As part of the Sevan Agritech Summit, held in partnership with Acba Bank, the ACBA Federation presented opportunities for developing, digitizing, and supporting innovative agriculture in Armenia.
For the first time in Armenia, the Velosolutions UCI Pump Track World Championships Qualifier will be held. The Velosolutions UCI Pump Track is organized by the Union Cycliste Internationale (UCI) and Velosolutions. The main sponsor of the event in Armenia is Unibank.
The Armenian government is expected to allocate 205 million drams to continue a program designed to stimulate the economic activity of individuals with bad loans in June and July of 2025.
One of the most anticipated events in the Armenian tech community, Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections.
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
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
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.
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.
As part of the Sevan Agritech Summit, held in partnership with Acba Bank, the ACBA Federation presented opportunities for developing, digitizing, and supporting innovative agriculture in Armenia.
For the first time in Armenia, the Velosolutions UCI Pump Track World Championships Qualifier will be held. The Velosolutions UCI Pump Track is organized by the Union Cycliste Internationale (UCI) and Velosolutions. The main sponsor of the event in Armenia is Unibank.
The Armenian government is expected to allocate 205 million drams to continue a program designed to stimulate the economic activity of individuals with bad loans in June and July of 2025.
One of the most anticipated events in the Armenian tech community, Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections.
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
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
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.
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.
Armenia's Central Bank is collecting data to assess the losses suffered by Armenian business people who invested money in some settlements in Nagorno-Karabakh which were handed over to Azerbaijan after the November 9 statement on cessation of hostilities, signed by the leaders of Armenia, Russia and Azerbaijan, a Central Bank Board member David Nahapetyan, told the parliament today
'Now it is more than necessary to support the heroes of the Karabakh war and their families,' the Union of Banks of Armenia said in a statement today issued in connection with the Day of the Banker, celebrated on November 23
Credit organizations in Armenia will award credit holidays to those borrowers who have volunteered or were called up to the armed forces for the entire period of marshal law, declared after the large-scale offensive by Azerbaijan against Nagorno-Karabakh, the Union of Credit Organizations said in a statement today
ACBA-CREDIT AGRICOLE BANK has decided to completely annul the credit obligations of the families of servicemen who died on the line of contact between the Karabakh and Azerbaijani forces
VTB Bank (Armenia) has decided to annul loan obligations of those Armenian servicemen who were killed or went missing in the latest upsurge in violence in Nagorno-Karabakh
As of February 1, 2016 the combined amount of credit portfolios of Armenian banks’ branches in the Nagorno-Karabakh Republic (NKR) stood at 79.6 billion drams, a drop of 16.7% compared to the same period of 2015
On January 1, 2016 the combined credit portfolio of Armenian banks’ branches operating in the Nagorno-Karabakh Republic (NKR) were by 2.6% higher from a year before standing at 100.1 billion drams
Armenian banks’ lending to customers outside the capital city and in the Nagorno-Karabakh Republic was higher than in Yerevan, according to a Central Bank’s study on composition and structure of credit investments and borrowed funds of banks and credit organizations from June 2014 to June 2015
The aggregate loan portfolio of Armenian banks' branches operating in Nagorno-Karabakh Republic's territory grew 17.3% over the first ten months of this year, compared with the same period a year before, reaching AMD 89186.8 million by early November
