The German-Armenian Fund (GAF) has provided AMD 980 billion in loans since the launch of its operation in Armenia, Chairman of the Central Bank Martin Galstyan said at the conference “Opportunities and Prospects of SME Financing”.
Loans issued by Armenian banks to small and medium-sized enterprises (SMEs) in 2024 amounted to 1.6 trillion drams, said Daniel Azatyan, Chairman of the Union of Banks of Armenia (UBA).
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, amounted to $87.5 million in January-February 2025, compared to $153.9 million in January-February 2024, according to the report from the Central Bank of Armenia.
Armenia's Central Bank is investigating possible vulnerabilities in the protection of online express lending systems due to the increasing number of fraud cases, Central Bank head Martin Galstyan said.
Compared to previous surveys, market participants' expectations regarding the Central Bank of Armenia's refinancing rate have slightly adjusted downwards, reflecting the trajectory of a gradual reduction in the refinancing rate over the next eight decisions.
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
In the consumer market of Armenia, the 12-month inflation rate in March of this year amounted to 3.3%, according to a report by the National Statistical Committee (NSC) of Armenia.
At a meeting on Thursday, the Armenian government ratified a loan agreement with the Asian Development Bank (ADB) for a program aimed at improving the quality of healthcare.
Goldman Sachs International will be able to sell minority stakes in a number of Russian blue chips to Balchug Capital CJSC, the same company that received permission from Russian authorities to buy the local banking unit of the American financial group.
Armenian Finance Minister Vahe Hovhannisyan discussed today the 5th revision of the Stand-By Arrangement (SBA) at a meeting with IMF Armenian mission chief Iva Petrova.
An agreement on financial cooperation has been signed between the governments of Armenia and Germany, as reported by Armenian Minister of Economy Gevorg Papoyan on his Facebook page.
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.
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.
The German-Armenian Fund (GAF) has provided AMD 980 billion in loans since the launch of its operation in Armenia, Chairman of the Central Bank Martin Galstyan said at the conference “Opportunities and Prospects of SME Financing”.
Loans issued by Armenian banks to small and medium-sized enterprises (SMEs) in 2024 amounted to 1.6 trillion drams, said Daniel Azatyan, Chairman of the Union of Banks of Armenia (UBA).
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, amounted to $87.5 million in January-February 2025, compared to $153.9 million in January-February 2024, according to the report from the Central Bank of Armenia.
Armenia's Central Bank is investigating possible vulnerabilities in the protection of online express lending systems due to the increasing number of fraud cases, Central Bank head Martin Galstyan said.
Compared to previous surveys, market participants' expectations regarding the Central Bank of Armenia's refinancing rate have slightly adjusted downwards, reflecting the trajectory of a gradual reduction in the refinancing rate over the next eight decisions.
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
In the consumer market of Armenia, the 12-month inflation rate in March of this year amounted to 3.3%, according to a report by the National Statistical Committee (NSC) of Armenia.
At a meeting on Thursday, the Armenian government ratified a loan agreement with the Asian Development Bank (ADB) for a program aimed at improving the quality of healthcare.
Goldman Sachs International will be able to sell minority stakes in a number of Russian blue chips to Balchug Capital CJSC, the same company that received permission from Russian authorities to buy the local banking unit of the American financial group.
Armenian Finance Minister Vahe Hovhannisyan discussed today the 5th revision of the Stand-By Arrangement (SBA) at a meeting with IMF Armenian mission chief Iva Petrova.
An agreement on financial cooperation has been signed between the governments of Armenia and Germany, as reported by Armenian Minister of Economy Gevorg Papoyan on his Facebook page.
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.
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.
Armenian Vice-Premier Tigran Avinyan took part yesterday in the online meeting of the Regional Group for Europe and Eurasia of the World Economic Forum (WEF)
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has chosen the Armenian capital Yerevan as the venue of its an annual meeting in 2021, Armenian Deputy Prime Minister Tigran Avinyan said today
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
Armenia's Central Bank chairman Arthur Javadyan has left for Washington, US, to attend the annual session of the governing boards of the World Bank (WB) and International Monetary Fund (IMF)
Arthur Javadyan, chairman of the Central Bank of Armenia, flied to Minks on Thursday to attend the 15th session of the advisory board of the monetary policies of the Eurasian Economic Union member countries’ central banks, the Armenian regulator’s press office reports
In 2017 June Armenia’s capital Yerevan will be hosting a regular meeting of countries, which are members of the Netherlands-Belgium group at the International Monetary Fund (IMF) and the World Bank
Unibank’s general annual meeting of shareholders scheduled for June 1, will sum up the Bank’s performance in 2015 and outline further development prospects, the Yerevan-based bank said today in a press release
