At a meeting on Thursday, the Government of Armenia approved a loan agreement between the European Investment Bank (EIB) and the Armenia - Sustainable Syunik program, the Special Investment Window of the Neighborhood and Enhanced Partnership Instrument+ (NIP+) in the amount of EUR 50 million.
About 1 billion drams have been allocated in Armenia for the program to support individuals with bad loans in Armenia, RA Minister of Labor and Social Affairs Arsen Torosyan announced at a government meeting on Thursday.
In the village of Areni, located in the Vayots Dzor region, the Stepanyan family has established a distinctive gastro yard within their ancestral home, honoring traditions while integrating modern practices.
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.
n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.
As of July 31, 2025, Armenia's total public debt was recorded at $14,098.6 million, an increase from $13,852.1 million as of June 30, 2025,according to the Ministry of Finance.
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.
At a meeting on Thursday, the Government of Armenia approved a loan agreement between the European Investment Bank (EIB) and the Armenia - Sustainable Syunik program, the Special Investment Window of the Neighborhood and Enhanced Partnership Instrument+ (NIP+) in the amount of EUR 50 million.
About 1 billion drams have been allocated in Armenia for the program to support individuals with bad loans in Armenia, RA Minister of Labor and Social Affairs Arsen Torosyan announced at a government meeting on Thursday.
In the village of Areni, located in the Vayots Dzor region, the Stepanyan family has established a distinctive gastro yard within their ancestral home, honoring traditions while integrating modern practices.
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.
n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.
As of July 31, 2025, Armenia's total public debt was recorded at $14,098.6 million, an increase from $13,852.1 million as of June 30, 2025,according to the Ministry of Finance.
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
