The international rating agency Moody's has assigned Armenian Acba Bank a long-term national and foreign currency deposit rating, along with an issuer rating of Ba3, which comes with a stable outlook, as reported by the bank's press service.
Istak Distillery is crafting the Armenian calvados "Сharline" from apples that have matured under the Armenian sun, utilizing French technology, as reported by the press service of Aсba Bank.
During a meeting held on Thursday, the Armenian government decided to extend the final access period for loans from the European Investment Bank (EIB).
With the backing of VTB (Armenia), a concert featuring Maestro Valery Gergiev and the Mariinsky Theater Symphony Orchestra took place at the Aram Khachaturian Concert Hall.
A total of 97 billion drams will be allocated in Armenia to reimburse income taxes on mortgage repayments for 62,000 citizens, as stated by Eduard Hakobyan, Chairman of the State Revenue Committee.
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 its weekly macroeconomic review, the Eurasian Development Bank (EDB) has maintained its forecast for consumer price growth in Armenia, indicating that it will remain within the target range set by the Central Bank for this year.
In the Armenian consumer market, 12-month inflation in September of this year amounted to 3.7%, according to a report from the National Statistical Committee (NSC) of Armenia.
Effective January 1, 2026, the cashback rate for pensioners and benefit recipients on cashless transactions for purchases and housing and utility services will rise to 20%, up from the current 12%, as announced by Minister of Labor and Social Affairs Arsen Torosyan.
According to a report from Armenia's Central Bank, the net inflow of private money transfers to Armenia from abroad via the banking system during January to August 2025 reached $889.3 million, an increase from $790.7 million during 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 international rating agency Moody's has assigned Armenian Acba Bank a long-term national and foreign currency deposit rating, along with an issuer rating of Ba3, which comes with a stable outlook, as reported by the bank's press service.
Istak Distillery is crafting the Armenian calvados "Сharline" from apples that have matured under the Armenian sun, utilizing French technology, as reported by the press service of Aсba Bank.
During a meeting held on Thursday, the Armenian government decided to extend the final access period for loans from the European Investment Bank (EIB).
With the backing of VTB (Armenia), a concert featuring Maestro Valery Gergiev and the Mariinsky Theater Symphony Orchestra took place at the Aram Khachaturian Concert Hall.
A total of 97 billion drams will be allocated in Armenia to reimburse income taxes on mortgage repayments for 62,000 citizens, as stated by Eduard Hakobyan, Chairman of the State Revenue Committee.
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 its weekly macroeconomic review, the Eurasian Development Bank (EDB) has maintained its forecast for consumer price growth in Armenia, indicating that it will remain within the target range set by the Central Bank for this year.
In the Armenian consumer market, 12-month inflation in September of this year amounted to 3.7%, according to a report from the National Statistical Committee (NSC) of Armenia.
Effective January 1, 2026, the cashback rate for pensioners and benefit recipients on cashless transactions for purchases and housing and utility services will rise to 20%, up from the current 12%, as announced by Minister of Labor and Social Affairs Arsen Torosyan.
According to a report from Armenia's Central Bank, the net inflow of private money transfers to Armenia from abroad via the banking system during January to August 2025 reached $889.3 million, an increase from $790.7 million during 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.
Armenian credit organizations have written off 500 million drams worth loans of those who were killed during the last autumn war in the Nagorno-Karabakh conflict zone and their family members, chairman of the Central Bank Martin Galstyan told a parliament session today
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
As of April 27, banks and credit organizations of Armenia together have granted credit vacations or otherwise revised 758,325 loans of 470,000 individuals worth 26.5 billion drams, as well as 16,356 loans of 14,6 00 legal entities in the amount of 48.3 billion drams, the press service of the Union of Banks of Armenia reports
Armenian banks and credit organizations have provided individuals and legal entities with "loan holidays" worth 61.8 billion drams, Prime Minister Nikol Pashinyan wrote in a Facebook posting on Thursday
ARKA news agency has released its economic and financial bulletin “Credit Organizations of Armenia” for the first quarter of 2019. The bulletin is compiled based on officially published financial reports of credit organizations (CO)
Loans issued by credit organizations in Armenia amounted to 406.4 billion drams at the end of September, having increased by 51.2 billion drams or 14.4% from the beginning of the year
Out of 35 credit organizations operating in Armenia, 33 were profitable in the third quarter of 2018 earning a total of 38.58 billion drams, according to ARKA news agency’s ranking. The other 2 companies reported losses to the tune of 35.2 million drams
The overall amount of lending and leasing operations of Armenia-based 35 credit organizations in the first quarter of 2018 amounted to 394.3 billion drams
