At the exhibition titled "Banks on One Platform," organized by the Union of Banks of Armenia Banks in Syunik, Aсba Bank showcased its programs and financing options available for local small and medium-sized enterprises (SMEs) – including manufacturers, farmers, and individuals, as reported by the bank's press service.
The volume of loans issued by Armenian commercial banks as of the end of September 2025 amounted to 7,497,746 million drams, compared to 7,362,263 million drams at the end of August, according to data from the Statistical Committee of the Republic of Armenia.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
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.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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 the exhibition titled "Banks on One Platform," organized by the Union of Banks of Armenia Banks in Syunik, Aсba Bank showcased its programs and financing options available for local small and medium-sized enterprises (SMEs) – including manufacturers, farmers, and individuals, as reported by the bank's press service.
The volume of loans issued by Armenian commercial banks as of the end of September 2025 amounted to 7,497,746 million drams, compared to 7,362,263 million drams at the end of August, according to data from the Statistical Committee of the Republic of Armenia.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
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.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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 Economy Minister Vahan Kerobyan, in an interview with Azatutyun Radio, suggested not to consider the devaluation of the dram as a catastrophe, but instead to take into account things in neighboring countries
At the end of the third quarter of 2020, Armenia's hard currency reserves stood at $2.449.2 billion, down from $2.648.2 billion at the beginning of the quarter, the Central Bank said in a report
The Central Bank of Armenia plans to conduct operations in the country's currency market in order to ensure the normal functioning of financial markets, Harutyun Berberian, spokesman for the Central Bank of Armenia, told ARKA News Agency on Tuesday
The Central Bank of Armenia has bought USD 5 million at the forex market, Armenian Prime Minister Nikol Pashinyan reported Thursday on his Facebook page
Germany’s Ambassador to Armenia Mathias Kiesler praised today Armenia’s national currency, the dram, describing it as a stable currency, when speaking at an event marking the World Savings Day
The Eurasian Economic Union (EEU) is in a position now to create a regional settlement currency, including a blockchain-based currency, Eurasian Development Bank (EDB) board chairman Andrei Belyaninov said at a Eurasian Media Congress in Almaty, Kazakhstan, on Thursday
Armenian banks bought a total of $95.8 million at the local inter-bank forex market in a time span from February 6 to February 10 at the weighted average exchange rate of 485.72 drams per one USD, the Central Bank reported today
Armenia’s commercial banks bought around $90.6 million from the local foreign currency market on December 12 to 16 at the average weighted exchange rate of 483.77 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $66.6 million from the local foreign currency market on December 5 to 9 at the average weighted exchange rate of 481.34 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought more than $72.4 million from the local foreign currency market on October 3 to 7 at the average weighted exchange rate of 473.43 drams per one USD
Armenia’s Central Bank injected a total of $94 million in the local foreign currency market in the first quarter of 2016 to shore up the national currency
