The international rating agency Moody's has assigned Armenian Acba Bank a long-term national and foreign currency deposit rating, along with an issuer rating of Ba3, which comes with a stable outlook, as reported by the bank's press service.
Istak Distillery is crafting the Armenian calvados "Сharline" from apples that have matured under the Armenian sun, utilizing French technology, as reported by the press service of Aсba Bank.
During a meeting held on Thursday, the Armenian government decided to extend the final access period for loans from the European Investment Bank (EIB).
With the backing of VTB (Armenia), a concert featuring Maestro Valery Gergiev and the Mariinsky Theater Symphony Orchestra took place at the Aram Khachaturian Concert Hall.
A total of 97 billion drams will be allocated in Armenia to reimburse income taxes on mortgage repayments for 62,000 citizens, as stated by Eduard Hakobyan, Chairman of the State Revenue Committee.
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.
In its weekly macroeconomic review, the Eurasian Development Bank (EDB) has maintained its forecast for consumer price growth in Armenia, indicating that it will remain within the target range set by the Central Bank for this year.
In the Armenian consumer market, 12-month inflation in September of this year amounted to 3.7%, according to a report from the National Statistical Committee (NSC) of Armenia.
Effective January 1, 2026, the cashback rate for pensioners and benefit recipients on cashless transactions for purchases and housing and utility services will rise to 20%, up from the current 12%, as announced by Minister of Labor and Social Affairs Arsen Torosyan.
According to a report from Armenia's Central Bank, the net inflow of private money transfers to Armenia from abroad via the banking system during January to August 2025 reached $889.3 million, an increase from $790.7 million during the same period in 2024.
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 international rating agency Moody's has assigned Armenian Acba Bank a long-term national and foreign currency deposit rating, along with an issuer rating of Ba3, which comes with a stable outlook, as reported by the bank's press service.
Istak Distillery is crafting the Armenian calvados "Сharline" from apples that have matured under the Armenian sun, utilizing French technology, as reported by the press service of Aсba Bank.
During a meeting held on Thursday, the Armenian government decided to extend the final access period for loans from the European Investment Bank (EIB).
With the backing of VTB (Armenia), a concert featuring Maestro Valery Gergiev and the Mariinsky Theater Symphony Orchestra took place at the Aram Khachaturian Concert Hall.
A total of 97 billion drams will be allocated in Armenia to reimburse income taxes on mortgage repayments for 62,000 citizens, as stated by Eduard Hakobyan, Chairman of the State Revenue Committee.
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.
In its weekly macroeconomic review, the Eurasian Development Bank (EDB) has maintained its forecast for consumer price growth in Armenia, indicating that it will remain within the target range set by the Central Bank for this year.
In the Armenian consumer market, 12-month inflation in September of this year amounted to 3.7%, according to a report from the National Statistical Committee (NSC) of Armenia.
Effective January 1, 2026, the cashback rate for pensioners and benefit recipients on cashless transactions for purchases and housing and utility services will rise to 20%, up from the current 12%, as announced by Minister of Labor and Social Affairs Arsen Torosyan.
According to a report from Armenia's Central Bank, the net inflow of private money transfers to Armenia from abroad via the banking system during January to August 2025 reached $889.3 million, an increase from $790.7 million during the same period in 2024.
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 deficit of the Armenian government’s 2022 budget is projected at 3.1% of GDP or 243 billion drams, Finance Minister Tigran Khachatryan said today when speaking at a parliamentary hearing on next year’s budget
As part of the 19th assistance program designed by the government of Armenia to help offset the economic consequences of the coronavirus crisis, conducted jointly with the Ministry of Economy and the Investment Support Center Foundation, VTB Bank (Armenia) announced today lending to small businesses and assistance in the implementation of business projects of entrepreneurs in this segment, the press service of the bank reported
The Armenian government will use part of the proceeds raised from sale of $750 million of USD-denominated Eurobonds to build a "financial cushion," Finance Minister Atom Janjughazyan said during a government meeting on Thursday
Armenian government's decision to place another issue of Eurobonds is a forced step that contains great risks, economist Tatul Manaseryan said in an interview with ARKA news agency
The Armenian government's debt by the end of 2020 will make 65% of GDP, and in 2021 it will slightly decrease to 63%, Finance Minister Atom Janjughazyan said on Monday, presenting the draft state budget for 2021 to parliamentary commissions
Armenian Vice Premier Mher Grigoryan pointed out Thursday the progress in the implementation of the government’s 1st and 2nd programs aimed at cushioning the economic consequences of the coronavirus
As part of a string of assistance measures designed by the government of Armenia to help companies and citizens offset the consequences of the coronavirus crisis, local banks have provided loans to the tune of 119 billion drams, the Union of Banks of Armenia said in a statement
As part of Armenian government assistance programs, designed to help farmers overcome the socio-economic consequences of the coronavirus, the latter were provided with 18 thousand loans worth 37 billion drams, Deputy Minister of Economy Arman Khojoyan said at a press conference on Wednesday
