Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
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.
Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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.
Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
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.
Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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.
HSBC in partnership with Ashoka (international organisation that promotes social entrepreneurship) launched the first of its kind Green Skills Innovation Challenge
The Central Bank of Armenia commented Thursday on a report released yesterday by Reuters about HSBC Bank's intention to reconsider its activity in Armenia
Armenian Prime Minister Nikol Pashinyan received Thursday HSBC Bank Executive Director for Europe Christopher Davis, the press office of the Armenian government reports
Armenian President Armen Sarkissian received today HSBC Bank Executive Director for Europe and Africa Christopher Davis and f HSBC Bank Armenia CEO Paul Edgar, the press office of the President said
In Armenia the tuition fees range from USD840-1,680 per annum, according to Foundations for the Future, the latest report in The Value of Education series from HSBC
Sixty per cent of people say that someone other than themselves should be responsible for ensuring they and their family are financially stable if something were to happen and they were no longer able to earn
China is one of Armenia’s most important investment partners, Thies Clemenz, Chief Executive Officer, HSBC Armenia, says in a study entitled ' Business Opportunities with “New Normal” China: Prospects for Armenia
Trade finance services provided by HSBC Bank Armenia in the first quarter of 2015 increased by 104% to 19.5 billion drams, while income from trade finance services increased by 41%, head of the Trade Finance Department of the Bank, Kamo Margaryan,- told ARKA
HSBC Bank Armenia clients’ mobile payments through HSBCnet amounted to a total of $7.6 million in the first quarter of this year, the bank’s press office reported
HSBC Holdings, Europe's largest bank by market value, said it will lay off up to 25,000 jobs around the world to reduce costs and shift its center of gravity back toward the fast-growing Asian economies where it started operations 150 years ago
