Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
In September, commercial bank deposits grew 1.1 percent (mom) and credit expanded 2.1 percent. This is stated in the World Bank’s review “Armenia Monthly Economic Update – November 2025”.
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.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
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.
Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
In September, commercial bank deposits grew 1.1 percent (mom) and credit expanded 2.1 percent. This is stated in the World Bank’s review “Armenia Monthly Economic Update – November 2025”.
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.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
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.
As a leading bank in Armenia's mortgage lending market, VTB Bank (Armenia) keeps on developing one of the most popular products having doubled its mortgage loan portfolio over the past few years, increasing simultaneously the mortgage lending by 7 times, the press service of the bank reported today
In the first half of 2020 the loan portfolio of Armenian banks exceeded 3.6 trillion drams, Chairman of the Central Bank Martin Galstyan told reporters on Tuesday
Seventeen Armenian commercial banks' loan portfolio grew by 0.5% or 19 billion drams in the first quarter of 2020 reaching 3 trillion and 762 billion drams, up from 3 trillion and 743 billion drams at the end of 2019, Executive Director of the Union of Banks of Armenia Seyran Sargsyan told reporters during an online press conference on Tuesday
The annual meeting of the Eurasian Development Bank’s (EDB) Council took place in Nur-Sultan alongside the meeting of the EAEU heads of state, the bank said in a news release
Converse Bank said its gold-secured loan portfolio has grown by 14 percent since the beginning of the year to more than 15 billion drams as of November 20
The Asian Development Bank’s loan portfolio for financing the private sector in Armenia amounted to $140 million in 2017, Shane Rosenthal, the head of the ADB Resident Mission, told ARKA News Agency
The credit portfolio of Kamurj (Bridge) Armenian universal credit organization has amounted to 12 billion drams. In 2016 the organization released 9.7 billion drams worth loans
Anelik Bank's loan portfolio in 2015 increased by 5.33% to 61.738 billion drams, while the average figure across Armenian banking sector was only 0.69%, Ruben Melikyan
The aggregate loan portfolio of Armenian commercial bank's branches in Nagorno-Karabakh Republic has grown 17.2% since May 1, 2014 to AMD 86688.1 million by the same date of this year
Armenian ACBA -CREDIT AGRICOLE BANK’s loan portfolio had grown by 10 percent from January 2014 to 178 billion drams in late April, the bank’s CEO, Hakob Andreasyan said today
