The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, amounted to $87.5 million in January-February 2025, compared to $153.9 million in January-February 2024, according to the report from the Central Bank of Armenia.
Armenia's Central Bank is investigating possible vulnerabilities in the protection of online express lending systems due to the increasing number of fraud cases, Central Bank head Martin Galstyan said.
Compared to previous surveys, market participants' expectations regarding the Central Bank of Armenia's refinancing rate have slightly adjusted downwards, reflecting the trajectory of a gradual reduction in the refinancing rate over the next eight decisions.
VTB (Armenia) acted as a partner of the annual championship of the intellectual game "What? Where? When?" that involved teams from financial and IT companies of the country.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
Armenian Finance Minister Vahe Hovhannisyan discussed today the 5th revision of the Stand-By Arrangement (SBA) at a meeting with IMF Armenian mission chief Iva Petrova.
An agreement on financial cooperation has been signed between the governments of Armenia and Germany, as reported by Armenian Minister of Economy Gevorg Papoyan on his Facebook page.
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Deputy Prime Minister of Armenia Mher Grigoryan met with the Director General of the Central and West Asia Department of the Asian Development Bank (ADB), Yevgeny Zhukov.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, amounted to $87.5 million in January-February 2025, compared to $153.9 million in January-February 2024, according to the report from the Central Bank of Armenia.
Armenia's Central Bank is investigating possible vulnerabilities in the protection of online express lending systems due to the increasing number of fraud cases, Central Bank head Martin Galstyan said.
Compared to previous surveys, market participants' expectations regarding the Central Bank of Armenia's refinancing rate have slightly adjusted downwards, reflecting the trajectory of a gradual reduction in the refinancing rate over the next eight decisions.
VTB (Armenia) acted as a partner of the annual championship of the intellectual game "What? Where? When?" that involved teams from financial and IT companies of the country.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
Armenian Finance Minister Vahe Hovhannisyan discussed today the 5th revision of the Stand-By Arrangement (SBA) at a meeting with IMF Armenian mission chief Iva Petrova.
An agreement on financial cooperation has been signed between the governments of Armenia and Germany, as reported by Armenian Minister of Economy Gevorg Papoyan on his Facebook page.
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Deputy Prime Minister of Armenia Mher Grigoryan met with the Director General of the Central and West Asia Department of the Asian Development Bank (ADB), Yevgeny Zhukov.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
Inflation in Armenia is projected at 1.5% year-on-year by the end of 2024, a macroeconomic forecast by the Eurasian Development Bank revealed on Monday.
Armenia’s Deputy Minister of Finance Vahe Hovhannisyan has replaced Armen Hayrapetyan as new Deputy Plenipotentiary Representative of the country in the Board of the Eurasian Development Bank (EDB)
The Eurasian Development Bank (EDB) has granted Ardshinbank a credit line in the amount of USD 20 million for a period of 3 years to provide financial support to the country’s small and medium-sized businesses. A relevant agreement was signed on September 7, 2021 by EDB Management Board Chairman Nikolay Podguzov, and Ardshinbank Management Board Chairman Artak Ananyan
Armenia’s Ministry of Finance, the Eurasian Development Bank (EDB) and the Russian Analytical Credit Rating Agency (ACRA) signed today in Yerevan a Memorandum of Understanding
Armenian Prime Minister Nikol Pashinyan received September 6 the Chairman of the Management Board of the Eurasian Development Bank (EDB) Nikolay Podguzov and the delegation led by him, the government press office reported.
Armenia’s Deputy Prime Minister Suren Papikyan and the Chairman of the Executive Board of the Eurasian Development Bank (EDB) Nikolai Podguzov agreed today that the partnership between the Armenian government and the EDB is a good basis for the successful implementation of joint projects in future
AMX-Armenia Securities Exchange has hosted today Nikolai Podguzov, CEO at Eurasian Development Bank, Vice Chairmen and management representatives of EDB, AMX-Armenia reported
The rapid recovery of the global economy, fuelled by credit and budgetary injections in developed countries, is driving asset prices up massively,” said Even Vinokurov, chief economist at the Eurasian Development Bank (EDB).
The Council of the Eurasian Development Bank (EDB) chaired by Askar Mamin, Prime Minister of Kazakhstan, approved the EDB’s Strategy for 2022–2026. The participants in the meeting were the representative plenipotentiary of the Bank’s shareholders, including Mher Grigoryan, Deputy Prime Minister, Armenia; Yuri Seliverstov, Minister of Finance, Belarus; Alikhan Smailov, First Deputy Prime Minister, Kazakhstan; Akylbek Japarov, Deputy Prime Minister and Minister of Economy and Finance, Kyrgyz Republic; Anton Siluanov, Minister of Finance, Russia; and Yusuf Majidi, Deputy Minister of Finance, Tajikistan
The Eurasian Development Bank (EDB) will provide a grant from its Technical Assistance Fund to the Armenian Securities Exchange for modernization of trading technologies, EDB said in a press release today
