according to Acba Bank's press service.
On the eve of International Students’ Day, a group of Yerevan State University students who have received scholarships from Byblos Bank Armenia in recent years met with the Bank’s CEO, Hayk Stepanyan, honoring an annual tradition.
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.
During a meeting held on Thursday, the Armenian government endorsed a draft presidential decree concerning the grant aspect of the $250 million loan agreement established between Armenia and the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program, which was signed on October 30 of this year.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
From January to October 2025, 70.1 billion drams of the planned 72.2 billion drams of Yerevan's budget revenues were actually collected, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
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.
The economic pressures resulting from the spread of the coronavirus and the lower oil price are credit negative for banks in Russia and neighbouring markets, and could result in negative rating actions, Fitch Ratings says. Fitch has revised banking sector outlooks to negative for seven of the eight markets it covers in the region - Russia, Ukraine, Kazakhstan, Armenia, Azerbaijan, Belarus and Georgia. The banking sector outlook for Uzbekistan remains stable
Global foreign direct investment (FDI) flows slid by 13% in 2018, to US$1.3 trillion from $1.5 trillion the previous year – the third consecutive annual decline, according to UNCTAD’s World Investment Report 2019
Banks in the Commonwealth of Independent States generally have weaker corporate governance than peers in other regions and this is harming their credit profiles
The outlook for non-financial companies in the Commonwealth of Independent States (CIS) for 2019 is stable, Moody's Investors Service said in its annual outlook on the region
Loan books and deposit bases at banks in Russia and other members of the Commonwealth of Independent States (CIS) will continue to be highly concentrated on a small group of large corporates
A new service launched by the Russian VTB Group enables customers of any Russian bank to make instantaneous money transfers to the banking cards of VTB's subsidiaries
Recent data indicate that, despite the economic contraction observed in the Eurasian Economic Union (EEU) member countries in 2016, their mutual investments have already started growing
Armenia’s National Assembly ratified Wednesday an agreement on cooperation with the integrated foreign exchange market of the Commonwealth of Independent States
The payment systems of CIS (Commonwealth of Independent States) member countries are ready for further integration, the Central Bank of Armenia said today following a meeting of heads and representatives of national banks and payment systems from the CIS member states in Yerevan
