From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.
The Board of the Central Bank of Armenia has set maximum fees for certain business entities for non-cash payments, in particular, card payments made through physical POS terminals.
Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.
At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.
Taxpayers will receive 409 billion drams in refunds in 2025, a 4.2% increase compared to 2024, Eduard Hakobyan, Chairman of State Revenue Committee, announced at a press conference on the 2025 results.
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.
Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.
The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.
Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.
In January 2026, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback for non-cash payments, announced Minister of Labor and Social Affairs Arsen Torosyan.
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.
From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.
The Board of the Central Bank of Armenia has set maximum fees for certain business entities for non-cash payments, in particular, card payments made through physical POS terminals.
Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.
At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.
Taxpayers will receive 409 billion drams in refunds in 2025, a 4.2% increase compared to 2024, Eduard Hakobyan, Chairman of State Revenue Committee, announced at a press conference on the 2025 results.
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.
Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.
The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.
Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.
In January 2026, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback for non-cash payments, announced Minister of Labor and Social Affairs Arsen Torosyan.
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.
The total capital of 17 Armenia-based commercial banks in the first quarter of 2021 stood at 913 billion drams, Executive Director of the Union of Banks of Armenia Seyran Sargsyan said at a press conference on Wednesday
The list of Armenia's 1000 largest corporate taxpayers in the first quarter of 2021 includes all 17 Armenia-based commercial banks, which paid over 12.149 billion drams in various taxes, according to the numbers, released by the State Revenue Committee (SRC)
Armenia's banking sector was quick to respond to the situation caused by the spread of coronavirus, Mher Abrahamyan, Chairman of the Union of Banks of Armenia, said today
The total capital of Armenia-based commercial banks grew by 73 billion drams or 9.5% in 2019 from the previous year to 844.8 billion drams, Seyran Sargsyan, the executive director of the Union of Banks of Armenia told reporters on Friday
The total capital of 17 Armenia-based commercial banks in the first 9 months of 2019 increased by 6.2% or 47 billion drams amounting to 818.6 billion drams
Seventeen Armenia-based commercial banks earned a total of 60.9 billion drams in profit in the first nine months of 2019, the chairman of the Union of Banks of Armenia Mher Abrahamyan told reporters on Wednesday
In the first 9 months of 2019 Armenia-based commercial banks reported growth in all major indicators, according to their reports, published in accordance with International Financial Reporting Standards (IFRS)
Aggregate deposits at Armenian commercial banks amounted to AMD 2 434 1 billion in late April 2017 after growing 0.8% over one month, the National Statistical Service reports
Armenia’s commercial banks bought around $101.3 million from the local foreign currency market on January 23 to 27 at the average weighted exchange rate of 485.74 drams per one USD, the Central Bank of Armenia reported on Monday
