At the exhibition titled "Banks on One Platform," organized by the Union of Banks of Armenia Banks in Syunik, Aсba Bank showcased its programs and financing options available for local small and medium-sized enterprises (SMEs) – including manufacturers, farmers, and individuals, as reported by the bank's press service.
The volume of loans issued by Armenian commercial banks as of the end of September 2025 amounted to 7,497,746 million drams, compared to 7,362,263 million drams at the end of August, according to data from the Statistical Committee of the Republic of Armenia.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
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.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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.
At the exhibition titled "Banks on One Platform," organized by the Union of Banks of Armenia Banks in Syunik, Aсba Bank showcased its programs and financing options available for local small and medium-sized enterprises (SMEs) – including manufacturers, farmers, and individuals, as reported by the bank's press service.
The volume of loans issued by Armenian commercial banks as of the end of September 2025 amounted to 7,497,746 million drams, compared to 7,362,263 million drams at the end of August, according to data from the Statistical Committee of the Republic of Armenia.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
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.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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.
Iranian President Hassan Rouhani last Thursday urged Muslim nations to deepen financial and trade cooperation to fight what he described as US economic hegemony
Armenia and Iran are set to expand cooperation in the field of insurance, the press service of the Armenian ministry of economic development and investments said following a meeting between minister Suren Karayan and the director general of the Central Insurance Company of Iran Abdolnaser Hemati
Vardan Aramyan, Armenian finance minister, and Seyyed Kazem Sajjad, Iranian ambassador to Armenia, met on Monday and discussed prospects for modernizing Armenia’s financial systems
The Yerevan-based Iranian Mellat Bank plans to increase the size of its capital to 30 billion drams to meet Armenian Central Bank’s revised requirement, the bank’s executive director Seyed Mousavi Holamreza said in an interview with local daily "Zhamanak" (Time)
Armenia, as a member of the Eurasian Economic Union, can present Iran's financial interests in the union countries, Ph.Dr. Ashot Tavadyan, the head of the department of mathematical modeling in economy at the Armenian State University of Economics, said in an interview with ARKA News Agency
In retaliation to a Reuters article “Iran looks to Armenia to skirt sanctions” in which it claimed that the Islamic Republic ‘is seeking to expand its banking foothold in Armenia to make up for difficulties in countries it used to rely on to do business,’ Armenia’s Central Bank said:
Standard Chartered Plc will pay $340 million to New York's bank regulator over transactions linked to Iran, in a speedily arranged deal likely to cheer its shareholders, Reuters reports
Amir-Mansour Borqei, Head of Department of Economic Relations of Iranian Ministry of Foreign Affairs suggested to establish joint Iranian-Armenian Bank, informs tehrantimes.
