The net profit of Armenia's banking system in the third quarter of 2025 amounted to 107.2 billion drams, an increase of 15.57% compared to the same quarter of 2024, and a 7.39% increase compared to the second quarter of this year.
A review of information received by the Central Bank has revealed that a company presenting itself as "bank24.am" is making a public offer of loans through advertisements posted on its website and various social media platforms (TikTok, Facebook, Instagram).
In alignment with the "Clean Future for Lake Sevan" initiative, Acba Bank, in collaboration with the Armenian branch of the German Nature and Biodiversity Conservation Union (NABU), has undertaken efforts to clear one of the lake's shores of plastic and debris.
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.
Given significant uncertainty, the Central Bank of Armenia should continue to closely monitor economic trends and inflation expectations and be prepared to adjust the refinancing rate if necessary, the IMF said in a statement following the visit of the Fund mission, led by Alexander Timan, to Yerevan from September 17-30.
An International Monetary Fund (IMF) team led by Alexander Tieman visited Yerevan from September 17-30, 2025, to conduct discussions for the Sixth review under the current Stand-By Arrangement (SBA) with Armenia and the authorities’ request of a new 36-month SBA.
The Committee on Financial, Credit, and Budgetary Affairs of the National Assembly of Armenia approved the draft law "On Amendments to the Law on Public Debt" in its first reading.
In the first half of 2025, foreign investment inflow into the real sector of the Armenian economy reached 47,955.2 million drams, which is a decrease of 59,317.5 million drams compared to the same period in 2024.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
The net profit of Armenia's banking system in the third quarter of 2025 amounted to 107.2 billion drams, an increase of 15.57% compared to the same quarter of 2024, and a 7.39% increase compared to the second quarter of this year.
A review of information received by the Central Bank has revealed that a company presenting itself as "bank24.am" is making a public offer of loans through advertisements posted on its website and various social media platforms (TikTok, Facebook, Instagram).
In alignment with the "Clean Future for Lake Sevan" initiative, Acba Bank, in collaboration with the Armenian branch of the German Nature and Biodiversity Conservation Union (NABU), has undertaken efforts to clear one of the lake's shores of plastic and debris.
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.
Given significant uncertainty, the Central Bank of Armenia should continue to closely monitor economic trends and inflation expectations and be prepared to adjust the refinancing rate if necessary, the IMF said in a statement following the visit of the Fund mission, led by Alexander Timan, to Yerevan from September 17-30.
An International Monetary Fund (IMF) team led by Alexander Tieman visited Yerevan from September 17-30, 2025, to conduct discussions for the Sixth review under the current Stand-By Arrangement (SBA) with Armenia and the authorities’ request of a new 36-month SBA.
The Committee on Financial, Credit, and Budgetary Affairs of the National Assembly of Armenia approved the draft law "On Amendments to the Law on Public Debt" in its first reading.
In the first half of 2025, foreign investment inflow into the real sector of the Armenian economy reached 47,955.2 million drams, which is a decrease of 59,317.5 million drams compared to the same period in 2024.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
On September 27, the chairman of Armenia’s Central Bank Martin Galstyan took part in an online forum on high-level research organized by the Central Bank of the Philippines
Armenian Vice Premier Mher Grigoryan pointed out Thursday the progress in the implementation of the government’s 1st and 2nd programs aimed at cushioning the economic consequences of the coronavirus
COVID-19 pandemic has made the digital transformation vitally important. Going online and shifting to online platforms have become a necessity, bringing over certain challenges for many businesses and individuals in Armenia, HSBC Bank Armenia said in a press release today
The Asian Development Bank (ADB) has approved a $2 million grant from its Asia Pacific Disaster Response Fund (APDRF) to support Armenia in its fight against the coronavirus disease (COVID-19) pandemic, the press service of the ADB reported on Tuesday
IFC, a member of the World Bank Group, said it is providing a loan of $15 million to Inecobank to boost lending to Armenia’s micro, small, and medium enterprises (MSMEs), helping them address the challenges triggered by the COVID-19 outbreak
The European Bank for Reconstruction and Development (EBRD) is providing a US$ 25 million loan to InecoBank, a longstanding partner bank in Armenia, for extending support to private companies that have been affected by the economic impact of the coronavirus pandemic
Armenian banks faced the problem of non-observance of social distance and discipline of queuing in terms of COVID-19, Central Bank Chairman Arthur Javadyan said Thursday at a government meeting
The biggest risk in the banking system of Armenia and beyond it today is the uncertainty due to the new coronavirus, Seyran Sargsyan, the executive director of the Union of Banks of Armenia (UBA) told reporters at an online press conference on Tuesday
Armenian Vice-Premier Tigran Avinyan took part yesterday in the online meeting of the Regional Group for Europe and Eurasia of the World Economic Forum (WEF)
As of 18:00 on May 14, 4,225 payments totaling almost 1,088,681,654 drams (about $ 2.23 million) have been received in the special account to support the fight against the coronavirus in Armenia, the press service of the country’s finance ministry reports
The Union of Banks of Armenia, in its statement released on Monday, urges everybody to refrain from speculation about the country's banking system amid the spread of the coronavirus COVID-19
The Central Bank of Armenia is in the operational management mode now and is analyzing scenarios of the development of the situation related to the coronavirus in order to be as ready as possible for any events, Martin Galstyan, a member of the central bank’s board, said Thursday speaking at the National Assembly as a candidate for central bank chairman. Martin Galstyan is My Step faction’s nominee
