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.
Cyber Security Week in Armenia ended with the Bug Bounty competition with Acba Bank's offensive cyber security team recognized as the best, according to the bank's press service.
The Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.
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
In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.
On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.
The net inflow of private remittances in Armenia from abroad sent through the banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.
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.
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.
Cyber Security Week in Armenia ended with the Bug Bounty competition with Acba Bank's offensive cyber security team recognized as the best, according to the bank's press service.
The Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.
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
In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.
On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.
The net inflow of private remittances in Armenia from abroad sent through the banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.
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.
Some 400 individual investors and corporate entities have acquired 4.5 billion drams worth shares of Acba bank, which it issued in September 2021, the bank’s press office said today
Citing the Moody's Investors Service affirmation of the Government of Armenia's Ba3 local and foreign currency long-term issuer ratings and foreign currency senior unsecured rating with the outlook remaining stable, Finance Minister Tigran Khachatryan said it is a very important signal for international investors
At an extraordinary meeting on Monday the Armenian parliament passed in the second and final reading an array of amendments to the laws "On the Securities Market" and "On Joint Stock Companies"
Armenian securities (government bonds for the time being) will be available for investors from around the world, Konstantin Saroyan, the director of NASDAQ OMX Armenia stock exchange, said in an exclusive interview with ARKA
US stocks closed modestly higher overnight, putting the Dow within striking distance of an all-time high, as investors looked ahead to President Barack Obama's State of the Union address
Foreign investors are interested in Armenia’s developing securities market, Nasdaq OMX Armenia stock exchange executive director Armen Melikian said today in comments on the VII CIS and Baltic Region Bond Congress that will be held in Yerevan on July 1 and 2, 2010.
