The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.
Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.
Cyber Security Week in Armenia ended with the Bug Bounty competition with Acba Bank's offensive cyber security team recognized as the best, according to the bank's press service.
The Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.
Unibank and Urartu football club announced the start of a long-term partnership. On June 27, 2025, a signing ceremony was held at the club's training base, whereby Unibank has become the title sponsor of the club.
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
In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.
On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.
The net inflow of private remittances in Armenia from abroad sent through the banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
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 European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.
Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.
Cyber Security Week in Armenia ended with the Bug Bounty competition with Acba Bank's offensive cyber security team recognized as the best, according to the bank's press service.
The Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.
Unibank and Urartu football club announced the start of a long-term partnership. On June 27, 2025, a signing ceremony was held at the club's training base, whereby Unibank has become the title sponsor of the club.
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
In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.
On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.
The net inflow of private remittances in Armenia from abroad sent through the banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
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.
In Armenia the tuition fees range from USD840-1,680 per annum, according to Foundations for the Future, the latest report in The Value of Education series from HSBC
In 2016 April Armenian commercial banks provided about 3.98 billion drams worth education loans, by 2.9% more than in March, according to the monthly bulletin of the Central Bank of Armenia
By the end of February 2013 the outstanding amount of educational loans provided by Armenian commercial banks stood at 3.1 billion drams, a 0.3% increase from January, according to the monthly bulletin of the Central Bank of Armenia for February 2013
Armenian Anelik Bank was one of the first in Armenia to sign a cooperation agreement as part of a government-designed program to make higher education accessible to young Armenians, the bank said in a press release
Total loans allocated to education by Armenia’s credit organizations dropped 2% late October from September to nearly 130.5 million drams, according to the National Statistical Service of Armenia
Armenian commercial banks allocated nearly 2.5 billion drams for educational sector at the end of April this year, that is 6.5% higher compared to March 31
Loans extended by Armenian commercial banks for education totaled AMD 2.5 billion in late February 2012 – 18.4% less than the amount of late January 2012.
HSBC has pledged an additional US$15 million over five years to extend Future First, the Group’s flagship global education program that aims to tackle child poverty through education projects.
