Tag: Finance

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

Armenia is discussing introducing bank restructuring mechanisms instead of liquidation procedures

The Parliamentary Committee on Financial, Credit, and Budgetary Affairs of Armenia yesterday approved the draft new law "On Bank Restructuring," which had been discussed in the first reading, along with several related laws.

Capital of Armenian credit institutions increased by 9.76% in the first quarter of 2026, exceeding 458 billion drams

The total capital of Armenian credit institutions in the first quarter of 2026 amounted to 458.03 billion drams, an increase of 9.76% compared to the first quarter of 2025.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

Armenia’s total public debt increased by 0.22% to $14.2 billion as of November 2025

Armenia's total public debt as of November 30, 2025, amounted to $14,204.2 million, compared to $14,173.2 million as of October 31, 2025. This is evidenced by data released by the Ministry of Finance.

Armenia set to join EEU agreement on exchange of confidential information in the field of finance

Armenia's National Assembly has discussed today the ratification of the protocol on accession to the Agreement of December 23, 2014 on the exchange of information in the financial sector, including confidential information, to create conditions for ensuring the free movement of capital in financial markets of the Eurasian Economic Union (EEU) member states

Araratbank wraps up 2019 indicators

Today, on 25 June 2020, ARARATBANK wrapped s up the 2019 indicators at the Annual General Meeting of Shareholders in ARARATBANK ZARGATSUM branch, reporting growth in the key financial indicators

ACBA-CREDIT AGRICOLE Bank continues to finance SMEs and agriculture

The ACBA-CREDIT AGRICOLE BANK continues to operate in a special mode providing financial assistance to SMEs and the agricultural sector, as well as implementing a string of programs designed to help them boost their development, the bank’s press service reported today

ACBA Leasing to finance production of clean energy in Armenian communities

ACBA Leasing cjsc said today it will provide the communities in Armenia not connected to the natural gas network with preferential financing for the purchase of equipment that is used for production of clean energy

EFSD has provided $490 million to finance infrastructure projects in Armenia

The Eurasian Fund for Stabilization and Development (EFSD) has provided $490 million to finance a string of infrastructure projects in Armenia, Alexey Cherekaev, an EFSD project group director, said in an interview with ARKA news agency

HSBC Bank Armenia awards its Trade Finance Best Customers

HSBC Bank Armenia has named today the winners of its seventh Best Trade Customers Award. Speaking at the Award giving ceremony

Trade finance of HSBC Bank Armenia hikes by 104% to 19.5 billion drams in first quarter

Exclusive interview of the head of trade finance department at HSBC Bank Armenia Kamo Margaryan to ARKA News Agency ARKA...