Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
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's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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.
Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
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's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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 Yerevan-based Conversebank announced coupon payments on Dram-denominated bonds (COVSB3, issue 2017-2). It said the total amount of coupon payments made 52.5 million drams
Armenia-based Converse Bank, a leader in mortgage lending, said it has revised downward the terms of lending under the "Affordable Housing for Young Families" program having also extended the maturity terms
A branch of Conversebank in downtown Yerevan that was robbed yesterday morning, has reopened today. According to media reports, the robber took away about 96 million drams, an amount equivalent to about $200,000
The Yerevan-based Converse Bank has announced a promotion campaign #ConverseVisaWeekend designed for Visa cardholders to stimulate non-cash transactions
The Yerevan-based Conversebank said today that beginning from February 8 it started implementing a number of functions of the State Register Agency of Legal Entities
As part of its policy to expand the range of service the Yerevan-based Conversebank has unveiled today Visa Virtual Account payments cards, designed for those clients who prefer online purchases
Armenia’s national postal operator “HayPost” CJSC has announced a promotion campaign implemented together with “Converse Transfer” system from November 1 to December 30 of this year
The CEO of Conversebank and chairman of its board Tigran Davtyan has resigned, the bank said in a statement today. It added that the name of the new chairman of the bank's board will be known within the next 10 days
ConverseBank earned AMD 2.4 billion in net profit in 2014 – five times more than it earned in 2013, ConverseBank CJSC Executive Director Tigran Davtyan told journalists on Wednesday
