For the fifth time, with the support of Acba Bank, Yerevan is hosting the most anticipated event of the first week of June — the Yerevan Wine Days festival, which tells the world about the unique and thousand-year-old traditions of Armenian winemaking, the bank’s press service reports.
Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-April 2025 amounted to $273.4 million against $327.5 million in January-April 2024, according to the report of the Central Bank of the Republic.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
For the fifth time, with the support of Acba Bank, Yerevan is hosting the most anticipated event of the first week of June — the Yerevan Wine Days festival, which tells the world about the unique and thousand-year-old traditions of Armenian winemaking, the bank’s press service reports.
Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-April 2025 amounted to $273.4 million against $327.5 million in January-April 2024, according to the report of the Central Bank of the Republic.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
Armenian commercial banks purchased more than $78.6mln at a weighted average rate of 414.73drams per $1 in intra-banking foreign exchange market on April 7-11, the press service of the Central Bank reported
The external debt of Armenian commercial banks and credit organizations in the fourth quarter of 2013 was 3.4 percent higher from the same time span in 2012 growing to $1.209.6 billion
Armenian commercial banks purchased more than $77.1mln at a weighted average rate of 411.18drams per $1 in intra-banking foreign exchange market on February 10-14, the press service of the Central Bank reported
Armenian commercial banks purchased more than $89.4mln at a weighted average rate of 406.37drams per $1 in intra-banking foreign exchange market on August 12-16, the press service of the Central Bank reported
Liabilities of Armenia’s commercial banks to banks and other financial institutions exceeded 712.9 billion drams by the end of 2012, an increase of 9.9% or 64.6bln drams over the fourth quarter
Armenian commercial banks purchased over $91.5 million at an average weighted rate of 405.65 drams per $1 from 4 to 8 January in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday
Twenty-one Armenian banks' liabilities to customers in 2012 increased by 18.5%, amounting to 1. 238.6 trillion drams, according to data, which can be found in ARKA news agency’s "Banks of Armenia" bulletin (Performance of Banks of Armenia in the fourth quarter of 2012)
Retained earnings of 21 commercial Armenia-based banks in the first 10 months of 2012 grew by 34.5 percent when compared to the same period in 2011 to 34.1 billion drams
Armenian commercial banks purchased over $91.3mln at weighted average rate of 405.23 drams per $1 at intra-banking market of foreign currency from November 26 to November 30, the press service of Armenia’s Central Bank reported
. Lending to Armenia’s resident economy by the commercial banks rose 0.2% in October from September to over 1 449 billion drams as of 30 October, according to the data published on Central Bank’s website
Deposits to Armenia’s commercial banks totaled over 1175 billion drams at the end of October, which is 0.9% higher from September, according to the data published on the Central Bank’s official website
Armenian commercial banks purchased more than $82.9mln at a weighted average rate of 406.5drams per $1 on the intra-banking foreign exchange market on November 19-23, the press service of the Central Bank reported
