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.
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.
Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
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.
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.
Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
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.
The Deputy Minister of Economy of Armenia, Lilia Sirakanyan, held a meeting with representatives of investment companies, as reported by the press service of the Ministry of Economy of Armenia.
The Chairman of the Central Bank, Martin Galstyan, and the Deputy Chairman, Nerses Yeritsyan, submitted a proposal for the development of a digital society and economy for discussion at a meeting today dedicated to Armenia's digital transformation agenda, which was chaired by Prime Minister Nikol Pashinyan, the government press office said
Acba bank was the first bank in Armenia to start a series of free business training courses in 2013, designed specifically for the development of SME and to this day it has held 105 such courses, which involved managers of 820 small and medium-sized enterprises and 1,480 decision makers, the bank's press service reported
Armenian acting Deputy Prime Minister Mher Grigoryan had a meeting via video link with the Regional Vice President of the International Finance Corporation (IFC) Georgina Baker on Tuesday, the press service of the Deputy Prime Minister's office reported
ACBA Leasing offers individuals and economic entities flexible financial services that make it possible to effectively develop their businesses using a number of tools
Armenian Vice Premier Mher Grigoryan discussed Wednesday with representatives of the Asian Development Bank the key goals of Armenia's development strategy and cooperation with the bank, the press office of the Armenian government reports
Areg Barseghian, head of the Asian Development Bank (ADB) office in Armenia, said today the Manila-based bank will disburse the first trance to the tune of $50 million to finance ‘Armenia: Sustainable Urban Development’ investment program.
During the next four years the portfolio of Black Sea Bank of Trade and Development in Armenia can be doubled, President of the Bank Andrey Kondakov informed.
