All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank, the European Bank for Reconstruction and Development (EBRD), and IPC Consulting brought together agricultural experts to discuss the impact of climate change on agribusiness and modern solutions to address it. Innovative approaches to increasing the resilience and productivity of agricultural enterprises were presented, according to Acba Bank's press service.
On the eve of International Students’ Day, a group of Yerevan State University students who have received scholarships from Byblos Bank Armenia in recent years met with the Bank’s CEO, Hayk Stepanyan, honoring an annual tradition.
Unibank has made the issuance of digital Visa cards fee free for resident clients. Cards can be obtained instantly through the UNIMobile application by selecting the preferred design and currency — Armenian dram, US dollar, or euro.
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.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
From January to October 2025, 70.1 billion drams of the planned 72.2 billion drams of Yerevan's budget revenues were actually collected, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
In 2025, the participation of foreign investors in Armenia's domestic government debt market saw a substantial rise compared to 2018, hitting 177 billion drams, as reported by Finance Minister Vahe Hovhannisyan.
Armenia's 2026 state budget expenditures will amount to 3.63 trillion drams, revenues to 3.09 trillion drams, and a deficit to 537 billion drams, or 4.5% of GDP, said Finance Minister Vahe Hovhannisyan during a discussion of the 2026 draft state budget in parliament on Wednesday.
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.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank, the European Bank for Reconstruction and Development (EBRD), and IPC Consulting brought together agricultural experts to discuss the impact of climate change on agribusiness and modern solutions to address it. Innovative approaches to increasing the resilience and productivity of agricultural enterprises were presented, according to Acba Bank's press service.
On the eve of International Students’ Day, a group of Yerevan State University students who have received scholarships from Byblos Bank Armenia in recent years met with the Bank’s CEO, Hayk Stepanyan, honoring an annual tradition.
Unibank has made the issuance of digital Visa cards fee free for resident clients. Cards can be obtained instantly through the UNIMobile application by selecting the preferred design and currency — Armenian dram, US dollar, or euro.
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.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
From January to October 2025, 70.1 billion drams of the planned 72.2 billion drams of Yerevan's budget revenues were actually collected, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
In 2025, the participation of foreign investors in Armenia's domestic government debt market saw a substantial rise compared to 2018, hitting 177 billion drams, as reported by Finance Minister Vahe Hovhannisyan.
Armenia's 2026 state budget expenditures will amount to 3.63 trillion drams, revenues to 3.09 trillion drams, and a deficit to 537 billion drams, or 4.5% of GDP, said Finance Minister Vahe Hovhannisyan during a discussion of the 2026 draft state budget in parliament on Wednesday.
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 European Bank for Reconstruction and Development (EBRD) is providing a local currency loan in Armenian drams equivalent to US$ 8 million through a local currency financing facility to ACBA-CREDIT AGRICOLE BANK (ACBA), the EBRD press office reported on Thursday
Armenia and the World Bank signed December 8 a US$50 million development policy finance operation to support the Government’s reforms program across key economic areas
The Yerevan-based Unibank said today that applications for receiving consumer loans U-Cash, provided in Armenia’s national currency, the dram, can be made online as well, without visiting the bank
VTB Bank (Armenia) has unveiled today a new service called "Redemption of loans for consumer purposes," available at more affordable terms, saying in a press release that the loans can be used to pay off one or several loans in an another bank or banks
Anelik Bank, continuing to expand the range of its lending products, offers a new type of loans – Fast Resources, the bank’s press office reported on Wednesday
Armenian Armbusinessbank Board of Directors has decided to annul all credit obligations of servicemen who were killed in the latest upsurge of violence in Nagorno-Karabakh provoked by Azerbaijan, and also the obligations of their families
As of October 1, 2015 the total credit portfolio of Armenian banks' branches in Nagorno-Karabakh Republic (NKR) increased by 13.8% from the same period of 2014 to 87.289.4 billion drams, the National Statistical Service of NKR said. But compared to the previous month the portfolio was less by 2%
Armenian commercial banks’ overall credit investments in the first quarter of 2015 dropped by 3.54% from the beginning of the year to 2.075.6 trillion drams, according to ARKA news agency’s latest issue of Financial and Economic Bulletin (Armenian banks performance indicators for the first quarter of 2015)
Armenian Ardshinbank said today it has raised the ceiling of credit lines available to holders of its payroll cards up to ten times the size of their net wage. According to a bank’s press release, the credit lines are available in the national currency, the dram
ACBA-CREDIT AGRICOLE BANK has unveiled today a new type of loan called Credit+ designed specifically for legal entities which have taken loans from another bank or credit organization and need to obtain new funds without spending additional time, the bank’s press office reports
The total credit portfolio of Armenian banks’ branches in Nagorno-Karabakh stood at 78 billion drams on March 1, 2014, an increase of 1.6 percent from the year before, according to Nagorno-Karabakh Statistical Service
