At a meeting on Thursday, the Armenian government approved measures and procedures for providing cashback on non-cash payments made by individuals through the Armenian Card (ArCa) national payment system.
The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.
Unibank has completed the placement of a new issuance of dram denominated perpetual bonds ahead of schedule. In total, perpetual bonds worth AMD 6.5 billion and USD 9 million were placed in December, resulting in heightened activity in Armenia’s securities 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 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 a meeting on Thursday, the Armenian government approved measures and procedures for providing cashback on non-cash payments made by individuals through the Armenian Card (ArCa) national payment system.
The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.
Unibank has completed the placement of a new issuance of dram denominated perpetual bonds ahead of schedule. In total, perpetual bonds worth AMD 6.5 billion and USD 9 million were placed in December, resulting in heightened activity in Armenia’s securities 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 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.
Armenian commercial banks will award the so-called 'credit holidays' to those borrowers who are now fighting in Nagorno-Karabakh against the Azerbaijani aggression, Deputy Finance Minister Arman Poghosyan said at a press conference on Wednesday, adding that their decisions is voluntary
Credit organizations in Armenia will award credit holidays to those borrowers who have volunteered or were called up to the armed forces for the entire period of marshal law, declared after the large-scale offensive by Azerbaijan against Nagorno-Karabakh, the Union of Credit Organizations said in a statement today
The so-called "credit holidays" granted to thousands of borrowers in Armenia can cause major damage to the country's s banking system, while writing off fines and penalties on loans can force banks to declare bankruptcy, Deputy Chairman of the Central Bank Nerses Yeritsyan told a parliament-hosted discussion on banks' problems today
More than 550,000 individuals and 17,400 legal entities in Armenia have been awarded the so-called credit holidays, Prime Minister Nikol Pashinyan said at a government meeting on Thursday
Over 470,000 individuals and 15,500 legal entities in Armenia have been awarded credit holidays because of the coronavirus pandemic, Prime Minister Nikol Pashinyan said on Thursday during a government meeting