Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.
The publication Oninvest learned about the prohibition of online bank Revolut on transfers to accounts with cards issued by banks in Armenia, Georgia, Russia and about 50 other countries. Corresponding letter European digital bank Revolut sent to its clients in France.
"Armenian Card" CJSC stated that technical failures were recorded in the Internet channels of Armenia, as a result of which some online transactions are not certified.
Continuing its tradition, the CaseKey Business Case Competition 2025 hosted its gala event at the Dilijan Training and Research Center of the Central Bank of Armenia.
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 net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
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.
Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.
The publication Oninvest learned about the prohibition of online bank Revolut on transfers to accounts with cards issued by banks in Armenia, Georgia, Russia and about 50 other countries. Corresponding letter European digital bank Revolut sent to its clients in France.
"Armenian Card" CJSC stated that technical failures were recorded in the Internet channels of Armenia, as a result of which some online transactions are not certified.
Continuing its tradition, the CaseKey Business Case Competition 2025 hosted its gala event at the Dilijan Training and Research Center of the Central Bank of Armenia.
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 net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.15 billion in January-October 2025, compared to $1.05 billion in January-October 2024, according to a report from the Central Bank of the Republic.
The Executive Board of the International Monetary Fund (IMF) approved a new 36-month Stand-By Arrangement (SBA) with Armenia in the amount of SDR 128.8 million (100% of Armenia's IMF quota, or approximately $175 million).
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
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.
VTB Bank (Armenia) offers loans secured by gold items at the most favorable terms. The special campaign will run from November 9 to December 30, 2021 (inclusive)
Unibank is expanding cooperation with KfW bank and starts realizing a new credit program for business. According to the press service of the bank, two products have been developed within its framework- "Unsecured MSME" and "MSME” loans, which will allow the small, medium and micro-enterprises to receive funds for capital investments and current expenses
Prompted by the worsening socio-economic situation caused by the coronavirus pandemic and Nagorno-Karabakh post-war developments, as well as the slow economic recovery, on April 30, 2021, Armenia's Ministry of Finance officially applied to the International Development Agency (part of the World Bank Group) with a request to extend the decision on cancelling the additional 1.7% interest rate on loans for another year
The share of non-performing loans of Armenian banks reached 7% in April 2021, the chairman of the Central Bank Martin Galstyan told reporters on Thursday
Armenian credit organizations have written off 500 million drams worth loans of those who were killed during the last autumn war in the Nagorno-Karabakh conflict zone and their family members, chairman of the Central Bank Martin Galstyan told a parliament session today
Armenian commercial banks have forgiven the families and relatives of those wounded and killed during the war in Artsakh 2 billion drams worth loans, central bank chairman Martin Galstyan said on Tuesday
VTB Bank (Armenia), focusing on the needs of its customers, continues to expand its product line. According to the press service of the bank, this time bank offer real-estate secured consumer loans, which are provided to individuals for any purpose and can be the best solution to cover consumer expenses
The VTB Bank (Armenia) said today it offers loans secured by gold jewelry on the most favorable terms. According to the bank's press service, loans are provided under the following terms
The share of non-performing loans in Armenia's banking system may increase from 6.7% to 10%, Chairman of the Central Bank of Armenia Martin Galstyan said at a press conference on Tuesday
The Armenian authorities should stabilize the credit market by attracting preferential loans totaling $ 1-2 billion, economist Ashot Osipyan, founder of the School of Banking Management, told reporters on Wednesday at a video conference organized by the Economic Journalists Club
