The quality of the loan portfolio of Armenian banks has improved due to a decrease in the share of problem debt from 2.4% to 1.2%, according to the regional economic review of the Eurasian Fund for Stabilization and Development (EFSD) “Winter 2024–2025.”
Bank lending growth rates in Armenia exceeded the growth rates of deposits (21.1% and 10.8% y/y, respectively) by the end of September 2024, contributing to the reduction of excess liquidity in the banking sector, the Eurasian Fund for Stabilization and Development (EFSD) regional economic review “Winter 2024-2025” says.
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
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
ARKA News Agency announces the launch of the updated website Arkatelecom.am — the first specialized resource in the field of high technologies and telecommunications in Armenia, operating since 2008.
The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).
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.
In an exclusive interview with ARKA news agency CEO of Armenian Securities Exchange (AMX) Hayk Yeganyan spoke about the strategy of the exchange, prospects of the securities market development, as well as the obstacles on this path
Andranik Grigoryan, the CEO of Converse Bank, addressed key topics in an interview with AmCham magazine, including customer interests, digital financial services improvement, and Converse Bank's digital team organization. Read the full interview with Andranik Grigoryan
The quality of the loan portfolio of Armenian banks has improved due to a decrease in the share of problem debt from 2.4% to 1.2%, according to the regional economic review of the Eurasian Fund for Stabilization and Development (EFSD) “Winter 2024–2025.”
Bank lending growth rates in Armenia exceeded the growth rates of deposits (21.1% and 10.8% y/y, respectively) by the end of September 2024, contributing to the reduction of excess liquidity in the banking sector, the Eurasian Fund for Stabilization and Development (EFSD) regional economic review “Winter 2024-2025” says.
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
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
ARKA News Agency announces the launch of the updated website Arkatelecom.am — the first specialized resource in the field of high technologies and telecommunications in Armenia, operating since 2008.
The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).
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.
In an exclusive interview with ARKA news agency CEO of Armenian Securities Exchange (AMX) Hayk Yeganyan spoke about the strategy of the exchange, prospects of the securities market development, as well as the obstacles on this path
Andranik Grigoryan, the CEO of Converse Bank, addressed key topics in an interview with AmCham magazine, including customer interests, digital financial services improvement, and Converse Bank's digital team organization. Read the full interview with Andranik Grigoryan
Arthur Javadyan, the present chairman of the Central Bank of Armenia, is leaving his post, but will remain in the financial and banking system of the country, Prime Minister Nikol Pashinyan said at a government meeting on Thursday
Arthur Javadyan, chairman of the Central Bank of Armenia, is attending in Prague the 42nd meeting of the governors of the central banks of the countries of Central Asia, Black Sea region and Baltic countries, the press office of the Armenian regulator repots
Arthur Javadyan, the head of the Central Bank of Armenia, flew Wednesday to the Saint Petersburg to attend the 28th International Financial Congress “Financial Markets – New Challenges and Maintenance of Stability”, the press office of the regulator reports
Arthur Javadyan, chairman of the Central Bank of Armenia, has attended a regular annual session of the Bank for International Settlements in Basel, Switzerland, the press office of the regulator reported on Monday
The chairman of the Central Bank of Armenia Artur Javadyan has left for Germany’s Frankfurt to participate in a meeting of the supervisory board of the German-Armenian Foundation that oversees projects, implemented in Armenia with the financial support of German KfW Bank
Armenian Central Bank’s intervention in the local foreign exchange market since the beginning of the year has been minimal, the chairman of the Central Bank Arthur Javadyan said on Friday during an extraordinary parliament session
Armenian Central Bank chairman Artur Javadyan announced today an imminent merger of two more banks when presenting the regulator’s report on the implementation of the 2015 monetary policy to parliament
Armenia's Central Bank is prepared to confront possible global crises, resulting from different geopolitical processes, Central Bank chairman Arthur Javadyan said on Monday during a discussion of the draft state budget for 2016 by National Assembly's standing committees
Chairman of the Armenian Central Bank Arthur Javadyan has left on Thursday for Switzerland to participate in the 85th annual meeting of the Bank for International Settlements
The chairman of the Central Bank of Armenia (CBA) Artur Javadyan will participate in the regular meeting of the German-Armenian Fund (GAF) observers’ group in Frankfurt
