Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
In September, commercial bank deposits grew 1.1 percent (mom) and credit expanded 2.1 percent. This is stated in the World Bank’s review “Armenia Monthly Economic Update – November 2025”.
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.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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.
Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
In September, commercial bank deposits grew 1.1 percent (mom) and credit expanded 2.1 percent. This is stated in the World Bank’s review “Armenia Monthly Economic Update – November 2025”.
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.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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 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
