Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.
Cable ducts, metal boxes of various sizes, about forty types of lamps and more than 50 other products-this is the range of products the Electrika Group company offers to the market with an affordable price-quality ratio, enabling consumers to carry out both large construction projects and individual tasks.
The net profit of Armenia's banking system for the first 6 months of 2025 exceeded AMD 200.7 billion, increasing by 20.51% compared to the beginning of the current year.
Out of the 15,000 citizens in Armenia who applied for a government-designed support program, 3,686 with bad loans have received it, said Daniel Azatyan, the head of the Union of Banks of Armenia (UBA), at a press conference today.
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.
Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
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 Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.
Cable ducts, metal boxes of various sizes, about forty types of lamps and more than 50 other products-this is the range of products the Electrika Group company offers to the market with an affordable price-quality ratio, enabling consumers to carry out both large construction projects and individual tasks.
The net profit of Armenia's banking system for the first 6 months of 2025 exceeded AMD 200.7 billion, increasing by 20.51% compared to the beginning of the current year.
Out of the 15,000 citizens in Armenia who applied for a government-designed support program, 3,686 with bad loans have received it, said Daniel Azatyan, the head of the Union of Banks of Armenia (UBA), at a press conference today.
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.
Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
The average market exchange rate of the US dollar to the Armenian Dram on August 4, 2025, increased by 0.01 points compared to August 1 and amounted to AMD 383.5
The average market exchange rate of the U.S. dollar to the Armenian dram on March 6, 2025, amounted to 394.58 drams, having grown by 0.28 points compared to March 5.
The average market exchange rate of the U.S. dollar to the Armenian dram on March 4, 2025, amounted to 393.86 drams, having increased by 0.17 points compared to March 3.
According to the National Statistical Committee of Armenia, the average market exchange rate of the USD against the Armenian national currency in 2020 was 489.01 drams
Chairman of the Central Bank of Armenia Martin Galstyan, speaking Tuesday at a news conefernce, pointed out two aspects that should have a positive effect on the exchange rate
No dollar sale-purchase transactions have been effected at NASDAQ OMX Armenia stock exchange over a period between August 8 and 12, the press office of the Central Bank of Armenia reports
Armenia’s commercial banks bought more than $86.5 million from the local foreign currency market on July 11 - 15 at the average weighted exchange rate of 475.75 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought a total of $65.5 million from the local foreign currency market on May 30- June 3 at the average weighted exchange rate of 476.91 drams per one USD, the Central Bank said
Armenian banks bought a total of $64 million from the local intra-bank forex market from May 16 to May 20 at the average weighted exchange rate of 477.36 drams per $1, he Central Bank said
Armenian banks bought a total of $58.8 million at the local intra-bank forex market from May 2 to May 6 at the weighted average exchange rate of 477.67 drams per $ 1, the Central Bank said
