In response to inquiries regarding the stability of Armenia's banking sector in the face of external challenges in the current geopolitical climate, Martin Galstyan, the head of the Central Bank of Armenia, has stated that the nation's banking system is currently operating without any issues related to risk management in the context of heightened tensions between Iran and Israel.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
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
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
Armenia plans to increase the state budget deficit to 2.8% of GDP in 2028, compared to 5.5% planned for 2025, said RA Finance Minister Vahe Hovhannisyan.
In 2025, the income tax refund will amount to 100 billion drams - approximately 95 billion drams, said Chairman of the State Revenue Committee of Armenia Eduard Hakobyan.
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
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 response to inquiries regarding the stability of Armenia's banking sector in the face of external challenges in the current geopolitical climate, Martin Galstyan, the head of the Central Bank of Armenia, has stated that the nation's banking system is currently operating without any issues related to risk management in the context of heightened tensions between Iran and Israel.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
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
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
Armenia plans to increase the state budget deficit to 2.8% of GDP in 2028, compared to 5.5% planned for 2025, said RA Finance Minister Vahe Hovhannisyan.
In 2025, the income tax refund will amount to 100 billion drams - approximately 95 billion drams, said Chairman of the State Revenue Committee of Armenia Eduard Hakobyan.
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
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.
Armenia’s commercial banks bought around $77.2 million from the local foreign currency market on July 3 to 7 at the average weighted exchange rate of 479.44 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $54 million from the local foreign currency market on May 10-12 at the average weighted exchange rate of 483.6 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $75.8 million from the local foreign currency market on April 17 to 21 at the average weighted exchange rate of 484.48 drams per one USD, the Central Bank of Armenia reported on Monday
Armenian commercial banks bought a total of $72.5 million from the local intra-bank foreign currency market from April 10 to 14, the Central Bank reported today saying also that the weighted average exchange rate was 485.35 drams for $1
Armenia’s commercial banks bought around $54.5 million from the local foreign currency market on April 3 to 7 at the average weighted exchange rate of 483.57 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $68.4 million from the local foreign currency market on March 20 to 24 at the average weighted exchange rate of 482.88 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $89.8 million from the local foreign currency market on March 13 to 17 at the average weighted exchange rate of 483.89 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $61.9 million from the local foreign currency market on March 6 to 10 at the average weighted exchange rate of 485.53 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $87.3 million from the local foreign currency market on February 27 to March 3 at the average weighted exchange rate of 486.04 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $101.3 million from the local foreign currency market on January 23 to 27 at the average weighted exchange rate of 485.74 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $83.4 million from the local foreign currency market on November 28 to December 2 at the average weighted exchange rate of 479.44 drams per one USD, the Central Bank of Armenia reported on Monday
Armenia’s commercial banks bought around $73.5 million from the local foreign currency market on November 7 to 11 at the average weighted exchange rate of 477.4 drams per one USD, the Central Bank of Armenia reported on Monday
