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”.
In September, net non-commercial money transfers to Armenia continued double-digit growth (16.2 percent, yoy), according to the World Bank’s Armenia Monthly Economic Update – October 2025.
A study conducted by the Central Bank of Armenia revealed that companies operating under the brands "DaoBit," "Orbis" (Orbis Exchange), and "GKGD" are making public offersd for attraction of money promising high returns.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
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.
During a meeting held on Thursday, the Armenian government endorsed a draft presidential decree concerning the grant aspect of the $250 million loan agreement established between Armenia and the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program, which was signed on October 30 of this year.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
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.
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”.
In September, net non-commercial money transfers to Armenia continued double-digit growth (16.2 percent, yoy), according to the World Bank’s Armenia Monthly Economic Update – October 2025.
A study conducted by the Central Bank of Armenia revealed that companies operating under the brands "DaoBit," "Orbis" (Orbis Exchange), and "GKGD" are making public offersd for attraction of money promising high returns.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
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.
During a meeting held on Thursday, the Armenian government endorsed a draft presidential decree concerning the grant aspect of the $250 million loan agreement established between Armenia and the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program, which was signed on October 30 of this year.
All types of state benefits and pensions in Armenia will be paid entirely in non-cash format, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
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 average market exchange rate of the US dollar against the Armenian dram as of July 21, 2025, decreased by 0.4 points compared to July 18 and amounted to 383.83 drams.
In February 2025, the average settlement rate of Armenian dram to the US dollar was 395.6 drams, which was 2.1% lower than r in February 2024 (404.3 drams), according to the National Statistical Committee.
The average market exchange rate of the U.S. dollar to the Armenian dram on February 21, 2025, totaled AMD 394.41, down 0.9 points compared to February 20.
Armenia’s Central Bank denied today media allegations claiming that it uses ‘repressive’ measures to stabilize the exchange rate of the national currency
The Euro was trading in Armenia today at 600.58 drams, the highest exchange rate since 2005, the Central Bank said. The Euro exchange rate has been growing steadily since January 24th
From July 24 to July 28 Armenian commercial banks bought a total of $76.3 million from the local inter-bank forex market at the weighted average exchange rate of 477.97 drams per one USD, the Central Bank said
Monetary policies of Armenia, Belarus, Kazakhstan and Kyrgyzstan will be more effective if they will partially be oriented to the exchange rate of the Russian ruble
Armenia’s commercial banks bought around $159.2 million from the local foreign currency market on Jnauary 9 to 20 at the average weighted exchange rate of 484.92 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought a total of $46.9 million from the local foreign currency market on July 4 - 8 at the average weighted exchange rate of 476.05 drams per one USD, the Central Bank said
Armenian commercial banks bought a total of $65.7 million at the local forex market from 11 to 15 April at the weighted average exchange rate of 482.58 drams per $1
The exchange rate of USD against Armenian dram has dropped today by 0.02 percentage points from April 10 to 476.32 drams, the Central Bank of Armenia reported
