VTB Bank (Armenia) has become a participant in the Newmag BOOK DONATION educational and charitable initiative, which aims to enrich the collections of community libraries located in the regions of Armenia, as reported by the bank's press service.
Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.
Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship.
According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.
The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.
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.
On Thursday, Armenian Economy Minister Gevorg Papoyan welcomed a delegation from the ODDO BHF financial group, as reported by the press service of the Ministry of Economy.
On August 8, 2025, the law "On Amendments and Additions to the Law "On Combating Money Laundering and Terrorist Financing" will come into force in Armenia.
Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.
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.
VTB Bank (Armenia) has become a participant in the Newmag BOOK DONATION educational and charitable initiative, which aims to enrich the collections of community libraries located in the regions of Armenia, as reported by the bank's press service.
Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.
Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship.
According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.
The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.
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.
On Thursday, Armenian Economy Minister Gevorg Papoyan welcomed a delegation from the ODDO BHF financial group, as reported by the press service of the Ministry of Economy.
On August 8, 2025, the law "On Amendments and Additions to the Law "On Combating Money Laundering and Terrorist Financing" will come into force in Armenia.
Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.
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.
Inflation in Armenia rose to 1.7 percent (yoy) in January 2025, the highest yoy rate since April 2023, acording to the World Bank's “Armenia Monthly Economic Update - February 2024”.
To stem inflationary pressure, with consumer price index inflation peaking at 8.8% in August, the Central Bank of Armenia has hiked interest rates several times since December 2020, by a total of 300 basis points, Standard & Poor’s said in a report. This, and the recent dram appreciation, should help bring inflation more toward the 4% target over the coming 12-36 months
Consumer prices in Armenia in September 2021 were up 8.9% compared to September 2020, according to numbers, released today by the National Statistical Committee (NSC)
In an attempt to curb the growing inflation Armenian Central Bank has raised today the refinancing rate by 0.25 percentage points, setting it at 7.25%. The inflation still remains well above the 4 percent target set by the government and the Central Bank for 2021
Armenia’s consumer price index in late August 2021 was 8.8% higher from the same month in 2020, according to the National Statistical Committee (NSC). It said also that the inflation in August 2021 was up 0.4% from the previous month
Armenia’s consumer price index in July 2021 was 8.2% up, when compared to July 2020, and 0.5% down compared to June 2021, the National Statistical Committee (NSC) said today
The rapid recovery of the global economy, fuelled by credit and budgetary injections in developed countries, is driving asset prices up massively,” said Even Vinokurov, chief economist at the Eurasian Development Bank (EDB).
Armenia's Central Bank expects the inflation to have a considerable impact on the economy, however, it will not exceed the projected band, chairman of the Central Bank Martin Galstyan said on Tuesday
Armenia's consumer prices were 5.9% up in May 2021 compared to May 2020, and 0.4% down compared to April 2021, according to the numbers, released today by the National Statistical Committee (NSC)
