In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
All commercial banks operating in Armenia in January-June 2025 were included in the list of the 1,000 largest taxpayers for the period, having paid more than AMD 107.76 billion to the state budget.
n May, net non-commercial money transfers continued robustgrowth, at 19.5 percent (yoy),- stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
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.
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.
In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
All commercial banks operating in Armenia in January-June 2025 were included in the list of the 1,000 largest taxpayers for the period, having paid more than AMD 107.76 billion to the state budget.
n May, net non-commercial money transfers continued robustgrowth, at 19.5 percent (yoy),- stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
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.
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.
Russian-owned Bank VTB (Armenia) has opened a credit-documentary limit for Armenian Mika Group of companies in the amount of $20 million as part of its corporate business fostering strategy.
