The Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.
Unibank and Urartu football club announced the start of a long-term partnership. On June 27, 2025, a signing ceremony was held at the club's training base, whereby Unibank has become the title sponsor of the club.
In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.
The refinancing rate of Armenia's Central Bank will average 6.8% in 2025, according to Eurasian Development Bank's macroeconomic forecast for seven member countries for 2025–2027.
In January-April 2025, the inflow of cross-border remittances to Armenia increased by 6% year-on-year to $1.8 billion, maintaining its historic high, according to a Eurasian Development Bank’s macroeconomic forecast for seven participating countries for 2025-2027.
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
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
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 Armenian Ministry of Internal Affairs held intensive discussions with representatives of the office of Deputy Prime Minister Mher Grigoryan, the Investigative Committee, and the Central Bank to resolve the problem of citizens affected by cybercrime.
Unibank and Urartu football club announced the start of a long-term partnership. On June 27, 2025, a signing ceremony was held at the club's training base, whereby Unibank has become the title sponsor of the club.
In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.
The refinancing rate of Armenia's Central Bank will average 6.8% in 2025, according to Eurasian Development Bank's macroeconomic forecast for seven member countries for 2025–2027.
In January-April 2025, the inflow of cross-border remittances to Armenia increased by 6% year-on-year to $1.8 billion, maintaining its historic high, according to a Eurasian Development Bank’s macroeconomic forecast for seven participating countries for 2025-2027.
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
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
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.
Last week gold trading was marked by considerable volatility because of a string of important events which could change the mood of investors. The U.S.
Gold quotes dropped last week pressured by the concerns of the dealers about quantitative stimulus program’s terms. This asset appeared to show a three-week non-stop negative dynamics
Gold prices were mostly climbing last week, however, no definite dynamics was reported. The highest increase was demonstrated in the middle of the week after the USA released its macroeconomic statistics which highlighted US economic slowdown. According to the statistics, the U.S. GDP in the first quarter rose by 2.4% whereas last month it was anticipated at 2.5%. Moreover, weaker than expected labor statistics from America drove the investors to calm down around the quantitative stimulus program terms
The World Gold Council released on Thursday, May 16, the global gold demand and supply statistics. According to the statistics, the global gold demand slipped in the first quarter by 13.05% to 963.0 tons, from a year earlier, and by 18.95%, compared to the previous quarter
Gold prices were mainly rising last week, however, no stable dynamics was again reported. Physical purchases continued supporting the asset. In addition, mixed macroeconomic statistics of the largest economy and weaker positions of the USD made gold more attractive
The prices for gold were teetering during the past five trading days amid the curbed activity of investors and concerns around the U.S. budget sequester. In addition, strong USD and no data which could influence the quotes brought up no optimism as well
Gold prices climbed early last week as investors were getting more reluctant to take risks amid controversial economic records from the US and eurozone as well as renewed concerns around financial and political situation of the latter
Gold prices slightly tumbled last week as the American regulator published last Thursday its December session protocols. As a result, the quotes of the precious metal reached their week minimum of 1,642.69 USD per troy ounce
Gold quotes dropped significantly last week amid concerns about “budget breakdown” in the U.S. The price for gold tumbled to the new minimum of 1,635.17 USD per troy ounce recording the lowest result over the last four months
Last week the gold quotes were pressured amid the political battles between the U.S. legislators over the so-called “budget breakdown,” expenditures cuts and tax increases to be embarked early next year
Last Monday gold prices went up amid the positive expectations that the ECB may launch additional measures for European economy aid. Indeed, ECB Governing Council member Ardo Hansson’s comments about the “significant” volume of bond-buy