A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.
Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.
The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.
Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.
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.
In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».
Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."
Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
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.
A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.
Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.
The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.
Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.
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.
In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».
Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."
Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
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 European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.
Acba Bank, in partnership with the European Bank for Reconstruction and Development (EBRD), is launching the first targeted financing program designed for businesses founded by young people in Armenia, the bank's press service reported.
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.
he European Bank for Reconstruction and Development's (EBRD) investments in Armenia in 2024 hit the record 400 million euros, Armenian Finance Minister Vahe Hovhannisyan said at a meeting with EBRD President Odile Renaud-Basso in London.
The European Bank for Reconstruction and Development (EBRD) and Amundi-ACBA Asset Management are joining forces to facilitate access to local currency funding and strengthen the local capital market in Armenia
The European Bank for Reconstruction and Development (EBRD) is providing a US$ 5 million financial package to Inecobank in Armenia to facilitate the private sector’s transition to more sustainable, low-carbon and climate-resilient practices. The project is supported by the European Union (EU) with €523,000 of grant incentives, EBRD said today in a press release
Acba Bank and the European Bank for Reconstruction and Development (EBRD) signed a loan agreement in the amount of $10 million. According to Acba bank press service, the funds provided by the EBRD will be channelled into financing green farms, micro, small and medium-sized businesses in Armenia. The attracted funds will be allocated both in Armenian drams and in US dollars
Armenia’s private sector will benefit from new resources for green financing thanks to a US$ 10 million financial package put together by the European Bank for Reconstruction and Development (EBRD) in cooperation with the European Union (EU) and the Green Climate Fund (GCF) to facilitate the private sector’s transition to more sustainable, low-carbon and climate-resilient practices, EBRD said today in a press release
Armenia's private sector will benefit from new resources for green financing thanks to a US$ 6 million financial package put together by the European Bank for Reconstruction (EBRD) and the Green Climate Fund (GCF), which is contributing up to US$ 1.5 million in concessional financing. The loan is expected to facilitate the country’s transition to a more sustainable, low-carbon and climate-resilient economy, EBRD said in a press release
Converse Bank said it is presented with the prestigious "Deal of the Year – Green Trade 2019" award by the European Bank for Reconstruction and Development (EBRD) under its Green Trade Facilitation Programme (Green TFP) for “encouraging best practices in industrial water efficiency in Armenia, with a water-savings impact equivalent to the annual water consumption of 220 Armenian households.”
Improving the lives of smallholder farmers in the Shirak region of north-western Armenia is the goal of a pilot programme announced today by the European Bank for Reconstruction and Development (EBRD) and the United Nations Development Programme (UNDP), EBRD reported
