The year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The Central Bank of Armenia's decision to lower the refinancing rate by 0.25 percentage points to 6.50% is seen as moderately advantageous for the nation's economy and financial markets, according to Hovak Hovakimyan, Director of Freedom Broker Armenia, speaking to ARKA.
The Central Bank of Armenia is pursuing a fairly balanced and consistent policy to ensure the stability of the financial system, particularly in terms of digitalization and market transparency, according to Freedom Broker Armenia Director Hovak Hovakimyan.
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.
Armenian Minister of Labor and Social Affairs Arsen Torosyan denied rumors that welfare recipients and pensioners will be prohibited from withdrawing cash starting January 1, 2026, calling them a "blatant lie."
Armenia's total public debt as of October 31, 2025, amounted to $14,173.212 million, a decrease of $22.676 million compared to September 30, 2025. This is stated in a report by the Statistical Committee of Armenia.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
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 year 2025 proved to be quite favorable for Armenia's banking sector, yet there are two critical issues that need attention, according to Central Bank Governor Martin Galstyan.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a €50 million financing agreement with the European Investment Bank (EIB) for the "Armenia – Resilient Syunik, Special Investment Window 1 of the Neighborhood and Enhanced Partnership Instrument+ (NIP+)" program.
At an extraordinary session on Tuesday, the National Assembly of Armenia ratified a $250 million loan agreement with the Asian Development Bank (ADB) under the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
The Central Bank of Armenia's decision to lower the refinancing rate by 0.25 percentage points to 6.50% is seen as moderately advantageous for the nation's economy and financial markets, according to Hovak Hovakimyan, Director of Freedom Broker Armenia, speaking to ARKA.
The Central Bank of Armenia is pursuing a fairly balanced and consistent policy to ensure the stability of the financial system, particularly in terms of digitalization and market transparency, according to Freedom Broker Armenia Director Hovak Hovakimyan.
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.
Armenian Minister of Labor and Social Affairs Arsen Torosyan denied rumors that welfare recipients and pensioners will be prohibited from withdrawing cash starting January 1, 2026, calling them a "blatant lie."
Armenia's total public debt as of October 31, 2025, amounted to $14,173.212 million, a decrease of $22.676 million compared to September 30, 2025. This is stated in a report by the Statistical Committee of Armenia.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
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.
For 2018 and 19, Armenia is going to target higher economic growth, and even five per cent is quite possible for the country for the year 2018, Vardan Aramyan, Armenian finance minister, said in an interview with Emerging-europe.com
Russia's economy may grow by up to 2.5% next year, deputy finance minister said Monday, Russian news agencies reported. Speaking to reporters on a visit to Washington DC, Maxim Oreshkin said Russia's gross domestic product may grow by 1.5%-2.5% in 2016
Armenia’s government budget deficit is projected at 2% of GDP or AMD 105 billion for 2015, Finance Minister Gagik Khachatryan said Thursday as presented the 2015-2017 spending program at a regular Cabinet session
Armenia’s finance minister David Sargsyan disclosed on Thursday the geography of investors in the first-ever issue of Armenian Eurobonds that netted the government $700 million
The Armenian finance ministry bought out today AMGB20072283 long-term government treasury bonds worth AMD 1 billion, the press office of the central Bank of Armenia reports
By issuing foreign currency-denominated bonds Armenia will have an opportunity to attract some cheap funds amid the slash in preferential lending, Finance Minister David Sargsyan implies
Cyprus Finance Ministry issued a decree that allows you to bring in the country are foreign financial institutions from the application of measures restricting banking, ypLive. Com reports
Armenia’s Finance Ministry purchased today the long-term government (treasury) bonds of AMGB20072283 issue valued at 1 billion drams, the Central Bank said Wednesday
Russia’s Finance Ministry didn’t support the idea of taxing the deposits additionally, Minister Anton Siluanov said, Russian RIA Novosti reports.At present, interest income is not taxed if it doesn’t hit over +5% refinancing rate. “After debates at Ministry of Finance we decided not to introduce any additional taxes on deposits. We decided to reject that idea,” Siluanov said.
