The refinancing rate of Armenia's Central Bank will average 6.8% in 2025, according to Eurasian Development Bank's macroeconomic forecast for seven member countries for 2025–2027.
In January-April 2025, the inflow of cross-border remittances to Armenia increased by 6% year-on-year to $1.8 billion, maintaining its historic high, according to a Eurasian Development Bank’s macroeconomic forecast for seven participating countries for 2025-2027.
VTB (Armenia) has become a partner of the Music for the Future Foundation. The bank will support the foundation's key programs, including the development of cultural and educational projects, the organization of concerts, and the allocation of scholarships for young musicians.
Moody's has upgraded Unibank long-term local and foreign currency bank deposit ratings to B1 from B2 and changed the outlook on these ratings to stable.
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.
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.
The refinancing rate of Armenia's Central Bank will average 6.8% in 2025, according to Eurasian Development Bank's macroeconomic forecast for seven member countries for 2025–2027.
In January-April 2025, the inflow of cross-border remittances to Armenia increased by 6% year-on-year to $1.8 billion, maintaining its historic high, according to a Eurasian Development Bank’s macroeconomic forecast for seven participating countries for 2025-2027.
VTB (Armenia) has become a partner of the Music for the Future Foundation. The bank will support the foundation's key programs, including the development of cultural and educational projects, the organization of concerts, and the allocation of scholarships for young musicians.
Moody's has upgraded Unibank long-term local and foreign currency bank deposit ratings to B1 from B2 and changed the outlook on these ratings to stable.
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.
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.
YEREVAN, January 19, /ARKA/. Moody's Investors Service ("Moody's") has today assigned Ba3 foreign and local-currency insurance financial strength ratings (IFSRs) to Export Insurance Agency of Armenia ICJSC (EIA). The outlook is stable.
As of October 1, 2021, about 305 million drams were paid in compensation claims to holders of 1,440 agricultural insurance policies in Armenia, the Ministry of Economy reported
The Armenian government has extended the deadline for farmers to conclude agricultural insurance contracts by one month until May 15, Anna Ohanyan, spokeswoman for the Ministry of Economy, wrote in a Facebook post.
Six Armenia-based insurance companies collected a total of 29.9 billion drams in the first 9 months of 2019 as premiums for mandatory insurance of vehicles and paid 16.7 billion drams in damage compensation claims
The Armenian Bureau of Car Insurers saw a 30-40% rise in all indicators in 2017, including the number of insurance cases, the head of the Bureau Vahan Avetisyan told a news conference today
The government of Armenia has approved today a draft grant agreement between the ministry of finance and the German state-owned KfW bank to the tune of 5.3 million euros
Six Armenia-based insurance companies collected a total of 13.4 billion drams in the first 9 months of 2017 as premiums for mandatory insurance of vehicles and paid 7.9 billion drams in damage compensation claims
Armenian motorists are now able to conclude mandatory insurance of their vehicles with any insurance company online at a 5% discount on insurance premiums, the Bureau of Car Insurers of Armenia said today
VTB Bank (Armenia) and ROSGOSSTRAKH ARMENIA Insurance Company are presenting a new product – immovable property insurance “A Clean Home”, the press office of the bank reports
