Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.
The Eurasian Development Bank's (EDB) total investments in Armenia for 2022-2025 (actual volume) amounted to $380 million, announced Yaroslav Mandron, Deputy Chairman of the EDB Management Board.
The year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
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 November, annual inflation in Armenia fell to 3.1%, down from 3.7% in October, according to the World Bank's "Armenia Monthly Economic Update – December 2025."
In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.
Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."
Armenian Minister of Labor and Social Affairs Arsen Torosyan denied rumors that welfare recipients and pensioners will be prohibited from withdrawing cash starting January 1, 2026, calling them a "blatant lie."
Armenia's total public debt as of October 31, 2025, amounted to $14,173.212 million, a decrease of $22.676 million compared to September 30, 2025. This is stated in a report by the Statistical Committee of Armenia.
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.
Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.
The Eurasian Development Bank's (EDB) total investments in Armenia for 2022-2025 (actual volume) amounted to $380 million, announced Yaroslav Mandron, Deputy Chairman of the EDB Management Board.
The year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
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 November, annual inflation in Armenia fell to 3.1%, down from 3.7% in October, according to the World Bank's "Armenia Monthly Economic Update – December 2025."
In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.
Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."
Armenian Minister of Labor and Social Affairs Arsen Torosyan denied rumors that welfare recipients and pensioners will be prohibited from withdrawing cash starting January 1, 2026, calling them a "blatant lie."
Armenia's total public debt as of October 31, 2025, amounted to $14,173.212 million, a decrease of $22.676 million compared to September 30, 2025. This is stated in a report by the Statistical Committee of Armenia.
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 the anniversary BACEE Conference, Converse Bank CEO Andranik Grigoryan delivered a presentation titled “Connected, Convenient, Converse. Mobile Banking Reimagined”, highlighting the Bank’s digital transformation journey and its vision for future growth.
Grant Akopian, Chief Financial Officer and Deputy Chief Executive Officer of Converse Bank, and a member of the Board of Trustees of BACEE, took part as a keynote speaker in the panel discussion “Regional Bank Executives Roundtable (CEE/SEE/Caucasus/Central Asia): Key to Success,” held as part of BACEE’s 50th Anniversary Conference.
Converse Bank has been awarded the BACEE Award for International Banking Co-operation during the 50th Jubilee Conference of the Banking Association for Central and Eastern Europe (BACEE).
Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”
Converse Bank offers to become the Bank's Visa Classic, Visa Gold, Visa Business and Visa Platinum cardholder by July 31 and use the reduced 50% annual service fee for the entire term of the card
Converse Bank has been recognized as the “Best Trade Finance Provider 2021 in Armenia” by the prestigious Global Finance magazine, for the second year in a row
Converse Bank said it is presented with the prestigious "Deal of the Year – Green Trade 2019" award by the European Bank for Reconstruction and Development (EBRD) under its Green Trade Facilitation Programme (Green TFP) for “encouraging best practices in industrial water efficiency in Armenia, with a water-savings impact equivalent to the annual water consumption of 220 Armenian households.”
The official reopening ceremony of Converse Bank’s “Nor Hachn” branch took place on December 25, the bank said in a press release today It said the ceremony was attended by guests from Kotayk Regional Administration
The opening ceremony of the Argentine Center was held at Yerevan State University of Languages and Social Sciences after Valery Brusov, Converse Bank reported
