14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.
The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.
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.
The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.
Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.
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 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
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.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
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 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.
14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.
The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.
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.
The European Investment Bank (EIB) is a key partner for Armenia in terms of major infrastructure projects and reforms in areas of strategic importance for the economy, Armenian Deputy Prime Minister Mher Grigoryan said.
Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.
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 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
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.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
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 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.
The insights of the November at Armenia Securities Exchange have shown a surge of market and trade values of securities in comparison with November, 2020
The Armenian Securities Exchange (AMX) said the trade value of the Armenian government bonds traded in the primary market in 2020 July has grown by 46% from the same month in 2019 to 80.8 billion drams
Armenia registered a high indicator of financial stability, and the demand for government bonds exceeded supply 2.7 times, Artak Manukyan, the MP from the ruling faction My Step, said Wednesday an extraordinary parliamentary session
Armenian banks’ investments in government bonds at the end of October 2017 stood at 422 billion drams, an increase of 15.4% since the beginning of the year
Banks’ investments in government bonds in Armenia totaled AMD 388.4 billion in late June after shrinking 3.8% over the month, the Central Bank of Armenia reports
An additional auction has been held at NASDAQ OMX Armenia for government bonds worth AMD 1 billion, the press office of the stock exchange reported on Monday
Investments of Armenia’s banks in government bonds have grown 10.5% since the beginning of this year reaching AMD 403.9 billion in late May, but they reduced 2.4% over one month, the Central Bank of Armenia reports
Armenian finance minister Vardan Aramyan was the first today to purchase government treasury bonds worth 50,000 drams (less than $ 100) in the presence of journalists by using the new online gp.minfin.am platform