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.
During a meeting held on Thursday, the Armenian government endorsed a draft presidential decree concerning the grant aspect of the $250 million loan agreement established between Armenia and the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program, which was signed on October 30 of this year.
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.
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.
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.
During a meeting held on Thursday, the Armenian government endorsed a draft presidential decree concerning the grant aspect of the $250 million loan agreement established between Armenia and the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program, which was signed on October 30 of this year.
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.
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.
According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.
The amount of deposits in Armenia's commercial banks stood at AMD 6,463,958 million at the end of December 2024 against AMD 5,960,193 million at the end of September, according to the National Statistical Committee.
Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.
YEREVAN, December 10. /ARKA/. Speaking at a meeting of the Supreme Eurasian Economic Council today via videoconference Armenian Prime Minister Nikol Pashinyan said EEU member states should realize the strategic goal of increasing the share of national currencies in the settlements of trade transactions among EEU member states.
The first placement of Converse Bank’s bonds in 2018 started on April 26th. Along with AMD and USD bonds, Euro bonds have been issued as well, the bank’s press office reports
Armenian households’ deposits in foreign currencies kept at local commercial banks amounted to 331.1 billion drams at the end of 2011 November, the Central Bank said.
